Opawica Intercepts Visible GOLD IN Hole OP-21-13 at Bazooka Project
1100 – 595 Howe Street, Vancouver, BC Canada V6C 2T5
T (604) 681 -3170, F (604) 681 -3552, [email protected]
www.opawica.com
OPAWICA INTERCEPTS VISIBLE GOLD IN HOLE OP-21-13 AT BAZOOKA
PROJECT
Vancouver, B.C. – February 7th, 2022 - Opawica Explorations Inc. (TSXV: OPW) (FSE: A2PEAD) (OTC:
OPWEF) (the “Company” or “Opawica”) is pleased to provide an update on the continuing maiden diamond
drilling program on the Company’s Bazooka property in the Rouyn Noranda camp of Quebec.
Highlights include:
• From mid-December to date, eighteen (18) holes have been completed on the Bazooka, comprising
3,810 metres. Assays are pending.
• 18 holes targeted the Cadillac shear zone intersected prospective geology with a varying amount
of quartz veining, brecciation and silicification, and quartz stockwork, with associated sulphides.
• Significant flakes of visible gold w ere observed at in a Quartz vein shear zone within a silicified
zone with 10% of black very fine fractured pyrite with trace of arsenopyrite. (See figures below)
• A Quartz vein shear zone was intersected in hole OP -21-13 at a depth of approximately 150.60
metres down the hole.
• This is the Company’s first observation of visible gold in diamond drill core in the Cadillac shear
zone. OP-21-13 was drilled to a depth of 220 metres.
Company President and Chief Executive Officer Blake Morgan commented, “The drilling progress,
encouraging visual geology and the observation of visible gold in the core on the Bazooka Project are an
excellent start to our maiden drill program. We are expediting the logging, core cutting, sampling, and
assaying of the prospective zones. With 21 holes still to be drilled in this initial program, Opawica is very
encouraged with what has been seen so far.”
Bazooka Property
The Bazooka property occurs along one of the most prolific auriferous structures in the world, the Cadillac-
Larder Lake break/fault. The Cadillac -Larder Lake break/fault, in part, marks the boundary between the
Archean Abitibi sub province in the north and the predominantly metasedimentary Pontiac sub province
south of the fault.
Gold mineralization on the pr operty occurs within mixed, up to 60 -metre-wide (estimated true width),
strong quartz-carbonate-sericite and talc-chlorite schists of sedimentary and ultramafic to mafic volcanic
protoliths, respectively, and is referred to as the Main zone. The alteration and mineralization are spatially
associated with the Cadillac-Larder Lake.
The break/fault zone is at the base and is characterized by up to two -metre-wide (estimated true width),
strongly graphitic fault. The graphitic fault generally marks the contact between the sedimentary and
ultramafic metavolcanic rocks.
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Structures and hydrothermal pathways were interpreted using the co -occurrence of selected exploration
criteria in drill hole data. Interpreted prospective panels trend generally east -west with a steep dip to the
north. They are constrained within the northern and southern borders of the Cadillac shear zone, a 150 -
metre-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.
Figure 1 Visible gold in OP-21-13 @ 150.60 m depth
Derrick Strickland, P. Geo (OGQ No. 35402), is the qualified person for Opawica Explorations, and has
reviewed and approved the technical content of this news release.
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 B elt 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 exp loration 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 responsibility for the ade quacy 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 b ased 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 dif fer
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
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metal prices, operating risks, accidents, labor is sues, 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 a vailable 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.