OPW:CC - OPAWICA Commences Maiden 5000m Drill Program at Arrowhead

May, 05 2022 08:30 AM Opawica Explorations Inc.

(TheNewswire)

Vancouver, B.C. – TheNewswire - May 5 th , 2022 - Opawica Explorations Inc.(TSXV:OPW) (FSE:A2PEAD) (OTC:OPWEF) (the “Company” or“Opawica”) announces that further to the news release of April 21,2022, the Company has commenced drilling on the ArrowheadProperty.

Arrowhead Property highlights:

Planned 5,000 meters of drilling on 20 targets over 15configurations;
Hosts a historical channel sample of 90.45 grams pertonne (g/t) gold (Au) over one meter;
Reports of native gold to occur in relatively smallshoots;
Located in the Rouyn-Noranda region of the goldproducing Abitibi gold belt;
Volcanogenic massive sulphide (VMS) gold-richpolymetallic/quartz-carbonate auriferous veins potential; and
The project is surrounded by Agnico Eagle Mines Ltd.(TSX: AEM).

Blake Morgan, Chief Executive Officer of Opawicastates, “The Opawica team is thrilled to begin our maiden drillprogram on the Arrowhead Project. The Company is well funded and ableto quickly move to a “phase two” drill campaign as the resultsmerit. The assays from the recently completed Bazooka Property drillprogram are still pending due to lab staffing delays. The lab haspromised to provide the assays to Opawica in the near term, and welook forward to disseminating the results out to our shareholders assoon as possible.”

Historical drill holes on Arrowhead completed bySOQUEM, Groupe Minier O and Agnico-Eagle intercepted 40 mineralizedzones, and were mostly mineralized with gold, although some zonesreported copper and zinc. These previously mineralized interceptsenhance the property's potential for the following types ofmineralization:

Gold-rich VMS deposits;
VMS deposits, similar to the Louvicourt mine;
Gold-rich polymetallic veins, like at the Doyon andMouska gold mines;
Quartz-carbonate auriferous veins associated withregional east-west-trending faults and shear zones, like at theO'Brien, Kewagama, Central-Cadillac, Wood-Cadillac and Lapamines.

The Arrowhead Project is mainly covered by themetavolcanites of the Blake River Group. Strata are oriented E-W andpresent a sub-vertical dip. Volcanic and sedimentary rocks form aseries of E-W trending, steeply dipping monoclinal panels. Thesequences are separated by longitudinal contacts parallel to thelithologies. In the southern part of Joannes Township, the CadillacFault runs along an E-W axis over a lateral distance of about 150 km.In the Province of Quebec, more than 40 gold deposits that haveproduced over 60 million ounces of gold in the past hundred years andare associated with this major structure and its subsidiaryfaults*.

First prospecting on the Arrowhead started in 1920 onthe major shear zone located in the northern part of the property. In 1926, the exploration works consisted of prospecting, pitting,trenching and diamond drilling, mainly to test two shear zonescontaining quartz-carbonate veins with free gold. Gold values of up to45.05 g/t were obtained over appreciable widths. Two main veins,designed as "A" and "B", were explored. This workled to underground exploration that started in 1936. Athree-compartments shaft was sunk to a depth of 154m. Levels wereestablished at depths of 60.96m (200 ft), 106.68m (350 ft) and 152.40m(500 ft). Drifting and crosscutting were carried out on all threelevels on the "A" and "B" veins.

The 609.60-metre diamond drilling program carried outin 1929 returned several gold intersections, the highest grading 13.44g/t Au over three metres. On surface, the A vein was traced over152.40 metres and gold values of up to 90.45 g/t Au (channel sampling)were obtained over one metre.

Click Image To View Full Size

Figure 1 Drill hole locations

Derrick Strickland, PGeo, (OGQNo. 35402) is the qualified person for OpawicaExplorations and approves the technical content of this news release.*The qualified person has not verified the information on the Abitibigreenstone belt. Mineralization hosted on adjacent and/or nearbyand/or geologically similar properties is not necessarily indicativeof mineralization hosted on the company's properties.

About Opawica ExplorationsInc.

Opawica Explorations Inc. is a junior Canadianexploration company with a strong portfolio of precious and base metalproperties within the Rouyn-Noranda region of the Abitibi Gold Belt inQuébec and in Central Newfoundland and Labrador. The Company’smanagement has a great track record in discovering and developingsuccessful exploration projects. The Company’s objective is toincrease shareholder value through the development of explorationproperties using cost effective exploration practices, acquiringfurther exploration properties, and seeking partnerships by eitherjoint 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 RegulationService Provider (as the term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy of accuracyof this news release.

Forward-Looking Statements

This news release contains certain forward-lookingstatements, which relate to future events or future performance andreflect management’s current expectations and assumptions. Suchforward-looking statements reflect management’s current beliefs andare based on assumptions made by and information currently availableto the Company. Readers are cautioned that these forward-lookingstatements are neither promises nor guarantees, and are subject torisks and uncertainties that may cause future results to differmaterially from those expected including, but not limited to, marketconditions, availability of financing, actual results of theCompany’s exploration and other activities, environmental risks,future metal prices, operating risks, accidents, labor issues, delaysin obtaining governmental approvals and permits, and other risks inthe mining industry. All the forward-looking statements made in thisnews release are qualified by these cautionary statements and those inour continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof andthe Company does not assume any obligation to update or revise them toreflect new events or circumstances save as required by applicablelaw.

Company Name:	Opawica Explorations Inc.
Stock Symbol:	OPW:CC
Market:	TSXVC
Website:	opawica.com

Twitter