Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
US and Iran clash over uranium enrichment as...
Hundreds of Ukrainian prisoners released in swap with...
Trump signs executive orders bolstering nuclear industry, domestic...
Trump administration plans to overhaul National Security Council,...
Satellite images reveal North Korea’s mangled naval destroyer...
Trump admin steps up overhaul of National Security...
Trump unleashes US nuclear renaissance with bold executive...
DAVID MARCUS: Tax-free overtime could be midterm magic...
SCOOP: House Republicans request ban on federally funded...
WATCH: GOP senators rail against staggering $4.7 trillion...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Investing

Opawica Receives Drill Permit On Its 100% Owned Bazooka Property On The Abitibi Green Stone Belt Quebecs

by admin February 4, 2025
February 4, 2025
Opawica Receives Drill Permit On Its 100% Owned Bazooka Property On The Abitibi Green Stone Belt Quebecs

(TheNewswire)

February 4 th 2025 Vancouver, B.C. TheNewswire – Opawica Explorations Inc. (TSXV: OPW) (FSE: A2PEAD) (OTCQB: OPWEF) (the ‘Company’ or ‘Opawica’), a Canadian mineral exploration company focused on precious and base metal projects in the Abitibi gold belt in Quebec. Opawica Explorations Inc. has received a two-year drill permit on its 20 high-priority gold targets at the Bazooka Property.

The 20 drill targets were done in collaboration with ALS Geoanalytics (formally ALS GoldSpot Discoveries Ltd). and Opawica. The team integrated various drill hole recent and legacy data sets, including geological, structural, alteration, mineralogical, and geochemistry. The interpretation of this updated drill hole database led to a cohesive three-dimensional model/geological model, fault network and orebody model, which have provided the foundation for a drilling exploration strategy at Bazooka Property.

The Bazooka Property occurs along one of the most prolific auriferous structures in the world, the Cadillac-Larder Lake Break/Fault. The Cadillac-Larder Lake Break/Fault, in part, marks the boundary between the Archean Abitibi sub-province in the north and the predominantly metasedimentary Pontiac sub-province south of the fault.

Gold mineralization on the Property occurs within mixed, up to 60m wide (estimated true width), strong quartz-carbonate-sericite and talc-chlorite schists of sedimentary and ultramafic to mafic volcanic protoliths, respectively, and is referred to as the Main Zone. The alteration and mineralization are spatially associated with the Cadillac-Larder Lake

The 20 drill targets identified at Bazooka total approximately 10,000 meters of drilling data. Using the Televiewer data the Company was able to identify four possible mineralized vein and schistosity structures that are striking northeast, west northwest, southwest and north-northwest. This resulted in the identification of two main families of mineralized veins, Family A and Family B. Family A veins predominantly strike at N042º and dip at 35º-40º, while Family B veins strike at N230º and dip at approximately 63º.

In one scenario, Family A and Family B represent an extension of veins and shear veins, respectively, in a shear-hosted gold mineralization setting. In another scenario, late northeast-striking brittle deformation is responsible for the northeast orientation of Family A, possibly indicating that the Family A and Family B veins were rotated along the northeast-striking deformation corridor.

The newly collected data was organized into thirteen wireframes, modeled using selected gold values over 0.2 g/t Au composites across four meters. This resulted in a structural model and trend that serves as the basis for the 2025 drill targets.

‘CEO Blake Morgan States, The Opawica team is thrilled to now have the Bazooka drill permits in hand. With the large amount of geological data we have obtained over the past few years. The team feels very strongly about our high priority drill targets. We will now move aggressively to finalize our upcoming 2025 drill campaign.’

ALS Geoanalytics . is a Canadian company recognized as a global leader in artificial intelligence and data science who are using AI to transform the mineral discovery process. Staffed by Geoscience and Data Science experts, ALS Geoanalytics provides geological consulting services and software augmented by AI.

Mr. Yvan Bussieres, P.Eng., is the Qualified Person for Opawica Explorations Inc. and approves the technical content of this news release. The qualified person has not verified the information on the Abitibi greenstone belt. Mineralization hosted on adjacent and/or nearby and/or geologically similar properties is not necessarily indicative of mineralization hosted on the company’s properties.

About Opawica Explorations Inc.

Opawica Explorations Inc. is a junior Canadian exploration company with a strong portfolio of precious and base metal properties within the Rouyn-Noranda region of the Abitibi Gold Belt in Québec. The Company’s management has a great track record in discovering and developing successful exploration projects. The Company’s objective is to increase shareholder value through the development of exploration properties using cost effective exploration practices, acquiring further exploration properties, and seeking partnerships by either joint venture or sale with industry leaders.

FOR FURTHER INFORMATION CONTACT:

Blake Morgan

President and Chief Executive Officer

Opawica Explorations Inc.

Telephone: 236-878-4938

Fax: 604-681-3552

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

Forward-Looking Statements

This news release contains certain forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company’s exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

previous post
CWENCH Hydration Strengthens its Retail Footprint in Western Canada with Placement in 75 Locations of London Drugs
next post
Forum Energy Metals and Global Uranium Commence Exploration at the Northwest Athabasca Project, Saskatchewan

You may also like

BPH Energy

August 9, 2024

Pinnacle Samples up to 12.2 g/t Gold Equivalent...

March 18, 2025

Bifurcation a Big Test of Miners’ Mettle

September 14, 2024

Top 5 Canadian Mining Stocks This Week: Durango...

February 15, 2025

Sale of JWD Iron Ore Mining Rights

August 27, 2024

Restart of Mount Boppy Gold Mine – Execution...

August 14, 2024

Building A Growing West Australian Gold Producer

August 1, 2024

Web3 Leaders Gather in Toronto for Canada Crypto...

May 13, 2025

SAGA Metals Announces Non-Brokered Private Placement and Provides...

May 3, 2025

LaFleur Minerals Begins Permitting Process for a Bulk...

May 2, 2025

Recent Posts

  • US and Iran clash over uranium enrichment as nuclear talks resume in Rome
  • Hundreds of Ukrainian prisoners released in swap with Russia, Zelenskyy says
  • Trump signs executive orders bolstering nuclear industry, domestic uranium mining
  • Trump administration plans to overhaul National Security Council, weeks after Waltz’s departure
  • Satellite images reveal North Korea’s mangled naval destroyer after failed launch

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (742)
    • Investing (2,168)
    • Politics (2,688)
    • Stock (4)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 Sightful Invest. All Rights Reserved.