CDN Maverick Capital Corp. announced that with the acquisition of Midas Capital Corp. and the Olinghouse Mine Property, the Company now holds 100% interest in 80 minerals claims (668.86 hectares), together referred to as the Rainbow Canyon Project (RC Project) located in Washoe County, Nevada. The property is located about 24 miles (40 km) east of Reno in Washoe County, Nevada. The claims are located in sections 11, 12, 14 and 15 of Township 20 north and Range 23 east on the Mt. Diablo Base Meridian. An inclined shaft, which appears to be the main focus of early work, is located in the SW ¼ of section 12. No records of historic production were found for the Rainbow Canyon property, although the size of the waste dump for the inclined shaft suggests that there are probably several hundred feet of underground workings. Numerous other shafts, adits and prospect pits are visible on the claims and the Project is located less than 5 miles from the past producing Olinghouse Gold Mine. Nevada is one of the top ten historical gold producing states. The Rainbow Canyon area, part of the Olinghouse mining district of northwest Nevada, has seen prospecting and minor gold production since 1860. Initial prospecting was probably done by settlers using the Truckee River valley on their way to California. However, little information has been recorded about the ownership, exploration and production in the area from that time to the present day. Garside and Bonham (1992) suggest that total historical production from lode mining and alluvial placer operations in the Olinghouse district, located 5 km north of the property, was at least 30,000 ounces with small but steady production. Wilson et al (2000) estimate that historical production was over 70,000 ounces. Most of the historical production listed was from prospects and small mining operations in the area of Township 21N, Range 23E to the north of the Rainbow Canyon property.