Opawica Explorations Inc (OPW) Cotización

Opawica Explorations Mobilizes Drill at its Bazooka Property in the Abitibi Gold Belt

https://www.otcmarkets.com/otcapi/company/dns/news/document/80274/content

February 18th, 2025 – 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, has begun mobilizing its drill to the Bazooka Project (“Bazooka”) in the Abitibi gold belt in Quebec. The objective is to evaluate 20 drill targets previously identified in collaboration with ALS Geoanalytics (formerly ALS GoldSpot Discoveries Ltd.) and Opawica.

RJLL Forage Drilling (“RJLL”) of Rouyn-Noranda, QC, will conduct the drilling program at Bazooka. With over 100 years of drilling expertise, RJLL has extensive prospecting experience in the Abitibi region and a proven track record of successful drill programs with numerous exploration and major companies in the area.

The Bazooka property occurs along one of the most prolific auriferous structures in the world, the Cadillac-Larder Lake Break/Fault. This geological anomaly marks the boundary between the Archean Abitibi sub-province in the north and the predominantly metasedimentary Pontiac sub-province south of the fault.

Gold mineralization at Bazooka is hosted within a mixed zone of strong quartz-carbonate-sericite and talc-chlorite schists, derived from sedimentary and ultramafic to mafic volcanic protoliths. This zone, known as the Main Zone, is up to 60m wide (estimated true width) and is spatially associated with the Cadillac-Larder Lake fault zone.

Blake Morgan, Chief Executive Officer of Opawica, stated: “The team is excited to commence drilling at the high-grade Bazooka property. With extensive data from multiple work programs, we are eager to confirm the deposit's size and grade. Our strategy focuses on maximizing asset value, including further investment in the Rouyn-Noranda camp. We aim to drill key targets to enhance our understanding of gold mineralization and advance the project.”

Blake Morgan further added: “I am thrilled to collaborate with our team and management to drive our projects forward. Our immediate focus is on the high-potential Bazooka and Arrowhead properties. I am confident in our ability to advance these projects while maximizing value for all stakeholders.”

The exploration program at Bazooka benefits from unimpeded road access and ready hydroelectric power, serving to keep exploration costs low. Located in one of the world's most prolific gold-producing regions, the property is surrounded by multiple active mines within 7 km, highlighting the area's significant potential. Extensive work has provided a strong understanding of the region's structure and gold mineralization, guiding our Phase Two drill program. Since 2021, over $6 million has been invested in our assets, including two previous drill programs.

Recently Completed on the Bazooka Property

Identification of over 20 high priority drill targets at Bazooka.
Successfully permitted the Bazooka drill holes.
Oversubscribed Private Placement; raising a total of $2.4M in November 2024.
Completion of a 384-line-kilometer geophysical survey at Bazooka, contiguous to the south of the Wasamac deposit*, covering the vast extent of the shear zones governing mineralization on the greenstone belt.
Established strong communications with the first nations, and local contractors to make a successful project for all stakeholders.
Historical data compilation and direction identified for future exploration on our gold targets in Rouyn-Noranda.
Reviewed Phase 1 one drilling program at Bazooka with multiple high-grade zones and visible gold.
Completed the acquisition data from historical sources from government and previous exploration efforts on our portfolio.
Developed geological models and geological targets based on the data acquired to date from drilling, geophysics, and AI Machine Learning.
Yvan Bussieres, P.Eng. has reviewed and approved the technical content of this news release.*
The Qualified Person has been unable to verify the information on the adjacent properties. Mineralization hosted on adjacent and/or nearby and/or geologically similar properties is not necessarily indicative of mineralization hosted on the Company’s properties.

$OPWEF $OPW Opawica Drill Hole Targets 2D Seismic on the Arrowhead Gold Project in Quebec, Canada

https://www.thenewswire.com/press-releases/1LYzF2r8j-opawica-drill-hole-targets-2d-seismic-on-the-arrowhead-gold-project-in-quebec-canada.html

February 13th 2025 – 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.


