Capella Minerals is pleased to announce that OTC Markets Group has approved the Company's upgrade from its existing OTC Pink market listing to an OTCQB® Venture Market listing, effective March 22, 2022. The Company also advises that its OTC ticker symbol has been changed from "NWDMF" to "CMILF". Eric Roth, Capella's President and CEO, commented [...]
Capella Minerals is pleased to report that a high-resolution drone magnetic survey has commenced on the Katajavaara-Aakenus JV project in Finland. The drone magnetic survey will cover the combined 200 square km project area, and is being undertaken by Finnish contractor Radai Ltd. The drone magnetic data set will allow the Company to obtain a [...]
Capella Minerals is pleased to announce that it has received approval from the Norwegian Directorate of Mining for the Company's maiden diamond drill program at its 100%-owned Kjøli copper-zinc-cobalt massive sulfide project in Norway. Permits have been granted for up to 4,000m of diamond drilling in 25 holes. Four main priority areas have been [...]
Capella Minerals is pleased to announce that, in partnership with Digbee ESG® it has adopted an industry-standard Environmental, Social, & Governance disclosure system designed to drive and report "international best practice" ESG principals within the Company. The Company achieved an overall BB rating in its first-ever formal ESG assessment, with [...]
Capella Minerals is pleased to report that Austral Gold Limited has successfully completed the "Tranche 1" exploration investment required to earn-in to an initial 51% interest in the Company's former Argentine subsidiary, Sierra Blanca SA. SBSA's sole asset is the Sierra Blanca gold-silver project in Santa Cruz Province. Austral may now invest a [...]
Capella Minerals is pleased to announce that initial exploration programs designed to advance prospective gold-copper target areas on the Katajavaara and Aakenus Joint Venture projects in northern Finland have now commenced. Capella currently holds a 70% interest in the Katajavaara and Aakenus JV, in accordance with the terms of the agreement [...]
Capella Minerals is pleased to report that final results have now been received from the late-summer exploration program undertaken at the Company's 100%-owned Kjøli high-grade copper-zinc massive sulfide project in Norway. The current exploration program included systematic soil sampling and a ground gravity survey and was designed to allow the [...]
Capella Minerals Ltd. is pleased to advise that it has executed the sale of the 833,334 common shares held by the Company in Cerrado Gold Inc , resulting in proceeds totalling CAD 1.2M. The Cerrado shareholding was received in Q1, 2021, as consideration for the divestiture of Capella's former Argentine subsidiary, Minera Mariana SA. Funds received [...]
Capella Minerals Ltd. is pleased to announce that it has signed a binding Letter of Intent with Cullen Resources Limited through which Capella may earn-in to Cullen's Katajavaara and Aakenus gold projects in the highly-prospective Central Lapland Greenstone Belt of northern Finland . The Katajavaara and Aakenus projects lie immediately adjacent to [...]
Capella Minerals Ltd. is pleased to provide the following update on auger drilling and regional reconnaissance activities on its 100%-owned Southern Gold Line Project in northern Sweden. Auger drilling is currently focused on the southernmost Rötjärnen claim , where geochemical vectors are being utilized to determine the source of gold-bearing [...]
Capella Minerals Ltd. is pleased to provide the following update on ongoing exploration activities at its 100%-owned Kjøli high-grade copper project in central Norway. Field activities are currently focused on the definition of specific drill locations within the 14 CARDS AI targets identified along strike from the former Kjøli copper mine [...]
Capella Minerals Ltd. is pleased to advise that a further 96km2 of exploration concessions have been staked immediately adjacent to the existing Kjøli claim block, in order to cover 11 new high-grade copper-zinc targets that were identified through the CARDS Artificial Intelligence analysis. These new targets are in addition to the 13 copper-zinc [...]
