CDN Maverick Reports ON Successful Investment IN Noram: Noram Completes CVZ-66: Ends IN Mineralization at 462FT Continuing to Confirm Resource Dip and Direction
FOR IMMEDIATE RELEASE
CDN MAVERICK REPORTS ON SUCCESSFUL INVESTMENT IN NORAM:
NORAM COMPLETES CVZ-66: ENDS IN MINERALIZATION AT 462FT
CONTINUING TO CONFIRM RESOURCE DIP AND DIRECTION
Vancouver, British Columbia – January 21, 2021 – 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 pleased to
announce the completion of its 6th hole of the Phase V 12 -hole drill program. CVZ-66 was completed to a
depth of 462ft and is one of the four deepest holes drilled to date showing mineralization below 400ft. An
intersection of approximately 301 ft of favourable claystones was evident and drilling ended in blue
claystone which has been shown in past programs to host significant amounts of lithium.
Figure 1a) Strip Log of CVZ-66 outlining the various claystone types encountered at depth from the surface to 462ft 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 program. Proposed drill sites not yet explored indicated
in white.
CSE: CDN
OTCPINK: AXVEF
Frankfurt: A117RU
From (ft) To (ft) Lithology
0 122 Surface Gravel
122 161 Brown Sandy Mudstone
161 213 Olive Claystone/Mudstone
213 269 Blue Claystone/Mudstone
269 342 Blue-Black Claystone/Mudstone
342 462 Blue Claystone/Mudstone
Table 1 – Summary of Figure 1a Strip Log, describing the lithologies of CVZ-66 from surface to depth of 462ft.
“This is an important drill hole for Noram. The Company has not previously drilled in this area, nor at these
depths; consequently, the results w ill significantly impact the resource modelling. From visual inspection
alone, it appears t hat CVZ-66 once again confirm s our theories on the uniform presence of the lakebed
claystone deposits over a huge area or Noram’s claim block ” commented Brad Peek, c onsulting geologist
and Qualified Person for this and all 4 of the previous drilling phases of Noram’s Zeus lithium property.
Samples were sent to ALS Labs in North Vancouver on a rush basis and assays are pending.
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 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 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 objecti ves to differ materially
from those expressed in the f orward-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.