Opawica Completes Gold Grains in Till Sampling on Newfoundland Projects
11 00 – 595 Howe Street, Vancouver, BC Canada V6 C 2T5
T (604) 681 -3170, F (604) 681 -3552, [email protected]
www.opawica.com
Opawica Completes Gold Grains in Till Sampling on Newfoundland Projects
Vancouver, B.C. – October 19th, 2021 - Opawica Explorations Inc. (TSXV: OPW) (FSE:
A2PEAD) (OTC: OPWEF) (the “Company” or “Opawica”) is pleased to announce it s crew has
completed Gold Grains in Till Sampling and prospecting program on all its Newfoundland
projects; Chapel Island, Density, Eclipse, Mass, and Little d’Espoir Lake Property
Blake Morgan, chief executive officer of Opawica stated, “I like what our team has done by
chasing up gold grains in remote untested areas. When the results come in, I am confident that
the team will have discovered new areas with gold grains in till.”
The Company collected a total of 121 regional gold in grain till samples on all its Newfoundland
Properties. The program was designed by Opawica to sample untested areas and augment the
understanding of gold grain distribution in the region. The Company engaged the services of a
helicopter to access ar eas of the properties which were previously inaccessible and permitted
field crews to sample difficult to reach areas.
At each sample site , one 2-5 kg till sample was collected for gold grain analysis. At the same
location soil samples were also taken. During the program, 12 rocks samples were also collected
and submitted for assay.
The 121 till samples have been submitted for gold grain analysis at Overburden Drilling
Management (“ODM”) in Ottawa. ODM specializes in heavy minerals extraction and gold grain
analysis. All soil and rock samples were shipped to Activation Laboratories Ltd. in Ancaster,
Ontario for analysis. Activation Laboratories Ltd. is ISO/IEC 17025 accredited by the Standards
Council of Canada.
The wholly owned Opawica project areas cover mor e than 217 square kilometres along and
between the Red Indian Line and the Valentine Lake shear zone in the central gold belt of
Newfoundland. The Company's prospective holdings extend for more than 50 km along the
central gold belt, which is a northeast-trending structural zone extending across Newfoundland.
Derrick Strickland, P. Geo (1000315), is the qualified person for Opawica Explorations, and has
reviewed and approved the technical content of this news release.
The Company has engaged Bello Capital Partners ( “Bello”) to provide strategic digital media
services to increase public awareness of and interest in the Company, its management and its
securities by co-ordinating certain investor relations and corporate public relations with members
of the investment community, the financial media and the general public. Under the terms of the
agreement, Bello will provide a combination of content development, web development, media
buying and distribution, and campaign reporting at a total cost of $500,000 CA D over a six-
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month period. Bello is arm's length to the Company and does not currently own any securities of
the Company.
Bello Capital Partners is a full -service capital markets advisory firm based in Vancouver, BC,
that specializes in marketing publicly listed companies in North America and Europe.
Grant of Stock Options
The Company has granted 200,000 incentive stock options exercisable at $0.34 per share until
October 19, 2024, to directors, officers, and consultants of the Company . The stock options are
subject to the acceptance of the TSX Venture Exchange.
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 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: 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 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
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not limited to, market conditions, availability of financing, a ctual 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 fo rward-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.