Opawica Explorations Inc (OPW) News

$OPWEF $OPW.V Opawica Explorations Inc Begins Field Work in Preparation of Upcoming Drill Campaign at Its Bazooka Property in the Abitibi Gold Belt


https://www.thenewswire.com/press-releases/1AlpFV3Dr-opawica-explorations-inc-begins-field-work-in-preparation-of-upcoming-drill-campaign-at-its-bazooka-property-in-the-abitibi-gold-belt.html

December 19th, 2024 – TheNewswire - Vancouver, B.C. – Opawica Explorations Inc. (TSXV: OPW) (FSE: A2PEAD) (OTCQB: OPWEF) (the “Company” or “Opawica”), a Canadian mineral exploration company focused on precious and base metal projects, is pleased to announce that select members of it exploration personnel has been mobilized to conduct field work at the Bazooka Gold Project (“Bazooka”) in the Abitibi gold camp in Quebec, Canada.

Specifically, the company has deployed an advanced team, consisting of a Quebec-registered geologist and an assistant to Bazooka. Their mission is to map access routes and finalize drill locations for at least 20 high-priority gold targets previously identified in the area, in preparation for an upcoming drilling campaign. The crew will further scout locations where secondary or alternate drill sites may be considered.

In recognition of the milestone, Blake Morgan, CEO of the Company stated: “This is an important step in advancing the Bazooka property as we await final drill permit approval. This preparation will enable us to mobilize quickly, ensuring we are ready to begin drilling as efficiently and quickly as possible once the permits have been granted. With drill permits already approved on the Arrowhead Project the team feel permits are very close regarding the Bazooka Property.”

Opawica’s Bazooka property is adjacent to Yamana Gold’s Wasamac property, which hosts a proven gold resource of 1,767,000 oz. Other major gold mining companies, including Agnico Eagle Mines, are also located within close proximity*. Previous drilling campaigns from 2003 to 2005 found extensive evidence of gold bearing minerals on the property. Gold concentrations reached up to 316.23 grams per tonne over a 1-meter section in Hole #BA-03-02A.

The variations in gold content highlight the potential richness of the gold present within the minerals found during these exploration efforts. Opawica intends to drill these promising areas using the latest survey technology.

Mr. Yvan Bussieres, P.Eng., is the qualified person for Opawica Explorations and approves the technical content of this news release. *Mineralization on adjacent Projects are not necessarily indicative of the Mineralization on Bazooka Property

$OPWEF $OPW.V Opawica Receives Drill Permits for the Arrowhead Project.

https://www.thenewswire.com/press-releases/1BKRF7Gen-opawica-receives-drill-permits-for-the-arrowhead-project.html

December 3rd, 2024 – TheNewswire - Vancouver, B.C. – Opawica Explorations Inc. (TSXV: OPW) (FSE: A2PEAD) (OTCQB: OPWEF) (the “Company” or “Opawica”), a Canadian mineral exploration company focused on precious and base metal projects. Opawica Explorations Inc. has received a two-year drill permit on its 25 high-priority gold targets at the Arrowhead property of the Abitibi gold camp. The permit allows 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.

Blake Morgan CEO and President states, “We are thrilled to have the drill permits in hand on the Arrowhead Project and we are expecting the Bazooka drill permits to closely follow. With high priority drill targets in play, the team at Opawica Explorations is eager to start drilling both its flagship properties in one of the most prolific gold bearing regions on earth. We expect to have more news regarding the drilling soon."

The 25 drill targets were done in collaboration with ALS GoldSpot Discoveries Ltd. and Opawica. The team integrated various drill hole recent and legacy data sets, including geological, structural, alteration, mineralogical, geochemical and two-dimensional seismic data that have provided a deeper insight into Arrowhead's geology. The interpretation of this updated drill hole database led to a cohesive three-dimensional model/geological model, fault network and orebody model, which have provided the foundation for a drilling exploration strategy at Arrowhead property.

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 grams per tonne were obtained over appreciable widths.

M. Yvan Bussieres, PEng, is the 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.

The Company has entered into an advertising and investor awareness campaign with Dig Media Inc. dba Investing News Network (INN). INN is a private company headquartered in Vancouver, Canada, dedicated to providing independent news and education to investors since 2007 at www.investingnews.com. For the 12-month term of the agreement starting November 2024, INN will provide advertising on its website to increase awareness of the issuer. INN does not provide Investor Relations or Market Making services. The cost of the campaign is $22,500. INN can be reached at 604-688-8231 or info@investingnews.com.

$OPWEF $OPW.V Opawica Explorations to Present at the Emerging Growth Conference on Dec 5th

https://www.thenewswire.com/press-releases/1LPRFmbyK-opawica-explorations-to-present-at-the-emerging-growth-conference-on-dec-5th.html

November 27th, 2024 – TheNewswire - Vancouver, B.C. – Opawica Explorations Inc. (TSXV: OPW) (FSE: A2PEAD) (OTCQB: OPWEF) (the “Company” or “Opawica”), a Canadian mineral exploration company focused on precious and base metal projects.


