OPW:CC - Opawica Mobilizes Crew to Arrowhead 5000 Meter Drill Program
(TheNewswire)
Vancouver, B.C. - TheNewswire- April 21, 2022 - Opawica Explorations Inc.(TSXV:OPW) (FSE:A2PEAD) (OTC:OPWEF) (the “Company” or“Opawica”) is mobilizing a crew to the Arrowhead Property to startits maiden 5,000-meter drill program.
Blake Morgan, Chief Executive Officer of Opawicastated: “As we eagerly await our assays from our Bazooka project,the Opawica team is mobilizing for its maiden 5,000m drill program onthe Arrowhead Property. Our team is excited to begin drilling onanother flagship asset and we look forward to sharing the results withour shareholders as they come in.”
One of the most prolific gold mining sections* of theCadillac Fault lies immediately east of the Arrowhead Project. Mostore bodies* of the area plunge steeply to the west. The apparentplunge of the gold-bearing zones may serve as a guide for deepexploration below known showings and gold deposits situated along andaround the Cadillac Fault. The Arrowhead Project lies in Blake RiverGroup metavolcanites like those of large gold mines to the east, suchas Mouska (7.9 km), * MicMac (9.0 km) *, Mooshla (10.0 km) * and Doyon(11.3 km). *
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 areassociated with this major structure and its subsidiary faults.
First prospecting started in 1920 on the major shearzone located in the northern part of the property. In 1926 theexploration works consisted of prospecting, pitting, trenching anddiamond drilling, mainly to test two shear zones containingquartz-carbonate veins with free gold. Gold values of up to 45.05 g/twere obtained over appreciable widths. Two main veins, designed as"A" and "B", were explored. This work led tounderground exploration that started in 1936. A three-compartmentsshaft was sunk to a depth of 154m. Levels were established at depthsof 60.96m (200 ft), 106.68m (350 ft) and 152.40m (500 ft). Driftingand crosscutting were carried out on all three levels on the"A" and "B" veins.
Derrick Strickland, P.Geo., (OGQ No. 35402), is theQualified Person for Opawica Explorations Inc. and approves thetechnical content of this news release. *The Qualified Person has notverified the information on Abitibi greenstone belt. Mineralizationhosted on adjacent and/or nearby and/or geologically similarproperties is not necessarily indicative of mineralization hosted onthe company's properties.
Figure 1 Properties
About Opawica Explorations Inc.
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.
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