Capella Updates on Nevada Drill Program

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Tue May 19, 2009 9:00am EDT

  VANCOUVER, BRITISH COLUMBIA, May 19 (MARKET WIRE) -- 
CAPELLA RESOURCES LTD. (TSX VENTURE: KPS)(PINK SHEETS: CPSJF) ("Capella"
or the "Company") is pleased to report further to the Company's news
release of April 23, 2009, that drilling at its Nevada gold-copper
project in northern Chile is progressing well with three holes completed
to date. Weather conditions continue to remain favourable. The Company
has started the fourth and final drill hole of the season on the project
which is expected to be completed in approximately one week.

    The first drill hole, NV09001, was completed to a depth of 256 meters
with the second hole (NV09002) reaching a depth of 305 meters. Drill hole
NV09003 penetrated to a depth of 134 meters when in hole conditions
degraded and caused the hole to be prematurely shut down.

    The drill program is testing a combination of magnetic and induced
polarization (IP) geophysical anomalies coincident with intensely altered
outcrops. Analytical results for the program are expected by late June.

    Major Drilling Chile S.A. of Santiago, Chile is the chief contractor on
the project. Drilling in northern Chile can typically be conducted until
mid-May, before winter weather sets in and drilling is suspended for the
season. The drill program at the Company's Nevada gold-copper project is
expected to recommence in October, 2009 (springtime in Chile).

    The Company holds a 100% interest in the Nevada gold-copper project
subject to a 5% net smelter return royalty. The project consists of seven
exploration and exploitation claims comprising approximately 1,900
hectares. Access to the Nevada gold-copper property is by all-weather
gravel and paved roads from Copiapo, approximately 160 kilometres to the
west. The Nevada gold-copper project drill area lies approximately 10
kilometres south of Kinross's Maricunga gold mine (formerly the Refugio
gold mine) and six kilometres north of Exeter's Caspiche gold-copper
project.

    Three, relatively short, drill holes were completed in the early 1990's
by Minera Mount Isa Chile S.A. on the Nevada gold-copper property
yielding sporadic gold mineralization. Additional information regarding
the historic and current data can be found on SEDAR (www.sedar.com) or on
the Company's website at www.capellaresources.com.

    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 over 24,750 mineral exploration claims covering an
aggregate land area of over 1.04 million acres (422,800 hectares) in
Atlantic Canada (Nova Scotia, New Brunswick and Newfoundland and
Labrador).

    CAPELLA RESOURCES LTD.

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

    FORWARD LOOKING STATEMENTS: This news release contains forward-looking
statements, which address future events and conditions, which are subject
to various risks and uncertainties. The Company's actual results and
financial position could differ materially from those anticipated in such
forward-looking statements as a result of numerous factors, some of which
may be beyond the Company's control. These factors include: results of
exploration activities and development of mineral properties,
fluctuations in the marketplace for the sale of minerals, the inability
to implement corporate strategies, the ability to obtain financing,
currency fluctuations, general market and industry conditions and other
risks disclosed in the Company's filings with Canadian Securities
Regulators. Forward-looking statements are based on the expectations and
opinions of the Company's management on the date the statements are made.
The assumptions used in the preparation of such statements, although
considered reasonable at the time of preparation, may prove to be
imprecise and, as such, undue reliance should not be placed on
forward-looking statements. The Company expressly disclaims any intention
or obligation to update or revise any forward-looking statements whether
as a result of new information, future events or otherwise.


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

Contacts:
Capella Resources Ltd.
Graham Johnstone
1-778-331-2023 or Toll Free: 1-877-321-7474
778-329-9361 (FAX)
info@capellaresources.com
www.capellaresources.com

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