Opawica Discovers 29.5m Anomalous Gold Zone at Arrowhead
Suite 488 -625 Howe Street, Vancouver, BC Canada V6C 2T6
T (604) 681 -3170, F (604) 681 -3552, [email protected]
www.opawica.com
Opawica Discovers 29.5m Anomalous Gold Zone at Arrowhead
Vancouver, B.C. – November 15 th, 2022 – Opawica Explorations Inc. (TSXV: OPW) (FSE:
A2PEAD) (OTC: OPWEF) (the “Company” or “Opawica”) is pleased to announce positive drill
results on its wholly owned Arrowhead Property.
Opawica’s inaugural drill program on the Arrowhead was designed in collaboration with Goldspot
who used integrated and reinterpreted data sets (geochemical, geophysical, geological) to create
drill targets. As a result, Opawica was provided with a cohesive and informed geoscientific
interpretation in efforts to help facilitate drill targeting on the Arrowhead property. The Company
completed 4,306m of drilling over 14 drill holes on the Arrowhead and sent 1,590 rock samples
for assay, representing 1,847 linear metres for analysis (See Table 1). The 14 drill holes were
completed on 11 setups and tested 13 drill targets (See Table 2). As result the are nine target
zones that were not tested during this drilling campaign.
Eleven drill holes intercepted gold zones assaying greater than 1.5 g/t along a stratigraphic strike
length of 1km (See Map 1). Three of these gold zones are within anomalous gold zones of 29.5m,
8.1m and 8.5 m. The gold zones are within two settings: a) shear zones containing quartz -
carbonate-tourmaline veins with pyrite within basalt or mafic tuff, b) felsic tuff with quartz -
tourmaline vein and pyrite:
• Hole AR-22-01: 18.7 g/t Au over 0.35m from 90.0 to 90.35m with 0.72% Cu, white
quartz veins with 5% of pyrite and 1% chalcopyrite in clusters of 1 centimeter near
both contacts. Some trace of gold before and after from 86 to 96m.
• Hole AR-22-02: 1.58 g/t Au over 0.6m from 93.6 to 94.2m, quartz -tourmaline vein at
600 core angle
• Hole AR -22-03: 1.70 g/t Au over 1.0m from 251.5 to 252.5m, felsic tuff with 40%
quartz-chlorite-tourmaline veins and trace of pyrite. Trace of gold before and after
from 250.5 to 254.0m.
• Hole AR-22-04: 1.52 g/t Au over 14.8 m from 131.6 to 146.4 m, felsic lapilli tuff border
by well silicified mafic tuff, both containing 5 to 30% quartz veining, 1 to 5% pyrite and
some clusters of pyrrhotite. Trace of gold before and after from 129.9 to 159.4m.
• Hole AR-22-05: 2.48 g/t Au over 0.45m from 191.75 to 192.2m, 45% sheared quartz
vein at 60 core angle with wall rock of chlorite and 1% pyrite. Trace of gold be fore
from 190.5m.
• Hole AR -22-05: 1.13 g/t Au over 0.25 m from 229.25 to 229.5 m, 15% quartz -
tourmaline vein at 45 core angles with wall rock containing 1% pyrite. Trace of gold
after true 232.1m.
• Hole AR-22-06: 1.47 g/t Au over 1.7 m from 77.0 to 78.7m, quartz-tourmaline vein with
1% pyrite. Trace of gold and copper before and after from 75.0 to 81.0m.
- 2 -
• Hole AR-22-06: 1.44 g/t Au over 0.8m from 113.7 to 114.5 m, quartz -tourmaline vein
at 60 core angle with 0.5% pyrite.
• Hole AR-22-06: 3.21 g/t Au over 1.4m from 120.4 to 121.8m, quartz -tourmaline vein
with 3% pyrite. Trace of gold and copper between the previous gold zone at 113.7 to
this zone at 121.8m for a total anomalous gold zone of 8.1m.
• Hole AR-22-07: 1.21 g/t Au over 4.5m from 211.5 to 216.0m, quartz -tourmaline vein
within mafic tuff and trace of pyrite and pyrrhotite.
