Opawica Identifies 20 High Priority Drill Targets on its Bazooka Property in the Abitibi Gold Belt
Opawica Identifies 20 High Priority Drill Targets on its
Bazooka Property in the Abitibi Gold Belt
Vancouver, B.C. – The Newswire – November 5th 2024 - Opawica Explorations Inc.
(TSXV:OPW) (FSE:A2PEAD) (OTC:OPWEF) (the “Company” or “Opawica”) is pleased to
announce that is has identified high-priority drill targets at its Bazooka Property (“Bazooka”) in
the Abitibi Gold Belt using the advanced artificial intelligence services of ALS GoldSpot
Discoveries Ltd (“Goldspot”). Specifically, GoldSpot and Opawica identified gold targets using a
"Smart Targeting" approach, which leverages AI-driven methods along with 2021 and 2022
drilling and downhole Televiewer data.
The 20 drill targets identified at Bazooka total approximately 10,000 meters of drilling data.
Using the Televiewer data the Company was able to identify four possible mineralized vein and
schistosity structures that are striking northeast, west northwest, southwest and north-
northwest. This resulted in the identification of two main families of mineralized veins, Family A
and Family B. Family A veins predominantly strike at N042º and dip at 35º-40º, while Family B
veins strike at N230º and dip at approximately 63º.
In one scenario, Family A and Family B represent an extension of veins and shear veins,
respectively, in a shear-hosted gold mineralization setting. In another scenario, late northeast-
striking brittle deformation is responsible for the northeast orientation of Family A, possibly
indicating that the Family A and Family B veins were rotated along the northeast-striking
deformation corridor.
The newly collected data was organized into thirteen wireframes,
modeled using selected gold values over 0.2 g/t Au composites
across four meters. This resulted in a structural model and trend
that serves as the basis for the 2024 drill targets.
“Our team is excited to leverage AI technology to optimize our
ability to target known mineralization targets on Arrowhead,” said
CEO Blake Morgan. “By integrating cutting-edge machine
learning with traditional exploration methods, we’re able to
uncover opportunities with greater precision, thus increasing the
probability of a major discovery. We already have some serious
high grade on the asset as the table shows. The company feels
this drill program could really showcase to the market that we’re
on to something significant.”
GoldSpot Discoveries Corp. is a Canadian company recognized as a global leader in artificial
intelligence and data science who are using AI to transform the mineral discovery process.
Staffed by Geoscience and Data Science experts, GoldSpot provides geological consulting
services and software augmented by AI.
Mr. Yvan Bussieres, P.Eng., 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 the 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.
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.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.