SUMMARY
| MINERAL TARGETS | Lithium Pegmatite |
| LOCATION | The Chabinoche Project is located in the James Bay Lithium District situated with road access approximately 60 kilometers north of Matagami in south-central Quebec, Canada. |
| PROPERTY SIZE | 157,000 hectares between the Chabinoche and the Poncheville group of claims for a total of 2862 claims |
| OWNERSHIP | 100% |
The Poncheville Lithium Prospects comprise 2,862 claims, covering approximately 157,184 hectares, with two main targets: the Chabinoche Target spanning around 60,887 hectares, and the Poncheville Target covering about 96,297 hectares. The two blocks were staked to cover some of the highest lithium lake sediment anomalies in central Quebec, with most values exceeding the 97th percentile (28.5 ppm Li), 40% exceeding the 99th percentile (37.3 ppm+ Li), and 27% above the 99.5th percentile (42.6 ppm). Additionally, the lake sediments are highly anomalous in other LCT (Lithium-Cesium-Tantalum) indicator elements such as cesium (Cs) within the 95-99% range (2.2 to 4.5 ppm) and rubidium (Rb) also in the 95-99% range (40-80 ppm).
From a structural perspective, both claim blocks straddle a large, regional NW-SE trending shear zone known locally as the Nottaway Shear Zone, with many cross-cutting structures visible on the regional magnetic tilt derivative map. The Project also straddles Poncheville Lake, where over 100 pegmatite dykes have been mapped along its shore by the Quebec Geological Survey.
The Chabinoche group of claims is located just 8 kilometers from Q2 Metals’ (TSX.V: QTWO) Cisco Property, where a significant lithium discovery was made. In particular, hole CS-24-018 returned significant results of 215.6 meters at 1.69% Li2O, including 64.6 meters at 2.29% Li2O (October 1, 2024). This discovery further validates the exceptional geological potential of the region, reinforcing the prospectivity of Maverick’s Chabinoche and Poncheville claims for lithium exploration. With such a world-class discovery nearby, the area is highly attractive for further exploration and potential joint venture (JV) partnerships to advance development.
