# Capella Minerals Receives Drill Permits for Hessjøgruva Copper Project, Central Norway, and Provides Update on Tümad Joint Venture

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/capella-minerals-receives-drill-permits-for-hessj-gruva-copper-project-central-n--98e9c6aa-c407-4080-95c3-4b7156d82a21

Original source: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1302-tsx-venture/cmil/211989-capella-receives-drill-permits-for-hessjogruva-copper-project-central-norway-and-provides-update-on-tuemad-joint-venture.html

Publisher: jmn

Original announcement: 2026-09-29T00:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-29T15:52:41.879Z

Atlas analysis updated: 2026-09-29T15:52:41.879Z

- Company: Capella Minerals Ltd.

- Ticker: CMIL

- Exchange: TSXV

- Region: Central Norway

- Primary commodity: Copper

- Secondary commodities: Cobalt, Zinc, Gold

- Document categories: Drill results, Permitting

- Extracted: 2026-09-29 15:52:42 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Capella Minerals has received diamond drill permits for its Hessjøgruva copper-cobalt-zinc VMS project in Central Norway, aiming for a maiden NI 43-101 resource estimate. The company also reported results from the Killerö W reconnaissance program in Finland, which intersected up to 0.98% Cu but returned no significant gold, resulting in the JV partner electing not to continue Phase II in Northern Finland.

Reasoning: The announcement contains two distinct pieces of news: the positive receipt of drill permits for a VMS project in Norway, and the completion of a reconnaissance program in Finland that returned disappointing gold grades, leading to a JV partner exit from that specific region.

- Positive factor: Drill permits received for Hessjøgruva project

- Positive factor: High-grade copper intercept of 0.98% Cu reported at Killerö W

- Positive factor: QA/QC protocols clearly disclosed

- Negative factor: Low gold values returned from Killerö W and Killerö E drilling

- Negative factor: Tümad JV partner electing not to proceed to Phase II in Northern Finland

Facts used in scoring: 2

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release details specific QA/QC methods including standards, duplicates, and blanks, and names ALS Laboratories.

Evidence · text

> Internal controls of analytical results were provided by a mix of Certified Reference Materials \(standards\), duplicates, and blanks

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The Hessjøgruva program contemplates follow-up drilling for further infill at Lens A.

Evidence · text

> follow-up drilling expected at Lens A \(further infill and potential extensions\)

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Drill Results (2)

### KW-002

[Link to this fact](https://atlas-staging.minestarters.com/news/capella-minerals-receives-drill-permits-for-hessj-gruva-copper-project-central-n--98e9c6aa-c407-4080-95c3-4b7156d82a21#fact-drill-facts-0)

Killerö W · copper

#### Identity

- Hole ID: KW-002
- Project: Killerö W
- Commodity: copper
- Region: finland
- Reported Region: finland
- Ticker: CMIL

#### Geometry

- Grade: 0.98
- Grade Unit: %
- Intercept: 1 m
- From: 211.4 m
- To: 212.4 m
- Intercept Depth: 211.4 m

#### Classification

- Sample Type: drill
- Group ID: KW-002:211.4-212.4

#### Location

- CRS: WGS84/UTM Zone 35N

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The intercept represents the maximum copper grade reported in the reconnaissance drilling.

- Positive factor: 0.98% Cu is a notable intercept for a reconnaissance program

Evidence · text

> Maximum copper grades returned were 0.98% Cu over 1.0m \(211.4-212.4m in KW-002\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Hessjøgruva \(Norway\) Project Highlights Hessjøgruva is an advanced exploration-stage Cu-Co-Zn VMS project on which 12,03"

### KW-001

[Link to this fact](https://atlas-staging.minestarters.com/news/capella-minerals-receives-drill-permits-for-hessj-gruva-copper-project-central-n--98e9c6aa-c407-4080-95c3-4b7156d82a21#fact-drill-facts-1)

Killerö W · gold

#### Identity

- Hole ID: KW-001
- Project: Killerö W
- Commodity: gold
- Region: finland
- Reported Region: finland
- Ticker: CMIL

#### Geometry

- Grade: 0
- Grade Unit: g/t

#### Classification

- Sample Type: drill

#### Location

- CRS: WGS84/UTM Zone 35N

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The drilling failed to intersect significant gold mineralization, which was the primary target.

- Negative factor: No significant gold values returned

Evidence · text

> no significant values were returned for gold

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Hessjøgruva \(Norway\) Project Highlights Hessjøgruva is an advanced exploration-stage Cu-Co-Zn VMS project on which 12,03"

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
