Opawica Explorations Inc.
TSX : OPW

Opawica Explorations Inc.

April 29, 2009 11:14 ET

Opawica Announces Drill Hole Results-Dingman & Atikwa Lake

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 29, 2009) - Opawica Explorations Inc. ("Opawica" / the "Company") (TSX:OPW) announces the following drill hole results from the Dingman and Atikwa Lake properties, Ontario, Canada.

DINGMAN, GOLD PROPERTY

The Dingman gold property is located about 90km northeast of the eastern Greater Toronto Area ("GTA") near Madoc, Ontario.

The following drill hole results are from the main Dingman gold zone:



Assay Results Received For Opawica 2009 Drilling - Dingman Project

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Hole No. Section From (m) To (m) Width (m) Gold g/t
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DI-09-01 15 W 518.0 705.0 187.0 0.70
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including 610.0 705.0 95.0 1.00
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including 629.0 658.0 29.0 1.68
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including 629.0 639.0 10.0 3.07
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including 638.0 639.0 1.0 14.54
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DI-09-02 183 E 85.0 95.0 10.0 0.53
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including 88.0 89.0 1.0 1.89
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DI-09-03 233 E 76.0 114.0 38.0 0.35
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including 76.0 84.0 8.0 0.49
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including 79.0 80.0 1.0 1.71
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Also 108.0 114.0 6.0 0.70
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including 111.0 112.0 1.0 1.34
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DI-09-04 254 E 72.4 76.0 3.6 0.58
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96.0 130.0 34.0 0.58
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including 96.0 109.0 13.0 0.97
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And 126.0 130.0 4.0 1.52
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including 126.0 127.0 1.0 4.53
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DI-09-05 92 W 389.0 522.0 133.0 1.00
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including 420.0 427.0 7.0 1.83
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Hole No. Section From (m) To (m) Width (m) Gold g/t
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And 453.0 522.0 69.0 1.44
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including 453.0 485.0 32.0 1.77
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including 453.0 468.0 15.0 2.16
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including 453.0 458.0 5.0 3.16
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And 467.0 468.0 1.0 10.15
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Also 512.0 522.0 10.0 1.80
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The above drill intercepts are approximately 70% true width of the reported intervals.

Dingman hole DI-09-05 is located about 80m on strike and 180m above previously announced hole DI-09-01. These two holes indicate that the Dingman zone becomes wider and increases in grade at depth. Holes DI-09-02 to 04 were drilled on strike to the resources reported by the Company on February 4, 2009, and holes DI-09-01 and 05 are also drilled outside of the mineral resource estimates of the same date. Drilling is ongoing with further assays and resource studies for both gold and quarry products pending.

ATIKWA LAKE, GOLD-COPPER PROPERTY

The Atikwa Lake property is located approximately 120 km southeast of Kenora, Ontario. The following drill hole results are from the Maybrun Footwall Zone, and the 600m gap (Center) that separates the resources, reported February 4, 2009, within the Maybrun North Zone and the Maybrun Main Zone resources, which now appear to connect to, and form a part of, the Maybrun Footwall zone at the southern end of the Main Maybrun Zone:



Assay Results Received For Opawica 2009 Drilling - Atikwa Lake Project

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Hole No. Section Target From(m) To(m) Width(m) Au g/t Cu%
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AT-09-08 1750 N Center 71.00 72.00 1.00 0.71 1.020
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94.00 107.00 13.00 0.44 0.472
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including 97.00 105.00 8.00 0.61 0.642
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including 98.00 99.00 1.00 3.33 2.810
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AT-09-09 1800 N Center 9.00 15.00 6.00 3.48 0.004
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including 9.00 10.00 1.00 10.59 0.001
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and 13.00 14.00 1.00 6.58 0.003
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72.00 73.00 1.00 0.74 0.475
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111.00 112.00 1.00 1.13 0.060
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118.00 122.00 4.00 0.34 0.130
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145.00 159.00 14.00 0.56 0.127
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including 146.00 147.00 1.00 4.66 0.082
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AT-09-10 1806 N Center NSV
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AT-09-11 844 N Maybrun FW 212.00 330.00 118.00 0.39 0.103
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including 212.00 218.00 6.00 1.01 0.120
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and 244.00 279.00 35.00 0.82 0.181
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including 256.00 262.00 6.00 1.04 0.365
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and 268.00 276.00 8.00 2.22 0.421
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including 269.00 272.00 3.00 3.59 0.669
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Hole No. Section Target From(m) To(m) Width(m) Au g/t Cu%
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AT-09-12 850 N Maybrun FW 134.00 201.00 67.00 0.35 0.117
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including 139.00 146.00 7.00 1.66 0.444
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including 139.00 142.00 3.00 3.01 0.651
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also 186.00 188.00 2.00 1.29 0.078
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also 195.00 198.00 3.00 1.21 0.218
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AT-09-13 940 N Maybrun FW 103.00 213.00 110.00 0.45 0.149
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including 103.00 140.00 37.00 0.70 0.377
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including 103.00 113.00 10.00 1.91 0.944
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including 103.00 107.00 4.00 3.38 2.317
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including 103.00 104.00 1.00 10.15 8.900
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also 168.00 171.00 3.00 2.53 0.011
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including 169.00 170.00 1.00 5.45 0.002
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AT-09-14 985 N Maybrun FW 181.00 182.00 1.00 2.98 0.175
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201.00 209.00 8.00 0.54 0.122
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229.00 257.00 28.00 0.49 0.022
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including 229.00 239.00 10.00 0.82 0.016
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AT-09-15 1090 N Maybrun FW 150.00 151.00 1.00 1.34 0.278
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The above drill intercepts are approximately 80% of the true width of the reported intervals.

Assays are pending on one hole (AT-09-16) at Atikwa Lake from the 16 holes drilled and following receipt of all assays further resource studies will be undertaken.

All assaying for the Dingman property and the Atikwa lake property, as detailed in the above tables, were carried out by Swastika Laboratories of Kirkland Lake, Ontario.

The Independent Qualified Person for the Dingman and Atikwa Lake properties is Mr. Robert (Bob) Laakso, P.Eng., of Holland Landing, Ontario, and he has reviewed the contents of this release.

Disclaimer

Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization, resources and expansion of resources, recoveries, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with mine permitting, metallurgy, development, construction and mining operations, the uncertainty of the determination of mineable ounces of gold and copper in pounds or other minerals in pounds, or the future profitability of the companies projects. We seek safe harbour.

Issued: 31,031,868

Stock Options: 190,000 @$.29 wt. avg.

Restricted Shares: 5,700,000

Warrants: 7,337,500 @$.15 to $.90

Contact Information

  • Opawica Explorations Inc.
    Jonathan Samuda
    Director
    (604) 681-3170
    or
    Opawica Explorations Inc.
    Investor Relations
    (604) 681-3170
    Email: info@opawica.com
    Website: www.opawica.com