EANS-News: Opawica Exploration Inc. /
VANCOUVER, Canada (euro adhoc) -
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Company Information
Opawica Explorations Inc. (TSX.V:
OPW / OTC: OPWEF / Frankfurt: OE5A) ("Opawica" / the "Company")
announces the following drill hole results from the Company's Atikwa
Lake gold and copper project near Kenora, Ontario. Results
Received For Opawica 2010 Drilling - Atikwa Lake Property --------
From To Width Au AuEQ Hole No. Section Zone
(m) (m) (m) g/t Cu % g/t -----------------------------
-------------------------------------------- AT-10-13 959 N
Maybrun Main 2.0 44.0 42.0
0.46 0.353 1.07 -----------------------------------------------
-------------------------- including 2.0
21.0 19.0 0.81 0.510 1.68 ---------------------------------
including 8.0 21.0 13.0 1.01 0.623 2.08 ----------------
including 17.0 18.0 1.0 3.28 1.060 5.10AT-10-14 842 N Maybrun
Main 0.0 18.0 18.0 0.29 0.626 1.36 ---------- including 4.0 15.0 11.0 0.40 0.913 1.97 ---------------- including 5.0 11.0 6.0 0.32 1.382 2.69 ---------------- including 10.0 11.0 1.0 0.75 3.860 7.37 ---------------- 59.0 61.5 2.5 5.10 1.558 7.77 --------------------------- including 60.0 61.0 1.0 10.90 0.335 11.47
AT-10-15 865 N Maybrun
Main 0.75 16.0 15.25 0.43 0.735 1.69 ---------- including 1.0 12.0 11.0 0.52 0.911 2.08 ---------------- including 3.0 6.0 3.0 0.93 1.830 4.07 ---------------- 21.0 25.0 4.0 0.21 0.208 0.57
AT-10-17 815 N Maybrun
Main 27.0 33.0 6.0 0.74 0.107 0.92 ---------- 54.0 65.0 11.0 0.22 0.384 0.88 --------------------------- including 54.0 58.0 4.0 0.36 0.632 1.44 ---------------- 73.0 74.0 1.0 2.31 0.783 3.65
AT-10-18 824 N Maybrun
Main 3.5 30.0 26.5 0.69 0.632 1.77 ---------- including 3.5 14.0 10.5 0.30 0.963 1.95 ---------------- and 18.0 30.0 12.0 1.26 0.547 2.20 ------------------- including 18.0 20.0 2.0 5.99 1.472 8.51 ---------------- including 19.0 20.0 1.0 9.83 0.414 10.54 ---------------- 75.0 84.0 9.0 2.13 0.598 3.16 --------------------------- including 76.0 79.0 3.0 4.78 0.802 6.16 ---------------- including 76.0 77.0 1.0 5.81 0.805 7.19 ---------------- --------------------------------------------------------- Note: AuEQ(Au Equivalent)calculated using US$800 / oz for Au and $2.00 per lb for Cu:AuEQ(equal sign)Au+(Cu(x)22.05(x)2.00/800(x)31.1035)
The above drill intercepts are approximately 90% true widths. The above stated AuEq are head grades and do not include metallurgical recovery rates or net smelter returns. Assaying for the above drill core was completed by AGAT of Mississauga, Ontario. A further 7 holes are pending for the current 2010 drill program of which 6 are from the Maybrun Main zone and one deep hole of about 650m in core length is pending from the Footwall Zone. In addition, approximately 700 further drill core samples, averaging about 1m each, are pending from the Footwall Zone from about 22 holes between 2006 to 2010. The Footwall Zone is contiguous to and underlies the Maybrun Main Zone. Mr. Robert Laakso, P.Eng. is the Qualified Person for the Atikwa Lake project and he has reviewed the contents of this release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The forgoing information may contain forward-looking statements relating to the future performance of the Company. Forward looking statements, specifically those concerning future performance or events, are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in the Company's filings with the appropriate regulatory authorities. We seek safe harbour.
end of announcement euro adhoc
Further inquiry note:
Jonathan Samuda, Director, Corporate Secretary, Tel: (604) 681-3170, Fax: (604)
681-3552, Website: www.opawica.com
Branche: Metals & Minerals
ISIN: CA6834762040
WKN: A0M91Y
Börsen: Frankfurt / Open Market
Berlin / free trade