Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

CDN.CN ·

CDN Maverick Reports ON Successful Investment IN Noram: Noram Completes CVZ-63: 120 FT (36.6M) of Mineralization with an Average of 1121PPM & High-Grade Mineralization Starting Almost at Surface

Drill Results

FOR IMMEDIATE RELEASE

CDN MAVERICK REPORTS ON SUCCESSFUL INVESTMENT IN NORAM:

NORAM COMPLETES CVZ-63: 120 FT (36.6M) OF MINERALIZATION WITH AN AVERAGE OF 1121PPM &

HIGH-GRADE MINERALIZATION STARTING ALMOST AT SURFACE

Vancouver, British Columbia – February 2, 2021 – CDN Maverick Capital Corp. (“Maverick” or the

“Company”) (CSE: CDN; OTC QB:AXVEF; Frankfurt: A117RU) is updating shareholders on its interest in

Noram Ventures Inc. (“Noram” or the “Company”) (TSX - Venture: NRM / Frankfurt: N7R / OTCQB: NRVTF)

is pleased to announce the completion of CVZ -63 at a depth of 322 ft (98.1 m). Mineralization was

intersected at only 22 ft (6.7 m) below surface. This is the mo st superficial (near surface mineralization)

intersection Noram has drilled to date during the Phase V drilling campaign.

“CVZ-63 has a thinner section of good lithium grades since it is on the eastern edge of the basin, but it is

interesting to note that the high-grade mineralization starts almost at surface. This result is very significant

for our resource model, as it also shows that the higher-grade lithium mineralization also extends to the

margin of the basin. The tan mudstone/claystone present in CVZ-63 is apparently equivalent to the olive

mudstone/claystone seen in other parts of the project and is also equivalent in lithium grade” 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 intersection of 120 ft (36.6 m) of high grade (1121 ppm Li)

mineralization between 22 ft and 142 f t (6.7m-43.3m) is considered to be a very significant addition to

the project’s resource base.

CSE: CDN

OTCQB: AXVEF

Frankfurt: A117RU

Figure 1a) Strip Log of CVZ -63 outlining the various claystone types encountered at depth from the surface to 322 ft (98.1m)

b) 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 2020/2021 program. Proposed drill sites not yet explored

indicated in white.

From (m) To (m) Lithology

0 6.7 Surface Gravel

6.7 28.0 Tan Mudstone

28.0 39.3 Blue-Black Mudstone

39.3 54.9 Blue Mudstone

54.9 58.5 Sandy Blue Mudstone

58.5 62.2 Blue Claystone/Mudstone

62.2 65.5 Sandy Blue Mudstone

65.5 71.9 Blue Mudstone

71.9 98.1 Lower Brown Mudstone

Table 1 – Summary of Figure 1a Strip Log, describing the lithologies of CVZ -63 from surface to depth of 462ft.

Hole ID

Sample

No. From (ft) To (ft)

Depth to

Top

Depth to

Base Li (ppm)

CVZ-63 1710195 22 32 6.7 9.8 1010

CVZ-63 1710196 32 42 9.8 12.8 1090

CVZ-63 1710197 42 52 12.8 15.8 1450

CVZ-63 1710198 52 62 15.8 18.9 1840

CVZ-63 1710199 62 72 18.9 21.9 1320

CVZ-63 1710200 72 82 21.9 25.0 530

CVZ-63 1710201 82 92 25.0 28.0 740

CVZ-63 1710202 92 102 28.0 31.1 1480

CVZ-63 1710203 102 112 31.1 34.1 1120

CVZ-63 1710204 112 122 34.1 37.2 1010

CVZ-63 1710205 122 132 37.2 40.2 840

CVZ-63 1710206 132 142 40.2 43.3 1020

CVZ-63 1710207 142 152 43.3 46.3 860

CVZ-63 1710208 152 162 46.3 49.4 790

CVZ-63 1710209 162 172 49.4 52.4 680

CVZ-63 1710211 172 182 52.4 55.5 580

CVZ-63 1710212 182 192 55.5 58.5 530

CVZ-63 1710213 192 202 58.5 61.6 930

CVZ-63 1710214 202 212 61.6 64.6 870

CVZ-63 1710215 212 222 64.6 67.7 460

CVZ-63 1710216 222 232 67.7 70.7 580

CVZ-63 1710217 232 242 70.7 73.8 500

CVZ-63 1710218 242 252 73.8 76.8 470

CVZ-63 1710219 252 262 76.8 79.9 640

CVZ-63 1710220 262 272 79.9 82.9 490

CVZ-63 1710221 272 282 82.9 86.0 404

CVZ-63 1710222 282 292 86.0 89.0 386

CVZ-63 1710223 292 302 89.0 92.0 398

CVZ-63 1710224 302 312 92.0 95.1 337

CVZ-63 1710225 312 322 95.1 98.1 288

Table 2 – Summary of assays for CVZ-63

Samples were sent to ALS Labs in North Vancouver on a rush basis and assays are displayed in graphical

form on the strip log. These lakebed sediments have shown very uniform lithologies and lithium grades

over large areas of Clayton Valley.

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 gold properties:

The Ranger Lake Gold Project consists of 1,107 hectares of prospective gold exploration in southern Quebec, Canada.

The Rainbow Canyon Gold Project 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 involv ing 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 forward-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 policies of the CSE) accepts

responsibility for the adequacy or accuracy of this release.