Opawica Exploration Inc. (TSXV: OPW) (OTC: OPWEF) (FRA: OE5) has announced a conceptual exploration target at its Bazooka Property, strategically located along the world-renowned Cadillac-Larder Lake Break (CLLB), one of the most prolific gold-bearing structures globally. The company is exploring for a target of 10 to 40 million tonnes grading between 0.9 and 1.45 grams per tonne (g/t) gold.
The Bazooka Property is adjacent to Yamana Gold’s Wasamac Project and lies within a district actively explored by major producers including Agnico Eagle Mines. This region continues to demonstrate potential for high-grade gold discoveries. The exploration target is based on current geological understanding and historical drilling, which includes 210 drill holes totalling 51,219 meters. The known mineralization is hosted within a 60-meter-wide zone of quartz-carbonate-sericite and talc-chlorite schists, referred to as the Main Zone, and is spatially associated with a strongly graphitic fault marking the contact between sedimentary and ultramafic metavolcanic rocks.
It is important to note that the potential quantity and grade of this exploration target are conceptual in nature. There has not been sufficient drilling to define a mineral resource, and the current drill spacing is too limited to classify any portion of the target as an Inferred Mineral Resource. There is no certainty that further exploration will result in the delineation of a mineral resource.
The Cadillac-Larder Lake Break/Fault zone at Bazooka is characterized by a 20–60m-wide deformation corridor with intense alteration including carbonate, silica, fuchsite, and tourmaline. High-grade intercepts from historical drilling include 77.18 g/t over 5.79m (Hole BA5), 25.77 g/t over 7.5m (Hole BZ81-3), 5.0 g/t over 3.2m including 9.8 g/t over 1.0m (Hole BA-03-01), 9.08 g/t over 2.11m including 12.45 g/t over 1.0m (Hole BA-04-21), and 11.46 g/t over 11.20m (Hole BRT-11-04). These intercepts confirm the presence of sulphide-bearing quartz veins with visible gold, hosted within the most intensely altered zones of the Main Zone.
The Abitibi greenstone belt is the largest Archean greenstone belt in the world, and the Val d’Or/Rouyn-Noranda camp is the second richest gold mining district in the Abitibi. Additionally, the region has significant endowments of silver, copper, zinc, and lesser quantities of lithium, nickel, cobalt, platinum, palladium, and molybdenum.
The technical content of this news release has been reviewed and approved by Yvan Bussieres, P.Eng., an independent qualified person for Opawica Explorations. The qualified person has been unable to verify the information on the adjacent properties, and the information disclosed is not necessarily indicative of mineralization on the properties. Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company’s properties.
