CDN Maverick recovers historical drill core at Nottaway

Executive Summary

• CDN Maverick Capital Corp. has recovered, logged, and initiated assaying of historical drill core from five 2015 diamond drill holes at its Nottaway zinc-silver-lead-gold project in Northern Quebec.
• The company raised $504,000 through the exercise of 3.15 million share purchase warrants, stating it is now fully funded for future planned work.
• Reinterpretation of 2015 data indicates previous drilling missed principal subsurface conductors; the company is reassaying for critical minerals like lithium, which were not targeted in the original 2015 program.

Key Details

• Core Recovery & Analysis: Core from five 2015 Soquem Inc. drill holes (1393-15-01 to 1393-15-05) totaling 875 metres has been recovered. The core is being relogged, photographed, and reassayed under the supervision of Clyde McMillan, MSc, PGeo.
• Sampling: A total of 65 half-core and quarter-core samples have been collected and submitted to ALS Laboratories for multielement analysis.
• Historical Results: The original 2015 drilling intersected massive pyrrhotite-pyrite horizons with anomalous zinc, lead, and silver values, consistent with a volcanogenic massive sulphide (VMS) environment.
• Geophysical Reinterpretation: Reinterpretation by Michel Allard (2017) incorporated into the 2025 NI 43-101 technical report shows that previous drilling missed the principal subsurface conductors due to orientation and positioning errors. The strongest Maxwell plate, modelled at 500 siemens per metre, remains untested.
• Critical Minerals Focus: The company is reassaying pegmatitic and felsic intervals for lithium and other critical elements, as this potential was unrecognized in 2015. The project is located 45 km southeast of Q2 Metals Corp.'s Cisco lithium discovery.
• Financing: On Oct. 30, 2025, 3.15 million outstanding share purchase warrants were exercised for gross proceeds of $504,000.
• Future Work: The company states it is fully financed for the next planned phases of work, implying follow-up drilling to test the missed conductors.

Notable Quotes

• Sandy MacDougall, Chairman and Director: "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. With recent exercise of warrants, we are fully funded for future planned work."
• Simon D. Studer, Interim CEO: "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. We can now revisit what was drilled a decade ago with a new lens -- one that sees both the potential VMS system they came close to and the lithium potential no one recognized before Cisco. It's rare to reopen a project with this level of technical insight and strategic head start."