Opawica Explorations Receives Independent Analyst Coverage and Provides Company Update

(TheNewswire)

Vancouver, B.C. – TheNewswire - June 3rd, 2025 - Opawica Explorations Inc.(TSXV: OPW) (FSE: A2PEAD) (OTCQB: OPWEF) (the “Company” or“Opawica”) provides a company update.

Dear Fellow Shareholders & Investors,

Opawica Explorations Inc. has garnered the attentionof Couloir Capital with analyst, Tim Wright, publishing an independentreport on the Company that we are thrilled to bring to you.

Mr. Wright wrote "Opawica continues to drill itsflagship [gold] projects and work towards a maiden resource,"Wright wrote, referring to Bazooka and Arrowhead, located in Quebec'sprolific Abitibi Greenstone Belt and 100% owned by Opawica. "Theregion hosts numerous multimillion-ounce gold deposits and operatingmine sites and represents one of the most fertile geological domainsfor gold worldwide," wrote Wright. “The Canadian explorer'sthird gold project is McWatters, located along the Cadillac-LarderLake Break, one of the world's most prolific gold-bearingstructures.”

Successful Target Generation

It was noted that Opawica employs a combination ofgeology experts, artificial intelligence and machine learning toidentify drill targets and that this approach is working. Which iswhat has enabled the Company to secure funding and the required drillpermits to advance our exploration efforts.

“Already tested targets have yielded fantastic drillresults, validating the firm's approach to exploration," wroteWright.

With this strategy, Opawica has generated about 10kilometers' (10 km) worth of drill targets at Bazooka and Arrowheadcollectively. Of these, it drilled 4 km's worth at Bazooka, historicnotable intercepts: 77.18 grams per ton (77.18 g/t) gold over 5.79meters (5.79m) and 7.7 g/t gold over 20m.

In April, drilling on the Bazooka Property intersectedmultiple mineralized zones, of which the results for these arepending.

“At all three properties, Opawica has done variousgeological and geophysical surveys, to the tune of US$3 million(US$3M) and more than 11,000m of drilling, at a cost of anotherUS$3M.”

Drilling is Primary Focus

Moving forward, Opawica intends to keep drilling atboth Bazooka and Arrowhead, where 16,000m of high-priority targets areready for drilling. Given that only 1 km of a 7 km fault zone has beenexplored so far at Bazooka, plenty of upside potential remains.Additionally, Opawica plans to raise additional capital to fundongoing drilling wrote Wright.

“Another factor supporting Opawica is the goldprice” noted Wright, “trading at all-time highs, attractinginvestor interest and expected to remain buoyed for some time.

You can check out the full Analystcoverage here .

Opawica is still currently awaitingassays on its 100% owned Bazooka property. The team now expect to havenews out to its shareholders this month. We look forward to gettingthese results out and moving forward toward the remaining 16,000m ofhigh priority drill targets, still to be tested across the Company’sflagship properties the Bazooka and Arrowhead properties.

Additionally, the Company has granted a total of400,000 incentive Stock Options exercisable at $0.14 per shareexpiring June 3rd, 2027, to directors, officers, and consultants ofthe Company. The stock options are subject to the acceptance of theTSX Venture Exchange.

Thank you,

Blake Morgan |CEO | President

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. The Company’s management has a great track record indiscovering and developing successful exploration projects. TheCompany’s objective is to increase shareholder value through thedevelopment of exploration properties using cost effective explorationpractices, acquiring further exploration properties, and seekingpartnerships by either joint venture or sale with industryleaders.

FOR FURTHER INFORMATIONCONTACT:

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 Statement

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 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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