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Capella Provides Scandinavian Project Portfolio Update

Capella Provides Scandinavian Project Portfolio Update Canada NewsWire VANC...

articleCapella Minerals LimitedJuly 22, 20245/company/capella-minerals-ltd/news/capella-provides-scandinavian-project-portfolio-update
Capella Provides Scandinavian Project Portfolio Update

About this update from Capella Minerals Limited

[{"type":"text","content":"\n \n \n \n Capella Provides Scandinavian Project Portfolio Update\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.prnsbbb1{\nBORDER-BOTTOM:black 1pt\n}\n.prnsblb1{\nBORDER-LEFT:black 1pt\n}\n.prnsbtb1{\nBORDER-TOP:black 1pt\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnrbrb1{\nBORDER-RIGHT:black 1pt\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\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 July 22, 2024\n \n \n /CNW/ -\n \n Capella Minerals Ltd\n \n (TSXV: CMIL\n \n )\n \n (OTCQB: CMILF\n \n )\n \n (FRA: N7D2) (\"Capella\" or the \"Company\") is pleased to provide the following update as we focus on our Scandinavian project portfolio, following the regaining of a 100% interest in its high-grade copper-cobalt-zinc projects in the Løkken and Røros mining districts, central\n \n Norway\n \n , and including the drill-ready targets at Åmot and Hessjøgruva (see Company News Release dated\n \n July 19, 2024\n \n ).\n \n \n The Company's project portfolio was also streamlined during H1, 2024, with the divestiture of two non-core assets in the Americas (the Savant project in\n \n Ontario, Canada\n \n , and the Sierra Blanca project in\n \n Santa Cruz\n \n ,\n \n Argentina\n \n ), with discussions on strategic alternatives for the Domain project in\n \n Manitoba, Canada\n \n , also underway with JV partner Agnico Eagle Mines Ltd (TSX/NYSE: AEM). This provides the Company with a clear focus on its Scandinavian projects going forward.\n \n \n \n \n Northern Finland Copper-Gold Project\n \n \n \n (70% Capella; 30% Cullen Resources Ltd)\n \n \n \n Capella's Northern Finland Copper-Gold Project consists of 5 exploration licenses (\"EL's) with granted drill permits, and is located in the world-class metallogenic province of the Central Lapland Greenstone Belt (\"CLGB\") (Figure 1). The portfolio consists of the priority Killero E and Killero W targets (former\n \n Anglo American\n \n plc Base of Till &#x2013...

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