Opawica Explorations Inc.
TSX : OPW

Opawica Explorations Inc.

January 26, 2007 17:57 ET

Opawica Explorations Inc.: Gold and Copper Results From Matachewan, ON

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 26, 2007) - Opawica Explorations Inc. ("Opawica" / the "Company") (TSX:OPW) announces that as part of its due diligence on six claims which it recently optioned, Opawica mobilized a backhoe to excavate an historic trench. The six claims are contiguous to the northern border of Northgate Minerals Corporation's Young-Davidson mine property in Ontario. The trenching undertaken by Opawica has exposed a zone of approximately 40 feet wide which is copper and gold bearing.

Opawica took 33 grab samples from across the entire trench, which returned the following assay results:



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Swastika Laboratories Ltd
AuAssay2001
7W-0244-RA1

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----------------------------------------------------------------------
Au Au Au Check Au Check Cu Cu
1/24/2007 ------------------------------------------------------------
g/tonne oz/ton g/tonne oz/ton PPM %
----------------------------------------------------------------------
----------------------------------------------------------------------
45704 0.24 0.007 - - 2410 -
----------------------------------------------------------------------
45705 0.2 0.006 - - 1630 -
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45706 0.22 0.006 - - 3350 -
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45707 0.16 0.005 0.15 0.004 3560 -
----------------------------------------------------------------------
45708 0.16 0.005 - - 4800 -
----------------------------------------------------------------------
45709 0.19 0.006 - - 7490 -
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45710 1.23 0.036 - - greater than 10000 2.8
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45711 3.39 0.099 - - greater than 10000 3.66
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45712 0.23 0.007 - - 6690 -
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45713 0.17 0.005 - - 2620 -
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45714 0.46 0.013 0.49 0.014 greater than 10000 6.66
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45715 0.11 0.003 - - 7460 -
----------------------------------------------------------------------
45716 0.09 0.003 - - 3230 -
----------------------------------------------------------------------
45717 0.06 0.002 - - 1380 -
----------------------------------------------------------------------
45718 0.1 0.003 - - 2910 -
----------------------------------------------------------------------
45719 0.04 0.001 - - 786 -
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45720 0.03 0.001 - - 270 -
----------------------------------------------------------------------
45721 0.14 0.004 0.12 0.004 greater than 10000 1.46
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45722 0.1 0.003 - - 1480 -
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45723 0.1 0.003 - - 1520 -
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45724 0.23 0.007 - - 1710 -
----------------------------------------------------------------------
45725 2.39 0.07 - - 1160 -
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45726 0.24 0.007 - - 1180 -
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45727 0.22 0.006 - - 2750 -
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45728 0.23 0.007 - - 2670 -
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45729 0.14 0.004 - - 3150 -
----------------------------------------------------------------------
45730 0.27 0.008 - - 216 -
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45731 0.72 0.021 0.75 0.022 greater than 10000 2.41
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45732 0.61 0.018 - - greater than 10000 1.37
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45733 0.17 0.005 - - 1980 -
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45734 0.62 0.018 - - 617 -
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45735 0.01 0.001 - - 41 -
----------------------------------------------------------------------
45736 0.02 0.001 - - 16
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Blank Nil - -
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STDOxJ47 2.28 0.067 - -
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It appears that, at least locally, this copper-gold zone extends beyond the trench walls, and the zone appears to be open on strike and to depth.

Fire assays concerning the above 33 grab samples were carried out by Swastika Laboratories of Kirkland Lake, Ontario. The work was carried out under the supervision of Mr. Paul Antoniazzi, a director of the Company, and Mr. Fred Kiernicki, an experienced prospector and field manager, as part of a due diligence program on the property.

The Company will now undertake the appointment of a Qualified Person for this property and its upcoming program. Finally, Opawica field crews have reported that the owners and operators to the south have mobilized a drill rig within 100 feet of the above noted six claims which are held, subject to TSX approval, under option by Opawica.

Shares Issued: 101,553,867

Stock Options: 5,032,000 @ $.10 to $.15

Restricted Shares: 20,300,000

Warrants: 10,150,000 @ $.07 (Expiry Dec.29/07)

Contact Information

  • Opawica Explorations Inc.
    Dan M. Clark
    President
    (604) 681-3170
    (604) 681-3552 (FAX)
    Website: www.opawica.com