- Opawica (OPW) hires Forage Drilling to complete an additional 5,000 metres of drilling on Bazooka
- The Bazooka Property occurs along one of the most prolific auriferous structures in the world, the Cadillac-Larder Lake Break/Fault
- The break/fault zone, which is at the base, is characterized by a strongly graphitic fault up to 2.0m wide
- The main zone is characterized by strong to intense quartz-carbonate-sericite and talc-chlorite-carbonate+/-quartz alteration
- Opawica Explorations Inc. is a junior Canadian exploration company with a strong portfolio of precious and base metal properties
- Opawica Explorations Inc. (OPW) is up 3.17 per cent, trading at C$0.32 at 11:58 am EST
Opawica Explorations (OPW) has hired Forage DCB Drilling of Rouyn-Noranda to complete an additional 5,000 metres of drilling on the Bazooka property.
Blake Morgan, Chief Executive Officer of Opawica, stated, “The additional 5,000 meters will really allow us to have a good look at Bazooka’s gold mineralization.”
“The first drill campaign looked great, and we eagerly await the assays as we move into phase 2 of drilling in the coming weeks,” added Morgan.
The Bazooka Property occurs along with one of the most prolific auriferous structures in the world, the Cadillac-Larder Lake Break/Fault.
The Cadillac-Larder Lake Break/Fault, in part, marks the boundary between the Archean Abitibi sub-province in the north and the predominantly metasedimentary Pontiac sub-province south of the fault.
Gold mineralization on the property occurs within mixed, up to 60m wide (estimated true width), strong quartz-carbonate-sericite and talc-chlorite schists of sedimentary and ultramafic to mafic volcanic protoliths, respectively, and is referred to as the main zone.
The alteration and mineralization are spatially associated with the Cadillac-Larder Lake.
The break/fault zone, which is at the base, is characterized by a strongly graphitic fault up to 2.0m wide (estimated true width). The graphitic fault generally marks the contact between the sedimentary and ultramafic metavolcanic rocks.
The main zone is characterized by strong to intense quartz-carbonate-sericite and talc-chlorite-carbonate+/-quartz alteration and is generally mineralized with trace to 3 per cent pyrite+arsenopyrite+/-chalcopyrite+/- pyrrhotite and locally contains fine specks of free gold in narrow quartz veins/stringers and highly silicified rocks.
Patchy to locally pervasive fuchsite alteration (weak to strong) often accompanies the quartz-sericite-carbonate alteration.
Quartz-tourmaline veins occur locally both within and adjacent to the Main Zone.
Opawica Explorations Inc. is a junior Canadian exploration company with a strong portfolio of precious and base metal properties within the Rouyn-Noranda region of the Abitibi Gold Belt in Québec and in Central Newfoundland and Labrador.
Its objective is to increase shareholder value through the development of exploration properties using cost-effective exploration practices, acquiring further exploration properties, and seeking partnerships by either a joint venture or sale with industry leaders.
Opawica Explorations Inc. (OPW) is up 3.17 per cent, trading at C$0.32 at 11:58 am EST.
