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 boulders identified on surface, whilst prioritization of the remainder of the [...]
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 . Historical copper grades in the old Kjøli mine were reported to be 2.9% Cu1 [...]
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 targets and 11 gold-silver targets already identified within the original [...]
Capella Minerals Ltd. is pleased to report the results of the CARDS Artificial Intelligence and Data Mining analysis undertaken by Windfall Geotek on the Company's 100% owned Kjøli high-grade massive sulfide project in central Norway. Kjøli is a 150 square kilometre brownfields/greenfields exploration project located within the northern extension of the past-producing Røros copper mining district. Highlights The CARDS AI [...]
Capella Minerals Ltd. is pleased to advise that it has filed an independent National Instrument 43-101 technical report on the Company's Løkken copper-rich massive sulfide project, central Norway. This technical report provides a detailed review of the known high-grade copper targets that surround the former Løkken copper mining operations, and which will form the focus of the Company's 2021 exploration activities . A [...]
Capella Minerals Ltd. is pleased to advise that an auger till sampling program is now underway on the Rötjärnen claim block, which lies at the southern end of the Company's Southern Gold Line Project, Sweden. The primary aim of this till sampling program is to provide geochemical vectors towards potential sources for the gold-mineralized boulders identified on surface at Rötjärnen. Planning is also well advanced for the [...]
Capella Minerals Ltd. is pleased to provide the following update on recent exploration and drill targeting activities at the Savant Lake Gold Project in NW Ontario, and the Domain Gold Project in Manitoba. Savant Lake is a Joint Venture between Capella and Ethos Gold Corp. in which Ethos is earning-in to a direct 70% interest in the project through annual cash and share payments to Capella and work commitments totalling [...]
Capella Minerals Ltd. is pleased to advise that, further to the Company's news release of January 7, 2021, the Company has now completed and closed the sale of its 100% interest in its Argentine subsidiary, Minera Mariana Argentina S.A., to Cerrado Gold Inc. Minera Mariana is the owner of the Las Calandrias and Los Cisnes gold-silver projects, in addition to a portfolio of exploration concessions located in the Eastern [...]
Capella Minerals Ltd. is pleased to provide the following update on drill target generation activities being undertaken on its high-grade Kjøli copper project in central Norway. The Kjøli property lies in the northern part of the Røros mining district, which saw copper production from a number of high-grade massive sulfide deposits from the mid-1600's until the mid-1980's. Kjøli represents a district-scale [...]
Capella Minerals Ltd. is pleased to announce that, further to its News Release dated October 28, 2020, it has entered into a Share Purchase Agreement with Cerrado Gold Inc. pursuant to which Capella will sell its 100% interest in its Argentine subsidiary, Minera Mariana Argentina, to Cerrado. Minera Mariana is the owner of the Las Calandrias and Los Cisnes gold-silver projects, in addition to a portfolio of exploration [...]
New Dimension Resources is pleased to announce that, after having received regulatory acceptance, the following Corporate changes will take effect at market open on Tuesday, November 10, 2020. Change of Name and New Trading Symbol: The Company will change its name to Capella Minerals Limited and will commence trading under its new name and stock trading symbol TSX.V-CMIL. The Company has no plans to change its current [...]
TSX-V: NDR New Dimension Resources Ltd. is pleased to announce that it has entered in to a Binding Letter of Intent with Cerrado Gold Inc. for the sale of its 100% interest in its Argentine subsidiary, Minera Mariana Argentina S.A. . Minera Mariana is owner of the Las Calandrias and Los Cisnes gold-silver projects, in addition to an extensive portfolio of exploration concessions in the Eastern Deseado Massif, Santa Cruz [...]