Opawica Identifies 20 High Priority Drill Targets on its Bazooka Property in the Abitibi Gold Belt

Disseminated on behalf of OpawicaExplorationsInc.

Vancouver, B.C. – November 5th 2024 – Opawica Explorations Inc. (TSXV:OPW) (FSE:A2PEAD) (OTC:OPWEF) (the “Company” or “Opawica”) is pleased to announce that is has identified high-priority drill targets at its Bazooka Property (“Bazooka”) in the Abitibi Gold Belt using the advanced artificial intelligence services of ALS GoldSpot Discoveries Ltd (“Goldspot”). Specifically, GoldSpot and Opawica identified gold targets using a “Smart Targeting” approach, which leverages AI-driven methods along with 2021 and 2022 drilling and downhole Televiewer data.

The 20 drill targets identified at Bazooka total approximately 10,000 meters of drilling data. Using the Televiewer data the Company was able to identify four possible mineralized vein and schistosity structures that are striking northeast, west northwest, southwest and north-northwest. This resulted in the identification of two main families of mineralized veins, Family A and Family B. Family A veins predominantly strike at N042º and dip at 35º-40º, while Family B veins strike at N230º and dip at approximately 63º.

In one scenario, Family A and Family B represent an extension of veins and shear veins, respectively, in a shear-hosted gold mineralization setting. In another scenario, late northeast-striking brittle deformation is responsible for the northeast orientation of Family A, possibly indicating that the Family A and Family B veins were rotated along the northeast-striking deformation corridor.

The newly collected data was organized into thirteen wireframes, modeled using selected gold values over 0.2 g/t Au composites across four meters. This resulted in a structural model and trend that serves as the basis for the 2024 drill targets.

“Our team is excited to leverage AI technology to optimize our ability to target known mineralization targets on Arrowhead,” said CEO Blake Morgan. “By integrating cutting-edge machine learning with traditional exploration methods, we’re able to uncover opportunities with greater precision, thus increasing the probability of a major discovery. We already have some serious high grade on the asset as the table shows. The company feels this drill program could really showcase to the market that we’re on to something significant ”

GoldSpot Discoveries Corp. is a Canadian company recognized as a global leader in artificial intelligence and data science who are using AI to transform the mineral discovery process. Staffed by Geoscience and Data Science experts, GoldSpot provides geological consulting services and software augmented by AI.

Mr. 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.

About Opawica Explorations Inc.

Opawica Explorations Inc. 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 Québec. The Company’s management has a great track 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.

FOR FURTHER INFORMATION CONTACT:

Blake Morgan

President and Chief Executive Officer

Opawica Explorations Inc.

Telephone: 236-878-4938

Fax: 604-681-3552

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this news release.

Forward-Looking Statements

This news release contains certain forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company’s exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.

Disclaimer

Disclosure:

1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector.

2) The Article was issued on behalf of and sponsored by, Opawica Explorations Inc. Market Jar Media Inc. has or expects to receive from Opawica Explorations Inc.’s Digital Marketing Agency of Record (Native Ads Inc.) up to two hundred fifteen thousand three hundred fifty five US dollars for a duration of up to six (6) months or until budget exhaustion as dictated by Opawica Explorations Inc.

3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. Market Jar has not independently verified or otherwise investigated all such information. None of Market Jar or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy.

4) The Article does not constitute investment advice. All investments carry risk and each reader is encouraged to consult with his or her individual financial professional. Any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.'s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on miningnewsdaily.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on miningnewsdaily.com.

5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article.

6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management's expectations regarding Opawica Explorations Inc.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Opawica Explorations Inc.’s industry; (b) market opportunity; (c) Opawica Explorations Inc.’s business plans and strategies; (d) services that Opawica Explorations Inc. intends to offer; (e) Opawica Explorations Inc.’s milestone projections and targets; (f) Opawica Explorations Inc.’s expectations regarding receipt of approval for regulatory applications; (g) Opawica Explorations Inc.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Opawica Explorations Inc.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Opawica Explorations Inc.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Opawica Explorations Inc.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Opawica Explorations Inc.’s ability to enter into contractual arrangements with additional parties; (e) the accuracy of budgeted costs and expenditures; (f) Opawica Explorations Inc.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Opawica Explorations Inc. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Opawica Explorations Inc.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Opawica Explorations Inc.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Opawica Explorations Inc.’s business operations (e) Opawica Explorations Inc. may be unable to implement its growth strategy; and (f) increased competition.

Except as required by law, Opawica Explorations Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Opawica Explorations Inc. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Opawica Explorations Inc. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document.

7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Opawica Explorations Inc. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Opawica Explorations Inc. or such entities and are not necessarily indicative of future performance of Opawica Explorations Inc. or such entities.

8) The technical information contained in articles and videos produced for this campaign has been reviewed and approved by Mr. Yvan Bussieres, P. Eng, at Opawica Explorations Inc. as the Qualified Person for the Company as defined in National Instrument 43-101.

9) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on miningnewsdaily.com constitutes advice or a recommendation.

SEARCH FOR AN ARTICLE

Opawica Identifies 20 High Priority Drill Targets on its Bazooka Property in the Abitibi Gold Belt

More News From This Company

OpawicaExplorationsInc.

Company News

Don't Hestitate! Get The Corporate Presentation Now

PLUS