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Capella Granted Exploration Permits for Northern Finland Gold-Copper Project
Capella Granted Exploration Permits for Northern Finland Gold-Copper Project Canada New...
About this update from Capella Minerals Limited
[{"type":"text","content":"\n \n \n \n Capella Granted Exploration Permits for Northern Finland Gold-Copper Project\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 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\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 May 30, 2023\n \n \n /CNW/ -\n \n Capella Minerals Ltd\n \n (TSXV: CMIL) (OTCQB: CMILF) (FRA: N7D2) (\"Capella\" or the \"Company\") is pleased to announce that it has been granted exploration permits covering five priority gold-copper (\"Au-Cu\") targets on its Northern Finland Gold-Copper project. The Company's initial priorities will be on the evaluation of potential extensions to Outokumpu Oy's former Saattopora gold-copper mining operation (\"Saattopora W permit\"), together with initial diamond drill testing of the historical gold-copper Bottom of Till (\"BoT\") geochemical anomalies defined by\n \n Anglo American\n \n plc in the Killero area (\"Killero E permit\") (Figure 1).\n \n \n The Company´s target areas lie adjacent to the Sirkka thrust zone, a well-mineralized structural corridor in the Central Lapland Greenstone Belt which hosts a number of recent exploration discoveries (such as Rupert Resources' Ikkari gold project\n \n 1\n \n ). The granted exploration permits allow the Company to undertake more detailed field evaluations - including ground geophysical surveys and diamond drilling - within the individual target areas. Engagement with local communities / stakeholders to discuss upcoming work programs will also be a priority over the coming months.\n \n \n Capella currently holds a 70% interest in the five target areas through a Joint Venture (\"JV\") agreement signed with ASX-listed Cullen Resources Ltd (ASX: CUL)(\"Cullen\")(see Company News Release dated\n \n August 24, 2021\n \n ).\n \n \n \n \n \n \n \n \n \n \n Figure 1.\n \n Locations of the five ...