3,000,000 tonnes of 1.18% Cu and 2.5 g/t Au of Inferred Mineral Resources, Atikwa Lake Project, Ontario
Highlighted by Hole AT-08-001 which Intersected 183M of 1.57 g/t Au and 0.389% Cu
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Opawica Exploration > Press Release
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News: Opawica Explorations Inc. Announces Atikwa Lake Results and Project Updates

Posted by: AGORACOM on July 14, 2008 08:40AM


Vancouver, British Columbia - Opawica Explorations Inc. (“Opawica” / the “Company”) (TSX: OPW) announces the following drill hole results from the Atikwa Lake property located near Kenora, Ontario, and other company developments.

ATIKWA LAKE PROPERTY

Opawica Explorations Inc. has completed 68 holes on the Atikwa Lake Property under the current 2008 drilling program. The first 12 holes were released by the Company on May 8, 2008. Opawica is now reporting on an additional 25 holes to include holes AT-08-013 to AT-08-037 inclusive as shown in table No. 1 below. In addition, the Company is also reporting on holes OPW-30 to OPW-35, drilled in 2006-07 on the Northern Gold-Copper Zone located about 800m north of the Maybrun deposit. This additional assaying has now been completed and is outlined in table No.2 below. Assay results are pending on 31 further holes and drilling is ongoing.

Hole Nos. AT-08-015, 16, 17, 19, 20, 22, 23, 25 and 26 were drilled to test induced polarization anomalies, outside of the Maybrun deposit.

Hole Nos. AT-08-018, 21, 24, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36 and 37 were drilled in the Maybrun Deposit as in fill drilling in addition to past drilling on the deposit. Some of these holes intersected gold and copper mineralization effectively at surface. Hole No. AT-28 on section 835N returned values of 0.46 g/t Au and 0.51% Cu over a width of 47.1m from 2.5m to 49.6m; hole No. AT-30 on section 940N assayed 0.70 g/t Au and 0.52% Cu over a width of 40m from 3m to 43m; hole No. AT-32 on section 910N assayed 0.39 g/t Au and 0.896% Cu over a width of 40.25m from 2.75m to 43m including 0.83 g/t Au and 4.363% Cu over a width of 3.25m between 2.75m to 6m in depth; hole No. AT-33 on section 850N assayed 0.55 g/t Au and 0.52% Cu over a width of 68.7m from 2.3m to 71m; hole No. AT-34 on section 865N assayed 0.51 g/t Au and 0.54% Cu over a width of 42.7m from a deeper interval of 64.3m to 107m. The mineralization consists of chalcopyrite and pyrrhotite with gold in pillowed flow basalt. All of the mineralized drill intercepts vary between 70-90% of approximate true width.

Hole Nos. AT-08-013, 14 were drilled in the Northern Gold-Copper Zone which is similar to and 800m north of the Maybrun Zone and has potential as another open pit zone. Hole No. AT-08-013 on section 2100N returned an assay of 0.49 g/t Au and 0.015% Cu over a width of 46.1m from 64.5m to 110.6m; hole No. OPW-07-35 on section 1950N assayed 0.95 g/t Au and 0.14% Cu over a width of 40m from 69m to 109m; hole No. OPW-06-31 on section 2000N assayed 1.23 g/t Au and 0.20% Cu over a width of 69m from 56m to 125m. Additional drilling is required on this northern zone.

Table 1: Assay Results Received For Opawica 2008 Drilling Atikwa Project

From

To

Width

Gold (g/t)

Hole No.

Section

Target

(m)

(m)

(m)

Cut to 30 g/t

Uncut

Cu %

AT-08-013

2100 N

IP

64.50

110.60

46.10

0.49

0.49

0.146

North Z.

Including

64.50

65.00

0.50

3.05

3.05

0.109

And

88.90

96.00

7.10

0.80

0.80

0.357

193.00

215.15

22.15

0.59

0.59

0.091

Including

203.00

204.00

1.00

3.63

3.63

0.053

Page 2

From

To

Width

Gold (g/t)

Hole No.

