Opawica Explorations Inc.
TSX : OPW

Opawica Explorations Inc.

August 13, 2008 15:09 ET

Opawica Explorations Inc. Announces Atikwa Lake Drill Results

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 13, 2008) - Opawica Explorations Inc. ("Opawica" / the "Company") (TSX:OPW) announces the following drill hole results from the in-fill drilling program of the Maybrun gold and copper deposit on the Company's Atikwa lake property located near Kenora, Ontario.

Opawica has previously reported on 43 of 69 holes drilled under the current program. The Company is now reporting assay results from 7 further holes.

Hole AT-08-049 has returned the most significant drill intercept to date at Atikwa Lake, for Opawica drilling, of 0.82 g/t Au (1.18 g/t Au uncut) and 0.462% Cu over 112m, including 30.40m of 2.45 g/t Au (3.77 g/t Au uncut) with 1.162% Cu, and within that interval 7m of 9.40 g/t Au(15.16 g/t Au uncut) with 3.866% Cu, and within that interval a 1m section that returned 30 g/t Au (70.29 g/t Au uncut) with 11.02 % Cu. This drill intercept ended in mineralization and is approximately 80 to 90% true width. The mineralization in hole AT-08-049 has been intersected about 20m from surface and is situated about 110m south and on strike to previously announced hole AT-08-001 which returned a true width of approximately 60m of 1.54 g/t Au with 0.389% Cu and also ended in mineralization. The gold and copper zone in hole AT-08-001 also commences about 20m from surface. Complete assay results for the seven recently received holes are as follows:



Assay Results Received For Opawica 2008 Drilling - Atikwa Lake Project

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From To Width Gold (g/t)
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Cut
to
Hole No. Section Target (m) (m) (m) g/t Uncut Cu%
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AT-08-044 1105 N Maybrun 5.00 16.00 11.00 0.54 0.54 0.186
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36.12 53.00 16.88 1.20 1.20 0.746
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inclu-
ding 47.00 50.00 3.00 4.20 4.20 0.393
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inclu-
ding 47.00 48.00 1.00 6.72 6.72 0.830
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66.00 73.00 7.00 0.14 0.14 0.285
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AT-08-045 1150 N Maybrun 44.00 49.00 5.00 0.89 0.89 0.214
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69.50 79.70 10.20 2.42 3.65 0.201
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inclu-
ding 79.00 79.70 0.70 30.00 48.03 0.073
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92.00 99.00 7.00 0.39 0.39 0.176
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AT-08-046 1135 N Maybrun 67.50 70.94 3.44 1.83 1.83 0.594
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inclu-
ding 70.00 70.94 0.94 4.53 4.53 1.170
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80.00 83.50 3.50 0.17 0.17 0.712
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inclu-
ding 82.80 83.50 0.70 0.25 0.25 2.530
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109.00 120.00 11.00 0.43 0.43 0.275
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AT-08-047 1225 N Maybrun 10.40 32.00 21.60 1.69 1.69 0.325
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inclu-
ding 12.00 21.00 9.00 2.79 2.79 0.258
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inclu-
ding 17.00 18.00 1.00 16.73 16.73 0.038
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and 25.00 32.00 7.00 1.38 1.38 0.595
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39.00 47.00 8.00 0.37 0.37 0.153
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72.50 75.00 2.50 0.16 0.16 0.934
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AT-08-048 1240 N Maybrun 4.00 20.00 16.00 0.76 0.76 0.364
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inclu-
ding 18.00 19.00 1.00 4.11 4.11 1.820
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72.00 75.46 3.46 0.18 0.18 0.148
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AT-08-049 1090 N Maybrun 38.00 150.00 112.00 0.82 1.18 0.462
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inclu-
ding 38.60 69.00 30.40 2.45 3.77 1.162
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inclu-
ding 56.00 63.00 7.00 9.40 15.16 3.866
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inclu-
ding 57.00 58.00 1.00 30.00 70.29 11.020
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94.00 100.15 6.15 0.33 0.33 0.858
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105.00 110.00 5.00 0.18 0.18 0.397
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130.00 137.00 7.00 0.23 0.23 0.280
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142.00 150.00 8.00 1.11 1.11 0.451
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AT-08-050 1090 N Maybrun 45.00 72.00 27.00 0.45 0.45 0.342
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inclu-
ding 57.00 67.00 10.00 0.95 0.95 0.580
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inclu-
ding 58.00 59.00 1.00 2.81 2.81 2.350
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103.20 109.00 5.80 0.57 0.57 0.653
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138.40 142.00 3.60 0.22 0.22 0.536
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The above drill intercepts are between 70 and 90% true width of the mineralized zones.

Fire assaying for the Atikwa Lake property was completed by Swastika Laboratories of Kirkland Lake, Ontario.

The Qualified Person ("QP") for the Atikwa Lake Property will now be Mr. Robert (Bob) Laakso, P.Eng., of Holland Landing, Ontario and he replaces Mr. Fred Sharpley, P. Geo., of Kirkland Lake, Ontario as the QP for the Company's Atikwa Lake property, Dingman property and the Chance property all located in Ontario, Canada. Mr. Fred Sharpley, P.Geo., will continue to act as consultant to the Company. Mr. Laakso, P.Eng., has reviewed the contents of this release.

Forward Looking Statement

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 and resources, 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 development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. We seek safe harbour.

Shares Issued: 19,435,868

Stock Options: 1,940,000 @ $0.35 to $0.80

Warrants: 2,410,081 @ $0.35 to $0.80

Restricted Shares: 1,635,000

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