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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