Opawica Completes Acquisition and is Mobilizing Crew to Drill-Ready Cornwall Property
488 – 625 Howe Street, Vancouver, BC Canada V6C 2T6
T (604) 681 -3170, F (604) 681 -3552, [email protected]
www.opawica.com
Opawica Completes Acquisition and is Mobilizing Crew to Drill-Ready Cornwall
Property
Vancouver, B.C. – November 3rd, 2022 - Opawica Explorations Inc. (TSXV: OPW) (FSE:
A2PEAD) (OTC: OPWEF) (the " Company" or " Opawica") is a mobilizing a to crew to the
Cornwall Property (the “ Cornwall Property ” or the “ Property”), located in the Kootenay
Terrane of south-eastern British Columbia.
The Cornwall Property has five copper target areas co nsisting of pyrite and chalcopyrite
hosted in a quartz -rich amphibolite. Mineralization is consistent with Besshi or Cyprus type
VMS exhalative sulphides deposited in a mafic volcanic environment. The South, Dunn Creek,
and Dunn Road showings appear to be on the same sulphide -bearing stratigraphic horizon
which has been tentatively traced along a strike length of over 2km. The North showing is
similar in character but appears to be off stratigraphic trend from the other showings.
The Company has mobilized a crew to undertake surface evaluation of the five target areas.
Target 1 is a stratigraphic feature that consists of a 2km (+) long linear multi parameter
anomaly including coincident zinc, lead, and barium in soil anomalies, and a TEM conductor
located west of the Dunn Creek showing area. Target 2 is located south of Dunn Creek and is
a strong chargeability feature with coincident resistivity low/high magnetic susceptibility and a
zinc-in-soil anomaly. Target 3 is located northwest of Target area 1 (poss ible continuation)
and hosts a chargeability feature, magnetic anomalies, and barium in soil anomalies. Target
4 is a TEM conductor with a coincident copper-in-soil anomaly. Target 5 is a TEM conductor
with coincident copper-in-soil anomaly.
Of Particular interest is the Target 1 area which has numerous encouraging coincident
geochemical and geophysical anomalies with a recommended drill program.
CEO Blake Morgan states” We are thrilled to be hitting the ground on the drill ready Cornwall
Project. With multiple drill ready targets, the Opawica team will begin to prioritise these into
high priority targets”.
Derrick Strickland, P. Geo (1000315), is the qualified person for Opawica Explorations and
approves the technical content of this news release.
About Opawica Explorations Inc.
Opawica Explorations 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 Quebec, and in central Newfou ndland and Labrador. The Company's management has a
strong record of 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: 604-681-3170
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 include statements with respect to the Company’s intended work
program at the Cornwall Property. Such forward -looking statements reflect management’s
current beliefs and are based on assumptions made by and information currently available to
the Company. Rea ders 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.