Vancouver, B.C.
Québec is home to 27 producing mines and over 530 surface mineral mining operations, valuing Québec’s mineral shipments at $8.11 billion in 2016 .* Québec is Canada’s second-largest producer of gold, largest producer of iron and zinc, and the only North American producer of niobium.
The presence of conglomerate reflects preservation of syn-orogenic upper crystal clastic sequences commonly associated with orogenic gold vein systems. The largest known gold resource along this corridor occurs at Marathon Gold Corp.’s Valentine Lake property.
* The qualified person has not verified the information on the Abitibi greenstone belt, and the information disclosed is not necessarily indicative of mineralization on the Company’s properties that is the subject of this press release.
Opawica is a Canadian mineral exploration company with a strong portfolio of precious and base metal properties within the Rouyn-Noranda region of the Abitibi gold belt in Quebec and in Central Newfoundland and Labrador.
Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company’s exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry.