Opawica Explorations Inc. Makes Significant Mineral Discoveries

In a series of recent updates, Opawica Explorations Inc., a mineral exploration company operating in Canada and Argentina, has made headlines with significant findings in its exploration campaigns. The company, listed on the TSX Venture Exchange, has reported substantial mineralization at its Bazooka Property in the Abitibi Gold Belt, capturing the attention of investors and industry analysts alike.

On April 24, 2025, Opawica announced the intersection of a 28-meter zone of mineralization in drill hole OP-25-31. This zone, characterized by shearing, silicification, and quartz veining, was intercepted from 307 to 335 meters. The drill results, which included strong X-ray fluorescence (XRF) readings, underscore the potential of the Bazooka Property for both precious and base metals. This discovery aligns with the company’s strategic focus on the Abitibi Gold Belt, a region renowned for its rich mineral deposits.

Adding to the excitement, CEO.CA, a leading investor social network, revealed that Opawica had also hit a 70-meter zone of mineralization with visible gold. This finding, reported on April 22, 2025, highlights the potential for significant resource development at the company’s exploration sites. The presence of visible gold within the mineralized zone suggests a high-grade deposit, which could enhance the project’s economic viability.

Despite these promising developments, Opawica’s financial metrics reflect the typical volatility associated with exploration-stage companies. As of April 22, 2025, the company’s share price stood at CAD 0.18, with a market capitalization of CAD 6,450,000. The price-to-earnings ratio remains negative at -1.76, indicative of the company’s current lack of profitability, a common scenario for companies in the early stages of exploration.

Looking ahead, Opawica’s exploration efforts are set to continue through the end of 2025. The company’s leadership, including CEO Blake Morgan, remains focused on advancing the exploration program and unlocking the full potential of its assets. With these recent discoveries, Opawica is poised to strengthen its position in the metals and mining sector, attracting further interest from investors seeking opportunities in the junior resource space.

As the exploration campaign progresses, stakeholders will be keenly watching for additional updates on resource estimates and potential development plans. The recent findings at the Bazooka Property could mark a pivotal moment for Opawica Explorations Inc., setting the stage for future growth and success in the competitive mining industry.