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Capella Provides Exploration Update on Canadian Gold Joint Ventures
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VANCOUVER, BC, Jan. 28, 2021 /PRNewswire/ - Capella Minerals Ltd. (TSXV: CMIL) (FRA: N7D2) (the Company or Capella ) is pleased to provide the following update on recent exploration and drill targeting activities at the Savant Lake Gold Project ( Savant Lake ) in NW Ontario, and the Domain Gold Project ( Domain ) in Manitoba. Savant Lake is a Joint Venture ( JV ) between Capella and Ethos Gold Corp. (TSXV: ECC)( Ethos ) in which Ethos is earning-in to a direct 70% interest in the project through annual cash and share payments to Capella and work commitments totalling CAD2M. Domain is a JV between Capella and Yamana Gold Inc. (TSX: YRI) (NYSE: AUY) ( Yamana ) in which Capella holds a participating 29.6% interest (Figure 1).