- CEO
- Eric Roth
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 8681 Clay Street Mission BC Canada V4S 1E7
- IPO Date
- Aug 8, 1996
- Business
- Capella Minerals Limited Capella Minerals Limited (TSXV:CMIL) is a Canadian exploration company focused on the acquisition, exploration, and development of precious and base metal projects, primarily gold, copper, cobalt, zinc, lithium, cesium, tantalum, pegmatite, and rare earth element deposits. The company holds interests in multiple advanced-stage properties, including the Northern Finland gold-copper portfolio comprising five projects such as the drill-ready Killerö East target (a former Anglo American copper-gold project) and the Saattopora West extension of Outokumpu Oy's past-producing copper-gold mine, all located within the prospective Central Lapland Greenstone Belt; the Hessjøgruva copper-zinc-cobalt project and adjacent Kongensgruva in the northern Røros mining district of central Norway; the Kjøli high-grade copper-zinc-cobalt volcanogenic massive sulfide project covering 24,600 hectares in the same Norwegian district; exposure to satellite copper-cobalt-zinc volcanogenic massive sulfide targets around the past-producing Løkken copper mine through a strategic partnership; and the Domain gold project in Manitoba, Canada. Operations span Scandinavia (Finland and Norway) and Canada, with headquarters in Vancouver, British Columbia, Canada; the company was founded in 2005 and formerly operated as New Dimension Resources Ltd.
In recent developments, Capella signed a definitive agreement on September 2, 2025, with Turkish mining company Tümad Madencilik Sanayi Ve Ticaret A.S. for a staged earn-in option on majority interests in its Norwegian copper-cobalt-zinc projects and Finnish gold-copper projects through exploration and development investments. Additionally, in August 2024, Capella entered a strategic partnership with Teako Minerals Corp., retaining a 10% carried interest to production on the Løkken copper-cobalt-zinc project while receiving C$350,000 in cash and 2.5 million Teako shares, with Teako committing to drilling the Åmot target. The company completed a C$1.5 million financing in 2025, divested non-core assets to acquire equity positions in Teako Minerals Corp. and Grit Metals Corp. (formerly European Energy Metals Corp.), and secured net smelter royalties on the Savant Gold Project in Ontario (BeMetals Corp.) and Central Finland lithium projects (Grit).