Capella begins base of till sampling in Finland

Executive Summary

• Capella Minerals Ltd. has initiated base of till (BoT) geochemical sampling programs on the Seisunselka and Jolhikko gold targets in northern Finland's central Lapland greenstone belt.
• The programs are fully financed by partner Tumad Madencilik as part of an earn-in agreement and are scheduled for completion by mid-April 2026, with assay results expected in late May 2026.
• Both targets display strong geological indicators for orogenic gold mineralization, with follow-up diamond drilling planned for the summer of 2026 contingent on sampling results.

Key Details

• Target Locations: Seisunselka (14 km northwest of Killero E) and Jolhikko (8 km west-southwest of Killero E) in the central Lapland greenstone belt, northern Finland.
• Program Scope: First-pass base of till (BoT) and top of bedrock geochemical sampling programs.
• Financing Structure: Fully financed by Tumad Madencilik Sanayi Ve Ticaret AS as part of its staged earn-in commitment on Capella's Finnish and Norwegian project portfolio.
• Sampling Timeline: Fieldwork expected to conclude mid-April 2026; assay results anticipated late May 2026.
• Seisunselka Geology: Primary target is orogenic-style gold mineralization hosted in northeast-trending fault/shear zones crosscutting broadly north-south-trending magnetic stratigraphic units (interpreted as deformed, iron-rich tholeiitic volcanic rocks).
• Jolhikko Geology: Primary target is orogenic-style gold mineralization associated with a complex structural zone featuring intense folding and fault/shear zones, hosted in deformed, iron-rich tholeiitic volcanic rocks.
• 2026 Exploration Schedule:
• Complete BoT sampling at Seisunselka and Jolhikko (mid-April 2026)
• Receive full assay results for first-pass Killero E core drill program (April 2026)
• Conduct further diamond drilling at Killero W., Saattopora W., and anomalous areas identified from BoT surveys (Summer 2026)
• Technical Oversight: Qualified Person is Eric Roth, President & CEO, who holds a PhD in economic geology and is a fellow of the Australian Institute of Mining and Metallurgy and the Society of Economic Geologists.

Notable Quotes

• Eric Roth, President & CEO: "Base of till sampling programs are a key element of any exploration program in the central Lapland greenstone belt, with assay results being used to prioritize new targets for follow-up diamond drilling. Our interpretation of the high-resolution drone magnetic data for Seisunselka and Jolhikko indicates that these areas display many characteristics of Precambrian orogenic gold systems, so we are excited to get the BoT programs under way, and, as both Seisunselka and Jolhikko are fully permitted exploration licences, the company will be able to follow up with diamond drilling on any anomalous areas identified through the BoT sampling."