en.Wedoany.com Reported - Capella Minerals Ltd (TSXV: CMIL) has announced the results of its first diamond drilling program at the Killero E copper-gold project in the Central Lapland Greenstone Belt, northern Finland. The project is one of five copper-gold projects in northern Finland under the Capella-Tümad Madencilik Sanayi Ve Ticaret A.S. (Tümad) joint venture, with the initial evaluation completing 2,008.20 meters of diamond drilling across nine holes (eight completed, one abandoned).
The Capella-Tümad joint venture projects are located approximately 40 kilometers southwest of the producing Kittilä Gold Mine, operated by Agnico Eagle Mines Ltd (Agnico; TSX: AEM). Following Agnico's successful acquisition of Rupert Resources Ltd (TSX: RUP) on June 16, 2026, all five projects are now surrounded by Agnico.
Eric Roth, President and CEO of Capella, stated that the drilling program provided an initial understanding of the geology and mineralization types underlying the historical BoT anomaly zone at Killero E. Company data reviews are ongoing, focusing on identifying vectors that may point to copper-silver and gold deposits within the project area and along the regional-scale Killero Fault/Shear Zone strike extension. Despite operational and logistical challenges, and longer-than-expected assay turnaround times, the program has laid the groundwork for follow-up work. Hole KE-004 was not completed due to a mechanical failure of the drill rig, and the planned total meterage was accordingly updated to 2,008.20 meters (previously misstated as 1,946.85 meters in the company's March 24, 2026, press release). Coordinate datum is WGS84/UTM Zone 35N.
A rigorous quality assurance/quality control (QA/QC) program was implemented for the Killero E drill holes to comply with NI 43-101 standards. Drill core samples were of HQ size (for KE-001 and KE-001A) or NQ size (for KE-001B to KE-007), and were logged, photographed, and marked at the dedicated GeoPool facility in Sodankylä. Sampling was conducted at the facility using a diamond saw, splitting the core in half, with one half sent for analysis and the other retained. Sample lengths varied based on geology, from less than one meter in mineralized intervals to two meters in unmineralized intervals. Analytical samples were sealed and sent to the ALS laboratory in Sodankylä for preparation: all samples were dried and crushed to 70% passing 2 mm, then a 250-gram representative sample was further pulverized to 85% passing 75 microns (code PREP-31Y). All pulps were subsequently analyzed for gold (Au) (30-gram fire assay, atomic absorption (AA) finish; code Au-AA23) and a 34-element suite (4-acid digestion, inductively coupled plasma-atomic emission spectrometry/mass spectrometry (ICP-AES/MS) finish; code ME-ICP61). Overlimit analysis for copper (Cu) was automatically performed using the (+)-OG62 analytical technique. Internal controls were implemented through a combination of standard reference materials, duplicates, and blanks inserted into the analytical sequence by Capella/Tümad and ALS.
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