One of the primaries aims of the forthcoming Arrowhead Drill Program is to evaluate targets identified through the Echo-Geotech's land-streamer 2-D seismic survey.


The Company identified four potential subvertical mineralized trends, marked in red (Figure 1). The two proposed drill holes are intended to intersect three of these trends. Historical drilling results from Arrowhead, specifically hole 81-06, which yielded 8.23 Au g/t over 0.5 m, and AR-22-14, which returned 3.91 Au g/t over 1.0 m, correspond with two of the identified trends. The upcoming drilling program aims to explore these trends at greater depths.


The blue projected drill hole (Figure 1) is set to investigate mineralized trends 8, 4, and 5. Additionally, five seismic reflectors (depicted in blue and black) will also be examined.


The green projected drill hole is designed to assess mineralized trends 8 and 4 at approximately 300 meters below the blue drill hole (Figure 1). Furthermore, six seismic reflectors (shown in blue and black) will be tested in this context.


Blake Morgan CEO stated, “Over the past few years the Opawica team has amassed a wealth of data by doing millions of dollars’ worth of exploration and drilling. The seismic survey we completed was one of the first of its kind in this region and is now used by multiple companies as it brings a data set, rarely seen by a junior mining exploration company. The Opawica team is going to use this data which shows multiple zones at multiple depth in its upcoming drill program. Abitibi is one of the most prolific gold bearing regions on earth and with multiple active mines all around us, proven high grade on the property and a massive data set. The team is confident it can deliver the high-quality results in its phase 2 drill campaign”


The drill targets were developed in partnership with ALS GoldSpot Discoveries Ltd. and Opawica. The team combined a range of recent and historical drillhole datasets, encompassing geological, structural, alteration, mineralogical, geochemical, and 2D seismic data. This integration has enhanced the understanding of Arrowhead’s geology.


First prospecting started in 1920 on the major shear zone located in the northern part of the property. In 1926 the exploration works consisted 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.


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.

$OPWEF $OPW Opawica Explorations Announces Drill Program as Remarkable Geology Supports 20,000 Meters of Drilling

https://www.otcmarkets.com/otcapi/company/dns/news/document/80164/content

February 11, 2025 – 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 in the Abitibi Gold Belt, is pleased to announce plans for an extensive drill program on its Bazooka Property (“Bazooka”).

In collaboration with ALS GoldSpot Discoveries Ltd., Opawica has identified 45 drill targets across its Bazooka and Arrowhead Properties. By integrating extensive geological, structural, alteration, mineralogical, geochemical, and Televiewer data, the Company has gained deeper geological insights that support a 20,000-meter drill program.

Quebec: A Premier Mining Jurisdiction
Quebec remains one of the world’s leading mining jurisdictions, consistently ranked among the top regions for mineral exploration by the Fraser Institute. The Abitibi Gold Belt, home to some of the largest gold producers, has a rich mining history and has yielded:

Over 300 million ounces of silver
15 billion tons of copper
35 billion tons of zinc
Tier-1 Gold Producers Surrounding Bazooka and Arrowhead
The Bazooka and Arrowhead properties are strategically located in a region dominated by major gold producers:

Agnico Eagle Mines Ltd. – One of the largest operators in the Abitibi, Agnico has produced over 5 million ounces of gold from its LaRonde mine and fully acquired the Canadian Malartic Mine in 2023.
Newmont Corporation – The world’s largest gold producer expanded its presence in the Abitibi with its $10 billion acquisition of Goldcorp Inc. in 2019, adding the Porcupine Gold Mines in Timmins, Ontario.
Hecla Mining Company – Expanded its Canadian footprint with the 2022 acquisition of Alexco Resource Corp., primarily focused on silver but with future gold exploration potential.
High-Grade Gold Potential at Bazooka
To date, only 15% of the Bazooka Property has been drilled and explored, leaving 85% untouched. Historical drilling has returned high-grade intercepts, including:

7.5 gpt Au over 25.77 meters
316.23 gpt Au over 1 meter (Hole #BA-03-02A)
With gold prices rising and continued discovery potential, Opawica is committed to unlocking the full gold mineralization potential of Bazooka through this extensive drill program.

