Capella Resources Ltd.

Capella Resources Ltd.

November 25, 2010 09:01 ET

Capella Resources Provides Amended and Restated MD&A

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 25, 2010) - CAPELLA RESOURCES LTD. (TSX VENTURE:KPS)(PINK SHEETS:CPSJF) ("Capella" or the "Company") is pleased to provide an amended and restated MD&A for the year ended January 31, 2010 and for the three months ended April 30, 2010. The reader is directed to for details.

As a result of a review by the British Columbia Securities Commission, the Company is issuing this press release to clarify our disclosure regarding its exploration activities on a property-by-property basis and results of operations. Additional information is given on the Company's plan for the changeover from Canadian GAAP to IFRS for financial years on or after February 1, 2011.

About Capella Resources Ltd.

Capella Resources Ltd. 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 kilometres northwest of Santiago, Chile. The properties comprise ten exploration claims and six exploitation claims totalling a cumulative 3,500 hectares in area. The Company holds a 100% interest in the Tinton Gold Project located 15 kilometres 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 2,8345 mineral exploration claims covering an aggregate land area of over 50,879 hectares in Atlantic Canada (Nova Scotia, New Brunswick and Newfoundland and Labrador).


Richard Bachman, Chief Executive Officer, President & Chief Geological Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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