Opawica Exploration Announces Significant Gold Mineralization at Bazooka Property Along Cadillac-Larder Lake Fault
TL;DR
Opawica Explorations holds 7km of the gold-rich Cadillac-Larder Lake Fault, with high-grade zones offering significant discovery potential and competitive advantage in the Abitibi belt.
Systematic drilling along the Cadillac-Larder Lake Fault has identified 19 mineralized zones, with 15 grading above 0.55 g/t Au and lengths up to 67.9 meters.
Responsible mineral exploration creates economic opportunities while advancing sustainable resource development for future generations through careful geological assessment.
The Bazooka Property spans 1,371 hectares along a 250km fault system that hosts numerous gold deposits, with historical values suggesting major discovery potential.
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Opawica Explorations Inc. has provided an update on its Bazooka Property, revealing significant gold mineralization along the Cadillac-Larder Lake Fault in Quebec's Abitibi greenstone belt. The 100-percent-owned project covers 1,371 hectares and includes seven kilometers of the fault zone, which is known for controlling numerous gold deposits in the region.
Recent drilling focused on the eastern portion of the property has identified 19 gold mineralized zones, with 15 zones carrying grades above 0.55 g/t up to 6.12 g/t Au. Sixteen zones have core lengths greater than 10 meters, reaching up to 67.9 meters, with four larger intercepts carrying greater than 0.84 g/t Au. The western part of the property, approximately four to six kilometers west of the recent drilling, contains historical gold mineralization that potentially represents a large, connected gold system ready for discovery.
Blake Morgan, CEO and President of Opawica, stated that the maps show the huge potential of the Bazooka Property, describing a high-grade zone to the east with some large bulk tonnage drill results in the same area. The company plans to move west from the high-grade zone and systematically test and drill the fault to link up these zones and discover new high-grade areas. This strategy is based on geology, the fault system, and data from multiple other deposits in the region, where multiple deposits across the fault can be connected to create multi-million-ounce deposits.
The Bazooka Property is bound to the west by the Wassamac gold property, which was acquired by Agnico Eagle in 2023 in a multi-billion-dollar deal, highlighting the area's significant mineral potential. The technical content of this news release was approved by Yvan Bussieres, P.Eng., OIQ #31985, an independent Qualified Person for Opawica Explorations Inc. Readers are cautioned that forward-looking statements are subject to risks and uncertainties, with detailed information available in continuous disclosure filings on SEDAR+.
Curated from NewMediaWire
