CDN Maverick Recovers Historical Drill Core at Nottaway Zn-Ag-Pb-Au Project and Raises $504,000 Through Warrant Exercise

Executive Summary

• CDN Maverick Capital Corp. has begun re‑logging and assaying core from five historic 2015 SOQUEM diamond drill holes on its Nottaway Zn‑Ag‑Pb‑Au project in northern Québec.
• Initial intercepts from the historic drilling include notable zinc, lead and silver grades (e.g., 0.27 % Zn, 0.4 % Pb, 9.7 g/t Ag over 4.5 m).
• The company exercised 3.15 M share purchase warrants for $504 k, fully funding the next phase of work and enabling re‑assay for lithium and other critical elements.

Key Details

• Core Retrieval: Core from five 2015 drill holes (1393‑15‑01 to ‑05) totaling 875 m is being re‑logged, photographed, and sampled under the supervision of Qualified Person Clyde McMillan, M.Sc., P.Geo.
• Sample Collection: 65 half‑ and quarter‑core samples have been taken and sent to ALS Laboratories for multi‑element analysis.
• Historic Intercepts (selected):
• Hole 1393‑15‑02 – 7.0 m interval (114–121 m) with 0.15 % Zn, 0.08 % Pb.
• Hole 1393‑15‑03 – 4.5 m interval (151–155.5 m) with 0.27 % Zn, 0.40 % Pb, 9.7 g/t Ag.
• Geophysical Context: Reinterpretation of 2017 Maxwell plate modeling shows a strong subsurface conductor (≈500 S/m) that was missed by the original drill orientation, indicating additional untapped potential.
• Critical‑Metal Potential: Several pegmatitic and felsic intervals in the core were not previously assayed for lithium or other critical elements; these will be re‑assayed to evaluate Li‑Cs‑Ta (LCT) potential, leveraging proximity (~45 km) to Q2 Metals’ Cisco lithium discovery.
• Funding Status: On 30 Oct 2025, 3,150,000 share purchase warrants were exercised for gross proceeds of $504,000, leaving the company fully funded for upcoming work programs.
• Management Comments:
• Sandy MacDougall (Chairman & Director) highlighted the strategic advantage of re‑assaying historic core for both base‑metal verification and new critical‑metal exploration upside.
• Simon D. Studer (Interim CEO) emphasized the rare opportunity to revisit a decade‑old drill program with modern technical insight, targeting both VMS and lithium‑bearing pegmatite systems.

Notable Quotes

“The recovery of this core gives Maverick an enormous advantage. Not only can we directly verify the historical base metal results, but we can now assay for lithium and other critical minerals known to be prolific in the Greenstone Belt, opening a massive new exploration potential and upside.” – Sandy MacDougall, Chairman & Director

“Recovering the complete SOQUEM core gives us a direct link to the early discovery history of the underexplored southern extension of the Frotet–Evans Greenstone Belt… It’s rare to reopen a project with this level of technical insight and strategic head start.” – Simon D. Studer, Interim CEO

All forward‑looking statements are subject to risks and uncertainties; actual results may differ materially.