The Nevada Property of Capella Resources Is Approximately 700 Kilometers Northwest Of Santiago, Chile

The Nevada Gold-Copper project is a 100% owned property of Capella Resources and is located on the Maricunga Gold Belt in the Republic of Chile. It is a 1900 hectare landholding which is situated approximately 700 kilometers to the northwest of Santiago, Chile. The exploration work completed by the company at the project site includes Ground Magnetic surveys, historical compilation, Induced Polarization ("IP") and a detailed hyperspectral remote sensing study. Recently conducted magnetic surveys and IP have outlined a half kilometer-diameter circular magnetic anomaly and hydrothermal alteration target in the western area of the claims group.

The results of a detailed remote sensing study indicate an establishment of a two kilometer-diameter intensely altered high priority target zone to the east and northeast of the magnetic high and a 2000 meter drilling program has also been planned for this zone. The Nevada Gold-Copper project of
Capella Resources is strategically located between the Exeter Resource Corporation's Caspiche Project and Kinross Gold's Maricunga Mine. Kinross Gold's Maricunga Mine is said to host a gold resource of over 6 million ounces while, the Exeter resource has recently reported a diamond drill intersection (CSD-016) of 627 meters of 1.1 g/t Au and 0.43% Cu. This has helped the nearby Caspiche to become a major gold-copper discovery at a distance of three kilometers from the Nevada property.

The process of gold enrichment on the Nevada property of Capella Resources is hydrothermal and is associated with a massive 200mX400m breccia body with vuggy silica alteration that has intruded dacitic volcanic rocks. The Gold mineralization process at Nevada is consistent with high sulphidation gold systems like Veladero, Pierina and Yanacocha. Being a near surface gold deposit it provides excellent potential for the company. For more information on the Nevada Gold-Copper project and other precious and base metal projects of the Capella Resources, please browse through
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Tinton Gold Project Of Capella Resources Ltd. And Capella Resources Is Located 15 Kilometers West-Northwest Of Homestake Mine

Tinton Gold Project of Capella Resources Ltd and Capella Resources is a 1270 hectare landholding which is contained in 157 unpatented mining claims. It is a 100% owned property of the company. The Tinton gold property is located 15 kilometers west-northwest of the famous and historic Homestake Mine in Black Hills at Lead which has been exploring the Tinton Area since the 1940. The Northern Black Hills are intersected by two major plate scale structures and gold production of over 45 million troy ounces has been realized at their intersection. The gold mineralization process at the Homestake Mine is hosted within plunging synclinal fold structures of the Early Proterozoic Homestake Iron Formation associated with extensive ductile shearing.

According to the geologists of Capella Resource Ltd and Capella Resources there are evidences that a blind Homestake-style deposit with 40 million ounce potential is situated under Paleozoic cover in the area of the Capella claims group on the east side of the Tinton Dome. Work performed on the Tinton property includes a regional gravity survey, systematic sampling for gold of the Eocambrian outcrops, and two deep core holes (WR-93-1 and WR-94-2) spaced approximately 7km apart.

In 2006 Brain Cole, P. Geo completed an independent review of the Tinton Gold Project on behalf of Capella Resources Ltd. and Capella Resources He analyzed 16 contiguous chip samples taken from the nearby adit that contained anomalous gold in basal Deadwood sandstone. Out of 16 samples 14 were from sandstone and 2 from an Eocene-age intrusive sill. His analysis showed that nine out of fourteen samples in sandstone contained gold values more than 100ppb. Capella Resources Ltd. and Capella Resources has also received drilling permits for its Tinton property and a 2000 meter hole is expected to be drilled to the east of the adit. For more information on Capella Resources Ltd and Capella Resources, please browse through http://www.capellaresourcesusa.com

The Nevada Property of Capella Resources Is Located On The Maricunga Gold Belt

The Nevada Gold-Copper project of Capella Resources is located on the Maricunga Gold Belt, Republic of Chile. It is 100% owned property of the company and comprises seven claims for a 1900 hectare landholding. It is approximately 700 kilometers northwest of Santiago, Chile and is strategically located between Exeter Resource Corporation's Caspiche Project and Kinross Gold's Maricunga Mine. The Kinross Gold's Maricunga Mine is reported to host a gold resource of over 6 million ounces while, the Exeter has recently reported a diamond drill intersection (CSD-016) of 627 meters of 1.1 g/t Au and 0.43% Cu, making the nearby Caspiche as a major gold-copper discovery which is three kilometers away from the Nevada property.

The exploration work completed by Capella resources on the Nevada property includes an historical compilation of available geological and geophysical data, Induced Polarization ("IP") and Ground Magnetic surveys, geochemical sampling and a detailed hyperspectral remote sensing study. Results of a recently conducted IP and Magnetic surveys have outlined a half kilometer-diameter circular magnetic high in the western area of the claims group. While, the results of the detailed remote sensing study indicate an establishment of a two kilometer-diameter intensely altered zone to the immediate east of the magnetic high. This zone is said to be the newly discovered high priority target area at Nevada.

