CDN Maverick Reports ON Successful Investment IN Noram: Clayton Valley ON the Radar Noram Receives Initial Assay Results FOR Upper Portion of CVZ-62: High of 1900 PPM & Average of 1049 PPM over 90FT (27 M)
FOR IMMEDIATE RELEASE
CDN MAVERICK REPORTS ON SUCCESSFUL INVESTMENT IN NORAM:
CLAYTON VALLEY ON THE RADAR
NORAM RECEIVES INITIAL ASSAY RESULTS FOR UPPER PORTION OF CVZ-62:
HIGH OF 1900 PPM & AVERAGE OF 1049 PPM OVER 90FT (27 M)
Vancouver, British Columbia – December 22, 2020 – CDN Maverick Capital Corp. (“Maverick” or the
“Company”) (CSE: CDN; OTCPINK: AXVEF; Frankfurt: A117RU) is updating shareholders on its interest in
Noram Ventures Inc. (“Noram”) (TSX - Venture: NRM / Frankfurt: N7R / OTCQB: NRVTF) who are pleased to
highlight the recent confirmation by Tesla to move its headquarters and future programs to Texas/Nevada
immediately. “That, coupled with the very favourable research report by Couloir Capital
(https://bit.ly/2J5vV2y) on Noram’s neighbours, Cypress Development Corp., has successfully brought even
more attention to size and extent of the economic potential of the area. Noram is perfectly positioned to
benefit from the move of this green energy revolution giant into our backyard” stated Anita Algie, CFO and
Director.
Noram has also received the initial assay results for drill hole CVZ-62 (shown below). A total of 26 samples
were rushed to ALS Global Laboratories of North Vancouver, B.C taken from the first 227 ft (69 m) drilled.
From 137 ft (42 m) to 227 ft (69 m) (an intersection of 90 ft or 27 m), the samples contained an average of
1049 ppm lithium. This average is consistent with Noram’s current resource estimate of 124 million tonnes
at 1136 ppm lithium as Indicated Resources, and 77 million tonnes lithium at 1045 ppm lithium as Inferred
Resources (900 ppm Li cut-off: 1.18 million tonnes lithium carbonate equivalent – “LCE”, Figure 1 below –
area highlighted in red) after the completion of the prior 4 phases of drilling.
“The highly prospective clays continue for at least another 207 ft (63 m) below the first 227 ft (69 m)
assayed. We anticipate a much greater total thickness of higher-grade mineralization upon receipt of the
second set of assays,” commented Brad Peek, consulting geologist and Qualified Person for this and all 4 of
the previous drilling phases of Noram’s Zeus lithium property.
The summary of assay results is as follows:
Hole
ID
Sample
No.
From
(ft)
To
(ft)
Depth to
Top
Depth to
Base
Recvd Wt.
(Kg)
Li
(ppm)
CVZ-62 1710144 13 17 3.96 5.18 0.54 630
CVZ-62 1710145 17 27 5.18 8.23 2.2 620
CVZ-62 1710146 27 37 8.23 11.28 1.62 500
CVZ-62 1710147 37 47 11.28 14.33 2.38 580
CVZ-62 1710148 47 57 14.33 17.37 2.66 362
CVZ-62 1710149 57 67 17.37 20.42 2.06 423
CVZ-62 1710150 67 77 20.42 23.47 2.92 550
CVZ-62 1710151 77 87 23.47 26.52 2.98 500
CVZ-62 1710152 87 97 26.52 29.57 2.94 810
CVZ-62 1710153 97 107 29.57 32.61 2.52 640
CVZ-62 1710154 107 117 32.61 35.66 2.94 790
CVZ-62 1710155 117 127 35.66 38.71 2.32 570
CVZ-62 1710156 127 137 38.71 41.76 3.02 770
CSE: CDN
OTCPINK: AXVEF
Frankfurt: A117RU
CVZ-62 1710157 137 147 41.76 44.81 2.54 1210
CVZ-62 1710158 147 157 44.81 47.85 3.02 820
CVZ-62 1710159 157 167 47.85 50.90 3.08 930
CVZ-62 1710160 167 177 50.90 53.95 2.64 710
CVZ-62 1710162 177 187 53.95 57.00 2.24 930
CVZ-62 1710163 187 197 57.00 60.05 3.46 810
CVZ-62 1710164 197 207 60.05 63.09 3.34 1900
CVZ-62 1710165 207 217 63.09 66.14 3.38 1010
CVZ-62 1710166 217 227 66.14 69.19 2.72 1120
Figure 1. Zeus Property map showing a) location of current Indicated and Inferred resources at >900ppm Li cut-off; b) location of
drill sites completed or in progress (seen in green) to date for the Phase V 2020 program. Proposed drill sites not yet explored
indicated in white.
The samples were analyzed by ALS Global Laboratories, North Vancouver, B.C. using the ME-MS61 method,
which includes a four-acid digestion. The samples were accompanied by 4 QA/QC sample standards, all of
which returned results within their respective normal ranges.
The technical information contained in this news release has been reviewed and approved by Brad Peek.,
M.Sc., CPG, who is a Qualified Person with respect to Noram’s Clayton Valley Lithium Project as defined
under National Instrument 43-101.
About CDN Maverick Capital Corp.
CDN Maverick Capital Corp. is a Vancouver-based junior resource company with projects in North America. CDN Maverick is focused on the
development of the following mineral properties:
The Ranger Lake Gold Project consists of 1,107 hectares of prospective gold exploration in southern Quebec, Canada.
The Rainbow Canyon Gold Property consists of 417 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 a nd 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 for ward-looking
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