Capella Resources Ltd.

 

 

GLOBAL MINERAL EXPLORATION AND RESOURCE DEVELOPMENT COMPANY

GOLD-COPPER EXPLORATION


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Lajitas-Dorado, Chile

The Lajitas Project is strategically located on a belt that is known to host more than 43 million ounces of gold and is proximal to Teck Cominco's Marte-Lobo Mine as well as stellar projects like Andina Mineral's Volcan Project and Exeter Resource's Caspiche Project. Deposits in the Maricunga district are predominantly porphyry gold stockwork systems (+/- copper) and are contained within advanced argillic alteration zones that locally host high-sulphidation epithermal gold deposits. Gold mineralization at Lajitas occurs in both the quartz stockwork contained within the porphyry and in zones of argillic alteration associated with the intrusive. Capella's deposit model for Lajitas clearly depicts an association between argillic alteration and gold mineralization.

 

Click on image for PDF overview of geophysical and geospatial data collected over Lajitas, Chile. Briefing prepared by TeraElement Ltd.

Exploration work completed by Capella on the Lajitas property includes an historical compilation, Reverse Circulation ("RC") drilling, Ground Magnetic and Induced Polarization ("IP") surveys, a detailed remote sensing analysis and 3D modeling. In addition to the area in the northwest portion of the claims group where an historic resource estimation was completed, Capella's recent geophysical results have outlined a 2 kilometre-diameter anomaly; the new target area at Lajitas. A magnetic high correlates to a moderate resistivity and elevated chargeability, mapping an intrusive surrounded by IP resistivity lows interpreted as zones of argillic alteration.




Nevada, Chile

The property is 100% owned by Capella and comprises seven claims for a 1900 hectare landholding. The Nevada Gold-Copper Project is strategically located between Exeter Resource Corporation's ("Exeter") Caspiche Project and Kinross Gold's Maricunga (Refugio) Mine that is reported to host a gold resource of over 6 million ounces. Exeter recently reported a diamond drill intersection (CSD-016) of 627 metres of 1.1 g/t Au and 0.43% Cu marking the nearby Caspiche as a major gold-copper discovery only three kilometres away from the Nevada property.

Hyperspectral imagery results for alteration mineralogy over Nevada, Chile - imagery acquired by SpecTIR corp., analysis by TeraElement Ltd.

Gold enrichment on the Nevada property is hydrothermal and associated with a massive (200 metre by 400 metre) breccia body with vuggy silica alteration that has intruded dacitic volcanic rocks. This gold mineralization at Nevada is consistent with high sulphidation gold systems like Veladero, Pierina and Yanacocha and provides excellent potential for Capella as a near surface gold-copper deposit.

 




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