CDN Maverick Commences Exploration Work at Inferno Silver Property in British Columbia, Canada
FOR IMMEDIATE RELEASE
CDN MAVERICK COMMENCES EXPLORATION WORK AT INFERNO SILVER
PROPERTY IN BRITISH COLUMBIA, CANADA
Vancouver, British Columbia – November 3, 2021 – CDN Maverick Capital Corp. (“Maverick” or
the “Company”) (CSE: CDN; OTCQB:AXVEF; Frankfurt: A117RU) is pleased to announce that it has
commenced exploration work at its recently acquired Inferno Silver Property (the “Property”) in
British Columbia, Canada . The exploration work involves mapping, prospecting and sampling , in
combination with a ground magnetic and very low frequency (VLF) electromagnetic geophysical
survey. Scope of work for the current work is to confirm historical showings and prospects explored
and reported in the past geological / exploration data available on the Property, and to define new
target areas by checking the extensions of known mineralized quartz veins / host sedimentary and
volcanic rocks. Focus of the work is areas around historical showings on the Property including
Inferno, Scarlett, and Stake 2 Occurrences. The field crew was mobilised to the Property in the
week of October 11, 2021 and the fieldwork is expected to be completed in six to eight weeks time
depending upon the weather.
The three mineral occurrences / showings located on the Property are summarized below.
The Inferno Showing, is located on a south-facing slope overlooking Sinmax Creek at an elevation
of 765 metres, approximately 2.3 kilometres southeast of Silverspray Falls on Johnson Creek. In
2011, rock chip sampling yielded up to 504 grams per tonne silver, 1.945 grams per tonne gold,
0.2670 per cent zinc and 0.5020 per cent lead over 0.17 metre in sample IR20; 475 grams per tonne
silver, 0.439 gram per tonne gold, 0.6020 per cent zinc, 0.7620 per cent lead, 0.2370 per cent copper
and 0.2490 per cent antimony over 0.25 metre in sample IR13 and 262 grams per tonne silver, 0.216
grams per tonne gold, 0.4060 per cent zinc, 0.3910 per cent lead, 0.1160 per cent copper and 0.1130
per cent antimony over 0.35 metre in sample IR18 (Assessment Report 33148).
The Scarlet occurrence is located at 1,350 metres elevation near the southwestern end of a ridge
north of Sinmax Creek and east of Johnson Creek. Locally, as exposed in trench OKT88 -1 on the
Scarlet zone, a 1.5-metre wide quartz vein or veined zone in carbonaceous sediments (shales) hosts
scattered pods of galena, pyrite and tetrahedrite with minor sphalerite. The vein(s) have been
exposed over a strike length of 40 metres. Alteration patterns include silicification, bleaching and
limonite. Another trench is exposed a zone of d isseminated pyrite with minor galena stringers. In
1988, selected grab samples (OKG1068 to OKG1072) from trench OKT88 -1 yielded from 331.0 to
495.0 grams per tonne silver, 48.20 to 57.00 per cent lead, 0.02 to 0.21 per cent zinc, 0.010 to 0.041
per cent copper, 0.10 to 0.13 per cent antimony and 0.04 to 0.19 gram per tonne gold (Assessment
Report 18216).
The Stake 2 occurrence is located is near the eastern bank of Johnson Creek, approximately 500
metres north-northeast of its junction with Sinmax Creek. Locally, a quartz vein hosted by chlorite
schists is mineralized with galena and sphalerite with minor pyrite and chalcopyrite. In 1977, a rock
sample assayed 0.717 per cent lead and 0.430 per cent zinc (Assessment Report 6679).
CSE: CDN
OTCQB: AXVEF
Frankfurt: A117RU
Cautionary Statement: Investors are cautioned that the above information has been taken from the
BC Government’s database at following websites:
https://www.mtonline.gov.bc.ca/mtov/home.do. The Company has not ve rified the information
and the information is not necessarily indicative of the mineralization on the Property. The
Company believes that the historic al information is relevant to an appraisal of the merits of the
property and forms a reliable basis for the current exploration program which can help to verify
historical mineralization on the Property
The technical information contained in this news release has been r eviewed and approved by Afzaal
Pirzada., P.Geo., who is a Qualified Person with respect to Maverick’s Inferno Property as defined under
National Instrument 43-101.
About CDN Maverick Capital Corp.
CDN Maverick Capital Corp. is a Vancouver-based junior resource company whose focus is on the development of their
Rainbow Canyon Gold Project, which consists of 668.86 hectares of prospective gold exploration in the Olinghouse
Mining District, in the Washoe County Nevada.
ON BEHALF OF THE BOARD OF DIRECTORS
“Sandy MacDougall”
Chairman & Director
Phone: (604) 662-7902
This news release contains projections and forward - looking information that involve various risks and uncertainties regarding future events. Such
forward - looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties
and are not guarantees of future performance of the Company. The following are important factors that could cause the Company’s actual results
to differ materially from those expressed or implied by such forward looking statements; the uncertainty of future profitability; and the uncertainty
of access to additional capital. These risks and uncertainties could cause actual results and the Company's plans and objectives to differ materially
from those expressed in the forward -looking information. Actual results and future events could differ materially from anticipated in such
information. These and all subsequent written and oral forward - looking information are based on estimates and opinions of management on the
dates they are made and expressed qualified in their entirety by this notice. The Company assumes no obligation to update f orward-looking
information should circumstance or management’s estimates or opinions change.
Neither the Canadian Securities Exchange (“CSE”) nor its Regulation Services Provider (as that term is defined in the policie s of the CSE) accepts
responsibility for the adequacy or accuracy of this release.