Capella Completes 2,008-Metre Drilling at Killero E Copper-Gold Project in Finland
2026-06-25 16:47
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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. The initial evaluation comprised a total of 2,008.20 metres of diamond drilling across nine holes (eight completed, one abandoned).

The Capella-Tümad joint venture projects are located approximately 40 kilometres southwest of Agnico Eagle Mines Ltd's (Agnico; TSX: AEM) producing Kittilä gold mine. 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 mineralisation types underlying the historical BoT anomaly zone at Killero E. The company's data review is ongoing, focusing on identifying vectors potentially pointing 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 metreage was accordingly updated to 2,008.20 metres (previously misstated as 1,946.85 metres in the company's March 24, 2026 news 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). Logging, photography, and marking were conducted at the dedicated GeoPool facility in Sodankylä. Sampling was performed at the same facility using a diamond saw, splitting the core in half; one half was sent for analysis, and the other half was retained. Sample lengths varied based on geology, ranging from less than one metre for mineralised intervals to two metres for unmineralised intervals. Analytical samples were sealed and dispatched 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 pulverised to 85% passing 75 microns (code PREP-31Y). All pulps were subsequently analysed for gold (Au) (30-gram fire assay, atomic absorption (AA) finish; code Au-AA23) and a 34-element suite (four-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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