Business
Opawica Explorations Signs Service Agreement with GoldSpot Discoveries Corp.
(TheNewswire) Vancouver, B.C. - TheNewswire – June 16, 2021 ...
About this update from Opawica Explorations Inc.
[{"type":"text","content":"Opawica Explorations Signs Service Agreement with GoldSpot Discoveries Corp.\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Vancouver, B.C. -\n \n \n TheNewswire\n \n \n – June 16, 2021\n \n \n – Opawica Explorations Inc. (TSXV:OPW) (FSE:A2PEAD) (OTC:OPWEF) (the\n“Company” or “Opawica”) is pleased to announce that it has\nengaged GoldSpot Discoveries Corp. (TSXV: SPOT, OTCQX: SPOFF)\n(“GoldSpot”) to assist in the exploration of Opawica’s projects\nin the Quebec Abitibi Greenstone Belt and Central Newfoundland.\n GoldSpot has a large, collaborative team of geoscientists and data\nscientists focused on maximizing the chances of discovery using\nGoldSpot’s proprietary technology and geoscience expertise. GoldSpot\nis a leading technology services company leveraging machine learning\nto transform the mineral discovery process\n \n \n .\n \n \n \n \n Blake Morgan, President and CEO of the Company,\ncommented: “It is a great step forward for Opawica to engage\nGoldSpot with their proven track record coupled with the wealth of\nknowledge they possess in the Abitibi.  We are eager to work with\nGoldSpot to deploy cutting edge modern exploration techniques on our\nproperties. The success of GoldSpot’s smart target approach in\nfinding significant discoveries in Newfoundland will considerably\nincrease the odds of success on our properties. Opawica completed a\n$5.28 million private placement on June 4, 2021 and is fully funded\nfor a 10,000 metre drill program with a treasury on hand to increase\nthe budget. This is the largest contract that GoldSpot has executed\nthis year and demonstrates the confidence that GoldSpot management has\nin Opawica’s assets and management team.”\n \n \n \n \n \"GoldSpot was born from an exhaustive pilot\nproject generated from the decades of data collected on the Quebec\nAbitibi belt. As such, it is with great pleasure that we now announce\nour largest deal this year inclusive of additional royalty and royalty\noptions, which significantly grow our Newfoundland royalty\ncoverage,” said Denis Laviolette, Executive Chairman and President\nof GoldSpot. “The GoldSpot team will work closely with Opawica to\nanalyze geological, geochemical and geophysical data in order to\ngenerate exploratio...