VANCOUVER, Jan. 5 /PRNewswire/ - Opawica Explorations Inc.
(TSX.V: OPW / OTC: OPWEF / Frankfurt: 0E5A) ("Opawica"/ the "Company")
announces the following drill hole results from the Company's 100%
owned Atikwa Lake gold and copper project, Ontario, located about 60km northeast of Rainy
River Resources Ltd.
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From To Width Au AuEQ
Hole # Section Zone (m) (m) (m) g/t Cu % g/t
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AT-10-24 844 N Maybrun Main 163.0 170.0 7.0 0.27 0.420 0.99
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239.0 244.0 5.0 0.32 0.581 1.32
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Maybrun FW 262.0 417.0 155.0 0.32 0.073 0.45
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including 262.0 360.0 98.0 0.45 0.101 0.62
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including 277.0 312.0 35.0 0.98 0.160 1.25
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including 297.0 309.0 12.0 1.87 0.134 2.10
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including 300.0 302.0 2.0 5.18 0.086 5.33
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324.0 329.0 5.0 0.39 0.177 0.69
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356.0 360.0 4.0 0.62 0.250 1.05
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411.0 413.0 2.0 1.08 0.017 1.11
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AT-10-19 886 N Maybrun Main 3.0 20.0 17.0 0.36 0.267 0.82
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including 8.0 11.0 3.0 0.61 0.509 1.48
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and 17.0 20.0 3.0 0.83 0.764 2.14
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including 18.0 19.0 1.0 1.81 1.750 4.81
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AT-10-20 927 N Maybrun Main 24.0 28.0 4.0 1.00 0.696 2.19
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Note:AuEQ(Au Equivalent)calculated using US$800/oz for Au and $2.00 per
lb for Cu: AuEQ = Cu+(Cu*22.05*2.00/800*31.1035)
The intercept in hole AT-10-24 is situated about 150m west and
down dip from hole AT-10-01 and both holes have confirmed a broad
zone of gold and copper mineralization of approximately 155m to
183m wide associated with the new Footwall Zone. This
mineralization is wide open on strike and to depth. Previously
announced hole AT-10-01 has been calculated using the 0.40 g/t AuEq
cut off for Atikwa Lake resources and is outlined below.
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From To Width Au AuEQ
Hole # Section Zone (m) (m) (m) g/t Cu % g/t
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AT-10-01 844 N Maybrun Main 74.8 125.0 50.2 0.30 0.300 0.81
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including 77.0 92.0 15.0 0.64 0.421 1.36
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including 77.0 78.0 1.0 3.07 0.308 3.60
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and 84.0 92.0 8.0 0.78 0.644 1.88
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Maybrun FW 158.0 341.0 183.0 0.35 0.072 0.47
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including 158.0 172.0 14.0 0.07 0.057 0.17
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and 185.6 214.6 29.0 0.20 0.157 0.47
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including 207.0 214.6 7.6 0.41 0.251 0.84
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235.0 271.0 36.0 0.74 0.113 0.93
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including 256.0 271.0 15.0 1.41 0.165 1.69
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including 268.0 271.0 3.0 3.04 0.246 3.46
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also 256.0 260.0 4.0 2.60 0.236 3.00
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including 256.0 258.0 2.0 3.79 0.096 3.95
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276.0 288.0 12.0 1.24 0.045 1.32
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including 284.0 286.0 2.0 5.09 0.003 5.10
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including 285.0 286.0 1.0 8.16 0.004 8.17
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325.0 326.0 1.0 0.42 0.214 0.79
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339.0 341.0 2.0 5.21 0.162 5.49
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including 339.0 340.0 1.0 8.94 0.212 9.30
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Note:AuEQ(Au Equivalent)calculated using US$800/oz for Au and $2.00 per
lb for Cu: AuEQ = Cu+(Cu*22.05*2.00/800*31.1035)
The above drill intercepts are approximate true widths. The
stated AuEq herein are head grades and do not include metallurgical
recovery rates or net smelter returns. Assaying for the above drill
core was completed by AGAT Laboratories of Mississauga, Ontario.
A further 4 holes are pending from the 2010 drill program. In
addition, a further 700 core samples are pending for 11 holes in
the Footwall Zone from holes drilled between 2006 to 2010.
The above Footwall Zone drilling and Maybrun Main Zone drilling
is outside of the previously reported August, 2009 NI 43-101
compliant Mineral Resource Estimates which are as follows:
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Cut-off
Classifi- Grade Mineral Au Cu Au Eq
cation Au Eq Zone Tonnes (g/t) (%) (g/t) Au (oz) Cu (lb)
(g/t)
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Maybrun
Indicated 0.40 Main 7,366,000 0.64 0.41 1.34 151,000 66,466,000
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Maybrun
0.40 Main 1,738,000 1.15 0.30 1.66 64,000 11,622,000
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Inferred Maybrun
0.40 Footwall 5,400,000 0.94 0.18 1.25 163,000 21,696,000
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Maybrun
0.40 North 3,454,000 0.67 0.25 1.10 74,000 18,921,000
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AuEq (Au Equivalent) calculated using US $800 per oz for Au and $2.00 per
lb for Cu.
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, 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.
SOURCE Opawica Explorations Inc.
Copyright n. 5 PR Newswire