3,000,000 tonnes of 1.18% Cu and 2.5 g/t Au of Inferred Mineral Resources, Atikwa Lake Project, Ontario
Highlighted by Hole AT-08-001 which Intersected 183M of 1.57 g/t Au and 0.389% Cu
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Opawica Exploration > Message
Joe_strummer

You can view the Cannacord Report Blurb Here:

Posted by: Insurgentleman on February 27, 2008 12:04PM

 

 Unable to post the entire report but here is the Atikwa portion:

 

"

As alluded to above, small cap mining stocks have not performed in line with the larger cap gold producers or with selective coal, iron ore and base metal stocks. With some renewed stability in the North American markets, we expect capital will begin to flow back into the small caps as investors recognize the value contrasts. Also the environment for small cap explorers remains prospective given the strength of the underlying metal prices and the significant capital going into exploration plays. We believe there is sufficient capital ready to invest in exploration successes. One example of a company receiving market interest following positive news is Opawica Explorations Inc. (OPW : TSX : C$1.57 | Not rated). Opawica intersected Au and Cu mineralization associated with structurally fractured zones in mafic volcanics flows on its 100%-owned Atikwa project near Kenora, Ontario. Drill hole 1 (of 13) intersected 183m grading 1.54 g/t Au and 0.40% Cu and included a 9m intersection grading 10.24 g/t Au and 2.4% Cu. The market responded by trading over 5 million shares per day or about one-third of the shares outstanding in the first two trading days following the news. Opawica’s share price increased from about C$0.45 to a high of C$1.63 before falling back to about C$1.10. "

 

 

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Executive Address
Opw-clark
Dan Clark
President & CEO
August 01, 2008

Dan Clark goes Beyond The Press Results with the latest drill results from Atikwa

View Broadcast