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OPW.V ·

Opawica Drills Bazooka’S 14 High Priority Targets

Exploration Programs

3043 – 595 Burrard Street, Vancouver, BC Canada V7X 1L7

T (604) 681-3170, F (604) 681-3552, [email protected]

www.opawica.com

OPAWICA DRILLS BAZOOKA’S 14 HIGH PRIORITY TARGETS

Vancouver, B.C. – December 16, 2021 - Opawica Explorations Inc. (TSXV: OPW) (FSE:

A2PEAD) (OTC: OPWEF) (the “Company” or “Opawica”) has commenced drilling the 14 recently

identified high property gold targets at the Bazooka Property situated in the Abitibi Gold Camp.

The drill program will consist of up to 14 drill holes with depths of up to 400 meters to test for gold

mineralization associated with the Cadillac Larder Lake break and its related stratigraphy.

Blake Morgan, Chief Executive Officer of Opawica stated, “We have now started drilling. With 39

high priority drill targets identified and the potential of additional targets developing, the Bazooka

drill campaign is getting very exciting. We look forward to getting our assays back as soon as

possible, so we can relay the news to our shareholders.”

The Bazooka Property occurs along one of the most prolific auriferous structures in the world, the

Cadillac-Larder Lake Break/Fault. The Cadillac-Larder Lake Break/Fault, in part, marks the

boundary between the Archean Abitibi sub-province in the north and the predominantly

metasedimentary Pontiac sub-province south of the fault.

Gold mineralization on the Property occurs within mixed, up to 60m wide (estimated true width),

strong quartz-carbonate-sericite and talc-chlorite schists of sedimentary and ultramafic to mafic

volcanic protoliths, respectively, and is referred to as the Main Zone. The alteration and

mineralization are spatially associated with the Cadillac-Larder Lake.

The Break/Fault zone is at the base and is characterized by up to 2.0m wide (estimated true

width), strongly graphitic fault. The graphitic fault generally marks the contact between the

sedimentary and ultramafic metavolcanic rocks.

The Main Zone is characterized by strong to intense quartz-carbonate-sericite and talc-chlorite-

carbonate+/-quartz alteration, is generally mineralized with trace to 3% pyrite+arsenopyrite+/-

chalcopyrite+/- pyrrhotite and locally contains fine specks of free gold in narrow quartz

veins/stringers and highly silicified rocks. Patchy to locally pervasive fuchsite alteration (weak to

strong) often accompanies the quartz-sericite-carbonate alteration. Quartz-tourmaline veins occur

locally both within and adjacent to the Main Zone.

Derrick Strickland, P.Geo. (OGQ No. 35402), is the Qualified Person for Opawica Explorations

Inc. and approves the technical content of this news release. *The qualified person has not verified

the information on Abitibi greenstone belt. Mineralization hosted on adjacent and/or nearby and/or

geologically similar properties is not necessarily indicative of mineralization hosted on the

company's properties.

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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

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.