Opus One Resources Receives Assays with High Grade GOLD Values ON a Refreshed Historical Trench at Winwin Property, Near Chibougamau-Chapais, Quebec, Canada
4710 Saint-Ambroise Street, Suite 308
Montreal, Québec, H4C 2C7
Tel: (514) 591-3988
NEWS RELEASE
January 17, 2018 Trading Symbol: OOR-V
OPUS ONE RESOURCES RECEIVES ASSAYS WITH HIGH GRADE GOLD VALUES
ON A REFRESHED HISTORICAL TRENCH AT WINWIN PROPERTY, NEAR
CHIBOUGAMAU-CHAPAIS, QUEBEC, CANADA
MONTREAL, QC - OPUS ONE Resources Inc. (the “Company” or “ OPUS ONE”) – (TSX
Venture Exchange: OOR), is pleased to announce that the fall trenching program on the Ray
Zone area of Win-Win property was successful and has returned high gold grades in channel
samples where visible gold was found . The showing contains a narrow N080 oriented quartz
vein and veinlet system hosted in a basalt unit of the Obatogamau formation . The historical
trench was refreshed and extended over a 10 X 20 metre area, exposing a quartz vein that was
traced over a length of 6.5 metres. Overburden thickness increase s towards the east and west
where the vein and structure is projected to extend.
The quartz vein and stockwork system varied in width from 10 to 50 centimeters and is hosted in
carbonatized basalt. The vein s trikes N080 and is sub-vertical to north dipping . Historical drill
hole GM-15 reported 3.23 g/t Au over 3.35m including 1 2.00 g/t over 0.3 0m (GM#39920-
SIGEOM public database ) ,is located approximately 20m west of the showing and seems to
correlate with the same vein system. Historical work on the showing didn’t report any visi ble
gold and the best channel sample result reported 2.8g/t over 0.3m (GM#42857-SIGEOM Public
database).
Channel samples were taken at 1 to 2 metres intervals across the mineralised zone, wherever
possible. The following table is a summary of the best individual or composite assay results from
6 channels, totaling 21 individual samples oriented perpendicular to strike:
Base Line Showing
Channel # Weighted Avg
g/t Au Length m Lithology
01 16.22 0.47 Quartz vein and stockwork
03 27.36 0.37 Quartz vein and basalt Visible
Gold
04 50.95 0.33 Quartz vein and basalt Visible
Gold
05 6.07 0.49 Quartz vein and basalt
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This surface showing is located at the east end of the historical Ray Zone that extends up to 275
metres to the northwest from the surface showing. Previous drilling on four sections along the
Ray Zone intersected significant gold values however the nature of the mineralisation and
structural control needs to be worked out.
RAY ZONE AREA 2017 CHANNEL SAMPLING RESULTS
Sample
Number Channel Length_m Au g/t Description
1479877 R-1 0,80 0,22 Basalt, dk green aph, mod Fol, wk Cb, Tr
Py
1479878 R-1 0,80 0,09 Basalt, dk green aph, mod Fol, wk Cb, Tr
Py
1479879 R-1 0,53 0,02 Basalt, dk green aph, mod Fol, wk Cb, Tr
Py
1479881 R-1 0,85 0,01 Basalt, dk green aph, mod Fol, wk Cb, Tr
Py
1479882 R-1 0,50 0,04 Basalt, dk green aph, mod Fol, wk Cb, Tr
Py
1479883 R-1 0,47 16,22 Basalt plus 10cm with several
centimetric qtz veinlets
1479884 R-1 0,84 0,05 Basalt, dk green aph, mod Fol, wk Cb, Tr
Py
1479885 R-2 0,83 0,02 Basalt, dk green, fg, ~10% diss Py
1479886 R-2 0,87 0,05 Basalt, dk green, fg, ~10% diss Py
1479887 R-3 0,37 27,36 Basalt plus 10cm qtz vein with VG
1479888 R-3 0,51 0,12 Basalt, dk green aph, mod Fol, wk Cb, Tr
Py
1479889 R-3 0,57 0,22 Basalt, dk green aph, mod Fol, wk Cb, Tr
Py
1479890 R-4 0,33 50,95 Basalt plus 10cm qtz vein with VG
1479891 R-5 0,49 6,07 Basalt plus 15cm qtz vein
1479892 R-5 0,56 0,09 Basalt, dk green aph, stg Fol, wk Cb, Tr
Py
1479893 R-5 0,52 0,68 Basalt with dark smokey Qtz Vein
1479894 R-5 0,69 0,20 Basalt, dk green aph, stg Fol, wk Cb, Tr
Py
1479895 R-5 0,57 0,10 Basalt, dk green aph, stg Fol, wk Cb, Tr
Py
1479896 R-5 0,77 0,07 50-50% Basalt & Chlorite Schist
1479897 R-5 0,91 0,00 Chlorite Schist
1479898 R-6 0,79 0,01 Basalt, dk green aph, mod Fol, wk Cb, Tr
Py
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A l ocation map and detailed trench map can be found at the link indicated at the end of the
release.
