Business
Opawica Hits Visible Gold in New Yvan Zone on the Arrowhead Property
Vancouver, British Columbia--(Newsfile Corp. - June 8, 2022) - Opawica Explorations Inc. (TSXV...
About this update from Opawica Explorations Inc.
[{"type":"text","content":"Opawica Hits Visible Gold in New Yvan Zone on the Arrowhead PropertyVancouver, British Columbia--(Newsfile Corp. - June 8, 2022) - Opawica Explorations Inc. (TSXV: OPW) (FSE: A2PEAD) (OTCQB: OPWEF) (the \"Company\" or \"Opawica\") is pleased to provide an update on the Arrowhead Property in Rouyn Noranda camp of the Abitibi in Quebec.Highlights include:Discovery of a possible new extension on the eastern portion of the Arrowhead PropertyVisible gold seen in the drill core of the new eastern zone is known as the Yvan ZoneEastern zone hosts new geological information which is not represented at surfaceCompany president and chief executive officer, Blake Morgan, commented, \"Drilling is progressing extremely well on our Arrowhead Property. With several visually exciting holes drilled, the team is looking forward to receiving the assay results. This new Yvan Zone has been a high priority to the Opawica geologists, and we are thrilled to not only have drilled a small portion of it, but to have hit visible gold, adding to our new potential extension theory.\"In 2016, the Company collected a total of 36 rock outcrop samples over the entire property to cover the outcropping felsic volcanics. These samples were analysed for multi elements, whole rock oxides and rare earth elements to determine the geochemical alteration and element content. The objective of the rock outcrop geochemistry survey was to delineate favourable zones for gold-rich volcanogenic massive sulphide deposits.Several type geological geochemistry indexes of the chemistry were generated, these included, PER-GH index, Ishikawa index, Sericite index, Chlorite index Spitz-Darling index, Alkali index, and CCPI (Chlorite Carbonate Pyrite Index). A summary of these indexes is present in Figure 1. Figure 1 visually illustrates four areas of interest. There are three areas on the western part of the property, where the much of the historical drill and current drill program is currently being undertaken, and one the area on the eastern side representing a new exploration target. As a direct result of the 2016 rock analyses, the Company permitted and drilled two holes into the alteration index anomalies on the east side of the property. Holes AR-22-11 and AR-22-12 both have dip of 50⁰ at 175⁰ Az and depth of 447m and 468m respectively. A preliminary review of the ho...