Opawica Explorations Inc.

TSX VENTURE : OPW


Opawica Explorations Inc.

October 30, 2012 15:44 ET

Opawica Commences Field Program on Teck-Kirkland Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 30, 2012) - Opawica Explorations Inc. ("Opawica" / the "Company") (TSX VENTURE:OPW) announces that it has mobilized a surface exploration program on its 100% optioned Teck - Kirkland Property near Kirkland Lake, Ontario.

The Teck - Kirkland property covers an area of 1250 hectares and is located 7 km west of the Town of Kirkland Lake, Ontario, in the western half of Teck Twp and the southeastern part of Grenfell Twp, Ontario. The property is accessible by paved and dirt roads. The area is well developed with permanent electrical and transportation networks supporting mining activities such as those owned by Kirkland Lake Gold Inc.

The program consists of surface sampling, trenching and up to 1500m of drilling. The drilling will test magnetic anomalies outlined by past geophysics, as well as test one portion of the property for structure and geology. The program is expected to be completed by December 31, 2012.

The Teck - Kirkland property covers prospective extensions of the Kirkland Lake - Larder Lake gold belt which broadly corresponds to the east-west trending, 3 to 5 km wide belt of Timiskaming rocks bounded in the south by the Larder Lake-Cadillac deformation zone. The entire belt hosts the Kirkland Lake and Kerr Addison gold deposits and several smaller gold deposits and occurrences. Gold mineralization in the belt is spatially associated with the Larder Lake-Cadillac deformation zone, and with smaller proximal faults and shear zones. The largest gold deposition within the overall deformation area is the Kirkland Lake gold camp which is associated with the Kirkland Lake Fault, commonly known as the "Main Break", which is situated approximately 2 km north of the principal Larder Lake-Cadillac deformation zone.

Gold mineralization of the Kirkland Lake deposits generally occur along the "Main Break" and its immediate splays. Ore controlling faults and auriferous quartz veins are northeast striking structures, offset by major post-ore faults, including the Amikougami Creek, Tegren, Lake Shore and Sylvanite faults, trending North-South. No economic surface mineralization has been found to date west of the Amikougami Creek fault, which constitutes the western limit of presently known economic gold mineralization of the Kirkland Lake gold camp. The 1260 Ha Teck-Kirkland property is situated west of the Amikougami Fault.

Only 20 shallow holes of less than 200m each have been historically drilled on the Teck-Kirkland property with no economic mineralization reported by previous operators. The vast majority of all gold produced from the seven interconnected mines in the Kirkland Lake camp have been mined between approximately 200m and 2500m in vertical depth with little surface outcrop or near surface economic gold mineralization.

In addition, the Company announces the resignation of Mr. Michael Meyers as a Director of the Company to pursue other business interests.

QUALITY CONTROL - DISCLAIMERS

Mr. Robert (Bob) Laakso, P.Eng., is the Independent Qualified Person who has prepared or supervisedthe preparation of the information that forms the basis for the scientific and technical disclosure in this news release.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this news release.

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