Northwire Canada EditionFriday, July 10, 2026
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TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
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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