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Cover for Capella Minerals - Strategic Exploration Partnership in Finland and Norway

Capella Minerals - Strategic Exploration Partnership in Finland and Norway

June 08, 2025
  • Company
KEReport
By KEReport
KEReport

In this company update, we welcome back Eric Roth, President and CEO of Capella Minerals (TSX.V:CMIL - OTCQB:CMILF), to discuss a major new exploration agreement advancing their gold and copper projects in Norway and Finland.

Capella has signed a multi-stage earn-in deal with Turkish gold producer Tümad Madencilik, a company with 200,000 ounces of annual gold production and ambitions to expand internationally. The agreement could see up to US$12 million in exploration expenditures across Capella’s Scandinavian assets, without any corporate-level dilution.

Eric explains:

  • How the relationship with Tümad developed from his previous success with Mariana Resources and the Hot Maden discovery.
  • The three-stage earn-in structure, with Tumad able to earn up to 51% by funding exploration work.
  • Immediate exploration plans for summer 2025, including drill programs at the Hessjøgruva copper project in Norway and the gold-copper targets in Finland.
  • The flexibility for potential future acquisitions and Tümad’s appetite for additional projects.

If you have any follow up questions for Eric please email me at Fleck@kereport.com.

Click here to visit the Capella Minerals website to learn more about the Company.

KEReport
KEReport
The KE Report provides exclusive interviews with private money managers and sub $10 billion market cap companies. Interviews are published daily to help investors navigate the markets.
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