VANCOUVER, BC, Jan. 25, 2022 /CNW/ - Capella Minerals Ltd.
(TSXV: CMIL) (FRA: N7D2) (the "Company" or "Capella") is pleased to
announce that, in partnership with Digbee ESG® ("Digbee"), it has
adopted an industry-standard Environmental, Social, &
Governance ("ESG") disclosure system designed to drive and report
"international best practice" ESG principals within the Company.
The Company achieved an overall BB rating in its first-ever formal
ESG assessment, with a clear road map for short- and mid-term
actions that could lead to a rating in the A-AAA band. The Digbee
evaluation was designed by ESG practitioners with extensive
expertise in both the mining and exploration industries.
Eric Roth, Capella's President
and CEO, commented: "We are pleased to have chosen Digbee as the
platform through which to report the Company's ESG strategy and
action plans going forward. Each member of Capella's Board and
Senior Management has had a long and distinguished career in the
mining/exploration industry - with transparency and ethics being
fundamental principals - and we look forward to continuing and
formalizing this philosophy going forward through the Digbee
platform.
I am also pleased to report that Capella is one of a small, but
growing, group of junior exploration companies to have formally
adopted this formal ESG reporting. This demonstrates our commitment
to adopting and striving to achieve globally acceptable ESG
standards as we work together with local stakeholders in an open
and transparent fashion whilst continuing to advance our high-grade
copper and gold projects in Scandinavia and Canada."
Jamie Strauss, Founder & CEO,
Digbee commented "We are delighted to welcome Capella Minerals onto
the Digbee platform. Embedding ESG within a company strategy is
crucial and Capella management, through an independent assessment,
has shown both leadership and a clear approach to doing so. Digbee
ESG provides a solution for all mining companies to efficiently
disclose ESG, rewarding management in their actions and supporting
a means for all stakeholders to credibly track the ESG
journey."
Further information on the Company's ESG disclosure may be found
at both Capella's website (www.capellaminerals.com) and the
Digbee digital platform (https://digbee.com).
On Behalf of the Board of Capella Minerals Ltd.
"Eric Roth"
_____________________________
Eric Roth, Ph.D., FAusIMM
President
& CEO
About Capella Minerals Ltd
Capella is engaged in the acquisition, exploration, and
development of quality mineral resource properties in favourable
jurisdictions with a focus on high-grade gold and copper deposits.
The Company's copper focus is currently on the discovery of
high-grade VMS-type deposits within 100%-owned, district-scale land
positions around the past-producing Løkken and Kjøli copper mines
in central Norway. The Company's
precious metals focus is on the discovery of high-grade gold
deposits on its newly-acquired Finnish properties (Katajavaara,
Aakenus), the 100%-owned Southern Gold Line Project in Sweden, and its active Canadian Joint Ventures
with Ethos Gold Corp. (TSXV-ECC) at Savant Lake (Ontario) and Yamana Gold Inc. at Domain
(Manitoba). The Company also
retains a residual interest (subject to an option to purchase
agreement with Austral Gold Ltd) in the Sierra Blanca gold-silver
divestiture in Santa Cruz,
Argentina.
The Company also holds 3,000,000 common shares in Ethos Gold
Corp. providing Capella shareholders with indirect exposure to
exploration success at both the Savant Lake Project and elsewhere
within Ethos' extensive Canadian project portfolio.
Cautionary Notes and Forward-looking
Statements
This news release contains forward-looking information within
the meaning of applicable securities
legislation. Forward-looking information is typically
identified by words such as: believe, expect, anticipate,
intend, estimate, postulate and similar expressions, or are those,
which, by their nature, refer to future events. Such
statements include, without limitation, statements regarding the
future results of operations, performance and achievements of
Capella, including the timing, completion of and results from the
exploration and drill programs described in this release. Although
the Company believes that such statements are reasonable, it can
give no assurances that such expectations will prove to be correct.
All such forward-looking information is based on certain
assumptions and analyses made by Capella in light of their
experience and perception of historical trends, current conditions
and expected future developments, as well as other factors
management believes are appropriate in the circumstances. This
information, however, is subject to a variety of risks and
uncertainties and other factors that could cause actual events or
results to differ materially from those projected in the
forward-looking information. Important factors that could cause
actual results to differ from this forward-looking information
include those described under the heading "Risks and Uncertainties"
in Capella's most recently filed MD&A. Capella does not intend,
and expressly disclaims any obligation to, update or revise the
forward-looking information contained in this news release, except
as required by law. Readers are cautioned not to place undue
reliance on forward-looking information.
Neither the TSXV nor its Regulation Services Provider (as
that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this
release.
SOURCE Capella Minerals Limited