CDN Maverick Capital to Begin Drill Program to Test Lithium Pegmatite Targets at Its James Bay Projects
CDN Maverick Capital (CDN.CN) will begin 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, it said Tuesday.The field crew is scheduled to mobilize to the project area on Aug. 28, said the company."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," said executive chair Sandy MacDougall. "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."Shares of the company were last seen down C$0.01 to C$0.26 on the Canadian Securities Exchange.Price: $0.26, Change: $-0.01, Percent Change: -3.70%
