Opawica Explorations Advances Bazooka Gold Property Exploration in Abitibi Gold Belt

Opawica Explorations Inc. is advancing its Bazooka Property exploration campaign in the renowned Abitibi Gold Belt, targeting potential gold discoveries with significant mineralization. The company's 2025 exploration strategy focuses on 50-metre step-outs in areas where previous assays exceeded 10 g/t Au, with the aim of establishing Bazooka as a promising gold prospect. Historical drilling results from 2003 to 2022 reveal impressive gold intercepts, including a high-grade sample of 316.23 g/t Au over 1 metre, and multiple intervals exceeding 7 g/t Au.

The property's strategic location along the Cadillac-Larder Lake Fault Zone, which has historically hosted some of Canada's richest gold mines, enhances its exploration potential. This geological setting provides favorable conditions for gold mineralization, making the Bazooka Property a significant focus for exploration activities. The current exploration program represents the first phase of a planned 20,000-metre drill campaign, demonstrating the company's commitment to thorough investigation of the property's mineral potential.

Opawica has already conducted comprehensive geological surveys, including airborne geophysics, induced polarization surveys, and ground sampling to refine drill targets. These advanced exploration techniques help identify the most promising areas for further investigation, increasing the efficiency of the drilling program. The company's efforts are occurring against a backdrop of strong gold market conditions, with gold prices exceeding US$2,900 per ounce, creating favorable economic conditions for gold exploration and development.

Opawica's proximity to Lac Gold's recently acquired Rouyn Property, which was purchased for C$25 million, underscores the region's mineral potential and investor confidence in the Abitibi Gold Belt's continued productivity. CEO Blake Morgan, who has personally invested between $800,000 and $1 million in the company, demonstrates significant confidence in the project's prospects. The company's recent fundraising of $2.4 million provides financial resources to execute its exploration strategy effectively through the current phase of development.

Investors and industry observers are anticipating assay results expected in spring 2025, which could potentially confirm Bazooka's status as an emerging gold discovery in the Abitibi Gold Belt. The successful development of this property could contribute to the ongoing production from this historically rich mining region, supporting continued economic activity in the area while potentially adding to Canada's gold production capacity in future years.