First Points' primary interests are 1) Cacamuya Au-Ag in Honduras, 2) Cedros Ag-Pb-Zn also in Honduras and 3) the Mann Pt-Pd Project in Ontario, Canada (which has four separate properties in it). Mexico sees to be on their back burner.
First
Point Minerals Corp. FPX
(TSVX)
Operates in Mexico through wholly-owned subsidiary Aumin S.A. de C.V.
Nayarit and Sinaloa. Entered into an agreement, the "West Mexico Syndicate" with Minera Sasha to carry out exploration in Sinaloa and Nayarit States based on extensive archives held by Minera Sasha. Mr Ron Tammekand, an Australian geologist residing in Mexico for 18 years runs Minera Sasha and has compiled these data.CMH 1998-1999
Press Release 23Feb98El Progresso Property, Acquired option to earn in 100% interest in porphyry copper-gold property which sticks out at edge of pediment/gravel cover under strong 1 km wide IP and resistivity/chargeability anomaly.
GCN #240 15Dec98
La Estrella Au Property, Acquired option to earn in 100% interest in 44 hectare property where local miners extract gold from quartz-stockwork with no prior exploration. Western Mexico, location unspecified. Additional land being acquired prior to mapping and sampling.
GCN #240 15Dec98
