Capella Minerals Ltd. announced that, as part of its "first mover" strategy in Norway, it has successfully staked a series of exploration claims located in the past-producing Vaddas-Birtavarre copper-cobalt+/-zinc massive sulfide ("VMS") district of northern Norway. The Vaddas-Birtavarre district is located in the Finnmark og Troms Province, some 60km E of the regional centre of Trømso and immediately to the west of the Boliden Minerals AB-Norden Crown (TSXV: NOCR) copper exploration Joint Venture at Burfjord. To date, Capella has been granted 209 square kilometres ("sq.

km") of exploration claims in the Birtavarre area, whilst the Vaddas area consists of 80 sq. km of granted exploration claims and a further 80 sq. km of exploration claim applications awaiting approval.

The granted exploration claims are all 100% owned by Capella and are not subject to any underlying exploration agreements. The Vaddas-Birtavarre district represents, in the Company's view, the highest potential for new copper-cobalt discoveries in Norway outside of its current focus areas in Trøndelag Province. The Vaddas-Birtavarre district contains a number of known Caledonian-age semi-massive to massive sulfide deposits which are hosted within different stratigraphic levels: a lowermost greenstone unit (with local pillow basalts) hosts copper-cobalt mineralization at Vaddas, whilst an overlying metasedimentary sequence hosts copper-cobalt mineralization at Birtavarre.

The first reported discovery of copper mineralization at Vaddas was in the 1890's (and at Birtavarre in the 1860's) with limited exploration and small-scale copper mining having been undertaken since the time of discovery. No systematic exploration is reported to have been undertaken in the Vaddas-Birtavarre area since the 1970's. The technical information in this news release relating to the Vaddas-Birtavarre copper-cobalt project has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101, and approved by Eric Roth, the Company's President & CEO, a Director, and a Qualified Person under NI 43-101. Mr. Roth holds a Ph.D. in Economic Geology from the University of Western Australia, is a Fellow of the Australian Institute of Mining and Metallurgy (AusIMM) and is a Fellow of the Society of Economic Geologists (SEG).

Mr. Roth has 30 years of experience in international minerals exploration and mining project evaluation.