Capella Resources Ltd

Description

Capella Resources Limited (TSX.V:KPS; U.S. Symbol: CVPLF) is a publicly traded, exploration and mineral development company with a strong portfolio of projects focused on precious metals (gold) and base metals (copper, nickel, lead, zinc). Current record high gold pricing and strong price fundamentals for base metals over long-term led by China and India's growing demand are strong incentives for the Corporation's aggressive exploration and development of their properties in 2007 and 2008. Capella believes in identifying and advancing economic mineral discoveries to create maximum value for our shareholders. Capella's Lajitas and Nevada gold-copper properties are located in the Maricunga Gold-Copper District of northern Chile. The Maricunga Gold Belt hosts world-renown deposits such as Marte-Lobo, Refugio, La Coipa, Cerro Cassale, El Hueso / ADLF / Jeronimo, La Pepa, and Volcan with combined gold resources in the order of 43 million ounces. Capella's properties, neighbouring these established resources, are poised for the planned 2008/2009 aggressive drilling campaign.

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