Follow up diamond drilling is planned for the next exploration phase during winter 2018. The
objectives of the program are to verify and expand the Ray Zone mineralisation and test for
possible parallel structures.
WinWin is a gold property which consists of 49 mining claims covering an area of 2,678
hectares located approximately 25 kilometres south-east of the town of Chapais. The Property is
directly adjacent to the North frontier of IAMGOLD/ Tomagold Monster Lake property and
covers a six kilometers strike l ength of the Monster Lake Deformation Zone (FDZ) and
subsidiary shear zones. Numerous gold showings and occurrences are present on the property
that shows similarities with the Monster Lake project geology.
Samples collected during the 201 7 fall explorat ion program were dispatched from Ch apais to
Laboratoire Expert, Rouyn-Noranda for processing. Standard and blank QA-QC samples were
introduced in the sample series at regular intervals in the field. All samples were processed
according to Laboratoire Exper t’s internal quality control procedures. They were analysed
following standard pyro-analyses technics “Fire Ass ay-Atomic Absorption” . Samples which
returned values equal or greater than 5.0 g/t were reanalysed by gravimetric method.
About OPUS ONE Resources Inc.
Opus One Resources I nc. is a mining exploration company focused on discovering high quality
gold and base metals deposits within strategically located properties in proven mining camps,
sometimes close to existing mines in the Abitibi Green stone Belt , north-western Quebec and
north-eastern Ontario - one of the most prolific gold mining areas in the world. Opus One holds
assets in Val -d'Or, Matagami and Chibougamau areas. Bachelor Extension property is adjacent
to Metanor Resources Inc. - Bachelor Gold Mine, Vezza Extension and Vezza North are located
few kilometers West and North of Nottaway Resources Vezza Mine. Courvillle property is
located east of Val D’Or.
In addition, Opus One has also optioned three properties, all easily accessible by a network of all
season roads : Fecteau property, located in the Urban -Barry greenstone belt, east of Osisko
Mining’s Windfall Lake deposit, currently one of the most active exploration area in Canada;
Winwin property, located directly North of Iamgold’s Monster Lake property, and the Grizzly
property, located 40 kilometers north-west of the city of Chapais in a similar geological setting to
Northern Superior’s Croteau East project.
Tony Brisson, P. Geo and director of Opus One, acts as a Qualified Person as defined in National
Instrument 43-101 and has reviewed and approved the technical information in this press release.
Forward-Looking Statements
This news release contains statements that may constitute "forward-looking information" within
the meaning of applicable Canadian securities legislation. Forward-looking information may
include, among others, statements regarding the future plans, costs, objectives or performance of
OPUS ONE, or the assumptions underlying any of the foregoing. In this news release, words
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such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend",
"plan", "estimate" and similar words and the negative form thereof are used to identify forward-
looking statements. Forward-looking statements should not be read as guarantees of future
performance or results, and will not necessarily be accurate indications of whether, or the times
at or by which, such future performance will be achieved. No assurance can be given that any
events anticipated by the forward-looking information will transpire or occur, including the
development of the Grizzly Property, or if any of them do so, what benefits OPUS ONE will
derive. Forward-looking information are based on information available at the time and/or
management's good-faith belief with respect to future events and are subject to known or
unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are
beyond OPUS ONE Resources Inc.' control. These risks, uncertainties and assumptions include,
but are not limited to, those described under "Risk Factors” in OPUS ONE’s management
discussion and analysis for the year ended August 31, 2016, a copy of which is available on
SEDAR at www.sedar.com, and could cause actual events or results to differ materially from
those projected in any forward-looking statements. OPUS ONE does not intend, nor does OPUS
ONE undertake any obligation, to update or revise any forward-looking information contained in
this news release to reflect subsequent information, events or circumstances or otherwise, except
if required by applicable laws.
Neither the TSX Venture Exchange nor its Regulation Services Provid er (as that term is defined
in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
For more information, please contact:
Louis Morin, CEO & Director
T (514) 591-3988
Michael W. Kinley, CPA, CA
President, CFO & Director
T (902) 826-1579
F (902) 826-2550
C (902) 402-0388
Visit Opus One’s website: www.OpusOneResources.com
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