Capella Minerals Ltd. is pleased to advise that Prospector Metals Corp. has today provided the market with a further update on its ongoing exploration activities at the Savant Gold Project in Ontario, Canada. Prospector is currently earning-in to a 70% interest in Savant in return for a combination of annual cash and share payments to Capella together with the sole funding of CAD 2M of staged work commitments prior to [...]
Capella Minerals Ltd. is pleased to report that it has expanded its mineral claim holdings in the Hessjøgruva district through the granting of 20 square kilometres of exploration claims over the past-producing Kongensgruve district. The central portion of the Kongensgruve claim block lies approximately 6km east of the Company's 100%-owned Hessjøgruva project, contains a series of known copper-zinc-cobalt occurrences , and [...]
Capella Minerals Ltd. is pleased to announce that, as part of its "first mover" strategy in Norway, it has successfully staked a series of exploration claims located in the past-producing Vaddas-Birtavarre copper-cobalt+/-zinc massive sulfide district of northern Norway. The Vaddas-Birtavarre district is located in the Finnmark og Troms Province, some 60km E of the regional centre of Trømso and immediately to the west of [...]
Capella Minerals Ltd. is pleased to advise that Prospector Metals Corp. has today provided the market with an update on its ongoing exploration activities at the Savant Gold Joint Venture . Prospector is currently earning-in to a 70% interest in Savant through the sole funding of CAD 2M of work commitments on this highly-prospective but underexplored property, and by making staged cash and share payments to Capella. Key [...]
Capella Minerals Ltd. is pleased to announce that GeoVista Aktiebolag has been engaged by the Company to complete a Canadian National Instrument 43-101 compliant technical report for its recently-acquired and 100%-owned Hessjøgruva copper-zinc-cobalt project in Trøndelag Province, central Norway. GeoVista's independent technical report is expected to place the Hessjøgruva project on the path towards a maiden NI 43-101 [...]
Capella Minerals Ltd. announces that, as a result of a review by the British Columbia Securities Commission , the Company is issuing the following News Release to clarify disclosure. The Company announced the acquisition of a 100% interest in the copper-cobalt Hessjøgruva project in central Norway and indicated that previous mining companies - including Røros Kobberverk AS, an important copper miner that had previously [...]
Capella Minerals Ltd. is pleased to provide the following update on ongoing exploration and development activities at the Company's 100%-owned Hessjøgruva, Kjøli, and Løkken copper-zinc-cobalt projects in central Norway. The Company's immediate priority will be to bring its recently acquired Hessjøgruva project in to a Canadian National Instrument 43-101 compliant mineral resource, in addition to driving the discovery of [...]
Capella Minerals Ltd. is pleased to report that it has completed a 4,000-line km high-resolution drone magnetic survey over the Katajavaara-Aakenus project in northern Finland. Interpretation of the data derived from this survey is well underway, with the Company's focus being the evaluation of potential extensions to Outokumpu Oy's former Saattopora gold-copper mining operation and the significant historical gold-copper [...]
Capella Minerals Ltd. is pleased to report that Prospector Metals Corp. , Capella's Joint Venture partner and operator of the Savant Lake Gold Project, has today provided the market with an update on its planned exploration activities on its Newfoundland and Ontario project portfolio, including Savant Lake. Prospector is currently earning-in to a 70% interest in the Savant Lake Gold Project through the sole funding of CAD [...]
Capella Minerals Ltd. is pleased to announce that it has signed an Exploration and Exploitation Agreement with Hessjøgruva AS for the acquisition of a 100% interest in the advanced exploration-stage Hessjøgruva Copper-Zinc-Cobalt project in central Norway. The Hessjøgruva project is located approximately 20km SW of the Company's 100%-owned Kjøli Cu-Zn-Co project and has a current mineral inventory of 3MT @ 1.7% Cu + 1.4 [...]
Capella Minerals is pleased to announce that OTC Markets Group has approved the Company's upgrade from its existing OTC Pink market listing to an OTCQB® Venture Market listing, effective March 22, 2022. The Company also advises that its OTC ticker symbol has been changed from "NWDMF" to "CMILF". Eric Roth, Capella's President and CEO, commented: "We are pleased to be announcing today both our upgrade to the OTCQB [...]
Capella Minerals is pleased to report that a high-resolution drone magnetic survey has commenced on the Katajavaara-Aakenus JV project in Finland. The drone magnetic survey will cover the combined 200 square km project area, and is being undertaken by Finnish contractor Radai Ltd. The drone magnetic data set will allow the Company to obtain a greater understanding of both the basement geology and known gold-copper [...]
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