Opawica Completes Arrowhead Drilling Program
3043 – 595 Burrard Street, Vancouver, BC Canada V7X 1L7
T (604) 681 -3170, F (604) 681 -3552, [email protected]
www.opawica.com
OPAWICA COMPLETES ARROWHEAD DRILLING PROGRAM
Vancouver, B.C. – June 29th, 2022 - Opawica Explorations Inc. (TSXV: OPW) (FSE: A2PEAD)
(OTC: OPWEF) (the “Company” or “Opawica”) is pleased to announce it has completed its
maiden drill program on the Arrowhead Property in the Rouyn Noranda camp of the Abitibi in
Quebec.
Highlights include:
• To date, the Company has drilled 13 holes on the Arrowhead Property, comprising
4,305.7 metres. The Company has sent 1,577 rock samples, representing 1,844.75
linear metres, for assay to ALS in Quebec.
• The drill program targeted the Cadillac shear zone and intersected prospective
geology with a variable amount of quartz veining, brecciation, silicification and quartz
stockwork, with associated sulphides.
• Visible gold was encountered in a quartz vein shear zone in hole AR-22-13 at a
depth of approximately 375.945 metres.
• Time-domain downhole EM survey were performed on four holes including AR22-04.
• The Company has intersected a secti on of 16.9 meters (AR-22-04) of silicified mafic
tuff interbedded with felsic lapilli tuffs, quart-feldspar veins, and quartz veins.
Company President and chief executive officer Blake Morgan commented, " The Opawica
team is thrilled with our maiden drill program on the Arrowhead Project. With visible gold and
numerous intersections of up to nearly 17 metres. The team eagerly await assays results and
will begin preparations for our phase 2 drill program. Phase two will take place later this year
once all data has been received.”
The Company has engaged services TMC Geophysics (TMC) of Val -d’or to undertake a
downhole 3D Borehole Pulse EM Time Domain survey on four drill holes AR-22-04, AR-22-5,
AR22-09 and AR-22-10 (see below). The surveys were done to help identify mineralization
that does not have a surface expression.
A 3D Borehole Pulse EM system is used in which an axial component (Z) probe and a cross
component (XY) probe measure the three components of the induced secondary field. The
first pass with the ‘Z’ probe detects any in-hole or off-hole anomalies and gives information on
size, conductivity, and distances to the edge of conductors. The second pass with the ‘XY’
probe measures two orthogonal components of the EM field in a plane oriented at right angles
with the borehole. These results give directional information about the center of the conductive
body.
The Arrowhead Project is mainly covered by the metavolcanites of the Blake River Group.
Strata are oriented east-west and present a subvertical dip. Volcanic and sedimentary rocks
form a series of east -west-trending, steeply dipping monoclinal panels. The sequences are
separated by longitudinal contacts parallel to the lithologies. In the southern part of Joannes
township, the Cadillac Fault runs along an east-west axis over a lateral distance of about 150
kilometres. In the province of Quebec, more than 40 gold deposits that have produced over
60 million ounces of gold in the past hundred years and are associated with this major structure
and its subsidiary faults.*
3043 – 595 Burrard Street, Vancouver, BC Canada V7X 1L7
T (604) 681 -3170, F (604) 681 -3552, [email protected]
www.opawica.com
Figure 1. 3D Borehole Pulse EM system
Derrick Strickland, P. Geo (OGQ No. 35402), independent consultant to the company has
reviewed and approved the technical content of this news release. * The Qualified Person has
been unable to verify the information on t he adjacent properties. 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 and in Central Newfoundland and Labrador. The Company’s management has a
great track rec ord 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 properti es,
and seeking partnerships by either joint venture or sale with industry leaders.
3043 – 595 Burrard Street, Vancouver, BC Canada V7X 1L7
T (604) 681 -3170, F (604) 681 -3552, [email protected]
www.opawica.com
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 reflect management’s current beliefs and are based on
assumptions made by and i nformation 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 govern mental 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.