Capella Acquires Advanced-Stage Hessjøgruva Copper-Zinc-Cobalt Project, Kjøli District, Norway

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[{"type":"text","content":"\n \n \n \n Capella Acquires Advanced-Stage Hessjøgruva Copper-Zinc-Cobalt Project, Kjøli District, Norway\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnml40{\nMARGIN-LEFT:3.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n April 6, 2022\n \n \n /CNW/ - Capella Minerals Ltd. (TSXV: CMIL) (OTCQB: CMILF) (FRA: N7D2) (the \"Company\" or \"Capella\") is pleased to announce that it has signed an Exploration and Exploitation Agreement (\"EEA\") with Hessjøgruva AS for the acquisition of a 100% interest in the advanced exploration-stage Hessjøgruva Copper-Zinc-Cobalt (\"Cu-Zn-Co\") project in central\n \n Norway\n \n . The Hessjøgruva project is located approximately 20km SW of the Company's 100%-owned Kjøli Cu-Zn-Co project (Figure 1) and has a current mineral inventory (non-Canadian National Instrument NI 43-101 compliant mineral resource) of\n \n 3MT @ 1.7% Cu + 1.4% Zn\n \n 1,2\n \n (\n \n or\n \n 2.2% Cu equivalent\n \n 3\n \n )\n \n based on a total of\n \n 12,139m\n \n / 68 holes of historical diamond drilling.\n \n \n \n \n \n \n \n \n \n The Hessjøgruva project provides Capella with a potential near-term development asset which complements the Company's ongoing exploration activities at the adjacent Kjøli project. Both Hessjøgruva AS and local government / communities will benefit directly from the successful advancement and development of the Hessjøgruva project, with copper and cobalt also being key metals required for zero-carbon energy transmission and for battery/energy storage.\n \n \n \n Highlights\n \n \n \n \n Capella to acquire a 100% interest in the advanced-stage Hessjøgruv...

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