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  4. Capella Minerals Ltd. (CMILD) Message Board

Yamana news out and it mentions Capella Minerals.

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Post# of 30
(Total Views: 253)
Posted On: 12/03/2020 11:56:40 AM
Posted By: ChadPimm
Yamana news out and it mentions Capella Minerals. Drilling will start early 2021. See below:

https://www.globenewswire.com/news-release/20...and-A.html

The Domain project, located near Oxford Lake in northeastern Manitoba, is a large 20,000-hectare property package consisting of two unexplored mineral exploration licences 100%-controlled by Yamana, and three smaller claims held under a joint venture agreement with Capella Minerals Ltd. The property is considered to be highly prospective for iron formation-hosted gold deposits and has returned a number of drill intercepts with significant gold grades from a limited area of drilling within the joint venture claims. The larger land package has magnetic anomalies and limited arsenic-in-till anomalies that indicate potential targets for further iron formation-hosted gold as well as shear zone type gold targets.

In July 2020, Yamana entered into an Exploration Agreement with Bunibonibee Cree Nation to develop a cooperative and mutually beneficial relationship relating to mineral exploration within the Traditional Territory of Bunibonibee Cree Nation. Yamana is in the planning stages of a work program for the property, and pending conclusion of community consultation and permitting, exploration work is anticipated to begin in early 2021.


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