(Capella Minerals, 15.Mar.2021) — Capella Minerals Ltd. advised that an auger till sampling program is now underway on the Rötjärnen claim block, which lies at the southern end of the company’s Southern Gold Line Project, Sweden. The primary aim of this till sampling program is to provide geochemical vectors towards potential sources for the gold-mineralized boulders identified on surface at Rötjärnen.
Planning is also well advanced for the initiation of early-Spring field activities on the Southern Gold Line, including the undertaking of a high-resolution drone magnetic survey over key target areas and the continuation of low-cost regional reconnaissance Bulk Leach Extractable Gold (BLEG) sampling over the remainder of this highly prospective, 500 square kilometre property package.
Highlights
- An auger till sampling program is now underway on the southernmost Rötjärnen claim at the Southern Gold Line Project, Sweden (Figures 1-3). The Hilti auger drill program has been designed to identify vectors (so-called “glacial dispersion plumes”) to potential source regions of the gold-mineralized boulders previously identified on surface at Rötjärnen. Auger drilling is a highly effective, industry-standard exploration tool used in the shallow till-covered terrains of northern Scandinavia.
- Reconnaissance diamond drilling completed between 2006 and 2011 on an area located approximately 4km NW of the main gold-mineralized boulder field at Rötjärnen was focused on individual magnetic anomalies within a regional flexure zone. Whilst anomalous gold values are reported from some holes (SGU Geological Survey of Sweden project reports), no systematic work has been completed since along strike from these intercepts.
- Planning is also well advanced for the initiation of early-Spring field activities on the Southern Gold Line, including the undertaking of a high-resolution drone magnetic survey over key target areas and the continuation of regional reconnaissance BLEG sampling over the remainder of the claim block.
Eric Roth, Capella’s President and CEO, commented today: “I am very pleased to be reporting the commencement of auger drilling on our Rötjärnen claim at the Southern Gold Line. Previous exploration activities have already resulted in the successful discovery of gold-bearing boulders on surface at Rötjärnen, with the auger drilling now assisting us with the task of vectoring in to potential source areas. Auger drilling is a highly effective exploration tool used in those parts of northern Scandinavia where thin glacial till cover commonly masks prospective gold targets.
With the imminent arrival of Spring we are also well advanced with planning for further fieldwork, including the undertaking of a high resolution drone magnetic survey and the restarting of our low-cost regional BLEG sampling program. I look forward to keeping the market updates as our drill target prioritization activities advance at the Southern Gold Line.”
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