• Hole AR-22-08: 0.85 g/t Au over 3.5m from 211.0 to 214.5m, quartz -tourmaline vein
at 30 core angle within mafic tuff and trace of pyrite and pyrrh otite. Trace of gold
before and after from 207.0 to 215.5m for a total anomalous gold zone of 8.5m.
• Hole AR-22-09: 2.32 g/t Au over 1.0m from 121.0 to 122.0m, 4.5% quartz vein at 45
core angle with 3% pyrite and 3% pyrrhotite. Trace of gold before and after from 119.8
to 123.0m
• Hole AR-22-10: 2.29 g/t Au over 1.3m from 118.5 to 123.8m, brecciated quartz vein at
45 core angle with pyrite and pyrrhotite. Trace of gold before and after from 119.8 to
125.0m.
• Hole AR-22-14: 1.52 g/t Au over 0.6m from 147.5 to 148.1m, sheared basalt at 30 core
angle with 30% quartz vein and 3% pyrite.
• Hole AR-22-14: 3.91 g/t Au over 1.0m from 154.0 to 155.0m, silicified basalt with 3cm
quartz vein at 5 degrees core angle containing less than 1% pyrite. Trace of gold
before and after from 153.0 to 157.0m.
The Arrowhead Project mainly covers metavolcanites of the Blake River Group. Strata are
oriented E-W and present a sub-vertical dip. Volcanic and sedimentary rocks form a series of E-
W 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 E-W axis over a lateral distance of about 150km. In the Province of Quebec, more
than 40 gold deposits have produced over 60 million ounces of gold in the past hundred years
and are associated with this major structure and its subsidiary faults.
Historical holes intercepted 40 mineralized zones, mostly in gold, but some in copper and zinc.
These mineralized intercepts enhance the property’s potential for four types of mineralization:
• Gold-rich volcanogenic massive sulphide (gold-rich VMS) deposits, like the Bousquet #2
and LaRonde mines,
• Volcanogenic massive sulphide (VMS) deposits, like at the Louvicourt mine,
• Gold-rich polymetallic veins, similar to the Doyon and Mouska gold mines,
• Quartz-carbonate auriferous veins associated with regional E-W trending faults and shear
zones, like at the O'Brien, Kewagama, Central-Cadillac, Wood-Cadillac and Lapa mines.
A follow up program consisting of induce polarization (IP) survey should help define mineralized
zones which will be targets for pursuing the follow up drill program.
- 3 -
Blake Morgan, President of Opawica stated “Now that the Opawica team has the Arrowhead
assays we can move towards a n aggressive phase two drill program. With all the new data we
have acquired, our geological team is gathering a greater understanding of the system. Open in
all directions and most importantly to depth, this story has just begun. With our successful maiden
drill program, based on modelling , our system is developing very similar to Agnico Eagles multi
million-ounce La Rhonde Gold Mine right next door."
Table 1: Drill Results
Hole Name From To Length (m) Au g/t Hole Name From To Length (m) Au g/t
AR-22-01 90.0 90.4 0.4 18.70 AR-22-06 77.0 78.7 1.7 1.47
AR-22-02 93.6 94.2 0.6 1.58 Including
77.0 77.8 0.8 1.07
AR-22-03 251.5 252.5 1.0 1.70 77.8 78.7 0.9 1.83
AR-22-04 131.6 146.4 14.8 1.52 AR-22-06 113.7 114.5 0.8 1.44
Including
131.6 132.8 1.2 3.82 AR-22-06 120.4 121.8 1.4 3.21
132.8 133.6 0.8 0.07
Including
120.4 120.9 0.5 3.76
133.6 134.1 0.5 2.33 120.9 121.3 0.4 0.04
134.1 134.8 0.7 0.06 121.3 122.8 1.5 5.18
134.8 136.0 1.2 0.37 AR-22-07 211.5 216.0 4.5 1.21
136.0 137.1 1.1 1.00
Including
211.5 213.0 1.5 0.50
137.1 138.0 0.9 0.42 213.0 213.9 0.9 2.83
138.0 139.1 1.1 0.10 213.9 214.7 0.8 0.84
139.1 140.1 1.0 1.06 214.7 216.0 1.3 1.15
140.1 141.1 1.0 0.06 AR-22-08 211.0 214.5 3.5 0.85
141.1 141.5 0.4 0.97
Including
211.0 211.5 0.5 1.49
141.5 142.4 0.9 0.93 211.5 212.0 0.5 0.17
142.4 143.3 0.9 0.81 212.0 212.5 0.5 0.80
143.3 143.9 0.6 11.77 212.5 213.0 0.5 0.03
143.9 144.2 0.3 6.88 213.0 213.5 0.5 1.38
144.2 145.3 1.1 2.03 213.5 214.0 0.5 1.29
145.3 146.4 1.1 1.07 214.0 214.5 0.5 0.80
AR-22-05 191.8 192.2 0.5 2.48 AR-22-09 121.0 122.0 1.0 2.32
AR-22-05 229.3 229.5 0.3 1.13 AR-22-10 123.5 123.8 1.3 2.29
AR-22-14 147.5 148.1 0.6 1.52
AR-22-14 154.0 155.0 1.0 3.91
Assay results are presented as uncut weighted averages. Interval widths represent drilled NQ
core lengths and true width is unknown currently. The balance of the drill results gave negligible
values.
