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
Agoraa

NEWS - Opawica Explorations Inc. Announces Atikwa Lake Drill Results

Posted by: AGORACOM on July 31, 2008 01:48PM

Opawica Explorations Inc.(“Opawica” / the “Company”) (TSX: OPW) announces the following drill hole results from the in-fill drilling program of the Maybrun gold and copper deposit on the Company’s Atikwa Lake property located near Kenora, Ontario.

Opawica has now completed 69 drill holes on the Atikwa Lake property totalling 13,436 meters under the current 2008 drilling program. Opawica has previously reported on 37 of the 69 holes drilled under the current program. The Company is reporting on 6 further recently received holes and has restated previously announced hole AT-08-32 to include an interval of 1m of 12.11% copper per tonne within 3m of surface as detailed in Table 1 below.

Hole AT-08-43 has returned the highest grade gold intercept to date, for Opawica drilling, of118 g/t Au which check assayed up to 159.77 g/t Au over 1.1m at a vertical depth of about 20m. This interval has been cut to 30 g/t Au as detailed in table 1 below. Assay results are pending on a further 26 holes all of which are a part of the Maybrun zone in-fill drilling program. The purpose of this in-fill drilling is to enable an independent resource calculation to be carried out by Golder & Associates Ltd. on the Maybrun deposit. This resource calculation is expected to be completed within the next three months and is scheduled to be delivered to the Company contemporaneously with the metallurgical test work results on Atikwa Lake (Maybrun) ores being conducted by Gekko Systems Pty Ltd. of Australia.



Table No. 1 – Further Assay Results Received For Opawica 2008 Drilling — Atikwa Lake Project

From

To

Width

Gold (g/t)

Hole No.

Section

Target

(m)

(m)

(m)

Cut to 30 g/t

Uncut

Cu %

AT-08-032

910 N

Maybrun

2.75

43.00

40.25

0.39

0.39

0.896

Including

2.75

19.20

16.45

0.72

0.72

1.767

Including

2.75

6.00

3.25

0.83

0.83

4.363

Restated

Including

4.00

5.00

1.00

1.13

1.13

12.110

AT-08-038

970 N

Maybrun

91.65

123.80

32.15

0.28

0.28

0.194

Including

113.00

118.00

5.00

0.71

0.71

0.479

163.00

177.60

14.60

0.10

0.10

0.185

AT-08-039

985 N

Maybrun

61.20

117.00

55.80

0.34

0.34

0.296

Including

61.20

78.50

17.30

0.87

0.87

0.461

Including

64.00

65.00

1.00

2.48

2.48

0.256

And

72.00

77.80

5.80

1.55

1.55

0.920

Including

73.00

74.00

1.00

4.56

4.56

3.010



AT-08-040

1045 N

Maybrun

7.00

102.00

95.00

0.19

0.19

0.200

Including

7.00

35.50

28.50

0.26

0.26

0.279

Including

7.00

19.00

12.00

0.50

0.50

0.506

And

67.00

83.00

16.00

0.23

0.23

0.324

And

93.90

102.00

8.10

0.60

0.60

0.463

Including

93.90

95.00

1.10

3.62

3.62

0.990

AT-08-041

1015 N

Maybrun

66.00

103.00

37.00

0.37

0.37

0.352

Including

81.00

92.00

11.00

0.76

0.76

0.559

131.00

137.00

6.00

0.26

0.26

0.529

AT-08-042

1045 N

Maybrun

64.30

138.00

73.70

0.21

0.21

0.244

Including

128.00

138.00

10.00

0.52

0.52

0.633

Including

137.00

137.60

.60

3.57

3.57

3.280

164.00

168.80

4.80

1.46

1.46

0.978

AT-08-043

1090 N

Maybrun

29.00

53.00

24.00

2.08

6.12

0.518

Including

34.16

43.00

8.84

5.41

16.37

1.214

Including

34.16

36.10

1.94

20.71

70.65

3.938

Including

35.00

36.10

1.10

30.00

118.08

4.020

94.66

97.00

2.34

0.20

0.20

0.348





The above drill intercepts are between 70% and 90% true width of the mineralized zones.

The current phase of drilling of the 69 hole program at Atikwa Lake is now complete and assaying, resource calculations, metallurgical testing and NI 43-101 reports will be completed, compiled and reported by the Company throughout the next three months.

Fire assaying for the Atikwa Lake Property was completed by Swastika Laboratories of Kirkland Lake, Ontario.

The Qualified Person for the Atikwa lake Property is Mr. Fred Sharpley, P.Geo., of Kirkland Lake, Ontario and he has reviewed the contents of this release.

FOR FURTHER INFORMATION CONTACT:
Donald (Dan) M. Clark, President
604-681-3170

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August 01, 2008

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