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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 10-QSB

|[ x ] | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE      SECURITIES EXCHANGE ACT OF 1934
|----- | --------------------------------------------------------------------------------------------
|      | For the quarterly period ending SEPTEMBER 30, 2002                                          
|[   ] | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934    

Commission file number 000-25515

MAVERICK MINERALS CORPORATION
(formerly known as, Pacific Cart Services Ltd.)(Exact name of registrant as specified in its charter)

|NEVADA(State or other jurisdiction of incorporation or organization) |  | APPLIED FOR (I.R.S. Employer Identification No.)
|-------------------------------------------------------------------- |  | ------------------------------------------------

2501 Lansdowne Avenue
Saskatoon, Saskatchewan, Canada   S7J 1H3(Address of principal executive offices)

Registrant's telephone number including area code: (306) 343-5799

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes [ x ] No [   ]

The number of common shares without par value outstanding on September 30, 2002 was 20,188,250 shares.

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PART I.

ITEM 1.      FINANCIAL STATEMENTS

MOEN AND COMPANY



|PO Box 10129
1400 - 701 West Georgia Street
Vancouver, BC V7Y 1C6 |  | Telephone:Fax:
Email: | (604) 662-8899(604)662-8809
moenandcompany@attcanada.net
|----------------------------------------------------------------- |  | --------------------- | --------------------------------------------------------

INDEPENDENT ACCOUNTANTS' REPORT

To the Directors and Shareholders of
Maverick Minerals Corporation.  (A Nevada Corporation)
Formerly Pacific Cart Services Ltd. 
(An Exploration Stage Company)

We have reviewed the accompanying Consolidated Balance Sheets of Maverick Minerals Corporation (An Exploration Stage Company) (Formerly Pacific Cart Services Ltd.) as of September 30, 2002 and September 30, 2001, and the related Consolidated Statements of Income, Retained Earnings (Deficit), Cash Flows and Shareholders' Equity for the nine month periods then ended, in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants.  All information included in these financial statements is the representation of the management of Maverick Minerals Corporation.

A review consists principally of inquiries of company personnel and analytical procedures applied to financial data.    It is substantially less in scope than an examination in accordance with generally accepted auditing standards, the objective of which is the expression of an opinion regarding the financial statements taken as a whole.  Accordingly, we do not express such an opinion.

On the basis of our review, we are not aware of any material modifications that should be made to the accompanying financial statements in order for them to be in conformity with U.S. generally accepted accounting principles.

F-1





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|MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Consolidated Balance Sheet
September 30, 2002
(Expressed in U.S. Dollars)
(With Comparative Figures at September 30, 2001)
(Unaudited)
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|                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                              
|Cash                                                                                                                                                                                                                                                          
|Prepaid expense                                                                                                                                                                                                                                               
|Accounts receivable                                                                                                                                                                                                                                           
|Loan receivable                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                              
|Equipment                                                                                                                                                                                                                                                     
|Mining & other equipment                                                                                                                                                                                                                                      
|                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                              
|Bank overdraft - represented by cheques unpresented for payment                                                                                                                                                                                               
|Accounts payable                                                                                                                                                                                                                                              
|Loan from Energold Minerals Inc. - unsecured, non-interest bearing                                                                                                                                                                                            
|with no specific terms of repayment                                                                                                                                                                                                                           
|Loans from related parties (Note 3(a))                                                                                                                                                                                                                        
|Management fees payable (Note 3(b))                                                                                                                                                                                                                           
|Notes payable and accrued interest (Note 9)                                                                                                                                                                                                                   
|Current portion of agreement payable, due December 31, 2002 (Note 2(j))                                                                                                                                                                                       
|                                                                                                                                                                                                                                                              
|Long portion of agreement payable - Supreme Court of the Yukon Territory, Canada                                                                                                                                                                              
|                                                                                                                                                                                                                                                              
|Capital Stock                                                                                                                                                                                                                                                 
|                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                              
|Deficit, accumulated during the exploration stage                                                                                                                                                                                                             
|Cumulative currency translation adjustment (Note 2(b))                                                                                                                                                                                                        
|                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                              
|"Robert J. Kinloch"	 Director                                                                                                                                                                                                                                 
|                                                                                                                                                                                                                                                              
|See Accompanying Notes and Independent Accountants' Report                                                                                                                                                                                                    

