Northwire Canada EditionMonday, November 9, 2026
Northwire
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
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.

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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