Opawica Explorations begins drilling at Bazooka

On behalf of Opawica Explorations Inc.

OPAWICA EXPLORATIONS COMMENCES DRILL PROGRAM AT ITS BAZOOKA PROPERTY IN THE ABITIBI GOLD BELT

Opawica Explorations Inc. has commenced drilling at its wholly owned Bazooka property in the Abitibi gold belt. Bazooka is contiguous with property controlled by Agnico Eagle, which hosts the Wasamac gold project, located 15 kilometres (km) west-southwest of the mining centre of Rouyn-Noranda and approximately 100 km west of the Agnico’s 100-per-cent-owned Canadian Malartic complex.

In alignment with previous geomapping and fieldwork conducted at Bazooka, the 2025 program includes planned targets with 50-metre (m) stepouts from the 2022 drill program, where previous values exceeded 10 grams per tonne (g/t) gold (Au), including:

18.70 Au g/t over one m within a larger 43.9 m section of quartz-sericite stockwork with trace pyrite with visible gold at 279.4 m;
13.70 Au g/t over 1.6 m in silicified sherd zone with quartz veining with trace tourmaline and fuchsite;
12.70 Au g/t over 0.5 m in quartz vein stockwork silicified zone with two visible gold flakes.

In addition, drill testing will measure continuity of high-grade Au mineralization along southwest- and west-striking planes.

Blake Morgan, president of Opawica, stated: “We are excited to commence drilling at the Bazooka property, a highly prospective property in the heart of the Abitibi gold belt and next to Agnico’s Wasamac gold property. The presence of historical mineralization, visible gold, silicified shear zones and quartz vein stockwork supports our confidence in Bazooka’s commercial gold hosting potential.”

In the 2022 program, significant visible gold flakes were observed in a quartz vein shear zone within a silicified zone containing 10 per cent fine, fractured black pyrite with trace amounts of arsenopyrite. A quartz vein shear zone was intersected in hole OP-21-13 at a depth of approximately 150.60 m.

Gold mineralization on the property occurs within mixed, up-to-60-metre-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 break/fault zone is at the base and is characterized by an up-to-two-metre-wide (estimated true width), strongly graphitic fault. The graphitic fault generally marks the contact between the sedimentary and ultramafic metavolcanic rocks.

Opawica’s 2022 program assay results, reported in the attached table, are as uncut weighted averages. Interval widths reflect drilled NQ core lengths, with true widths currently unknown.

20250220opw1

Assay samples were analyzed at Techni-Lab Abitibi Inc., 184 Rue Principale, Ste-Germaine-Boule, Que. (an ISO/IEC 17025:2005 accredited facility). The sampling program was undertaken by company personnel under the direction of Yvan Bussieres, PEng. A secure chain of custody is maintained in transporting and storing of all samples. The rock samples underwent fire assays, 1E3, aqua regia, ICPOES, and select samples underwent gravimetry. Samples of mineralization were taken at 0.5 to 1.5 m intervals, with sample intervals being adjusted to respect lithological and/or mineralogical contacts and isolate narrow veins, or other structures that may yield higher grades.

One-half of the sampled intervals were bagged and tagged with one of the dual sample tags. The individual sample bags are sealed and placed into rice bags and marked with the contents. The samples are delivered in batches in January to Techni-Lab Abitibi, Ste-Germaine-Boule, Que., for processing, crushing, pulverizing and analysis.

The quality assurance and quality control (QA/QC) protocols are as follows. A blank sample is inserted at samples ended by the No. 10, No. 30, No. 70 and No. 90 in the sample sequence; a blank sample usually consists of white three-fourths-inch rock that is known not to contain any metals. A low-grade rock standard is inserted at samples ended by the No. 50, in the sample sequence. A high-grade rock standard is inserted at samples ended by the No. 00, in the sample sequence.

Yvan Bussieres, PEng, 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.

About Opawica Explorations Inc.

Opawica Explorations is a junior Canadian exploration company with a strong portfolio of precious and base metal properties within the Rouyn-Noranda region of the Abitibi gold belt in Quebec. The company’s management has a great record in discovering and developing successful exploration projects. The company’s objective is to increase shareholder value through the development of exploration properties using cost-effective exploration practices, acquiring further exploration properties, and seeking partnerships by either joint venture or sale with industry leaders.

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Except as required by law, Opawica Explorations Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Opawica Explorations Inc. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Opawica Explorations Inc. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document.

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