Gold enrichment on the Nevada property is hydrothermal in origin. It is associated with a massive 200mX400m breccia body with vuggy silica alteration that has intruded dacitic volcanic rocks. Moreover, Gold mineralization at Nevada is consistent with high sulphidation gold systems like Veladero, Pierina and Yanacocha and provides excellent potential for Capella Resources as a near surface gold-copper deposit. For more information on the Nevada Gold-Copper project and other precious and base metal projects of the company, please browse through
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Harvey Project Of Capella Resources Is Located In The Western New Brunswick Claim Block

The Harvey Project of Capella Resources is located in the western New Brunswick claim block, which is a group of 427 mineral claims covering more than 1100 hectares, and is situated in the margins of the Carboniferous basin. The claims block follows a general strike of low-lying ridges that contain sandstones, conglomerates, volcanogenic sediments, and felsic pyroclastic rocks. According to the data available, this area is said to host uranium mineralization, and a considerable concentration of uranium has also been reported in the geochemical data which makes this area a favourable site for large-scale mineralization of various metallic deposits.

The geologists of Capella Resources analyzed the company's 2007 airborne radiometric and magnetic survey data and identified six geophysical anomalies extending over a two-kilometer strike length. The company dispatched a ground reconnaissance team to anomalous areas where they discovered surface outcrops measuring between 5,000 and 8,000 counts per second (cps), and one outcrop registering 40,000 cps and reading 1,475 ppm Uranium on a hand-held scintillometer. Immediately after this, a Phase I diamond drilling program was started to test the first high priority target.

By November 2007, the company completed drilling 10 holes out of which the first six holes encountered substantial amounts of Uranium enrichment localized in cross cutting structures in a complex and continuous alteration zone. The Geophysical data indicates permissive areas for mineralization due to which Capella Resources continues to analyze airborne geophysical data supported by in-field ground verification on all New Brunswick claims in order to reduce claim holdings. New Brunswick land position of the company also includes the Central and Eastern claims groups which are presently being evaluated for their feasibility and future exploration. For more information on the precious and base metal projects of the company, please browse through
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Capella Resources Ltd. Has Encountered A Zone Of Continuous Gold Mineralization

Capella Resources Ltd. is a publically traded exploration and mineral development company and has a strong portfolio precious and base metal projects in Chile. The company has 100% ownership of Lajitas Gold-Copper Project which is located among the established resources on the Maricunga Gold Belt in Northern Chile. The Lajitas property owned by Capella Resources Ltd. consists of 1600 hectares of exploration and exploitation claims. A zone of continuous gold mineralization located 50 meters north of the Santa Fe Historic resource has been encountered by the company. Drilling program at Lajitas Gold-Copper Project has been initiated by Capella and since origination, four drill holes namely LJ09012r, LJ09013r, LJ09014 and LJ10015r, have been completed at the project site.

LJ10015r was drilled to the east at an angle of -60 degrees using reverse circulation techniques, and it intersected 318m at 0.68 grams per metric ton gold (0.02 oz/t) over the entire length of the 318m drill hole which includes 140m (459 ft) at 1.02 g/t gold (0.033 oz/t). Gold mineralization in this hole is oxide which is positive with regard to metallurgical processing but the impact of drilling in this hole is yet to be determined. While the drill holes LJ09012r, LJ09013r and LJ0914r are located 350m east, 400m east-northeast, 450m northeast, respectively of the Santa Fe resource area. The drill hole LJ09012, drilled towards northeast has intersected a new zone of gold mineralization of 74m at 0.11 g/t gold while, drill hole LJ09013r is also drilled to the northeast but has not observed any gold mineralization yet. The drill hole LJ09014r has intersected anomalous gold (8m at 0.08 g/t) at the bottom of the hole, and it represents the edge of the extreme northern extension of the Santa Fe zone.

To know more about the Lajitas Gold-copper project and various other projects of Capella Resources Ltd., please browse through
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Tinton Gold Project Of Capella Resources Is 15 Kilometers From The Famous Homestake Mine

The Tinton Gold project is 100% owned by Capella Resources. It is located 15 kilometers west-northwest of the famous and historic Homestake Mine in Black Hills at Lead, South Dakota. Capella Resources' Tinton property has 1270 hectares of landholdings in 157 unpatented mining claims. The Northern Black Hills, where the property is located, are intersected by 2 major plate scale structures which produce over 45 million troy ounces of gold. The gold mineralization process at the Homestake Mine is hosted within plunging synclinal fold structures of the Early Proterozoic Homestake Iron Formation associated with extensive ductile shearing and is subject to upper greenschist to lower amphibolites facies metamorphism.

