New Point Exploration Provides Update for Moosehead Lake Properties
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NEWS RELEASE
New Point Exploration Provides Update
for Moosehead Lake Properties
VANCOUVER—February 7, 2019— New Point Exploration Corp. (CSE: NP / OTC: NPEZF / FSE: 4NP)
(“New Point” or the “Company”) is pleased to provide the following update for the Moosehead Lake
Properties in Newfoundland. Timothy Henneberry - Mammoth Geological Ltd. was engaged to examine
the properties for infrastructure, look at any outcrops and take some initial samples. He als o reviewed
regional Long Wave InfraRed (LWIR).
New Point Land Tenure-Moosehead Lake
Long Wave infraRed (LWIR) imagery for the two NP properties indicates anomalous quartz and
chalcopyrite on the southern tenure. Both land tenures are underlain by forest and bog cover. Eighty
nine soil samples were collected to search for any potential mineralization. Only one outcrop was noted.
On the northern block 29 auger samples were collected from 1.5 meter depths with two single point
samples assaying 10ppb Au and 14ppb Au. On the southern block 50 surface soil samples were
collected on three separate lines using 50 meter sample spacing from the southern block. Three
adjacent samples on the southern, east-west trending line returned 19 ppb Au, 6 ppb Au, and 7 ppb Au
from the west to the east. A single point sample returned 6 ppb Au.
newpointexploration. com
CSE: NP / OTC: NPEZF / FSE: 4NP
Suite 310 – 221 West Esplanade, North Vancouver, BC, V7M 3J3 2
New Point Southern Tenure-026277M: Gold Soil Geochmistry (Au ppb)
Follow-up is planned pending further developments and improved understanding of the mineralization in
the region.
About New Point Exploration Corp.
New Point (CSE: NP / OTC: NPEZF / FSE: 4NP) is engaged in the business of acquiring, exploring and
developing mineral properties related to the growing battery industry. Focused on high grade,
prospective properties in North America, New Point is building a portfolio that includes lithium, cobalt and
copper projects in prospective, mining-friendly jurisdictions. New Point, A Next Generation Metals
Company.
On Behalf of the Board of New Point Exploration Corp.
“David Greenway”
Chief Financial Officer
Corporate Office
310-221 West Esplanade
North Vancouver, BC
V7M 3J3
For further information, please contact:
P: (604) 318-0114
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the
Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
newpointexploration. com
CSE: NP / OTC: NPEZF / FSE: 4NP
Suite 310 – 221 West Esplanade, North Vancouver, BC, V7M 3J3 3
This news release may contain forward-looking statements based on assumptions and judgments of management
regarding future events or results. Such statements are subject to a variety of risks and uncertainties, which could
cause actual events or results to differ materially from those reflected in the forward- looking statements. The
Company disclaims any intention or obligation to revise or update such statements.