17:48:14 EDT Tue 25 Aug 2026
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CDN Maverick Capital Corp
Symbol CDN
Shares Issued 20,961,382
Close 2026-08-25 C$ 0.26
Market Cap C$ 5,449,959
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CDN Maverick to begin drilling at James Bay

2026-08-25 16:35 ET - News Release

Mr. Sandy MacDougall reports

MAVERICK LAUNCHES DRILL PROGRAM TO TEST LITHIUM PEGMATITE TARGETS AT JAMES BAY

CDN Maverick Capital Corp. will commence a nine-day backpack drilling program on high-priority lithium-cesium-tantalum pegmatite targets across its Chabinoche and Nottaway claim groups in the James Bay region of Quebec. The program is designed to place physical bedrock samples beneath glacial cover on targets that, to date, have only been defined by interpretation of regional geology, geophysics and geochemistry.

"Q2 Metals' Cisco discovery provides a compelling example of the discovery potential that can emerge from systematic exploration of the James Bay region. Cisco's evolution from encouraging surface geological indications to a significant lithium discovery demonstrates the importance of following up on geological signals with modern exploration and drilling. Our Chabinoche claims are strategically positioned immediately adjacent to Cisco within the same Frotet-Evans greenstone belt, providing an exceptional geological context for our exploration strategy. While we recognize that each discovery must stand on its own geological merits, the proximity to Cisco and the similarities in regional geology reinforce our view that Chabinoche warrants a thorough and systematic evaluation. Our objective is to identify and prioritize the highest-quality targets and determine whether the geological characteristics observed across this emerging district extend onto our claims," stated Sandy MacDougall, founder and executive chairman.

Program highlights:

  • Sample sites are laid out on a 900-metre reconnaissance grid, with 68 planned sample sites across the two claim groups.
  • The field crew is set to mobilize to the project area on Aug. 28, 2026.
  • Targets were selected along the interpreted southern extensions of the Frotet-Evans greenstone belt, based on the company's compilation of a 2014 Effigis reinterpretation of geological and geophysical data sets prepared for Soquem Inc.
  • Backpack drilling recovers two sample types from each hole: fresh bedrock and the basal glacial till (bottom of till) sitting directly on that bedrock, giving the company both a direct rock test and a dispersal-based vector toward pegmatite bodies the hole itself may miss.
  • Historic Soquem diamond drilling at Nottaway intersected pegmatite intervals. No LCT indicator minerals were observed in that historic core; however, whole-rock geochemical ratios from a small number of the pegmatite samples fall within ranges typically associated with the LCT pegmatite family, which the company is using only as an exploration vector.
  • The program is separate from, and additional to, the company's planned winter diamond drilling at the drill-permitted Nottaway polymetallic project.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Clyde McMillan, MSc, PGeo (OGQ No. 2193), a qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects), who is a consultant to the company.

About CDN Maverick Capital Corp.

CDN Maverick is a Canadian-based mineral exploration company focused on creating value through the acquisition, advancement and strategic monetization of highly prospective mineral assets. The company employs a disciplined, data-driven approach to identifying opportunities, deploying capital and advancing projects through targeted technical work and modern exploration techniques. As assets mature and value is created, CDN Maverick enhances shareholder value through strategic partnerships, joint ventures, transactions or dispositions while retaining continuing exposure where appropriate through equity interests, warrants, carried interests or other economic participation. Through this asset generation model, the company aims to continuously identify, develop and monetize opportunities while building long-term shareholder value.

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