Opawica Explorations Inc. announces further assay results from its 100% owned Atikwa Lake gold and copper property located near Kenora, Ontario
VANCOUVER, May 7 /PRNewswire-FirstCall/ - Opawica Explorations Inc. (TSX.V: OPW / OTC: OPWEF / FRANFURT: OE5A)("Opawica" / the "Company") announces further assay results from its 100% owned Atikwa Lake gold and copper property located near Kenora, Ontario.
Hole AT-10-02 contains the following gold and copper mineralization within the overall footwall corridor known as the "Maybrun FW" zone which has a true width of approximately 200m. Within the Maybrun FW zone are several gold and copper intercepts.
Assay Results Received For hole # 2 Opawica 2010 Drilling - Atikwa Lake Property ------------------------------------------------------------------------- From To Width Au AuEQ Hole # Section Zone (m) (m) (m) g/t Cu % g/t ------------------------------------------------------------------------- Maybrun AT-10-02 895 N FW 207.00 237.00 30.00 0.40 0.197 0.74 ------------------------------------------------------------------------- inclu- ding 227.00 234.00 7.00 0.98 0.420 1.70 ------------------------------------------------------------------------- inclu- ding 231.00 232.00 1.00 3.18 0.710 4.40 ------------------------------------------------------------------------- 269.00 288.00 19.00 1.86 0.082 2.00 ------------------------------------------------------------------------- inclu- ding 269.00 274.00 5.00 3.68 0.081 3.82 ------------------------------------------------------------------------- inclu- ding 269.00 270.00 1.00 15.64 0.012 15.66 ------------------------------------------------------------------------- also 281.00 286.00 5.00 2.60 0.089 2.75 ------------------------------------------------------------------------- Note: AT-10-02 above was drilled from 201 to 450m as a deepening of AT-08-036 drilled in 2008 on the Maybrun Main zone. Assay Results For Previous Opawica 2008 DDH AT-08-036 - Atikwa Lake Property ------------------------------------------------------------------------- From To Width Au AuEQ Hole # Section Zone (m) (m) (m) g/t Cu % g/t ------------------------------------------------------------------------- Maybrun AT-08-036 895 N Main 7.17 9.00 1.83 1.43 0.275 1.90 ------------------------------------------------------------------------- 99.00 103.50 4.50 4.52 0.180 4.83 ------------------------------------------------------------------------- inclu- ding 101.00 102.00 1.00 19.24 0.184 19.56 ------------------------------------------------------------------------- 109.00 112.00 3.00 0.49 0.317 1.03 ------------------------------------------------------------------------- 130.00 143.00 13.00 0.36 0.518 1.25 ------------------------------------------------------------------------- 149.00 152.00 3.00 0.20 0.460 0.99 ------------------------------------------------------------------------- ------------------------------------------------------------------------- (Note: AuEQ(Au Equivalent)calculated using US$800 per oz Au and $2.00 per lb for Cu:AuEQ =Au+(Cu*22.05*2.00/800* 31.1035)
Hole AT-10-02 was drilled about 65m on strike and at approximately the same vertical depth (300m) as hole AT-10-01 announced by the Company on April 23, 2010.
Assay results are pending for AT-10-03 which is drilled on the same line as hole AT-10-02 and is about 150m deeper than holes AT-10-01 and 02. Hole AT-10-04 is drilled about 300m on strike from hole AT-10-03 to the same vertical depth of approximately 450m. All 4 holes drilled under the current program have intersected the 200m wide Maybrun FW corridor which underlies the near surface Maybrun Main zone and open pit mineral resources. The Maybrun FW is primarily represented by a breccia zone within altered andesites and some grey porphyry. These rocks contain varying amounts of intermittent sections, or stringers, of chalcopyrite and pyrrhotite.
Assaying of the above drill core from the Atikwa Lake property was completed by Swastika Laboratories of Kirkland Lake, Ontario
Mr. Robert Laakso, P.Eng., is the Qualified Person for the Atikwa Lake property 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.
SOURCE Opawica Explorations Inc.
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