(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.
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