Opawica Drills 6.12 G/T AU, 3.65 G/T AU, AND 2.15 G/T AU, AND 67.9 m of 0.84 G/T Au At Bazooka Property (TSXV: OPW) (FSE: A2PEAD) (OTCQB: OPWEF)

(TheNewswire)

VANCOUVER, B.C. –July 10 th , 2025 – TheNewswire - Opawica Explorations Inc. (TSXV: OPW) (OTC: OPWEF) (FRA: OE5)(the “Company” or “Opawica”) is pleased to announce positivedrill results on its wholly owned Bazooka Property.

Highlights of the Bazooka DrillProgram:

• 19 gold mineralized zones were intercepted (see Table 1)

• 15 gold mineralized zones carrying grade above 0.55 g/tup to 6.12 g/t Au,

• 16 gold mineralized zones have a core length greaterthan 10 m up to 67.9 m, of 0.20 g/t Au, except for 4 larger interceptscarrying greater than 0.84 g/t Au.

Click Image To View Full Size

Opawica’s drill program at the Bazooka project was guided by a newlyintegrated and reinterpreted set of geochemical, geophysical, andgeological data. This approach provided a cohesive and informedgeoscientific interpretation to support drill targeting on theproperty. The resulting drill targets were developed from detailedstructural interpretations and 3D modelling, which contributed to anupdated geological model incorporating fold events, multiplelithostratigraphic units, and fault structures. The Company completed3,359 metres of drilling across 14 holes and submitted 978samples—representing 1,385.5 linear metres—for analysis (see Table 1).

Blake Morgan, President & CEO of Opawica,commented: “We’re excited to share encouraging results from ourinitial Phase 2 drill program at the Bazooka project. Gold wasencountered in every single hole, which is incredibly promising. Ourgeological team is now observing consistent mineralization continuityacross the project, with approximately 7,000 metres of high-prioritytargets still to be explored. The Bazooka property hosts sevenkilometres of the Cadillac-Larder Lake Fault Zone, yet we’ve onlytested less than one kilometre to date. This highlights thesignificant exploration upside, with nearly 80% of the propertyremaining undrilled. The project remains open to the north, south,west, and at depth. We’re looking forward to advancing our nextphase of drilling with the goal of expanding what is shaping up to bea substantial mineralized zone.”

The initial Phase 2 drill program at the Bazookaproject returned encouraging results, with gold mineralizationintersected in every completed hole—demonstrating strong continuityboth near surface and at depth. As outlined in Table 1, several keyintercepts highlight the potential of the mineralized system along theCadillac-Larder Lake Fault Zone:

Drill HoleOP-25-33 :

• 67.9 metres at 0.84 g/t Au

• Including 7.5 metres at 3.65 g/t Au

• 6.0 metres at 2.10 g/t Au

• 1.75 metres at 1.56 g/t Au with visible gold

Drill HoleOP-25-25 :

• 10.0 metres at 2.15 g/t Au near surface

Drill HoleOP-25-28 :

• 15.5 metres at 0.31 g/t Au

• Including 7.5 metres at 0.60 g/t Au

Drill HoleOP-25-29 :

• 29.0 metres at 0.39 g/t Au

• Including 12.0 metres at 0.87 g/t Au

Many of the intercepts are hosted in sericitizedgreywacke with arsenopyrite—lithologies typical of gold-bearingzones in the Abitibi Greenstone Belt. These results support thepresence of a structurally controlled mineralized system withsignificant potential for expansion, as most of the Bazooka propertyremains untested.

Sampling and Assay Procedures

Assay samples were analyzed at ALS Geochemistry of 165Rue Jacques Bibeau, Rouyn-Noranda, Quebec (an ISO/IEC 17025:2017 andISO 9001:2015 accredited facility). The sampling program wasundertaken by Company personnel under the direction of Mr. Yvan Bussieres, P.Eng., A secure chain of custody is maintained in transporting andstoring of all samples. The rock samples underwent fire assaysAu-ICP22, Fire Assay Fusion (FA-FUSPG1&FA-FUSPG2) for gold and byME-ICP 41, Aqua Regia Digestion and Atomic Emission Spectroscopy(ICP-AES) for mainly As and base metal.

Samples of mineralization were taken at0.5-to-1.5-meter intervals, with sample intervals being adjusted torespect lithological and/or mineralogical contacts and isolate narrowveins or other structures that may yield higher grades.  The core wassplit in two separate sections. One half of the core, the other halfis sent for analysis.

One half of the sampled intervals were bagged andtagged with one of the dual sample tags. The individual sample bagsare sealed and placed into rice bags and marked with the contents. Thesamples are delivered in batches through the drill program toTechni-Lab Abitibi Inc. (Actlabs) Ste-Germaine-Boule Quebec, forprocessing, crushing, pulverizing and analysis.

