Opawica Identifies High Priority Drill Targets ON Arrowhead

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

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

www.opawica.com

OPAWICA IDENTIFIES HIGH PRIORITY DRILL TARGETS ON ARROWHEAD

Vancouver, B.C. – March 30, 2022 - Opawica Explorations Inc. (TSXV: OPW) (FSE: A2PEAD)

(OTC: OPWEF) (the “Company” or “Opawica”) using the services of GoldSpot Discovery Corp.

(TSXV: SPOT; OTCQX: SPOFF) (‘GoldSpot’) in applying its proprietary machine learning

techniques within a strong geoscientific framework is helping to identify and rank drill targets at

the Arrowhead Property of the Abitibi Gold Camp.

GoldSpot has been working closely with Opawica’s technical team to analyze all available

geological data and create high quality multivariate ranked drill targets in the Arrowhead Property.

Methodology and Input Data

GoldSpot has compiled and integrated various drillhole legacy datasets, including geol ogical,

structural, alteration, mineralogical and geochemical information which have provided an

unprecedented insight into Arrowhead ’s geology. The interpretation of this updated drillhole

database led to a cohesive 3D model – geological model, fault network, and ore body model which

has provided the foundation for a drilling exploration strategy at Arrowhead Property.

Key Exploration features & Gold Targeting

GoldSpot and Opawica interpreted a series of east -trending, mainly subvertical, mineralized

panels, crosscut and displaced by a late northeast-trending brittle fault. The western and eastern

panels extend over a distance of 500 m and 200 m respectively, while depth remains open.

Quantitative assessment of gold favourability relative to the geologi cal units, using conditional

probabilities, highlighted a primary interest of the felsic tuff and intermediate volcanic rocks. These

units are commonly spatially distributed in the vicinity of the mineralized panels.

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 5m x 5m x 5m grid cell stack

of layers. The integrated results have outlined 20 zones of high priority drill ready targets and

additional targets for general exploration drilling.

Blake Morgan, Chief Executive Officer of Opawica stated, “The team at Opawica is thrilled to have

developed these new targets. Opawica’s maiden drill program on the Arrowhead is scheduled to

commence in the near future.”

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 succe ssful exploration projects. The Company’s

objective is to increase shareholder value through the development of exploration properties using

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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 p rocess. In the

race to make discoveries, GoldSpot produces Smart Targets and advanced geological modelling

that saves time, reduces costs and provides accurate results.

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

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.