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Capella Provides Exploration Update on Canadian Gold Joint Ventures
Capella Provides Exploration Update on Canadian Gold Joint Ventures Canada News...
About this update from Capella Minerals Limited
[{"type":"text","content":"\n \n \n \n Capella Provides Exploration Update on Canadian Gold Joint Ventures\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.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Jan. 28, 2021\n \n /CNW/ - Capella Minerals Ltd. (TSXV: CMIL) (FRA: N7D2) (the \"Company\" or \"Capella\") is pleased to provide the following update on recent exploration and drill targeting activities at the Savant Lake Gold Project (\"Savant Lake\") in\n \n NW Ontario\n \n , and the Domain Gold Project (\"Domain\") in\n \n Manitoba\n \n .\n \n Savant Lake\n \n is a Joint Venture (\"JV\") between Capella and Ethos Gold Corp. (TSXV: ECC)(\"Ethos\") in which Ethos is earning-in to a direct 70% interest in the project through annual cash and share payments to Capella and work commitments totalling\n \n CAD2M\n \n . Domain is a JV between Capella and Yamana Gold Inc. (TSX: YRI) (NYSE: AUY) (\"Yamana\") in which Capella holds a participating 29.6% interest (Figure 1).\n \n \n \n Highlights\n \n \n \n \n Savant Lake Gold JV\n \n \n \n \n Ethos has completed a high-resolution, 4,000-line km helicopter-borne magnetic survey over the main\n \n Savant Lake\n \n claim block. This survey has provided higher definition of the principal gold target at\n \n Savant Lake\n \n , the estimated 60 km cumulative strike length of deformed iron formation units (with 90% of this strike length having either limited or no surface exposure) (Figure 2). Detailed evaluation / interpretation of this airborne magnetic data is currently in progress, with results to be integrated with existing geological, geochemical, and geophysical data. Ethos plans to mobilize field crews in early spring with the intention of groun...