Assay samples were analyzed at ALS Chemex lab of Rouyn-Noranda, 165 Rue Jacques-Bibeau,
Quebec (an ISO/IEC 17025:2005 accredited facility). The sampling program was undertaken by
Company personnel under the direction of Mr. Yvan Bussieres, P.Eng., A secure chain of custody
- 4 -
was maintained in transporting and storing of all samples. The rock samples underwent fire
assays, 1E3 - Aqua Regia – ICPOES and select samples underwent gravimetries.
Samples of mineralization were taken at 0.5 -to-1.5-meter intervals, with sample intervals being
adjusted to respect lithological and/or mineralogical contacts and isolate narrow veins or other
structures that may yield higher grades. The core was split in two separate sections. One half of
the core, the other half is sent for analysis.
One half of the sampled intervals were bagged and tagged with one of the dual sample tags. The
individual sample bags were sealed and placed into rice bags and marked with the contents. The
samples were delivered in batches in January to Techni-Lab Abitibi Inc. (Actlabs) Ste-Germaine-
Boule Quebec, for processing, crushing, pulverizing and analysis.
The Quality Assurance and Quality Control or QA/QC protocols were as follows: A blank sample
was inserted at samples ended by the number 10, 30, 70 and 90 in the sample sequence – a
blank sample usually consisted of white ¾ inch rock that is known not to contain any metals. A
low-grade rock standard was inserted at samples ended by the number 50, in the sample
sequence. A high-grade rock standard was inserted at samples ended by the number 00, in the
sample sequence
Drill Hole Easting* Northing* Azimuth Dip Depth (m)
AR-22-01 672377 5349374 205 -62 303
AR-22-02 672377 5349374 168 -69 303.3
AR-22-03 672226 5349477 180 -50 345
AR-22-04 671951 5349429 187 -55 270
AR-22-05 671951 5349429 160 -55 309
AR-22-06 672049 5349353 185 -50 198
AR-22-07 672102 5349353 185 -55 273
AR-22-08 672102 5349438 185 -55 294
AR-22-09 671850 5349449 170 -50 249
AR-22-10 671757 5349391 180 -50 195
AR-22-11 673987 5348801 175 -50 447
AR-22-12 674228 5348811 175 -50 468.35
AR-22-13 673152 5349058 360 -60 300
AR-22-14 673152 5349169 145 -55 351
*Coordinates in UTM NAD83 Zone 17 4305.65
Table 2 Drill Hole Locations
- 5 -
Map 1
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 Newfoundland and Labrador. The Company's management has a great 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.
Opawica's Arrowhead property lies in Blake River Group metavolcanites similar to those of large
gold mines to the east, such as Mouska (7.9 km), MicMac (9.0 km), Mooshla (10.0 km) and Doyon
(11.3 km).
Yvan Bussieres, P.Eng., OIQ #31985, has reviewed and approved the technical content of this
news release. * The Qualified Person has been unable to verify the information on the 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.
- 6 -
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
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.