Mr. Blake Morgan reports

OPAWICA EXPLORATION INC ANNOUNCES COMPANY UPDATE ON THE BAZOOKA PROPERTY

Opawica Explorations Inc. has provided a company update on the Bazooka property

The Cadillac-Larder Lake fault is a significant fault system controlling gold deposits in the southern Abitibi greenstone belt, spanning 250 kilometres (km) from Matachewan in Piche/Larder Lake group and younger metasedimentary rocks of the Hearst, Timiskaming and Cadillac sedimentary assemblages.

The 100-per-cent-owned Bazooka project covers an area of 1,371 hectares and is located on of the Cadillac/Larder Lake fault zone, which extends for more than 100 kilometres. Numerous gold deposits are associated with the structure and its subsidiaries.

The company holds seven kilometres of the Cadillac-Larder Lake fault in the Bazooka property. Opawica Explorations' recent drilling has focused on the eastern site previously announced (see July 10, 2025, news release), revealing 19 gold mineralized zones, with 15 zones carrying grades above 0.55 gram per tonne (g/t) up to 6.12 g/t gold (Au), and 16 zones having core lengths greater than 10 metres (m) up to 67.9 m, except for four larger intercepts carrying greater than 0.84 g/t Au.

The western part of the property, approximately four to six kilometres west of the recent drilling, contains historical gold mineralization along the Cadillac-Larder Lake fault, potentially representing a large, connected gold system ready for discovery.

Blake Morgan, chief executive officer and president, states:

"The above maps start to show the huge potential of the Bazooka property. What we have here is a high-grade zone to the east of the property with some large bulk tonnage drill results in the same area. The Bazooka property holds seven kilometres of the Cadillac Lader fault zone, which is the gold-bearing zone in this region. Further up the fault, we have some remarkable historic drill values (see map above) showing the potential to link up these zones, similar to the deposit contiguous to the Bazooka property that was sold for $25-million in December of 2024, by Yorbeu Resources.

"What the company plans to do is now start moving west from the high-grade zone and systematically test and drill the fault, linking up these zones and looking for a discovering of a new high-grade zone. Based on the geology and the faults system plus the data from multiple other deposits in the region. We know multiple deposit across the fault can be found and connected to create multimillion-ounce deposits. Looking at The Bazooka seven km of Cadillac Lader fault zone, we can see we have multiple zones based on current and historic drill results. The company will now attempt to connect these zones and prove continuity moving west, while also exploring for new high-grade zones as we drill up against the Wassamc property bought out by Agnico eagle in 2023 in a multibillion-dollar deal.

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. 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.

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

Yvan Bussieres, PEng, OIQ No. 31985, is an independent qualified person for Opawica Explorations and approves the technical content of this news release.

The qualified person has not verified the information on the Abitibi greenstone belt. Mineralization hosted on adjacent and/or nearby and/or geologically similar properties is not necessarily indicative of mineralization hosted on the company's properties.

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