Opawica Explorations Inc.
Opawica Explorations Inc. (TSXV: OPW, incorporated 1975) is a Vancouver-headquartered junior explorer focused on gold and base-metal targets in Quebec's Abitibi Greenstone Belt and the Newfoundland gold districts. Its 100%-owned flagship properties are Arrowhead and Bazooka, plus the McWatters property; historical chip sampling at Arrowhead has returned grades up to 90.75 g/t gold over 1 metre. The company identified over 10,000 m of high-priority drill targets at Arrowhead in 2024. All projects are early-stage with no published resource estimate; exploration assets were carried at approximately CAD3.9M as of the FY2024 (Aug 31, 2024) financial statements.
Lifecycle Milestones
Not yet determined: mill, tailings facility, grid power.
Jurisdiction (40%)9/10
Quebec: Fraser PPI 2025 is 79.39 of 100 (rank 23 of 68), which maps to 9 on this site's scale. Abitibi Greenstone Belt, Quebec, Canada -- one of the world's most prolific gold-producing regions and a Tier-1 mining jurisdiction.
Infrastructure (40%)6.4/10
Confirmed road access at Arrowhead Gold Property, Abitibi Gold Belt, Quebec, Canada; existing mill, grid power, and tailings facility not yet researched, counted at a neutral 5/10 until established.
Nearby producing mine (20%)10/10
Westwood (incl. Grand Duc pit) (IAMGOLD Corporation) is 13 km away -- within shared-mill trucking range.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score:8.7/10
Nearest producing mine: Westwood (incl. Grand Duc pit) (IAMGOLD Corporation), 13 km
10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.
Weight 22.5% · 46% here - Lifecycle stageSub-score:1/10
Stage: Grassroots Exploration
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 31% here - JurisdictionSub-score:9/10
Canada: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 14% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 9% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
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Your Rankings
Management Team
Chief Executive Officer and Director of Opawica Explorations Inc., a junior resource company with gold and base-metal properties within the Rouyn-Noranda region of the Abitibi gold belt, Quebec.
Chairwoman and Chief Executive Officer of Quantum Critical Metals Corp. (TSXV: LEAP), and concurrently Chief Financial Officer of Opawica Explorations Inc. CPA, CMA. Twenty years of senior leadership in mining and finance. Previously CFO and responsible for overseeing operations at a cement additive mine in British Columbia.
Director of Opawica Explorations Inc., a director of the company since June 27, 2016.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
No named institutional, strategic, or specialist investor was found in the company's own disclosures, and no insider trading records exist in our data. A 1 means the register was checked and found empty, not that anything is wrong with the company.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Opawica Explorations explores for gold and base metals in Quebec's Abitibi greenstone belt, where its 100%-owned flagship properties are Arrowhead and Bazooka, alongside the McWatters property. Arrowhead lies next to Agnico Eagle's La Ronde complex; historical chip sampling there returned up to 90.75 g/t gold over 1 metre, and the company's first modern drill program in 2022, 4,306m in 14 holes, returned intercepts including 14.8m at 1.52 g/t gold, with 11 of the 14 holes intersecting zones above 1.0 g/t gold. In August 2026 it outlined a strategy for about 10,000m of drilling from 25 permitted drill pads to test high-priority targets, including nine target zones from the 2022 program that were left untested. No resource estimate has been published for any of its projects.
No reports or presentations linked yet.