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
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.
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