Nova Scotia Uranium Mining info

Just some info on whats going on with the mining company exploring for Uranium in Nova Scotia.

First, a quote from a Capella Resources Ltd news release dated March 25th, 2008.

"Vancouver, B.C., March 25, 2008 - CAPELLA RESOURCES LTD. (TSX-V:CPS) ("Capella" or the "Company") announces that Universal Uranium Ltd. ("UUL") has elected not to commit to certain expenditures (the "Expenditures") required to maintain its interest under an option agreement dated August 1, 2006 between Tripple Uranium Resources Inc. ("TUR"), a wholly-owned subsidiary of Capella, and UUL (the "Option"). Pursuant to the terms of the Option, UUL had the option to earn and acquire a 60% interest in TUR's 2,727 staked mineral claims located in the Central Mineral Belt of Newfoundland and Labrador (the "Claims") provided that among other things, the Expenditures on the Claims were made by UUL. As a result of UUL's election not to pay the Expenditures, TUR and UUL entered into an agreement formally terminating the Option.

And second, Oh my, look they found Uranium. Who would have thought that drilling in a region that runs near the vein of Uranium that nearly parallels highway 101 would result in actually finding Uranium?

VANCOUVER, B.C., April 1, 2008 - CAPELLA RESOURCES LTD. (TSX-V: CPS) ("Capella" or the "Company") announces that the Company has completed an 11 hole diamond drill program at its Titus Project, located in central Nova Scotia (the "Titus Project"). Initial down-the-hole gamma logging of drill holes at the Titus Project yielded uranium values over 100 parts per million (ppm), a uranium threshold that required the Company to notify the Nova Scotia Government pursuant to the Mineral Resources Regulations (Nova Scotia) made under the Mineral Resources Act (Nova Scotia).

Pursuant to such regulation, the Company immediately notified the Registrar of Mineral and Petroleum Titles (the "Registrar") of the uranium identification and the Registrar established a committee to monitor the Titus Project (the "Monitoring Committee"). Capella and the Monitoring Committee are in discussions concerning future drilling on the Titus Project in order to define the extent of the newly discovered uranium mineralization as it relates to the potential associated base and precious metal mineralization.

All drill holes at the Titus Project were logged with a down-the-hole Calibrated BGR-01 4-Channel Gamma/Resistivity Probe (the "Probe") operated by the Company's technicians. The Probe was calibrated in February 2008 at the Government of New Brunswick's calibration site under the supervision of the Probe's manufacturer. Probe results for the Titus Project are set out in the below table using a 0.3 lb/ton eU3O8 cutoff.

Drill Hole Probe Results

Hole ID	From (metres)	To (Metres)	Interval (metres)	eU3O8 (lbs/ton)	eU3O8 (%)
TS-004	93.15	98.18	5.03	4.60	0.230
TS-005	140.73	144.85	4.12	0.71	0.036
TS-007	174.65	180.63	5.98	0.77	0.038
TS-007	187.56	213.21	25.65	0.54	0.027
TS-009	159.59	167.05	10.62	0.63	0.031
TS-010	103.79	106.18	2.39	0.95	0.048

The diamond-drill program at the Titus Project was drilled West of the observed trend, in the region where the anomalous zone slips under sedimentary cover. Unexpectedly, the calibrated down-the-hole gamma/resistivity probe reported significant concentrations of uranium in five of eleven drill holes with a maximum hole separation of more than 1 kilometer, and a peak value of 0.815% eU3O8 intersected in hole TS-004. Core samples from the drilling program have been split and sent to Activation Laboratories of Ancaster, Ontario for analysis of base metals and gold and results are pending.

Description of the Titus Project

The Titus Project is situated west of Windsor Forks, Nova Scotia in a complex zone of sediments, metasediments and exposed granitoid plutonic rocks. The primary target in the claim block is located at the intersection of three major structural features and a late Paleozoic sedimentary outlier (siltstone & sandstone) that overlay Paleiozoic granitic rocks. Uranium mineralization occurs in both the sedimentary and granitic rocks.

The region has been imaged with a wide array of high-resolution geophysical and remotely sensed data to investigate for the occurrence of structural conduits to base-metal mineralization and any zones of hydrothermal alteration on the flanks of intrusives. Many of the observed magnetic lineaments also correspond with topographic lineaments noted in both the high-resolution digital terrain elevation data along with zones of possible hydrothermal alteration in the analyzed radiometric data and satellite imagery. The radiometric ratios indicate high K/Th values associated with observed lineaments indicative of possible potassic alteration along the probable structural conduits.

Targeting the anomalous zones where the high K/Th ratios coincide with a presence of intersecting North and West-North-West lineaments, the Company's field crews have identified several zones of visible surface mineralization. A base-metal occurrence corresponding with an observed geophysical trend, previously reported by the Nova Scotia Department of Natural Resources, was sampled by the Company's field crews yielding the following concentrations: 22.8% Pb, 8.83% Zn, 0.017% Cu and 1.78 oz/ton Ag (see the Company's News Release dated March 17, 2008). Additionally, the Company recently received chemical assay results from the same area with a higher Silver content of 2.86 oz/ton Ag.

Richard Bachman, Chief Geological Officer and qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects) has reviewed and approved the content of this news release.