Capella Minerals Ltd (TSXV: CMIL) (OTCQB: CMILF) (FRA: N7D2) has received an exploration permit for Killero West and updates on the upcoming maiden drill program at the Killero East Cu-Au target in Northern Finland.
Killero West Permit and Exploration Update
Capella Minerals is set to start its scout core drilling at Killero East, its priority copper-gold site, in late Q1 2024. The Killero West permit, issued in December 2023, supports ongoing exploration efforts. Initial diamond drilling is also being assessed for the Saattopora West target.
Exceptional Copper-Gold Anomalies at Killero East
Historical data from Anglo American plc has shown noteworthy Base of Till copper-gold anomalies at Killero East. These results are bolstered by Capella’s high-definition drone magnetic surveys.
Capella’s Role and Joint Ventures
With a 70% stake in the Northern Finland Copper-Gold project, Capella collaborates with Cullen Resources Ltd under a JV. Capella also maintains interests in other strategic Finnish locations and continues its active pursuit of valuable mineral deposits.
Eric Roth, Capella’s CEO, anticipates the drilling in March 2024 and remains committed to updating stakeholders on the exploration advancements.
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