According to the geologists of Capella Resources, there are certain evidences which show that a blind Homestake-style deposit with 40 million ounce potential is situated under Paleozoic cover in the area of the Capella's claims group on the east side of the Tinton Dome. The Tinton area is being explored by the Homestake Mining Company since 1940's. Work performed in this area includes a regional gravity survey, systematic sampling for gold of the Eocambrian outcrops, and two deep core holes spaced approximately 7km apart (WR-93-1 and WR-94-2).

Brian Cole, P. Geo. completed an independent review of the Tinton Gold Project in 2006 on behalf of Capella Resources. He sampled the nearby adit, which contains anomalous gold in basal Deadwood sandstone. A total of 16 contiguous chip samples were taken from the adit wall, which comprised of 14 in sandstone and two from an Eocene-age intrusive sill. As per the analysis, nine of the fourteen samples in sandstone carried gold values more than 10ppb.
Capella has also received the drilling permits for the Tinton property where a 2,000 meter hole is expected to be drilled in the east of the adit. To know more about Capella Resources, please browse through http://www.capellaresources.com

Highlights Of Gold-Copper Projects Of Capella Resources Ltd.

Capella Resources Ltd. is a Canada based junior exploration and mineral development company with active exploration operations across Chile, USA and Atlantic Canada. It is a publically traded company (TSX-V) with a strong portfolio of projects based on precious metals, base metals and rare earth elements. The company has a 100% ownership in the Gold-Copper Projects like the Lajitas Gold-Copper Project, Nevada Gold-Copper Project and Tinton gold Project. The Lajitas Gold-Copper Project of the company is located within the Maricunga Gold Belt in Northern Chile and consists of 1600 hectares of exploration and exploitation claims.

The Nevada Gold-Copper project is strategically located between the Kinross Gold's Maricunga or Refugio Mine and the Exeter Resource's Caspiche Project in the Maricunga Gold Belt, Northern Chile. This project is a 1900 hectare landholding of Capella Resources Ltd. The exploration work completed by the experts of the company on both the projects includes historical compilation, Induced Polarization (IP) and ground magnetic survey, and a detailed multi spectral remote sensing study and 3D Modeling. Capella Resources Ltd. has also been working on the Tinton Gold Project. This project is located 15 kilometers west-northwest of the famous and historic Homestake Mine in Black Hills at Lead, South Dakota. The Tinton property is contained in 157 unpatented mining claims and is a 1270 hectare landholding of the company.

The Maricunga Gold Belt hosts 14 major prospects which include three operating mines and two substantial idle deposits. This Gold-Copper Belt is approximately 150 kilometers long and 30 kilometers wide and comprises of a NNE trending chain of andesitic to dacitic volcanoes. It hosts a series of epithermal high sulphidation and porphyry-style gold-silver-copper deposits like La Coipa, Refugio, Aldebaran, La Pepa, Soledad, Pantanillo, Lobo, Escondido, and Marte. For more information on Capella Resources Ltd., please browse through http://www.capellaresources.com

Capella Resources Has Nickel-Copper Properties In Labrador, Atlantic Canada

Capella Resources is a Canada based junior exploration and mining development company. The company holds an extensive land position in the areas of Newfoundland and Labrador. It has over 2,900 mineral claims covering more than 74,000 hectares of land, and has been actively exploring for nickel, copper, chromium, titanium and other base metals in the central and south-eastern areas of Labrador. The mineral claims in these areas were included as a part of the airborne geophysical surveys which included magnetics, electromagnetics and radiometrics and were conducted in 2007. While searching for a Voisey's Bay-Style deposit, the Labrador properties identified over 50 Nickel/Copper and other base metal Electro-magnetic ("EM") anomalies. Voisey's Bay is the world's richest nickel-copper-cobalt deposit, found in northern Labrador.

In order to support ground-truthing of geophysical data and cue-in for over 200 permitted drilling targets, Capella Resources set up a forward base of operations in Labrador. A total of 18 of the top ranked EM anomalies were targeted for ground follow-up during 2008. To validate and rank the anomalies in five locations around Snegamook Lake and Wilson Lake in Capella's Central Claims area in Labrador, a team comprising of nine experts was dispatched and a total of 99 surface samples were collected and analyzed. These surface sampling results included peak copper assay values greater than 1%.

While the south-eastern claims group of Labrador consists of an area where the metamorphic suite including hornfels facies, gneiss, paragneiss, amphibolite, dominates geology. Anorthosite and granite have also been reported in this area. Geophysical targeting in this area has thus, resulted in the identification of seven areas of company's interest. For more information on Capella Resources Ltd., please browse through http://www.capellaresources.com