Advancing Of Gold-Copper Targeting At The Katajavaara-Aakenus Project


VANCOUVER - Capella Minerals Ltd. has completed a 4,000-line km high-resolution drone magnetic survey over the Katajavaara-Aakenus project in northern Finland. Interpretation of the data derived from this survey is well underway, with the Company's focus being the evaluation of potential extensions to Outokumpu Oy's former Saattopora gold-copper mining operation and the significant historical gold-copper Bottom of Till ("BoT") geochemical anomalies generated by AngloAmerican in the Killero area.

The Katajavaara-Aakenus project is located along the Sirkka Thrust, a well-mineralized regional structural corridor that hosts numerous recent discoveries such as Rupert Resources' Ikkari and Aurion Resources' Helmi projects1. Capella currently holds a 70% interest in the Katajavaara-Aakenus Joint Venture (JV), in accordance with the agreement signed with Cullen Resources Ltd.

Eric Roth, President and CEO, commented: "The high-resolution drone magnetic data has greatly improved our understanding of the geological controls on known gold-copper occurrences and "bottom of till" anomalies at Katajavaara-Aakenus. We look forward to completing the interpretation of these data, with a view to then rapidly prioritizing areas for conversion to full exploration licenses and then moving down the path to discovery drilling. I look forward to keeping markets informed on our progress."