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Capella Expands Battery Metal Focus with Acquisition of Lithium and REE Project Portfolio in Finland

Capella Provides Exploration Update on Canadian Gold Joint Ventures

Capella Provides Exploration Update on Canadian Gold Joint Ventures News provided by Share this article Share this article 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).

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