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  • FRA: N7D2

Vaddas-Birtavarre High-Grade Copper-Cobalt Project

Capella Minerals 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, whilst the Vaddas area consists of 80 sq. km of granted exploration claims and a further 80 sq. km of exploration claim applications awaiting approval (Figure 1).  The granted 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. Granted exploration claims and claim applications 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 Work Program

Capella currently expects to undertake a late-summer 2022 field program at Vaddas-Birtavarre with the primary objective being to prioritize areas for follow-up evaluation during 2023. The Company’s priority work areas during H2, 2022, however, will continue to be at its core portfolio of copper-zinc-cobalt assets in Trøndelag Province.