CDN Maverick Capital receives drill permit for Nottaway

Executive Summary

• CDN Maverick Capital Corp. has received an Authorization to Impact-Causing Exploration Work Permit (ATI) from Quebec, allowing diamond drilling on its 100%-owned Nottaway property.
• The permit, issued February 16, 2026, is valid for three years and targets high-conductivity electromagnetic conductors modeled by Soquem Inc. that were previously missed or poorly tested.
• Historic drilling by Soquem in 2015 intersected anomalous Zn, Cu, Pb, Ag, and Au values, and a Maxwell plate with an estimated conductivity of 500 siemens per meter remains untested.

Key Details

• Permit Details: Authorization of impact-causing exploration work permit (ATI) issued by Quebec's Ministère des Ressources Naturelles et des Forêts.
• Validity: The permit was issued on Feb. 16, 2026, and is valid for three years.
• Location: Nottaway property, located approximately 75 km north-northeast of Matagami, Quebec.
• Ownership: 100% owned by CDN Maverick Capital Corp.
• Target Geology: Volcanogenic massive sulphide (VMS) mineralization hosted within the Opatica subprovince.
• Historical Context: Historic drilling by Soquem in 2015 intersected sulphide-bearing horizons with anomalous zinc, copper, lead, silver, and gold values.
• Geophysical Reinterpretation: A subsequent reinterpretation (GM71706) concluded that several electromagnetic subsurface conductors were not effectively tested due to drill orientation and positioning.
• Specific Target: A Maxwell plate with an estimated modelled conductivity of 500 siemens per meter remains untested.
• Company Outlook: Interim CEO Simon Studer stated the company is ready to drill "extremely prospective, yet untested, high-conductivity electromagnetic conductors" and expects significant strides for shareholders in 2026.
• Qualified Person: Technical information reviewed and approved by Clyde McMillan, MSc, PGeo, an independent consultant.

Notable Quotes

• "Maverick is ready to drill the extremely prospective, yet untested, high-conductivity electromagnetic conductors modelled by Michel Allard for Soquem Inc. Certain holes missed the main conductive bodies entirely yet still intersected very notable values. If this is any indication of what further refined investigation of this target might yield, the company is well on its way to making significant strides for shareholders in 2026," stated Simon Studer, interim chief executive officer and Director.