Opawica Explorations Announces Drill Program as Remarkable Geology Supports 20,000 Meters Drilling

Opawica Explorations Announces Drill Program as

Remarkable Geology Supports 20,000 Meters Drilling

February 11, 2025 – Vancouver, B.C. – Opawica Explorations Inc. (TSXV: OPW) (FSE:

A2PEAD) (OTCQB: OPWEF) (the “Company” or “Opawica”), a Canadian mineral exploration

company focused on precious and base metal projects in the Abitibi gold belt, today announces

plans for an extensive drill program starting on its Bazooka Property (“Bazooka”) in the Abitibi

Gold Belt.

Currently 45 drill targets have been developed in collaboration with ALS GoldSpot Discoveries

Ltd and Opawica Explorations Inc. for the Bazooka and Arrowhead Properties. The team

integration of vast amount drill data, including geological, structural, alteration, mineralogical,

geochemical, and Televiewer data information has provided which have provided a deeper

insight the geology on both Projects. The data to date supports a 20,000-meter drill program.

Quebec is globally recognized as a premier jurisdiction for mineral exploration and extraction.

Consistently ranked among the top mining-friendly regions by the Fraser Institute, Quebec

boasts a strong natural resource-based economy with a rich history in mining and mineral

processing.

The Abitibi Gold Belt hosts several major gold producers, from world-renowned producing gold

and industrial metal majors to junior explorers. While renowned for its rich gold mining history,

the belt has yielded over 300 million ounces of silver, 15 billion tons of copper, and 35 billion

tons of zinc from its base metal mines. (Visual Capitalist website).

Tier-1 Gold Producers Surround the Bazooka and Arrowhead Properties

Established in 1957, Agnico is one of the region’s largest gold producers, with key operations at

the LaRonde, Goldex, and Canadian Malartic mines. LaRonde, one of Canada’s largest gold

mines, has produced over 5 million ounces of gold, while Agnico’s 50% stake in Canadian

Malartic (fully acquired in 2023) solidifies its dominance in the region.

In 2022, Agnico Eagle Mines Ltd. completed a $13.5 billion merger with Kirkland Lake Gold,

consolidating major assets in the belt—including the high-grade Macassa Mine and Detour Lake

Mine. Agnico Eagle further expanded in 2023 by acquiring Yamana Gold Inc.’s 50% stake in the

Canadian Malartic Mine, gaining full ownership, while other Yamana assets were acquired by

Gold Fields Ltd.

Newmont Corporation, the world’s largest gold producer, strengthened its foothold in the region

with the 2019 acquisition of Goldcorp Inc. for $10 billion. The acquisition included key Canadian

assets such as the Porcupine Gold Mines in Timmins, Ontario. In addition, Hecla Mining

expanded its Canadian footprint in 2022 through the acquisition of Alexco Resource Corp,

primarily focused on silver but with future potential for gold exploration.

The region remained active for acquisition activity last year, with Quebec-based explorer

Yorbeau Resources Inc. agreeing to sell its flagship Rouyn gold property to Lac Gold Pty Ltd.

C$25 million. The Rouyn property spans a 12-km section of the Cadillac-Larder Lake Break, a

major fault zone in Quebec’s Abitibi region, covering nearly 27 km².

To date, Opawica has only drilled and explored 15% of the Bazooka project, leaving 85%

still untouched. Historically, the explored portion of Bazooka has yielded high-grade drill

intercepts ranging from 7.5 grams per ton (gpt) Au over 25.77m and reaching up to

316.23 gpt over a 1-meter section in Hole #BA-03-02A.

As gold prices continue to rise and new discoveries are made, the jurisdiction-friendly Abitibi

Gold Belt is expected to remain one of the world’s top gold-producing regions. Opawica aims to

capitalize on favorable price fundamentals by unlocking Bazooka’s gold mineralization potential

through this new drill campaign.

Yvan Bussieres, P.Eng., 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.

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. 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: 236-878-4938

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.sedarplus.ca. 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.