Northwire Canada EditionTuesday, September 22, 2026
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GOLD 4383.90 −0.9% SILVER 66.53 −0.9% COPPER 6.79 +1.5% OIL 92.37 −3.9% PALLADIUM 1319.50 +0.0% MSC 0.020 +0.0% BRON 0.050 +0.0% ELD 59.44 −1.4% GBML 0.220 +0.0% SUM 1.59 +0.0% ABC 0.015 +0.0% ELE 30.45 +2.2% CDE 27.46 −0.7% LIB 0.990 +1.0% SLVR 1.17 +0.0% NVO 0.075 −6.2% BRO 0.235 +2.2% FMAN 0.415 +0.0% HVG 0.050 +0.0% MSV 0.540 +16.1% SCD 0.185 −2.6% GOLD 4383.90 −0.9% SILVER 66.53 −0.9% COPPER 6.79 +1.5% OIL 92.37 −3.9% PALLADIUM 1319.50 +0.0% MSC 0.020 +0.0% BRON 0.050 +0.0% ELD 59.44 −1.4% GBML 0.220 +0.0% SUM 1.59 +0.0% ABC 0.015 +0.0% ELE 30.45 +2.2% CDE 27.46 −0.7% LIB 0.990 +1.0% SLVR 1.17 +0.0% NVO 0.075 −6.2% BRO 0.235 +2.2% FMAN 0.415 +0.0% HVG 0.050 +0.0% MSV 0.540 +16.1% SCD 0.185 −2.6%
Drill Results Routine +

Capella Intersects Copper-Rich Massive Sulfide Mineralization in Vein Zones at the Killero E Project, Northern Finland

Capella’s maiden drill results at Killero E deliver narrow copper-gold intercepts, setting the stage for a planned summer expansion program.

By The Northwire Desk — AI Analysis Jun 24, 2026 · 09:56 CMIL · 0.07 Capella Minerals Limited
Executive Summary
  • Capella Minerals reported assay results from its maiden diamond drill program at the Killero E copper-gold project in Northern Finland.
  • The program completed 2,008m across 9 holes under the Tümad earn-in Joint Venture.
  • Significant intercepts include 0.76m @ 3.7% Cu + 19.6 g/t Ag, 0.55m @ 0.6% Cu + 5 g/t Ag, and 0.70m @ 1.5% Cu + 7 g/t Ag.
  • A broader Zn-Cu-Ag intercept of 5m @ 0.4% Zn + 0.2% Cu + 2 g/t Ag was also reported.
  • True thickness is estimated at ~80% of downhole thickness due to steeply dipping structures.
  • Upcoming activities include drilling at Killero W by June 30, 2026, and permitting for an 8,000m program at Hessjogruva in Norway.
Material Impact
  • The results represent the first pass of the 12,000m Tümad JV drilling commitment.
  • Intercepts are high-grade but notably narrow (sub-meter to 5m), which is typical for early-stage vein systems but limits immediate economic modeling.
  • The results validate the historical Base of Till anomalies and the regional Killero Fault/Shear Zone potential.
  • No new financial commitments or capital raises are announced; the program is funded under the existing JV.
  • The news is expected and incremental, confirming geological continuity rather than delivering a resource definition or major expansion.
CMIL · Price
Company Overview
  • Capella Minerals Ltd. is an exploration-stage company focused on European gold and copper projects.
  • Flagship projects include Killero E (Finland) and Hessjogruva (Norway), both under a strategic earn-in Joint Venture with Turkish miner Tümad Madencilik.
  • The company also holds interests in the Solana IOCG project in Spain and the Løkken VMS project in Norway.
  • Management is led by CEO Eric Roth, with a background in major mining acquisitions.
Read the original news release →

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