Opawica Explorations Identifies Major Gold Exploration Target at Bazooka Property

Opawica Explorations Inc. has identified a substantial conceptual exploration target at its Bazooka Property located along the Cadillac-Larder Lake Break, one of the world's most productive gold-bearing geological structures. The company is exploring for a target ranging from 10 to 40 million tonnes grading between 0.9 to 1.45 grams per tonne gold, based on current geological understanding and historical drilling data. This conceptual target represents a substantial opportunity for resource development in a region actively explored by major producers including Agnico Eagle Mines.

The Bazooka Property's strategic positioning adjacent to Yamana Gold's Wasamac Project places it within a district that continues to demonstrate significant potential for high-grade gold discoveries. Geological analysis reveals the Cadillac-Larder Lake Break at Bazooka features a 20-60 meter wide deformation corridor with intense alteration including carbonate, silica, fuchsite, and tourmaline. Historical drilling data from 210 drill holes totaling 51,219 meters shows several high-grade intercepts that confirm the presence of sulphide-bearing quartz veins with visible gold.

Notable intercepts include 77.18 g/t over 5.79 meters, 25.77 g/t over 7.5 meters, and 11.46 g/t over 11.20 meters, all hosted within intensely altered zones of the Main Zone. The mineralization occurs within a 60-meter-wide zone of quartz-carbonate-sericite and talc-chlorite schists, spatially associated with a strongly graphitic fault marking the contact between sedimentary and ultramafic metavolcanic rocks. The Abitibi greenstone belt, where the property is located, represents the largest Archean greenstone belt globally and contains significant endowments of silver, copper, zinc and lesser quantities of lithium, nickel, cobalt, platinum, palladium and molybdenum.

Technical content of the exploration target has been approved by independent qualified person Yvan Bussieres, P.Eng., OIQ #31985, though the qualified person has been unable to verify information on adjacent properties. The company emphasizes that mineralization on adjacent properties is not necessarily indicative of mineralization on Opawica's properties. Additional technical information is available through regulatory filings at https://www.sedarplus.com. The exploration target is conceptual in nature, and there has not been sufficient drilling to define a mineral resource, with current drill spacing too limited to classify any portion as an Inferred Mineral Resource.