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FAQ: Opawica Explorations Company Update and 2025 Accomplishments
TL;DR
Opawica Explorations offers investors exposure to high-priority gold drill targets near major mines, with potential for significant resource discovery and property sale or joint venture opportunities.
Opawica Explorations completed groundwork, drilling, and data review, secured permits, and plans a 10,000m drill program on its Arrowhead property using AI and geological modeling.
Opawica Explorations engages with First Nations and local contractors, aiming to create sustainable projects that benefit all stakeholders in the Rouyn-Noranda region.
Opawica Explorations won Gold Explorer of the Year 2025 and estimates its Bazooka property could contain 1.5-2 million ounces of gold using AI machine learning.
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The update provides shareholders and investors with information about Opawica's recent accomplishments in 2025, including drill permits, completed drilling programs, and industry recognition, while outlining future plans for drilling on the Arrowhead property and exploring joint venture or sale options for the Bazooka property.
Key 2025 accomplishments include receiving drill permits for both Bazooka and Arrowhead properties, announcing over 10,000m of high priority drill targets on each property, completing a drill program on Bazooka with fantastic results, being awarded Gold Explorer of the Year by Metals and Mining Magazine, and establishing a conceptual exploration target for Bazooka of 1.5-2 million ounces of gold.
The next stage is to drill 10,000m of high priority drill targets on the 100% owned Arrowhead property, which already has drill permits in place and is fully surrounded by Agnico Eagle Mines, contiguous to the La Rhonde Complex.
Opawica is exploring Joint Venture and/or sale options for its Bazooka Property, as mentioned in the context of high gold prices generating interest in the company's assets.
Since 2021, Opawica has identified 59 high priority drill targets on Bazooka, successfully permitted drill holes, completed multiple drilling programs with high-grade results, raised over $7.28 million through private placements, listed on OTCQB, engaged GoldSpot Discoveries Corp. for AI machine learning, completed geophysical and seismic surveys, and established strong communications with First Nations and local contractors.
Opawica Explorations was awarded Gold Explorer of the Year for 2025 by Metals and Mining Magazine, as noted in their news release from May 23rd, 2025.
The Arrowhead property is 100% owned by Opawica, has drill permits in place, and is fully surrounded by Agnico Eagle Mines, contiguous to the La Rhonde Complex gold mine. The Bazooka property has 59 high priority drill targets, completed drilling programs with positive results, and a conceptual exploration target of 1.5-2 million ounces of gold.
Opawica completed an oversubscribed private placement raising $5.28 million and an additional $2 million through Flow Through Shares at $0.55, providing significant funding for its exploration programs.
Opawica has completed a 384-line-kilometer geophysical survey on Bazooka, a 2-D deep seismic program on Arrowhead, logged and sampled over 4000m of Bazooka drill core, and compiled historical data for future exploration on gold targets in Rouyn-Noranda.
Curated from NewMediaWire
