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  • Au: $
  • TSX-V: CMIL
  • OTCQB: CMILF
  • FRA: N7D2

Vaddas-Birtavarre

Capella 100%

Past-producing Cu-Co-rich massive sulfide district in northern Norway

Capella has utilized its extensive in-country experience to successfully stake a series of exploration claims in the past-producing Vaddas-Birtavarre copper-cobalt+/-zinc massive sulfide (“VMS”) district of northern Norway. The Vaddas-Birtavarre district is located in the Finnmark og Troms Province, approximately 60km east of the regional centre of Trømso and due west of the Boliden Minerals AB-Norden Crown (TSXV: NOCR) copper exploration Joint Venture at Burfjord.

To date, Capella has been granted 209 square kilometres (“sq. km”) of exploration claims in the Birtavarre area and a further 216 sq. km in the Vaddas area (Figure 1). These exploration claims are all 100% owned by Capella and are not subject to any underlying exploration agreements.

The Vaddas-Birtavarre district represents, in the Company’s view, the highest potential for new copper-cobalt discoveries in Norway outside of its current focus areas in Trøndelag Province (Hessjøgruva-Kjøli District and Løkken District).

Project Snapshot

Location 60km E of Trømso, Finnmark og Troms Province, northern Norway
Ownership 100% Capella Minerals Ltd.
Status Exploration stage project
Deposit types High-grade Cu-Co-rich VMS deposits
Host Rocks Meta-volcanic and sedimentary sequences
Age Caledonian
Main Economic Elements Copper-Cobalt+/-Zinc
Access All weather paved highways and gravel roads

 

Vaddas-Birtavarre Project - Overview

Figure 1.Capella exploration claims in the Vaddas-Birtavarre district.

The Vaddas-Birtavarre area contains a number of known Caledonian-age semi-massive to massive sulfide deposits which are hosted within different stratigraphic levels: a lowermost greenstone unit (locally pillow basalts) hosts copper-cobalt mineralization at Vaddas, whilst an overlying metasedimentary sequence hosts copper-cobalt mineralization at Birtavarre. The first reported discovery of copper mineralization at Vaddas was in the 1890’s (and at Birtavarre in the 1860’s) with only limited exploration and small-scale mining having been undertaken since the time of discovery. No systematic exploration is reported to have been undertaken in the area since the 1970’s.

Expected 2022/2023 Work Program

Capella field teams completed a late-summer reconnaissance exploration program at Vaddas-Birtavarre, with the primary objective being to prioritize areas for follow-up evaluation during 2023.

The Company’s priority work areas for the remainder of 2022, however, will continue to be at its core portfolio of copper-zinc-cobalt assets in Trøndelag Province.