• Opawica (OPW) has intercepted visible gold on its Bazooka property in Quebec
  • It observed significant flakes of visible gold in a quartz vein shear zone over its recent 18-hole program
  • Director Christopher Reynolds joined Dave Jackson to discuss the findings
  • Opawica is a junior exploration company with precious and base metal properties in Quebec and Newfoundland and Labrador
  • Opawica (OPW) is up by 12.82 per cent trading at $0.44 per share

Opawica (OPW) has intercepted visible gold on its Bazooka property in Quebec.

The company completed 18 holes (3,810 m) targeting the Cadillac Shear Zone.

It observed significant flakes of visible gold in a quartz vein shear zone within a silicified zone, including 10 per cent black fine fractured pyrite with traces of arsenopyrite. It intersected the quartz vein shear zone at a depth of 150 m.

Assays are pending.

Bazooka resides along the Cadillac-Larder Lake break/fault, one of the most prolific auriferous structures in the world. Gold mineralization occurs within mixed quartz-carbonate-sericite and talc-chlorite schists of sedimentary and ultramafic to mafic volcanic protoliths.

Director Christopher Reynolds joined Dave Jackson to discuss the findings.

Opawica is a junior exploration company with precious and base metal properties in Quebec and Newfoundland and Labrador.

Opawica (OPW) is up by 12.82 per cent trading at $0.44 per share as of 10:29 am EST.

More From The Market Online
GoGold - GoGold Resources' Parral operation in Mexico.

Three mining stocks that look cheap with gold at all-time highs

If you've noticed that gold mining stocks haven't been tracking gold's recent ascension to all-time highs, you aren't alone.

@ the Bell: Markets deeply divided amid Middle East flareup

Canada’s main stock index jumped on Friday, aiming to recoup some weekly losses, as investors shed caution around Middle East tensions.

Pegmatite One options Dort Gold Property in B.C.

Pegmatite One (CSE:PGA) enters into an agreement with Bernie Kreft to earn a 100 per cent interest in the Dort project.

GoviEx Uranium must break ground in Niger to keep permit

GoviEx Uranium (TSXV:GXU) enters discussions with the Government of Niger to restart mining operations at its Madaouela project.