Section

Target

(m)

(m)

(m)

Cut to 30 g/t

Uncut

Cu %

AT-08-014

2200 N

IP

145.00

152.00

7.00

0.40

0.40

0.181

North Z.

189.00

191.00

2.00

8.38

8.38

0.002

210.10

212.00

1.90

2.56

2.56

0.217

AT-08-015

1900 N

IP

128.00

129.00

1.00

0.31

0.31

0.120

AT-08-016

1300 N

IP

NSV

AT-08-017

1300 N

IP

72.50

74.00

1.50

1.02

1.02

0.080

145.45

146.70

1.25

2.67

2.67

0.002

AT-08-018

1200 N

Maybrun

53.00

76.00

23.00

0.32

0.32

0.206

AT-08-019

1300 N

IP

NSV

AT-08-020

1000 N

IP

24.00

35.00

11.00

1.15

1.15

0.006

including

24.00

25.24

1.24

4.46

4.46

0.002

63.00

65.80

2.80

0.86

0.86

0.019

72.00

115.00

43.00

0.33

0.33

0.016

Including

109.00

109.40

0.40

9.91

9.91

0.028

AT-08-021

1000 N

Maybrun

15.00

75.00

60.00

0.24

0.24

0.352

Including

42.80

65.00

22.20

0.40

0.40

0.474

88.00

89.00

1.00

1.84

1.84

0.104

117.00

121.00

4.00

0.38

0.38

0.244

AT-08-022

800 N

IP

151.46

152.00

0.54

2.66

2.66

0.163

205.00

221.50

16.50

0.50

0.50

0.110

Including

211.00

221.50

10.50

0.73

0.73

0.135

Including

221.00

221.50

0.50

8.25

8.25

0.236

AT-08-023

800 N

IP

NSV

AT-08-024

907 N

Maybrun

4.00

26.00

22.00

0.31

0.31

0.681

97.00

101.00

4.00

1.19

1.19

0.230

136.00

137.00

1.00

1.88

1.88

0.041

AT-08-025

800 N

IP

47.00

53.00

6.00

0.67

0.67

0.101

AT-08-026

700 N

IP

179.00

181.00

2.00

0.22

0.22

0.418

AT-08-027

820 N

Maybrun

73.83

87.00

13.17

0.51

0.51

0.268

Including

73.83

75.00

1.17

3.10

3.10

0.322

150.00

150.70

0.70

3.98

3.98

0.194

153.50

160.60

7.10

1.11

1.11

0.237

195.00

201.00

6.00

0.63

0.63

0.219

AT-08-028

835 N

Maybrun

2.50

49.60

47.10

0.46

0.46

0.511

Including

27.00

33.00

6.00

0.86

0.86

1.090

AT-08-029

925 N

Maybrun

8.56

26.00

17.44

0.57

0.57

0.314

Including

17.00

22.00

5.00

1.62

1.62

0.505

76.00

81.25

5.25

0.46

0.46

0.111

Page 3

From

To

Width

Gold (g/t)

Hole No.

Section

Target

(m)

(m)

(m)

Cut to 30 g/t

Uncut

Cu %

94.00

98.00

4.00

0.96

0.96

0.118

AT-08-030

940 N

Maybrun

3.00

43.00

40.00

0.70

0.70

0.519

Including

4.00

27.00

23.00

1.00

1.00

0.656

Including

8.00

13.00

5.00

3.08

3.08

0.540

AT-08-031

865 N

Maybrun

31.00

54.00

23.00

0.22

0.22

0.511

65.00

78.00

13.00

0.17

0.17

0.588

90.00

104.00

14.00

0.76

0.76

0.467

Including

99.00

100.00

1.00

5.25

5.25

0.780

AT-08-032

910 N

Maybrun

2.75