Tuesday Aug 20, 2024

Capella Minerals - A Renewed Focus On The Project In Scandinavia, Strategic Partnership With Teako Minerals On The Løkken Copper-Cobalt-Zinc Project

Eric Roth, President and CEO of Capella Minerals (TSX.V:CMIL - OTCQB:CMILF) joins me to discuss the Company’s focus now strictly in Scandinavia on projects in Norway and Finland (in the Lapland Greenstone Belt). Recently Capella has been divesting projects in other parts of the world. 

 

We delve into Capella's recent strategic partnership with Teako Minerals on the Løkken copper-cobalt-zinc ("Cu-Co-Zn") project in Trøndelag, central Norway, where Teako Minerals will acquire a 90% interest. Eric explains the divestment of non-core assets outside Scandinavia and the potential benefits for Capella

 

I also ask about the future focus on the Hessjøgruva asset in Norway and the Northern Finland projects, prioritizing either Hessjøgruva or the Northern Finland targets based on capital and resources. Eric highlights potential new discoveries at the Killero targets, an old Anglo American target in Northern Finland. We conclude with discussions on funding strategies and future work programs.

 

Click here to visit the Capella Minerals website to learn more about the Company. 

 

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