The Quality Assurance and Quality Control or QA/QCprotocols are as follows: A blank sample is inserted at samples endedby the number 10, 30, 70 and 90 in the sample sequence – a blanksample usually consists of white ¾ inch rock that is known not tocontain any metals.  A lab duplicate sample is inserted at samplesended by the number 20, 40, 60 and 80 in the sample sequence. Alow-grade rock standard is inserted at samples ended by the number 50,in the sample sequence.  A high-grade rock standard is inserted atsamples ended by the number 00, in the sample sequence.

Table 1: Summary of Drill Results

See below for 2025assay data and intercepts.Note: All assay results are presented asuncut weighted averages. Interval widths represent drilled corelengths (NQ size); true widths are not yet determined. The balance ofthe drill results are negligible.

Click Image To View Full Size

Table 2 Drill Hole Locations

RecentCompany Accomplishments and Strategic Milestones:

Opawica has made significant strides across explorationand corporate development over the past year, positioning the Companyfor continued growth and value creation. These achievements underscoreOpawica’s commitment to disciplined exploration and responsiblegrowth, setting the stage for continued discovery and shareholdervalue creation.

• Identification of 59 high-priority drill targets acrossthe Bazooka and Arrowhead properties, supported by advanced geologicalmodeling and AI-driven analysis through our partnership with ALSGoldSpot Discoveries Corp.

• Successful permitting of drill programs for bothBazooka and Arrowhead properties, clearing the way for expandedexploration activities in 2025.

• Deployment of extensive geophysical campaigns,including a 384-line-kilometer survey at Bazooka adjacent to theWasamac deposit and a 2-D deep seismic survey at Arrowhead, providingvaluable subsurface data to refine target generation.

• Effective compilation and integration of historicalexploration data across the portfolio, enhancing geological models anddirecting future drill plans.

• Strengthened community relations with First Nations andlocal contractors, ensuring alignment with stakeholders forsustainable project advancement.

• Successfully completed a cross-border listing on theOTCQB, improving liquidity and access to North American capitalmarkets.

• Secured drilling contractors and established drilltargets totalling over 20,000 metres planned across Bazooka andArrowhead for the 2025 program, reflecting strong operationalreadiness

Plansfor Continued Growth in 2025:

These initiatives reinforce Opawica’s commitment tosystematic exploration and long-term growth, providing a clear path toexpand its resource base.

• Continue drilling the remaining high-priority targetson the Bazooka Property, aiming to expand and better define themineralized zones identified to date.

• Launch the Phase 2 drill program at the ArrowheadProperty, advancing exploration on key targets identified throughrecent work.

• Drive value creation through disciplined assetdevelopment, with a focused strategy to maximize shareholder value byadvancing key properties in the Rouyn-Noranda camp. This includesallocating additional capital to test significant drill targets anddeepen the understanding of gold mineralization across theportfolio.

CEO STATEMENT

“With the completion of our initial Phase 2 drillprogram at Bazooka, I, Blake Morgan, President & CEO, am energizedand focused on progressing both the Bazooka and Arrowheadproperties—assets of significant potential and strategicimportance.

Given today’s strong gold price environment, oursolid cash position, and the more than $6 million invested since 2021across three prior drill programs, we are well positioned for success.Our properties benefit from excellent infrastructure—including roadaccess, water, and hydro-electric power—which helps keep explorationcosts competitive. Located within one of the world’s most prolificgold-producing regions, and surrounded by multiple active mines within7 kilometres, these assets offer tremendous upside potential. We areoptimistic about the path ahead and remain committed to creating valuefor all our stakeholders.”

About Opawica ExplorationsInc.

Opawica Explorations is a junior Canadian 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 objective isto increase 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.

Opawica's Bazooka properties cover seven kilometres ofthe prolific CLLB. The Bazooka properties are bound to the west by theWassamac gold property, which is 100 per cent owned by Richmont MinesInc.

Mr. Yvan Bussieres, P.Eng., is anindependent contractor who has reviewed and approved the technicalcontent of this news release.

FOR FURTHER INFORMATIONCONTACT

BlakeMorgan
President and Chief Executive Officer
Opawica Explorations Inc.
Telephone: 236-878-4938

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 certainforward-looking statements, which relate to future events or futureperformance and reflect management’s current expectations andassumptions. Such forward-looking statements reflect management’scurrent beliefs and are based on assumptions made by and informationcurrently available to the Company.  Readers are cautioned that theseforward-looking statements are neither promises nor guarantees, andare subject to risks and uncertainties that may cause future resultsto differ materially from those expected including, but not limitedto, market conditions, availability of financing, actual results ofthe Company’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+ atwww.sedarplus.com.  These forward-looking statements are made as ofthe date hereof and the Company does not assume any obligation toupdate or revise them to reflect new events or circumstances save asrequired by applicable law.

Copyright (c) 2025 TheNewswire - All rights reserved.