Capella Minerals Ltd. announced that it has been granted an additional exploration permit covering the Killero West copper-gold target within the Company's highly-prospective Central Lapland Greenstone Belt portfolio, Northern Finland. The Killero West permit complements the five exploration permits which were previously granted in May, 2023, including the Killero East permit where exceptional historical Base of Till ("BoT") copper-gold anomalies were generated by Anglo American plc (Figure 1; Company News Release dated May 30, 2023). Capella currently expects scout core drilling of the priority Killero East target to commence in late first quarter, 2024; this drill program would represent the first ever drill testing of the historical BoT copper-gold anomalies.

Capella is also currently evaluating an initial diamond drill program on the Saattopora West target - the northwestern extension to Outokumpu Oy's former Saattopora gold-copper mining operation - during the northern 2024 summer.