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Opawica Drills 6.12 G/T AU, 3.65 G/T AU, AND 2.15 G/T AU, AND 67.9 m of 0.84 G/T Au At Bazooka Property (TSXV: OPW) (FSE: A2PEAD) (OTCQB: OPWEF)
Thenewswireยท2025-07-10 11:25

Core Insights - Opawica Explorations Inc. announced positive drill results from its Bazooka Property, indicating gold mineralization in every hole drilled, showcasing strong continuity of mineralization [2][4][18] - The company completed 3,359 meters of drilling across 14 holes, with 978 samples submitted for analysis, highlighting the extensive exploration potential with approximately 80% of the property remaining undrilled [1][2][15] Drill Program Highlights - The initial Phase 2 drill program at the Bazooka project revealed 19 gold mineralized zones, with 15 zones carrying grades above 0.55 g/t up to 6.12 g/t Au [4][12] - Significant intercepts include 67.9 meters at 0.84 g/t Au, with a notable inclusion of 7.5 meters at 3.65 g/t Au [5][12] - The geological team observed consistent mineralization continuity across the project, with 7,000 meters of high-priority targets still to be explored [2][4] Geological and Technical Insights - The drill targets were developed from detailed structural interpretations and 3D modeling, contributing to an updated geological model that incorporates various geological features [1][2] - Many intercepts are hosted in sericitized greywacke with arsenopyrite, typical of gold-bearing zones in the Abitibi Greenstone Belt, indicating a structurally controlled mineralized system [6][12] Future Plans and Strategic Initiatives - The company plans to continue drilling the remaining high-priority targets on the Bazooka Property to expand and better define the identified mineralized zones [15][23] - Opawica has identified 59 high-priority drill targets across the Bazooka and Arrowhead properties, supported by advanced geological modeling and AI-driven analysis [16] - The company has secured drilling contractors and established drill targets totaling over 20,000 meters planned across Bazooka and Arrowhead for the 2025 program [16][18] Recent Accomplishments - Opawica has made significant strides in exploration and corporate development, enhancing its position for continued growth and value creation [14][18] - The company successfully completed a cross-border listing on the OTCQB, improving liquidity and access to North American capital markets [16][18]