02:14:43 EDT Tue 30 Apr 2024
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Opawica Explorations Inc (7)
Symbol OPW
Shares Issued 11,558,100
Close 2023-09-29 C$ 0.10
Market Cap C$ 1,155,810
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Opawica hires ALS to develop drill targets on Arrowhead

2023-10-03 13:44 ET - News Release

Mr. Blake Morgan reports

OPAWICA EXPLORATION ENGAGES ALS GOLDSPOT DISCOVERIES TO DEVELOP HIGH PRIORITY DRILL TARGETS ON THE ARROWHEAD PROJECT

Opawica Explorations Inc. has engaged ALS GoldSpot Discoveries Ltd. to develop drill targets on the Arrowhead property in the Quebec Abitibi greenstone belt. GoldSpot will utilize the recent exploration programs undertaken by Opawica along with a large, collaborative team of geoscientists and data scientists focused on maximizing the chances of discovery using ALS Goldspot's proprietary technology and geoscience expertise.

Blake Morgan, chief executive officer of Opawica, stated: "Throughout our recent work on the Arrowhead property we have gained a wealth of knowledge, with millions of dollars invested and 80 per cent of our first phase drill program containing gold from low to high grade. Thanks to Opawica's advanced geological work, including geophysical airborne VTEM magnetics, down hole magnetics and seismic survey, we have gained an extraordinary amount of knowledge to advance the Arrowhead property".

Opawica intends to leverage off all the exploration tools it has unutilized to date, in hopes of tapping into a world-class deposit. Arrowhead property lies in the heart of the Abitibi greenstone belt. Abitibi region in Quebec is one of most prolific mining jurisdictions in the world. Surrounded by active mines and majors. The Arrowhead property is in the right region producing the right results.

The team is thrilled to be moving ahead in conjunction with ALS GoldSpot to develop new high-priority drill targets on the Arrowhead property for the phase two drill program.

Yvan Bussieres, PEng, is the qualified person for Opawica and approves the technical content of this news release.

About Opawica Explorations Inc.

Opawica Explorations is a junior Canadian exploration company with a strong portfolio of precious and base metal properties within the Rouyn-Noranda region of the Abitibi gold belt in Quebec and in central Newfoundland and Labrador. The company's management has a great record in discovering and developing successful exploration projects. The company's objective is to increase shareholder value through the development of exploration properties using cost-effective exploration practices, acquiring further exploration properties and seeking partnerships by either joint venture or sale with industry leaders.

We seek Safe Harbor.

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