Capella Resources Updates on Its Activities in South America

VANCOUVER--(Business Wire)--
CAPELLA RESOURCES LTD. (TSX VENTURE:CPS) ("Capella" or the
"Company") announces that due to winter weather conditions the Company
has temporarily shut down drilling on its Lajitas gold/copper property
in Chile (the "Lajitas Property"). The Company expects to resume
drilling on the Lajitas Property in September of this year.

The current drill program on the Lajitas Property is designed to
test a two kilometre diameter Induced Polarization ("IP") and Magnetic
geophysical anomaly with a 4,000 metre, nine core hole program.
Company geologists believe that the geophysical anomaly represents a
porphyry gold/copper system in the subsurface which is supported by
the results of Capella's 2006 drill program. The 2006 drill program
identified a significant area of gold mineralization (see Table 1
below) on the northwest corner of the IP/Magnetic anomaly with
mineralization open to south and east.

Table 1:

-0-
*T
Significant Drill Intersections from Capella's 2006 Drilling Program
on the Lajitas Property
----------------------------------------------------------------------
Hole No. Interval Width Gold Final
To From (m) glt Comments Depth
-------------------------------------------======---------------------
LJ06001r Including 2m
0 10 10 1.24 @ 3.82 g/t
----------------------------------------------------------------------
LJ06002r 98 158 60 0.40
----------------------------------------------------------------------
LJ06003r 166 282 116 0.88 300
----------------------------------------------------------------------
LJ06004r 142 234 92 0.95
----------------------------------------------------------------------
Hole ended
276 282 6 0.63 in Min 282
----------------------------------------------------------------------
LJ06005r 156 176 20 0.53
----------------------------------------------------------------------
206 220 14 0.62 234
----------------------------------------------------------------------
98 170 72 0.7 174
----------------------------------------------------------------------
158 216 58 0.63
----------------------------------------------------------------------
Hole ended
298 300 2 2.38 in Min 300
----------------------------------------------------------------------
LJ06006r 70 148 78 0.60 200
----------------------------------------------------------------------
LJ06007r 0 192 192 0.72 219
----------------------------------------------------------------------
*T

The Company mobilized a core drill rig to the Lajitas Property in
late March 2008 to test IP/Magnetic anomaly targets. Due to mechanical
problems and winter weather conditions, the drill program was limited
in scope with the drill hole LJ08008c obtaining a depth of 91 meters
before project shut down. Assay results are pending, however the
copper sulphides, bornite and chalcopyrite, were identified in the
drill hole from 17.5 to 25.5 metres.

Additionally, the Company completed a new IP and Magnetic
geophysical survey on its 100% owned Nevada gold-copper property (the
"Nevada Project") which is located 45 kilometres southwest of the
Lajitas Property between Kinross Gold Corporation's Maricunga gold
mine (Refugio mine) and Exeter Resource Corporation's Caspiche
Project. Preliminary results indicated a 1.8 kilometre diameter
conductive zone with corresponding bounding magnetic anomaly. The
Company plans to mobilize a drill in October 2008 to test the new
geophysical targets at the Nevada project.

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.

About Capella Resources Ltd.

The Company is a publicly traded, junior exploration company with
a 100% interest in the Lajitas/Dorado and Nevada Gold and Copper
properties located in the Maricunga Gold and Copper District
approximately 700 kilometres northwest of Santiago, Chile. The
properties are comprised of 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 property consists of 1,270
hectares contained in 157 unpatented mining claims.

The Company also holds over 25,000 mineral exploration claims
covering an aggregate land area of over 1.2 million acres (495,264
hectares) in Atlantic Canada (Nova Scotia, New Brunswick and
Newfoundland and Labrador).

CAPELLA RESOURCES LTD.

(signed) "Richard L. Bachman"

Richard L. Bachman
Chief Geological Officer, President and Chief Executive Officer

Not for distribution to the United States newswire services or for
dissemination in the United States.

This news release does not constitute an offer to sell or a
solicitation of an offer to buy any of the securities in the United
States. The securities have not been and will not be registered under
the United States Securities Act of 1933, as amended (the "U.S.
Securities Act") or any state securities laws and may not be offered
or sold within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or
an exemption from such registration is available.

The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.

Capella Resources Ltd.
Robert Krienke, VP Operations, 902-468-8280
Toll Free: 1-877-342-7474
info@capellaresources.com

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