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CDN Maverick Capital Corp. reports on critical-minerals exploration and project-generator activity across North American mining jurisdictions. The company’s recurring updates focus on its 100%-owned Nottaway Property in Québec’s James Bay region, including diamond-drilling authorization, historical core logging and assaying, NI 43-101 technical reporting, and geological work targeting VMS, orogenic gold, and LCT pegmatite mineralization.
Company news also covers staking and expansion of the Chabinoche and Poncheville claim groups, data-driven and AI-assisted mineral targeting, and portfolio exposure to lithium, battery metals, base metals, and precious metals. Capital-market updates include normal course issuer bid activity, warrant exercises, stock-option grants, and related governance or share-capital actions.
CDN Maverick Capital (CSE: CDN) (OTCQB: AXVEF) has announced several key updates. The company has renegotiated its Nevasca Lithium property agreement and increased its stake in NOA Lithium Brines to 6,057,105 common shares and 3,296,470 warrants. The final property payment terms were revised from US$1M (split between cash and shares) to US$500K in cash, with the net smelter royalty repurchase price reduced to US$500K.
The company highlighted its 157,000-hectare lithium exploration portfolio in James Bay, Quebec, notably the Poncheville prospect adjacent to Q2 Metals' Cisco property. Despite current lithium market challenges, with prices dropping from $80,000 to $10,000 per ton, management remains optimistic about long-term growth opportunities, citing recent industry M&A activities. The company's AGM saw the approval of all matters, including the election of five directors and the Omnibus Incentive Plan.
CDN Maverick Capital Corp. (CSE: CDN) (OTCQB: AXVEF) reports on its investment in NOA Lithium Brines Inc. (TSXV: NOAL), which has filed an updated NI 43-101 Technical Report for its Rio Grande Project. The report includes results from the fifth drill hole and a CSAMT survey, leading to a 24% increase in the Mineral Resource Estimate to 4,697,000 tonnes of Lithium Carbonate Equivalent (LCE) with an average concentration of 525 mg/l.
Key highlights include:
- 42% increase in Measured resources to 2,094,000 tonnes of LCE
- 38% increase in Measured and Indicated resources to 2,658,000 tonnes of LCE
- Addition of 616,000 tonnes of LCE in Measured resources at 571 mg/l
- 123,000 tonnes of LCE added to Indicated resources at 594 mg/l
- 159,000 tonnes of LCE added to Inferred resources at 468 mg/l
CDN Maverick Capital Corp. (OTCQB: AXVEF) has amended its Nevasca Property agreement with NOA Lithium, receiving $50,000 in cash and 2,064,750 NOA Lithium shares as part of the third payment. This increases Maverick's stake in NOA Lithium to over 3.1 million shares. The amendment was strategic to benefit from NOA Lithium's recent expansion of its Rio Grande Salar Lithium Project, which grew by 65% to 3,799,000 tonnes of LCE. Additionally, CDN Maverick updated its investment status in Noram Lithium, which announced a new Mineral Resource Estimate for its Zeus project. Noram's indicated resources now include 564 million tonnes grading 956 ppm lithium, with a high-grade core zone having 166 million tonnes at 1,121 ppm lithium, promising a significant future supply of battery-grade lithium carbonate.
CDN Maverick Capital Corp. expands its lithium prospects in James Bay by adding 110,000 hectares through a purchase agreement with Shawn Ryan. The company now controls 150,000 hectares of highly prospective ground for high-value minerals and metals, including lithium. Maverick also completes the acquisition of the Northwind Lake Property, located in the Electric Avenue Lithium District. Additionally, the company hires In Good Standing for land management services to optimize regulatory compliance and asset monitoring.
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