Sep 2. 2025 Capella Minerals (TSXV: CMIL) (OTC Pink: CMILF) (FRA: N7D2) announced a major definitive agreement with Tümad Madencilik Sanayi Ve Ticaret A.S. A gold mining company actively pulling 200,000 ounces per annum from two mining operations located in western Türkiye
The agreement outlines mandatory Year 1 work commitments – including the completion of up to 4,000m of drilling on the Northern Finland project and up to 8,000m of drilling on the Norwegian projects for a 30% interest in Capella’s holding in the respective project
Finnish Project
Targeting High-Grade Gold and Base Metal Deposits in the Central Lapland Greenstone Belt 20km away from Agnico Eagle’s 6Moz Kittilä gold mine, known for its high grade and profitability, its one of Agnico’s most profitable mines.
Clear and obvious BoT copper/gold anomalies associated with geophysical anomalies along shear zones
Norwegian Project
Surrounding the Lokken VMS region, an area known for copper rich vms deposits. One targets stand out, the Hessjøgruva-Kongensgruve project with historical intercepts of 14.5m @ 4.35% Cu + 1.3% Zn
Part of the former Roros mining district, the project is well advanced with 12,000m of historical core. Originally acquired in 2022, Capella has expanded on the project area, now with a significant gold producer footing the exploration bill
For more info visit: https://capellaminerals.com/