CDN Maverick Reports ON Successful Investment in Noram: Noram Doubles Drill Efforts ON ZEUS Property and Looks Forward to Pending Results
FOR IMMEDIATE RELEASE
CDN MAVERICK REPORTS ON SUCCESSFUL INVESTMENT IN NORAM:
NORAM DOUBLES DRILL EFFORTS ON ZEUS PROPERTY
AND LOOKS FORWARD TO PENDING RESULTS
Vancouver, British Columbia – December 3, 2020 – CDN Maverick Capital Corp. (“Maverick” or the
“Company”) (CSE: CDN; OTCPINK: US; Frankfurt: A117RU) is updating shareholders on its interest in Noram
Ventures Inc. (“Noram”) (TSX - Venture: NRM / Frankfurt: N 7R / OTCQB: NRVTF) who are pleased to
announce that the Company has resumed drilling after the US Thanksgiving holiday with two drills and two
crews. The LF-70 rig is completing CVZ-62 and the second crew has started CVZ-63 (Site A as previously
announced in news release titled “Noram Receives Permits for Zeus Fall Phase V Drill Campaign and
Commences Drilling” dated November 10, 2020) with a Longyear 44. The Company intends to complete all
12 holes this month. Additionally, the Company has been in contact with the Bureau of Land Management
and is anticipating the expansion of the permit to include all 12 holes in very short order.
Upon completion of CVZ-61 (with one of the longest lithium claystone intervals to date – see release dated
November 17, 2020 titled “Noram Drills One of the Thickest Claystone Intersections to Date in Previously
Undrilled Area” ), the Company immediately sent samples to ALS Labs located in Reno, Nevada for
processing on a rush basis due to favourable visual inspections of the core. An overview of the stratigraphy
and the corresponding core photos is exhibited below.
Figure 1 - Stratigraphy and core photos for drill hole CVZ-61. This drill hole has 91 meters of lithium claystone in units of
variable color. All of the claystone units except the brown silty claystone have relatively high lithium concentrations in
previous drill holes on the property.
CSE: CDN
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Figure 1 – Zeus Project area. Claystone gently dipping to the Northeast.
“Noram is exceptionally pleased with Phase V to date, the immense support of the market an d our loyal
shareholder base. We passionately believe in the value of the Zeus Project and have gone to exceptional
lengths to protect this asset from unlawful actions and succeed despite challenging conditions.
Management does not take fees or salaries an d we have contributed the bulk of the funding since the
maiden resource was first discovered. The focus of which is to minimize dilution and maximize share value.
With the next significant milestones fully funded, we will aggressively move forward as a maj or player in
Clayton Valley and in the future of lithium claystone extraction” stated Anita Algie, CFO and Director.
The technical information contained in this news release has been reviewed and approved by Brad Peek.,
M.Sc., CPG, who is a Qualified Perso n 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 mater ially from those expressed or implied b y
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 Sec urities Exchange (“CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts re sponsibility for the
adequacy or accuracy of this release.