Opawica Explorations Inc. has announced significant drilling results from its 100-percent-owned Bazooka Property, revealing 19 gold mineralized zones along the Cadillac-Larder Lake Fault system in Quebec's Abitibi greenstone belt. The property covers 1,371 hectares and holds seven kilometers of the fault zone, which controls numerous gold deposits throughout the region. Recent drilling focused on the eastern portion of the property identified 15 zones with grades above 0.55 g/t up to 6.12 g/t Au, with 16 zones showing core lengths greater than 10 meters up to 67.9 meters.
The western part of the property, approximately four to six kilometers west of the recent drilling, contains historical gold mineralization that potentially represents a large, connected gold system ready for discovery. Blake Morgan, CEO and President, stated that the maps show the huge potential of the Bazooka Property, noting both high-grade zones and large bulk tonnage drill results in the same area. The company plans to systematically test and drill westward from the high-grade zone to connect these zones and potentially discover new high-grade areas.
The strategic location of the Bazooka Property adds significant importance to these discoveries. The property is bounded to the west by the Wassamac gold property, which was acquired by Agnico Eagle in 2023 in a multi-billion-dollar deal, highlighting the region's substantial mineral potential. This proximity to major mining operations and recent high-value acquisitions underscores the strategic value of Opawica's findings and the broader mineral endowment of the Cadillac-Larder Lake Fault system.
The technical content of this news release was approved by independent Qualified Person Yvan Bussieres, P.Eng., OIQ #31985. Forward-looking statements in the release caution that actual results may differ due to market conditions, financing availability, exploration outcomes, environmental risks, and other factors detailed in continuous disclosure filings available on SEDAR+. The discovery of multiple gold zones across a significant strike length suggests the potential for both high-grade vein systems and larger bulk tonnage opportunities, which could significantly impact the company's valuation and the regional mining landscape.
