Gold Enrichment on the Nevada Property of Capella resources Is of hydrothermal origin.
February 20th, 2010Located on the Maricunga Gold Belt in the Republic of Chile, the Nevada Gold-Copper project is a 100% owned property of Capella Resources. It is a 1900 hectare landholding and is approximately 700 kilometers northwest of Santiago, Chile. The Nevada Gold property is strategically located between Exeter Resource Corporation’s Caspiche Project and Kinross Gold’s Maricunga Mine. The exploration work completed by Capella on this property includes an historical compilation of available geological data, Induced Polarization (“IP”) and Ground Magnetic surveys, geochemical sampling and a detailed hyperspectral remote sensing study.
Gold mineralization provides excellent potential for Capella Resources as a near surface gold-copper deposit at Nevada as it is consistent with high sulphidation gold systems like Veladero, Pierina and Yanacocha. While, gold enrichment on the Nevada Gold-Copper project of Capella Resources is hydrothermal in origin and is associated with a massive 200mX400m breccia body with vuggy silica alteration that has intruded dacitic volcanic rocks.
About Capella Resources
Capella Resources is a publicly traded, junior exploration and mineral development company with a strong portfolio of precious and base metal projects in Chile, USA and Atlantic Canada. The Company has a 100% interest in the Lajitas and Nevada gold-copper properties located in the Maricunga Gold and Copper District and approximately 700 kilometers northwest of Santiago, Chile. The properties comprise ten exploration claims and six exploitation claims totaling a cumulative 3,500 hectares in area. The Company holds a 100% interest in the Tinton Gold Project located 15 kilometers west-northwest of the famous and historic Homestake Mine in the Black Hills at Lead, South Dakota. The Tinton property consists of 1,270 hectares contained in 157 unpatented mining claims. The Company also holds 3839 mineral exploration claims covering an aggregate land area of over 71,558 hectares in Atlantic Canada (Nova Scotia, New Brunswick and Newfoundland and Labrador). Browse through http://www.capellaresourcesltd.com or http://www.capellaresources-gold-copper-projects.com for more information.
