1
100%
u/Far-Advice3025
1 day ago
:DDNerd: 🄳🄳 :DDNerd:
[DD] CDN Maverick – Been Looking for My Next Junior Mining Play. This One Has My Attention
Tickers: OTC: AXVEF | CSE: CDN | Frankfurt: 338B
Been posting about MAXX for the better part of the last year and obviously that one turned into a hell of a trade. Not saying this is another MAXX. Completely different company and commodity. But I've been looking for another early junior setup with enough going on that the market could eventually wake up to it. CDN Maverick is the one I'm digging into now. They put out an update today and there's actually a lot here.
**Facts:**
* **\~57,000 hectares in James Bay.** 1,046 active claims. That's a serious land position.
* **They already have a drill-permitted polymetallic target.** Historical SOQUEM drilling hit sulphide-bearing zones including 2.85m of massive sulphides.
* **Looks like the old drilling may have missed the better targets.** Later geophysics identified conductors that were either missed or inadequately tested. One priority conductor was modeled around 500 S/m.
* **Next step is drilling.** Technical work recommends roughly 2,700m of diamond drilling. So we're getting past the mapping/modeling stage here.
* **They're sitting beside Q2 Metals' Cisco Project.** Q2 has put out some monster lithium holes next door including 347.1m @ 1.35% Li2O. Doesn't mean CDN has the same thing obviously, but I'm always interested when somebody makes a major discovery and there's an overlooked junior controlling a pile of ground beside it.
* **They've also got Rainbow Canyon in Nevada.** Gold project with multiple targets identified from recent geophysics.
* **And there's an investment portfolio.** \~3.3M Noram shares + warrants, 1.215M Kingman shares + warrants, and 407,500 NOA shares + roughly 3.3M warrants.
**Why it matters:**
This isn't a one-shot junior. James Bay is what interests me most right now. Historical massive sulphides are already there, geophysics says some of the better conductors may never have been properly tested, they're permitted, and there's a recommended drill program ready to go.
Then you've got Nevada and all those equity/warrant positions sitting behind it. Multiple ways this thing can work.
**My view:**
I'm early on this one and still digging. The James Bay setup is what got me interested. If they put holes into those conductors and hit meaningful mineralization, things could get interesting pretty damn fast. If they miss, welcome to junior mining haha. But this is usually when I want to find these things. **Before the drilling, before the results and before everyone suddenly has an opinion on it.**
AXVEF/CDN is officially on my radar. Let's see what the drill bit says. DYODD.