Opus One Gold Corp Announces that it Is Completing a High Resolution Regional Aerial Magnetic Survey Over its Entire Land Package in the Casa-Berardi-Douay-Cameron District, Matagami Region, Qc
February 08 2022 - 10:01AM
Opus One Gold Corp (TSX-V: OOR) (the
“
Company” or “
Opus One”) is
pleased to announce that it has contracted a geophysical company to
carry out a high resolution aerial magnetic survey over its Vezza
North, Vezza Extension and Noyell gold exploration projects, all
located close and to the south of the town of Matagami within the
gold prolific Casa-Berardi-Douay-Cameron deformation corridors.
This district is the main focus of Opus One’s exploration effort in
the Abitibi.
The survey will cover the Noyell property which
hosts the gold discovery called Zone 1. The latter was drilled in
2020 and 2021 by Opus One and has now been defined over a strike
length of over 400 m and down to the 375 m level. See the table
below for all detailed intercepts with Metal Factor (grade X
length) above 10.
A table accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/4dcc5eca-51b8-487e-893b-2988c39ce9b1
In addition, the geophysical survey will cover
the Vezza North and Vezza Extension properties. The Vezza Extension
property is interpreted to host the western extension of the former
Vezza Mine mineralized horizon. This highly prospective target was
never drill tested on the property hence its potential remains
hypothetical.
Opus One believes that this high quality survey
will enable the company to fine tune its geological and structural
knowledge of the area and lead to the definition of new drill
targets.
OPUS ONE Resources Inc.
Opus One Resources Inc. is a mining exploration
company focused on discovering high quality gold and base metals
deposits within strategically located properties in proven mining
camps, close to existing mines in the Abitibi Greenstone Belt,
north-western Quebec and north-eastern Ontario - one of the most
prolific gold mining areas in the world. Opus One holds assets in
Val-d'Or, Matagami and Chibougamau areas.
A qualified person, Pierre O’Dowd P.Geo, has
verified the data disclosed, including sampling, analytical, and
test data underlying the information or opinions contained in the
written disclosure as required by section 3.1 and 3.2 of
NI43-101.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of the release.
For more information, please
contact:
Louis Morin
Chief Executive Officer & Director
Tel.: (514) 591-398
Michael W. Kinley, CPA, CA
President, Chief Financial Officer &
Director
Tel: (902) 826-1579
info@OpusOneGold.com
Visit Opus One’s website:
www.OpusOneGold.com
Figures accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/5c2c92db-92d3-47e6-b4de-6f34a50849f9https://www.globenewswire.com/NewsRoom/AttachmentNg/39f3a441-860d-4e13-a6a4-72869210f269
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