Opawica Announces Drill Hole Results-Dingman & Atikwa Lake
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VANCOUVER, BRITISH COLUMBIA, Apr 29 (MARKET WIRE) --
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---------------------------------------------------------------------------
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
Contacts:
Opawica Explorations Inc.
Jonathan Samuda
Director
(604) 681-3170
Opawica Explorations Inc.
Investor Relations
(604) 681-3170
Email: info@opawica.com
Website: www.opawica.com
Copyright 2009, Market Wire, All rights reserved.
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