Opawica Engages Drill Contractor FOR 14 High Priority Targets ON Bazooka Property, Quebec
3043 – 595 Burrard Street, Vancouver, BC Canada V7X 1L7
T (604) 681 -3170, F (604) 681 -3552, [email protected]
www.opawica.com
OPAWICA ENGAGES DRILL CONTRACTOR FOR 14 HIGH PRIORITY TARGETS
ON BAZOOKA PROPERTY, QUEBEC
Vancouver, B.C. – November 30th, 2021 - Opawica Explorations Inc. (TSXV: OPW) (FSE:
A2PEAD) (OTCQB: OPWEF) (the “Company” or “Opawica”) announces that further to
the Company’s news release of November 24th, 2021, the Company has engaged the
services of a Forage DCB Drilling of Rouyn-Noranda to undertake a minimum of 3,000
meters of drilling on the Bazooka Property.
Blake Morgan, Chief Executive Officer of Opawica stated, “The team at Opawica is thrilled
to begin drilling on the Bazooka Property. Historically the Bazooka Property has hosted
some exciting gold grades and we are looking forward to expanding on that.”
Significant gold mineralization has been established on the Bazooka property from near
surface to approximately 250 metres vertical depth during past drill programs completed
on the property by previous owners. In 1944, Siscoe intersected an interval of 5.79 metres
of 77.18 g/t Au (true width unknown); with historical drill intercepts ranging from narrow
and intermittent anomalous gold. In 1981, Soquem reported values of up to 7.50 metres
of 25.77 g/t Au; and in 2003 Lake Shore Gold Corp. intercepted 1.25 metres of 94.11 g/t
Au; and RT Minerals Corp. intersected values of up to 17 metres of core length at 7.86
g/t Au, including 7.20 metres of 16.77 g/t Au . These recent intervals are estimated at
approximately 85% to 93% true widths. This gold mineralization is known to exist within
50 metres on strike to the gold mineralization on the Yorbeau property and for a current
strike len gth on Opawica’s Bazooka property and optioned Bazooka property for
approximately seven kilometres.
Opawica’s drill program is designed to test the depth extension of the mineralized zone
of the underground works. In 1951-52, Eldona Gold Mine sank a shaft of 125 m and at
level -114 m and 634 m of drifts were developed and reached the fold nose feature of the
Cadillac Larder Lake Break (“CLLB”) . Four mineralized gold zones were outlined as
follows: “ Average of back panel samples grading 0.31 oz over 15.0 fee t, average of
back panel samples grading 0.55 oz over 3.5 f eet by 69 feet long, average of back
panel samples grading 0.06 oz over 5.3 feet by 60 feet long and channel samples
grading 0.21 oz (over a drift section of 10 feet)” , (extract from technical report filed on
Sedar on April 28, 2016).
Derrick Strickland, P.Geo. (OGQ No. 35 402), 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, Yamana and Wasamac
gold resources . 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 responsi bility 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 acti vities,
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 qu alified 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.