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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