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MAVERICK TO ENTER CANADA'S "ELECTRIC AVENUE" THROUGH ACQUISITION OF NORTHWIND LAKE LITHIUM PROJECT IN NW ONTARIO
MAVERICK TO ENTER CANADA'S "ELECTRIC AVENUE" THROUGH ACQUISITION OF NORTHWIND LAKE LITHIUM PROJEC...
About this update from Frontier Lithium Inc.
[{"type":"text","content":"\n \n \n \n MAVERICK TO ENTER CANADA'S \"ELECTRIC AVENUE\" THROUGH ACQUISITION OF NORTHWIND LAKE LITHIUM PROJECT IN NW ONTARIO\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n CSE:\n \n CDN\n \n \n OTCQB:\n \n AXVEF\n \n \n \n Frankfurt\n \n :\n \n \n 338B\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n June 21, 2023\n \n \n /CNW/ - CDN Maverick Capital Corp. (\"Maverick\" or the \"Company\") (CSE: CDN) (OTCQB: AXVEF) (\n \n Frankfurt\n \n :\n \n 338B\n \n ) is pleased to announce that it has entered into a definitive mineral property acquisition agreement (the \"Purchase Agreement\"), with certain arms-length vendors (the \"Vendors\"), pursuant to which it proposes to acquire the Northwind Lake Property, a lithium pegmatite exploration project located in the Electric Avenue Lithium District, located approximately 10km north-northwest of the Frontier Lithium Inc. (TSXV: FL) PAK Lithium deposit in the\n \n Red Lake\n \n mining division (\n \n Ontario\n \n ).  The PAK Lithium deposit contains some of\n \n North America's\n \n highest-grade lithium-bearing pegmatites. The PAK deposit has a mineral resource of 7.23 MT of 1.87% Li20 Measured + Indicated Resource and 2.76 MT of 2.22% Li20 Indicated Resource, and hosts rare technical/ceramic grade spodumene with low inherent iron (below 0.1% Fe2O3)*. This area has been coined the \"Electric Avenue\" due to the critical minerals.\n \n \n *See Frontier Lithium's NI 43-101 – Technical Report PAK Property – PAK, Red Lake Mining District dated April 2021.  The Company cautions that results obtained on nearby properties do not necessarily imply the existence of similar mineralization or geological features on the Company's properties.\n \n \n \"With this acquisition, Maverick will increase its foothold in the lithium space: capitalizing on the enthusiasm for localized supply chains; one of the fundamental drivers for the lithium market.\n \n Ontario\n \n specifically, is injecting more and more funds as part of their mandate to make t...