ancouver, British Columbia--(Newsfile Corp. - May 2, 2024) - CDN Maverick Capital Corp. (CSE: CDN) (OTCQB: AXVEF) (FSE: A117RU) ("Maverick" or the "Company") is pleased to announce the successful expansion of its lithium prospects in James Bay; adding an additional 110,000 hectares to its portfolio.
Additional Purchase Agreement with Shawn Ryan
Maverick has entered into an additional purchase agreement with Shawn Ryan, to increase its James Bay area land package with exploration potential for lithium and other high-value minerals including the Poncheville Lithium Prospects in south-central Quebec. The agreement, entered into effective April 17, 2024, allows Maverick to expand its portfolio by adding 2,251 mining claims, equal to approximately 110,000 hectares, for an acquisition cost of $160,000 CAD. This expansion brings Maverick's total land package in the James Bay area to 150,000 hectares of highly prospective ground.
Simon Studer, Interim CEO and COO, explains: "With this strategic consolidation in James Bay, which was practically at-cost, Maverick now controls two contiguous, road-accessible claim blocks, situated 60 miles north of Matagami, covering 150,000 hectares. This area holds potential for several high-value minerals and metals including lithium. see & read more on
https://www.newsfilecorp.com/release/207740/ |