Capella Minerals Begins Reconnaissance Diamond Drill Program at the Killero W Gold-Copper Project

Capella Minerals (CMIL.V) has started a reconnaissance diamond drill program at the Killero W gold-copper project in the Central Lapland Greenstone Belt, Northern Finland, it said Friday. Drilling will be done in two initial target areas, PKW-1 and PKW-2, said the company. "The initial focus will be on two gold-copper targets which are defined by coincident Base of Till anomalies, favourable host rocks, and highly prospective cross cutting structural corridors," said Capella CEO Eric Roth. "Further potential also exists for the definition of additional target areas outside of these core areas. I look forward to keeping the market updated as we advance with drill testing at Killero W." Capella currently owns an 80% interest in the five Northern Finland projects, which includes Killero E, Killero W, Jolhikko, Seiseunselka, Saattopora W, it said. The company also completed four reconnaissance Base of Till (BoT) and Top of Bedrock (ToB) survey lines over the Jolhikko and Seisunselka gold targets in Northern Finland, and samples were sent for analysis, added Capella. The company's shares were last seen unchanged at C$0.075 on the TSX Venture Exchange.