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Opawica Exploration Inc Announces a Conceptual Exploration Target

Source: TheNewsWire

(TheNewswire)

VANCOUVER, B.C. – TheNewswire- October 16th, 2025 - Opawica Explorations Inc.(TSXV: OPW) (OTC: OPWEF) (FRA: OE5) (the “Company” or“Opawica”) is pleased is exploring for a Conceptual ExplorationTarget at its Bazooka Property, strategicallylocated along the world-renowned Cadillac-Larder Lake Break (CLLB) — one ofthe most prolific gold-bearing structures globally.

The Bazooka Property is adjacent to Yamana Gold’s Wasamac Project 1 , gold resource of, and lies within a district activelyexplored by major producers including Agnico Eagle Mines .This region continues to demonstrate potential for great grade golddiscoveries.

Exploration Target Overview

The Company is exploring for a Conceptual Exploration Target of:

  • 10 to 40 million tonnes

  • Grading between 0.9 to 1.45 grams pertonne (g/t) gold

This exploration target is based on current geologicalunderstating and historical drilling, which includes 210 drill holes totalling 51,219meters 6 . The known mineralization is hosted within a60-meter-wide zone of quartz-carbonate-sericite and talc-chlorite schists , referred to as the Main Zone , and is spatially associated with astrongly graphitic fault marking the contact between sedimentary andultramafic metavolcanic rocks.

The potential quantity and grade of this ExplorationTarget are conceptual innature . There has not been sufficient drillingto define a mineral resource, and the current drill spacing is toolimited to classify any portion of the target as an Inferred MineralResource. There is nocertainty that further exploration will resultin the delineation of a mineral resource.

Geological Highlights

The Cadillac-Larder LakeBreak/Fault zone at Bazooka is characterized bya 20–60m-wide deformationcorridor with intense alteration including carbonate, silica, fuchsite,and tourmaline .

  • Few examples of High-grade intercepts include:

  • 77.18 g/t over 5.79m (Hole BA5)

  • 25.77 g/t over 7.5m (Hole BZ81-3)

  • 5.0 g/t over 3.2m , including 9.8 g/tover 1.0m (Hole BA-03-01) 6

  • 9.08 g/t over 2.11m , including 12.45 g/tover 1.0m (Hole BA-04-21)

  • 11.46 g/t over 11.20m (HoleBRT-11-04)

These intercepts confirm the presence of sulphide-bearing quartz veins with visible gold, hosted within the most intensely alteredzones of the Main Zone 6 .


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Strategic Positioning

The Abitibi is the largest Archean greenstone belt inthe world. It’s roughly 150 km the Val d’Or/Rouyn-Noranda camp thesecond richest gold mining district in the Abitibi.

In addition, there is significant endowments of silver,copper, zinc and lesser quantities of lithium, nickel, cobalt,platinum, palladium and molybdenum.

Yvan Bussieres, P.Eng., OIQ #31985, is an independentqualified person for Opawica Explorations and approves the technicalcontent of this news release. The qualified person has been unable toverify the information on the adjacent properties and the informationdisclosed is not necessarily indicative of mineralization on theproperties. Mineralization hosted on adjacent and/or nearby and/or geologically similar properties is notnecessarily indicative of mineralization hosted on the Company’sproperties

1. Yamana Gold Inc Press release January 21, 2021.

2. Falco Resources July 25, 2017 NI43-101 Proven368,000 oz and Probable 3,247,000 oz au oz

3. Granada. NI43-101 Febuary 13, 2019 base case cut-offgrade of 0.4 g/t Au, 762,000 ounces of gold (22.3 million tonnes at anaverage grade of 1.06 g/t Au) in the Measured and Indicated category,and 455,000 ounces of gold (6.9 million tonnes at an average grade of2.04 g/t Au) in the Inferred category.

4. Agnico-Eagle Mines Ltd., LaRonde Division NI43-1012005. Total proven reserves for LaRonde I and IIis estimated to be 5.891 million metric tonnes grading 3.11 g/t goldfor 589,738 ounces of gold, 90.8 g/t silver, 0.43% copper and 4.46%zinc whereas probable reserves are estimated at 31.044 million metrictonnes grading 4.52 g/t gold for 4,514,562 ounces of gold, 46.3 g/tsilver, 0.32% copper and 2.22% zinc.

5. Yorbeau Resources Inc. NI43-101 October 2011, on theRouyn Property, Total Measured and Indicated Resources are estimatedat 247,000t at 6.08 g/t Au containing 48,300 gold ounces. InferredResources total 633,000 t at 7.79 g/t Au for 158,800 gold ounces

6 Company Internal Documents

About Opawica ExplorationsInc.

Opawica Explorations is a Canadian resource explorationcompany with a strong portfolio of precious and base metal propertieswithin the Rouyn-Noranda region of the Abitibi gold belt in Quebec.The company’s management has a great record in discovering anddeveloping successful exploration projects. The company’s objectiveis to increase shareholder value through the development ofexploration properties using cost-effective exploration practices,acquiring further exploration properties and seeking partnerships byeither joint venture or sale with industry leaders.

Opawica’s Bazooka properties cover seven kilometresof the prolific CLLB. The Bazooka properties are bound to the west bythe Wassamac gold property, which is 100 per cent owned by RichmontMines Inc.

Mr. Yvan Bussieres, P.Eng., is an independentcontractor who has reviewed and approved the technical content of thisnews release.

FOR FURTHER INFORMATIONCONTACT

Blake Morgan

President and Chief Executive Officer

Opawica Explorations Inc.

Telephone: 236-878-4938

Neither the TSX Venture Exchange norits Regulation Service Provider (as the term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy of accuracy of 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 in the mining industry.  All the forward-lookingstatements made in this news release are qualified by these cautionarystatements and those in our continuous disclosure filings available onSEDAR+ at www.sedarplus.com.  These forward-looking statements aremade as of the date hereof and the Company does not assume anyobligation to update or revise them to reflect new events orcircumstances save as required by applicable law.

Copyright (c) 2025 TheNewswire - All rights reserved.

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