WHITESIDES - CARSCALLEN - WEST TIMMINS GOLD CAMP, ONTARIO

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On December 8, 2011, Opawica Explorations Inc. ("Opawica" / the "Company") (TSX.V; OPW) completed all closing matters relating to a binding commercial agreement with Xstrata Copper Canada, a division of Xstrata Canada Corporation ("Xstrata") to acquire Xstrata's interests in 11 mining tenements in the Whitesides and Carscallen townships, Ontario ("the Properties"). The Properties are situated in the West Timmins, Ontario, region near Melkior Resources Inc. Carscallen properties and approximately 5km west, northwest of Lake Shore Gold Corp. land holdings in the West Timmins gold camp.

The acquisition of the Properties is subject to a royalty and back-in right to Xstrata. Should a deposit containing 250,000 metric tonnes or more of contained copper be discovered, Xstrata may elect to earn back into 51% of the Properties by payment of 2.5 times Opawica's exploration expenditure, increasing to 70% if Xstrata undertakes a Feasibility Study, or incurs $12,000,000 of feasibility study expenditures. If Xstrata does not back into the Properties, it is entitled to a 2% Net Smelter Return royalty.

In consideration for the commercial acquisition of the Properties, Opawica has transferred all of its interests in the Chance Property, located in Timmins, Ontario to Xstrata, and has discontinued all litigation rearding such properties against Xstrata.

Opawica is preparing a surface exploration program that will include at least 1000m of drilling for the first quarter of 2012.