Opawica
Explorations Inc 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.
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