Mr. Blake Morgan reports

OPAWICA EXPLORATIONS GIVES COMPANY UPDATE

Opawica Explorations Inc. has provided an update.

Dear fellow shareholders and investors,

Blake Morgan, chief executive officer, states: "It's been a very busy year for Opawica with lots of groundwork and a drill program completed and all data reviewed. The next stage for Opawica is to drill its 10,000 m of high-priority drill targets on its 100-per-cent-owned Arrowhead property. The Arrowhead property has its drill permits in place and is fully surrounded by Agnico Eagle and contagious to its premier gold mine the La Rhonde complex. See below our list of accomplishments."

"With gold at all-time highs there is a lot of interest in the assets Opawica Explorations holds. Opawica is exploring joint venture and or sale on its Bazooka property. See below our list of accomplishments."

Accomplishments in 2025:

• Opawica receives drill permits for the Bazooka property;
• Opawica receives drill permits for the Arrowhead property;
• Opawica announces over 10,000 metres of high-priority drill targets on the Arrowhead property;
• Opawica announces 10,000 m of high-priority targets on its Bazooka property;
• Opawica commences drilling on its Bazooka property;
• Opawica completes drill program on the Bazooka property, with some fantastic results. See news release July 10, 2025;
• Opawica Explorations was awarded Gold Explorer of the year for 2025 by Metals and Mining Magazine. See news release May 23, 2025;
• Opawica gives conceptional exploration target on its Bazooka property of 10 million to 40 million tones grading between 0.9 to 1.45 grams per tonne (g/t) gold for a total of 1.5 million to two million ounces. See news release dated Oct. 16, 2025.

Accomplishments since 2021:

• Identification of 59 high-priority drill targets on the company's Bazooka property;
• Successfully permitted the Bazooka drill holes;
• Commencement of drilling on the Bazooka property;
• Oversubscribed private placement; raising a total of $5.28-million;
• Completion of an additional $2-million of flow-through shares at 55 cents;
• Successful cross border listing on the OTCQB;
• Engaged the services of GoldSpot Discoveries Corp. AI machine learning;
• Completion of a 384-line-kilometre geophysical survey on the company's Bazooka asset, contiguous to the south of the Wasamac deposit, covering the vast extent of the shear zones governing mineralization on the greenstone belt;
• Completion of a 2-D deep seismic program on the company's Arrowhead property that is encircled by Agnico Eagle Mines Ltd.;
• Established strong communications with the first nations and local contractors to make a successful project for all stakeholders going forward;
• Historical data compilation and direction identified for future exploration on the company's gold targets in Rouyn-Noranda;
• Completed phase 1 drilling program on the Bazooka with multiple high-grade zones and visible gold. See news release, June, 2022, and Aug. 15, 2022;
• Completed maiden drill program on the Arrowhead property with high-grade gold up to 18 grams per tonne gold. See news release dated Nov. 15, 2022;
• Logged and sampled over 4,000 m of Bazooka drill core to date;
• Completed the acquisition data from historical sources from government and previous exploration efforts on the company's portfolio;
• Developed geological models and geological targets based on the data acquired to date from drilling, geophysics and AI machine learning;
• Used the company's drill results on Bazooka, interpretation geophysical data to develop strong targets;
• Completed downhole geophysics and interpretation on the Arrowhead property.

Follow-up plans:

• Drill contractor for Arrowhead property;
• Start phase 2 drill program on Arrowhead property;
• Joint venture and or sale of the Bazooka property.

The continued development of corporate assets is a value generating event for Opawica's shareholders. Our overall plan is to maximize value through the growth of our identified assets which will include the allocation of additional funds into the Rouyn-Noranda camp.

I am enormously excited to be working closely with our team and management to advance all our projects. The immediate focus is on the Arrowhead and Bazooka properties which are both projects of considerable merit. I am extremely optimistic with our abilities to advance our projects while enhancing the value proposition for all stakeholders.

Our assets have had over $6-million spent on them since 2021, with three drill programs now completed. The assets have road access, water and hydroelectric power keeping exploration costs low. We are in one of the most prolific gold-bearing regions on earth with multiple active mines contiguous and within seven kilometres of our assets, showing this region has massive upside.

We now have a great understanding based on the enormous amount of work completed on the structure and gold mineralization of the region. This will assist us with the phase two drill program.

Sincerely,

Blake Morgan, chief executive officer and president

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.

Qualified person

Yvan Bussieres, PEng, an independent qualified person under National Instrument 43-101, has reviewed and approved the scientific and technical information in this news release.

The potential exploration target quantity and grade is conceptual in nature, that there has been insufficient exploration to define a mineral resource and that it is uncertain if further exploration will result in the target being delineated as a mineral resource.

We seek Safe Harbor.