Curated News
By: NewsRamp Editorial Staff
September 16, 2025
Opawica's Bazooka Property Reveals Major Gold Potential Along Cadillac Fault
TLDR
- Opawica Explorations holds 7km of the gold-rich Cadillac-Larder Lake Fault, with high-grade zones offering significant discovery potential and competitive advantage in the Abitibi belt.
- Systematic drilling along the Cadillac-Larder Lake Fault has identified 19 mineralized zones, with 15 grading above 0.55 g/t Au and lengths up to 67.9 meters.
- Responsible mineral exploration creates economic opportunities while advancing sustainable resource development for future generations through careful geological assessment.
- The Bazooka Property spans 1,371 hectares along a 250km fault system that hosts numerous gold deposits, with historical values suggesting major discovery potential.
Impact - Why it Matters
This news matters because successful exploration and development of the Bazooka Property could significantly increase shareholder value for Opawica Explorations and potentially lead to the discovery of a major new gold deposit in one of Canada's most prolific mining regions. The Abitibi greenstone belt has historically produced over 180 million ounces of gold, making any new discovery economically significant. For investors, junior exploration companies like Opawica represent high-risk, high-reward opportunities in the mining sector, where successful drill results can lead to substantial stock appreciation. Additionally, new gold discoveries contribute to Canada's mineral wealth and support local economies through job creation and development in mining communities.
Summary
Opawica Explorations Inc., a junior Canadian exploration company trading on the TSXV, OTC, and FRA exchanges, has announced significant progress at its 100%-owned Bazooka Property in Quebec's Abitibi gold belt. The property spans 1,371 hectares along the prolific Cadillac-Larder Lake Fault system, a major geological structure controlling gold deposits in the region. Recent drilling at the eastern site has revealed 19 gold mineralized zones, with 15 zones showing grades above 0.55 g/t up to 6.12 g/t Au and 16 zones having core lengths exceeding 10 meters, including impressive intercepts up to 67.9 meters.
CEO Blake Morgan emphasizes the property's enormous potential, noting that the company controls seven kilometers of the gold-bearing Cadillac-Larder Lake Fault zone. The western portion of the property, located 4-6 kilometers from recent drilling, contains historical gold mineralization that could represent a large, connected gold system. Opawica plans to systematically test and drill westward to connect these zones, potentially creating a multi-million-ounce deposit similar to neighboring properties that have been acquired for substantial sums, including Yorbeu Resources' $25 million sale in 2024 and Agnico Eagle's multi-billion-dollar acquisition of the adjacent Wassamac property in 2023.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Opawica's Bazooka Property Reveals Major Gold Potential Along Cadillac Fault
