Announcement Date: 2022-08-15
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Opawica Explorations Inc.
Project name: Bazooka
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 3.0m @ 8.21g/t Au from 143.6m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, B.C. – August 15, 2022 – Opawica Explorations Inc. (TSXV:OPW) (FSE:A2PEAD) (OTC:OPWEF) (the “Company” or “Opawica”) is pleased to announce the positive drill results on its wholly owned Bazooka Property. Opawica’s drill program on the Bazooka was designed in collaboration with Goldspot who used integrated and reinterpreted data sets (geochemical, geophysical, geological). As a result, Opawica was provided with a cohesive and informed geoscientific interpretation in efforts to help facilitate drill targeting on the Bazooka property. The drill targets that were generated were derived from an understanding gained from Goldspot based on their analysis. Structural interpretations and 3-D modelling were provided by Goldspot and led to the development of an updated geological model which includes fold events, numerous lithostratigraphic units, as well as faults. The Company completing 5,022 m of drilling over 21 drill holes on the Bazooka and sent in a total of 1,658 rock samples, representing 2,092 linear metres for analysis (See Table 1). The 21 drill holes were completed on 18 setups testing 18 different drill targets representing less than half of 48 drill targets generated by Goldspot. Thirty (30) Goldspot drill targets have not been tested for gold mineralization.
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