July 19, 2024

CAPELLA MINERALS expands footprints in Hessjøgruva District

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Canada based Capella Minerals reportedly said that it has expanded its mineral claim holdings in the Hessjøgruva district through the granting of 20 square kilometres of exploration claims over the past-producing Kongensgruve district. The central portion of the Kongensgruve claim block lies approximately 6km east of the Company’s 100%-owned Hessjøgruva project, contains a series of known copper-zinc-cobalt occurrences (including Oakland, Jells, Kongensgruve, and Mugger), and also covers the site of a former mineral processing plant and tailings dam. Apparently, these granted claims are 100% owned by Capella and are not subject to any underlying exploration agreements.

Capella’s granted exploration claims and claim applications in the Kongensgruve area. Source

A further application for 25 sq. km of exploration claims has been made over open ground located immediately to the south-southwest of the main Kongensgruve claim block and is currently awaiting approval.

Eric Roth, Cappella’s President and CEO, commented: “I am pleased to be confirming that Capella has been able to expand its exploration footprint in the Lessor district through the staking of new claims over known copper-zinc-cobalt occurrences in the Kongensgruve area. We expect to be able to advance exploration on key targets at Kongensgruve in tandem with our ongoing evaluation of the adjacent Hessjøgruva project. I look forward to keeping the market updated on progress at Kongensgruve.”

Source 

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