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VANCOUVER, British Columbia - (NewMediaWire) - October 24, 2024 - Opawica Explorations Inc. (TSXV:OPW) (FSE:A2PEAD) (OTC:OPWEF) (the "Company" or "Opawica") has commenced the drill permitting process on its recently identified 25 high-property gold targets at the Arrowhead Property of the Abitibi gold camp. The application includes 25 drill pad locations with short-range spacing, allowing the Company to move forward quickly on any one of the targets once permitting is received.
"We look forward to embarking on an aggressive drill program on the Arrowhead Property once permitting has been granted," said CEO Blake Morgan. "We are eager to unlock the potential of this highly prospective property and build on the rich mining history of the region. With millions of dollars spent on exploration since 2021. The team feels this drill program could be a game changer for the company, we have such a wealth of data, and our understanding of the structure is much more advanced."
The 25 drill targets were done in collaboration with ALS GoldSpot Discoveries Ltd. and Opawica. The team integrated various drillhole recent and legacy datasets, including geological, structural, alteration, mineralogical, geochemical, and 2D seismic data information which have provided a deeper insight into Arrowhead's geology. The interpretation of this updated drillhole database led to a cohesive 3D model/geological model, fault network, and ore body model which has provided the foundation for a drilling exploration strategy at Arrowhead Property.
One of the most prolific gold mining regions of the Cadillac Fault lies immediately east of the Arrowhead Project. Most ore bodies* in the area plunge steeply to the west and may serve as a guide for deep exploration below known showings and gold deposits situated along and around the Cadillac Fault. The Arrowhead Project lies in Blake River Group metavolcanites similar to those of large gold mines to the east, such as Mouska (7.9 km)*, MicMac (9.0 km)*, Mooshla (10.0 km)* and Doyon (11.3 km)*.
First prospecting started in 1920 on the major shear zone located in the northern part of the property. In 1926 the exploration works consisted of prospecting, pitting, trenching and diamond drilling, mainly to test two shear zones containing quartz-carbonate veins with free gold. Gold values of up to 45.05 g/t were obtained over appreciable widths.
M. Yvan Bussieres, P.Eng., is the Qualified Person for Opawica Explorations Inc. 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.