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Kjoli Drilling Update

Capella Minerals provided an update from initial drilling at its Kjoli Copper project in Norway. To date, six holes totaling 1080m have been completed. Remobilized semi-massive chalcopyrite-pyrite mineralization has locally been intersected, especially around the Guldalsgruva prospect. Drill hole KJ-001, planned to test the Kjoli Deeps target deviated significantly. A follow-up DHEM survey confirmed the presence of an off-hole conductor that is expected to be redrilled shortly.

 

KJ-001 drill trace and untested Off-Hole conductor (Source: www.capellaminerals.com)