Qualified Person Statement
Yvan Bussieres, P.Eng., has reviewed and approved the technical content of this news release. The Qualified Person has been unable to verify the information on adjacent properties. Mineralization hosted on adjacent or geologically similar properties is not necessarily indicative of mineralization hosted on the Company’s properties.

More updates will follow as the drill program progresses.

$OWPEF $OPW Opawica Engages RJLL to Commence Drill Campaign at its Flagship old Project in the Abitibi Gold Belt

https://www.otcmarkets.com/otcapi/company/dns/news/document/80089/content

February 6, 2024 – Vancouver, B.C. – Opawica Explorations Inc. (TSXV: OPW) (FSE: A2PEAD) (OTC: OPWEF) (the “Company” or “Opawica”) has engaged RJLL Forage Drilling (“RJLL”) of Rouyn-Noranda, QC, to conduct drilling on the Bazooka Property (“Bazooka”) in the Abitibi Gold Belt. RJLL brings over 100 years of drilling expertise, including extensive prospecting experience in the Abitibi region, having successfully executed drill programs for numerous exploration and major mining companies.

Blake Morgan, Chief Executive Officer of Opawica, stated:

“This drill program will significantly enhance our potential to discover more of Bazooka’s gold mineralization. After intersecting visible gold in multiple holes during our last drill program, we expect significant improvements in targeting as we integrate AI and other advanced geo-mapping tools. With over 20,000m in high-priority targets, the team is eager to begin its 2025 drill campaign.”

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 in close proximity. Previous drilling campaigns from 2003 to 2005 found extensive evidence of gold-bearing minerals on the property, with high-grade drill intercepts including:

7.5 g/t gold over 25.77m
77 g/t gold over 5.5m
316.23 g/t gold over a 1-meter section in Hole #BA-03-02A
Yvan Bussieres, P.Eng., has reviewed and approved the technical content of this news release.

The Qualified Person has been unable to verify the information on adjacent properties. Mineralization hosted on adjacent and/or nearby and/or geologically similar properties is not necessarily indicative of mineralization hosted on the Company’s properties.

$OPWEF $OPW.V Opawica Receives Drill Permit On Its 100% Owned Bazooka Property On The Abitibi Green Stone Belt Quebecs

https://www.thenewswire.com/press-releases/1BQPFK484-opawica-receives-drill-permit-on-its-100-owned-bazooka-property-on-the-abitibi-green-stone-belt-quebecs.html

February 4th, 2025 – Vancouver, B.C. – TheNewswire - 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 in the Abitibi gold belt in Quebec. Opawica Explorations Inc. has received a two-year drill permit on its 20 high-priority gold targets at the Bazooka Property.

The 20 drill targets were done in collaboration with ALS Geoanalytics (formally ALS GoldSpot Discoveries Ltd). and Opawica. The team integrated various drill hole recent and legacy data sets, including geological, structural, alteration, mineralogical, and geochemistry. 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 Bazooka Property.

The Bazooka Property occurs along one of the most prolific auriferous structures in the world, the Cadillac-Larder Lake Break/Fault. The Cadillac-Larder Lake Break/Fault, in part, marks the boundary between the Archean Abitibi sub-province in the north and the predominantly metasedimentary Pontiac sub-province south of the fault.

Gold mineralization on the Property occurs within mixed, up to 60m wide (estimated true width), strong quartz-carbonate-sericite and talc-chlorite schists of sedimentary and ultramafic to mafic volcanic protoliths, respectively, and is referred to as the Main Zone. The alteration and mineralization are spatially associated with the Cadillac-Larder Lake

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 2025 drill targets.


“CEO Blake Morgan States, The Opawica team is thrilled to now have the Bazooka drill permits in hand. With the large amount of geological data we have obtained over the past few years. The team feels very strongly about our high priority drill targets. We will now move aggressively to finalize our upcoming 2025 drill campaign.”


ALS Geoanalytics. 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, ALS Geoanalytics 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.

$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.