Opawica Explorations Inc. Announces Drill Results from Bazooka Property Drilling, near Rouyn Noranda, Quebec

Vancouver, British Columbia--(Newsfile Corp. - April 7, 2017) - Opawica Explorations Inc. (TSXV: OPW) (the "Company") announces the following drill hole results from the Company's 100% owned Bazooka East gold property contiguous to the western boundary of the Kinross-Yorbeau Rouyn property situated 7 kilometres south of Rouyn Noranda, Quebec.

The initial Phase I drilling program consisted of five holes totalling 2,172 metres of drilling.

Hole 01 intersected a wide zone of gold mineralization approximately 185 metres east of a Lake Shore Gold Corp. ("LSG") hole drilled in 2004 (BA-03-02A) which returned several narrow high grade gold intercepts with visible gold along with intermittent anomalous gold values. In addition, drilling completed in 2011 by RT Minerals Corp. ("RTM") intersected this favourable horizon (zone) about 50 metres east of current Opawica drilling. This historic hole intersected 17 metres of core length at 7.86 g/t Au (RTM June 21, 2011 press release).

With the 54.8 metre wide zone intersected in current drilling a further review of the historic LSG hole has resulted in the restating of the LSG hole at 1.68 g/t Au (uncut) (including 17 metres at 3.59 g/t Au) and 0.95 g/t (cut to 31 g/t Au) over 48 metres. The current Opawica hole and the historic LSG hole both contained fuchsite and arsenopyrite and are in close proximity to the Cadillac Larder Lake Break ("CLLB").

Hole 02 in the current program intersected highly anomalous gold values (0.17 g/t Au) over the same zone for 39.9 metres. Hole 03 also intersected the same zone returning anomalous gold values (0.12 g/t Au) over 20.5 metres. Hole 04 also hit the same zone returning anomalous gold values and Hole 05 intersected the zone over a width of 65.5 metres containing highly anomalous gold values (0.24 g/t Au).

All of the above current and historic intervals are estimated at approximately 85% to 95% true widths. Assaying was completed by Swastika Laboratories Ltd. of Kirkland Lake, Ontario.

The presence of wide and narrow occurrences of gold mineralization in this zone warrants further drilling. It appears that this gold bearing unit is open on strike and to depth as Archean units of this kind are known to extend several thousand meters in vertical depth.

A program consisting of down hole geophysics to better define drill targets as well as defining areas for infill drilling in and around known historic gold mineralization in the vicinity of the Bazooka shaft is now planned. The purpose of the infill drilling is to attempt to outline resources in the vicinity of the Bazooka shaft. A complete and detailed program will be announced in the next two weeks.

Opawica's Bazooka properties cover 7 kilometres of the prolific CLLB. The Bazooka properties are bound to the west by the Wassamac gold property which is 100% owned by Richmont Mines Inc.

In addition, the Opawica Bazooka properties are bound to the east by the Kinross-Yorbeau Rouyn property which has been optioned by Kinross Gold Corporation ("Kinross"), whereby Kinross has the option to acquire a 100% interest in Yorbeau's Rouyn property for consideration that includes exploration expenditures of Cdn $12 million; cash payments of USD $25 million plus 2% of the prevailing gold price multiplied by the number of ounces of gold in measured, indicated and inferred identified in a resource estimate, yet to be completed; as well as other considerations (see Yorbeau press release dated October 25, 2016). Finally, Opawica also owns 100% of the McWatters property which adjoins the eastern border of the Kinross-Yorbeau Rouyn Property.

Mr. Yvan Bussieres, P.Eng., is the Qualified Person who has prepared or supervised the preparation of the information that forms the basis for the scientific and technical disclosure in this news release.

FOR FURTHER INFORMATION CONTACT:

Fred Kiernicki
President and Chief Executive Officer
Opawica Explorations Inc.
Telephone: 604-681-3170
Fax: 604-681-3552

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this news release.

Forward-looking Statements

Certain statements in this press release relating to the Company's exploration activities, project expenditures and business plans are approximate and are "forward-looking statements" within the meaning of securities legislation. The Company does not intend, and does not assume any obligation, to update these forward-looking statements. These forward looking statements represent management's best judgment based on current facts and assumptions that management considers reasonable, including that operating and capital plans will not be disrupted by issues such as adverse market conditions, mechanical failure, unavailability of parts, labor disturbances, interruption in transportation or utilities, or adverse weather conditions, that there are no material unanticipated variations in budgeted costs, that contractors will complete projects according to schedule, and that actual mineralization on properties may not achieve any category of resource(s). The Company makes no representation that reasonable business people in possession of the same information would reach the same conclusions. Forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. In particular, fluctuations in the price of gold, equity markets or in currency markets could prevent the Company from achieving its targets. Readers should not place undue reliance on forward-looking statements. There is no guarantee that drill results reported in this news release or future releases will lead to the identification of a deposit that can be mined economically, and further work is required to identify resources and reserves.  We seek safe harbour.