Opawica Identifies 25 High Priority Drill Targets ON Bazooka
3043 – 595 Burrard Street, Vancouver, BC Canada V7X 1L7
T (604) 681-3170, F (604) 681-3552, [email protected]
www.opawica.com
OPAWICA IDENTIFIES 25 HIGH PRIORITY DRILL TARGETS ON BAZOOKA
Vancouver, B.C. – December 14, 2021 - Opawica Explorations Inc. (TSXV: OPW) (FSE:
A2PEAD) (OTC: OPWEF) (the “Company” or “Opawica”) has used the services of GoldSpot
Discovery Corp. (TSXV: SPOT) (OTCQX: SPOFF) (‘GoldSpot’) and applied its proprietary
machine learning techniques to help identify and rank drill targets at the Bazooka Property of the
Abitibi Gold Camp.
GoldSpot has been working closely with Opawica’s technical team to analyze all available
geological data to create high quality multivariate ranked drill targets on the Bazooka Property.
Methodology and Input Data
In collaboration with Opawica, GoldSpot has compiled and integrated various drillhole legacy
datasets, including geological, structural, alteration, mineralogical and geochemical information
which has provided unprecedented insight into Bazooka’s geology. The interpretation of this
updated drillhole database has led to a cohesive 3D model which has facilitated drill targeting for
the upcoming drill program at the Bazooka Property.
New Outlook on Bazooka’s Geology
Structures and hydrothermal pathways were interpreted using the co-occurrence of selected
exploration criteria in drillhole data. Interpreted prospective panels trend generally E-W with a
steep dip to the north. They are constrained within the northern and southern borders of the
Cadillac shear zone, a 150m wide corridor of highly carbonate-chlorite-talc altered and schistosed
ultramafic units, which form a Z-shape asymmetric drag fold in the area of the Bazooka historic
mine.
GoldSpot applied statistics on the updated Bazooka drillhole database. Conditional probabilities
revealed that quartz stockwork zones and carbonate zones are the top gold prospective
environments at Bazooka. These altered geological bodies were modeled (Figure 1) to provide
relevant input for the targeting process.
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Figure 1: Prospective Hydrothermal Zones
Drill Targets
GoldSpot and Opawica generated gold targets using a “Smart Targeting” approach of knowledge-
and AI data-driven methods. The AI data analysis trains machine learning algorithms to predict
the presence of gold, using both numeric and interpreted layers on a 5 m x 5 m x 5m grid cell
stack of layers. The results have outlined 25 zones of high priority drill-ready targets, and
additional targets for general drilling exploration (Figure 2).
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Figure 2: Gold Targeting favourability at the Bazooka project.
Blake Morgan, Chief Executive Officer of Opawica stated, “We have added another 25 drill
targets, which is excellent work from the Opawica team in conjunction with GoldSpot Discoveries
Corp. Now, with a total of 39 High Priority drill targets and more coming, the team is in a great
position for success.”
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.
About GoldSpot Discoveries Corp.
GoldSpot Discoveries Corp. (TSXV: SPOT; OTCQX: SPOFF) is a technology services company
in mineral exploration. GoldSpot is a leading team of expert scientists who merge geoscience and
data science to deliver bespoke solutions that transform the mineral discovery process. In the
race to make discoveries, GoldSpot produces Smart Targets and advanced geological modelling
that saves time, reduces costs and provides accurate results.
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Derrick Strickland, P.Geo. (OGQ No. 35402), is the Qualified Person for Opawica Explorations
Inc. and approves the technical content of this news release.
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.