Opawica to Present on the Emerging Growth Conference on the 5th of December 2025

Opawica invites individual and institutional investors as well as advisors and analysts to attend its real-time, interactive presentation on the Emerging Growth Conference.


The next Emerging Growth Conference is presenting on 5th of December 2025. This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with the CEO and President Blake Morgan in real time. Blake Morgan CEO and President will perform a presentation and may subsequently open the floor for questions.


Please submit your questions in advance to Questions@EmergingGrowth.com or ask your questions during the event and Blake Morgan CEO will do his best to get through as many of them as possible.


Presentation link: https://goto.webcasts.com/starthere.jsp?ei=1677198&tp_key=9effb22694&sti=opwef


Blake Morgan CEO and President states, “We are thrilled to be presenting at the Emerging Growth Conference live at 4:25 - 4:55pm Eastern standard time on Thursday, December 5, 2024. With Opawica’s phase two drilling program closing in, the time is right to bring more eyes to the Company and the opportunity that exists. With high priority drill targets now confirmed, we are excited to tell the story and opportunity at Opawica Exploration Inc. www.opawica.com


If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available on www.EmergingGrowth.com and on the Emerging Growth YouTube Channel, http://www.YouTube.com/EmergingGrowthConference. We will release a link to that after the event.

$OPWEF $OPW.V Opawica Announces the Closing of Final Tranche of Oversubscribed Non-Brokered Private Placement

https://www.otcmarkets.com/otcapi/company/dns/news/document/78679/content

November 25, 2024 – Vancouver, B.C.
Opawica Explorations Inc. (TSXV: OPW) (FSE: A2PEAD) (OTCQB: OPWEF) (the “Company” or “Opawica”), a Canadian mineral exploration company focused on precious and base metal projects, is pleased to announce the closing of the final tranche of its recently announced oversubscribed private placement (announced October 15, 2024). The offering consisted of 8,280,667 Units for total aggregate proceeds of CAD $1,242,100, with each Unit comprising one Common Share of the Company and one Common Share Purchase Warrant at a price of $0.15 per Unit.

Each Purchase Warrant is exercisable into one Common Share at an exercise price of $0.25 per share at any time up to 24 months following the closing date. The Company also retains a Warrant Acceleration option, allowing it to accelerate the expiry date of the Warrants if the daily trading price of the Common Shares on the TSX Venture Exchange exceeds $0.34 per Common Share for 10 consecutive trading days. All securities issued under the Offering, including Warrants, will be subject to a four-month holding period, ending March 15 and March 22, 2025.

As part of the closing, Opawica has compensated the finding agents with a commission of up to 8.0% cash, totaling $18,020, and up to 8.0% Purchase Warrants, totaling 120,133 Warrants, based on the gross proceeds of the Offering. Each Purchase Warrant is exercisable at $0.25 per share under the same terms as described above.

The Company intends to use a portion of the net proceeds to:

Advance drilling obligations on its flagship properties in the Abitibi Gold Belt.
Address administrative obligations.
Support general working capital purposes.
Fund marketing awareness initiatives.
The Private Placement remains subject to receipt of all required approvals, including final approval by the TSX Venture Exchange, as well as the execution of formal documentation.

Blake Morgan, CEO and President, stated:
“We have now completed our oversubscribed private placement with overwhelming interest from across the globe. I would like to thank the team and our shareholders for their support. With the placement now completed, we can focus on the most important part—drilling. With a large number of high-priority drill targets across our two flagship properties, Opawica Explorations is on the cusp of something special. We welcome shareholders to visit www.opawica.com and follow us on our journey.”

$OPWEF $OPW.V Opawica Files for Drill Permits On its Bazooka
Property in the Abitibi Gold Belt

https://www.otcmarkets.com/otcapi/company/dns/news/document/78273/content

Vancouver, B.C. – November 7, 2024

Opawica Explorations Inc. Commences Drill Permitting Process for Bazooka Property

Opawica Explorations Inc. (TSXV: OPW) (FSE: A2PEAD) (OTC: OPWEF) (the “Company” or “Opawica”) is pleased to announce that it has commenced the drill permitting process for its recently identified 20 high-priority gold targets at the Bazooka Property in the Abitibi gold camp. The permit application includes plans for 11 drill pad locations with short-range spacing, enabling the Company to rapidly initiate drilling on any of the targets once permits are received.

CEO Statement

“We look forward to embarking on an aggressive drill program on the Bazooka Property once permitting is 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 a wealth of data, and our understanding of the structure is much more advanced.”

Collaboration with ALS GoldSpot Discoveries Ltd

The identification of these 20 drill targets was conducted in collaboration with ALS GoldSpot Discoveries Ltd and Opawica Explorations Inc. The teams combined various data sources, including geological, structural, alteration, mineralogical, geochemical, and Televiewer datasets from both recent and legacy drill holes, which have significantly enhanced insights into Bazooka's structural geology. This interpretation has led to the development of a cohesive 3D geological model and fault network, which form the foundation for the Company's drilling exploration strategy at the Bazooka Property.

Qualified Person

Mr. Yvan Bussieres, P.Eng., is the Qualified Person for Opawica Explorations Inc. and has approved the technical content of this news release.