Capella Minerals announced the signing of a definitive agreement with Hilo Mining regarding its Central Finland Lithium portfolio. The portfolio contains five large lithium and rare earth reservations in central Finland, south of Keliber’s mine development projects. Under the earn-in agreement, Hilo Mining can acquire up to 80% in the project for total expenditures of 2.5 Mio CAD over a 4-year period.
Location of Capella’s Lithium reservations in the Järvi-Pohjanmaa lithium tract (Source: www.capellaminerals.com)
