Capella Resources Initiated A Drilling Program At Lajitas Gold Project, Chile

Capella Resources, an exploration and mineral development company has 100% ownership of Lajitas Gold-Copper Project. This project is located among the established resources on the Maricunga Gold Belt in Northern Chile. The Lajitas property consists of 1600 hectares of exploration and exploitation claims. The Maricunga district mainly contains the deposits of porphyry gold which are mainly found within advanced argillic alteration zones that host high sulphidation epithermal gold deposits. The exploration work completed by the company on Lajitas includes historical compilation, reverse circulation (RC) drilling, detailed remote sensing analysis and 3D modeling.

In March 2008, Capella Resources initiated a Phase I-4000 meter drill program at Lajitas, in order to test the 2 kilometer diameter geophysical anomaly. Due to winter weather conditions, drilling in this area was temporarily suspended in June 2008 and was recommenced in October 2008. This drilling project was mainly initiated to test the IP chargeability anomaly across the mapped and surrounding areas, interpreted as zones of alteration. The main focus of this drilling program is on the four new gold zones which were discovered with the surface sampling of road cuts.

About Capella Resources

Capella Resources is a publicly traded, junior exploration and mineral development company with a strong portfolio of precious and base metal projects in Chile, USA and Atlantic Canada. The Company has a 100% interest in the Lajitas and Nevada gold-copper properties located in the Maricunga Gold and Copper District and approximately 700 kilometers northwest of Santiago, Chile. The properties comprise ten exploration claims and six exploitation claims totaling a cumulative 3,500 hectares in area. The Company holds a 100% interest in the Tinton Gold Project located 15 kilometers west-northwest of the famous and historic Homestake Mine in the Black Hills at Lead, South Dakota. The Tinton property consists of 1,270 hectares contained in 157 unpatented mining claims. The Company also holds 3839 mineral exploration claims covering an aggregate land area of over 71,558 hectares in Atlantic Canada (Nova Scotia, New Brunswick and Newfoundland and Labrador). To know more about Capella Resources, please browse through http://www.capellaresources.com

Capella Resources is a publicly traded, junior exploration and mineral development company with a strong portfolio of precious and base metal projects in Chile, USA and Atlantic Canada.

Capella Resources Inc.
108-F Trider Crescent
Dartmouth, NS
Canada B3B 1R6

This release was published on openPR.