Capella Initiates Reconnaissance Diamond Drill Program at the Killero W Gold-Copper Project, Northern Finland

About this update from Capella Minerals Limited

VANCOUVER, BC, July 3, 2026 /CNW/ - Capella Minerals Ltd. (TSXV: CMIL) (OTC Pink: CMILF) (FRA: N7D) ("Capella" or the "Company") is pleased to announce the commencement of a reconnaissance diamond drill program at the Killero W gold-copper project in the Central Lapland Greenstone Belt, Northern Finland. The Killero W project is one of five projects that form part of the Tümad Madencilik Sanayi Ve Ticaret A.S. ("Tümad") earn-in Joint Venture ("JV") for Northern Finland (see Company News Release dated September 2, 2025), with the current drill program at Killero W following on from the recently completed 2,008m / 9 hole diamond drill program at Killero E. The Northern Finland projects (Killero E, Killero W, Jolhikko, Seiseunselka, Saattopora W) are located 40km SW of Agnico Eagle Mines Ltd's ("Agnico"; TSX: AEM; NYSE: AEM) producing Kittila Gold Mine1, with all five projects now surrounded by Agnico following the successful closing of Agnico's acquisition of Rupert Resources Ltd (TSX: RUP) on June 16, 2026 (Figure 1). Figure 1. Location of the Killero W gold-copper project in Northern Finland, together with the project areas acquired by Agnico as part of its consolidation of the Central Lapland Greenstone Belt. Agnico Eagle Mines Limited - AGNICO EAGLE TO CONSOLIDATE FINLAND'S CENTRAL LAPLAND GREENSTONE BELT IN THREE SEPARATE TRANSACTIONS Highlights

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