Northwire Canada EditionWednesday, July 29, 2026
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NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%
Drill Results

Capella Initiates Maiden Diamond Drill Program at the Killero Gold-Copper Project, northern Finland

By The Northwire Desk — AI Analysis Dec 10, 2025 · 14:46 CMIL · 0.095 Capella Minerals Limited
CMIL · Price

Executive Summary

  • Capella Minerals announces the start of its maiden diamond drilling program at the Killerö E gold‑copper target in northern Finland.
  • The initial phase will consist of 11 holes totaling ~2,200 m to test approximately a 1 km strike length of the Base‑of‑Till (BoT) anomaly.
  • Drilling is fully funded under the Tümad Definitive Agreement and will pause for the holiday season (Dec 22 – Jan 2) before resuming on Jan 3, 2026.

Key Details

  • Program Scope: 11 drill holes, ~2,200 m of diamond drilling targeting Killerö E.
  • Target Geology: BoT anomalies with maximum values up to 0.59 % Cu and 145 ppb Au—exceptional for the Central Lapstone Greenstone Belt.
  • Ancillary Targets: Concurrent BoT drilling being evaluated at nearby Jolhikko and Seisunselka targets, which display features of Precambrian orogenic gold systems.
  • Funding: Program is fully funded as part of the Tümad earn‑in agreement announced 2 Sept 2025 (Year 1 commitment includes 12,000 m of drilling across Finnish and Norwegian projects).
  • Schedule: Temporary shutdown Dec 22 2025 – Jan 2 2026; operations resume Jan 3 2026.
  • Ownership Structure: Capella holds an 80 % interest in the Killerö project (acquired via earn‑in from Cullen Resources Ltd, Aug 24 2021).
  • Qualified Person: Technical information approved by Eric Roth, President & CEO, and Qualified Person under NI 43‑101.

Notable Quotes

“I am extremely pleased to be announcing the commencement of core drilling at our Killerö E gold‑copper target in northern Finland… I sincerely look forward to keeping all stakeholders updated as we move forward with drilling at Killerö E.” – Eric Roth, President & CEO, Capella Minerals Ltd.

Read the original news release →

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Drill Results