F-2

- 3 -

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|MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Consolidated Statement of Income
(Expressed in U.S. Dollars)
(Unaudited)
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                                                                
|
|2002                                                                                                                                                                                            
|                                                                                                                                                                                                
|Interest and other income                                                                                                                                                                       
|Accounting and audit fees                                                                                                                                                                       
|Acquisition administration fees                                                                                                                                                                 
|Amortization of deferred                                                                                                                                                                        
|compensation (Note 6)                                                                                                                                                                           
|Automotive expenses                                                                                                                                                                             
|Consulting services - net                                                                                                                                                                       
|Depreciation                                                                                                                                                                                    
|Interest expense                                                                                                                                                                                
|Investor relations                                                                                                                                                                              
|Legal expenses                                                                                                                                                                                  
|Management fees                                                                                                                                                                                 
|Merchandise design                                                                                                                                                                              
|Office expenses                                                                                                                                                                                 
|Repairs and maintenance                                                                                                                                                                         
|Telephone and utilities                                                                                                                                                                         
|Transfer agent fees                                                                                                                                                                             
|Travel expenses                                                                                                                                                                                 
|Wages and benefits                                                                                                                                                                              
|Write off notes payable                                                                                                                                                                         
|Write off loan receivable                                                                                                                                                                       
|Total administration expenses                                                                                                                                                                   
|Profit (Loss) for the period                                                                                                                                                                    
|Income taxes                                                                                                                                                                                    
|Net Profit (Loss) for                                                                                                                                                                           
|the Period                                                                                                                                                                                      
|                                                                                                                                                                                                
|Net Profit (Loss) Per Common Share                                                                                                                                                              
|Basic                                                                                                                                                                                           
|Diluted                                                                                                                                                                                         
|Average Number of Common Shares Outstanding                                                                                                                                                     
|Basic                                                                                                                                                                                           
|Diluted                                                                                                                                                                                         
|                                                                                                                                                                                                
|See Accompanying Notes and Independent Accountants' Report                                                                                                                                      

F-3

- 4 -

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|MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Statement of Retained Earnings (Deficit)
(Expressed in U.S. Dollars)
(Unaudited)
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                                                                        
|                                                                                                                                                                                                        
|                                                                                                                                                                                                        
|                                                                                                                                                                                                        
|                                                                                                                                                                                                        
|                                                                                                                                                                                                        
|                                                                                                                                                                                                        
|Balance, beginning of period                                                                                                                                                                            
|Net Profit (Loss) for the Period                                                                                                                                                                        
|Retained Earnings (Deficit)                                                                                                                                                                             
|See Accompanying Notes and Independent Accountants' Report                                                                                                                                              

F-4

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|MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Consolidated Statement of Cash Flows
(Expressed in U.S. Dollars)
(Unaudited)
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                                                                    
|                                                                                                                                                                                                    
|                                                                                                                                                                                                    
|                                                                                                                                                                                                    
|                                                                                                                                                                                                    
|2002                                                                                                                                                                                                
|Cash Provided by (Used for) Operating Activities                                                                                                                                                    
|Net Profit (Loss) for the period                                                                                                                                                                    
|Items not requiring use of cash                                                                                                                                                                     
|                                                                                                                                                                                                    
|                                                                                                                                                                                                    
|                                                                                                                                                                                                    
|                                                                                                                                                                                                    
|                                                                                                                                                                                                    
|                                                                                                                                                                                                    
|                                                                                                                                                                                                    
|Changes in non-cash working capital items                                                                                                                                                           
|                                                                                                                                                                                                    
|                                                                                                                                                                                                    
|                                                                                                                                                                                                    
|                                                                                                                                                                                                    
|                                                                                                                                                                                                    
|                                                                                                                                                                                                    
|                                                                                                                                                                                                    
|Investing Activities                                                                                                                                                                                
|Acquisition of subsidiary                                                                                                                                                                           
|                                                                                                                                                                                                    
|Net liabilities of AMT Canada Inc.                                                                                                                                                                  
|Purchase of equipment                                                                                                                                                                               
|Proceeds of disposal of mining equipment                                                                                                                                                            
|                                                                                                                                                                                                    
|                                                                                                                                                                                                    
|Financing Activities                                                                                                                                                                                
|Capital stock subscribed                                                                                                                                                                            
|Notes payable                                                                                                                                                                                       
|Loan from Energold Minerals Inc.                                                                                                                                                                    
|Due to Mr. Tube Steak Canada Inc.                                                                                                                                                                   
|Loans from related parties                                                                                                                                                                          
|                                                                                                                                                                                                    
|Increase (Decrease) in Cash                                                                                                                                                                         
|During the Period                                                                                                                                                                                   
|Cash, Beginning of Period                                                                                                                                                                           
|Cash (Overdraft),                                                                                                                                                                                   
|End of Period                                                                                                                                                                                       
|See Accompanying Notes and Independent Accountants' Report                                                                                                                                          

F-5

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|MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Statement of Stockholders' Equity
For the Period From Date of Inception on August 27, 1998 to September 30, 2002
(Expressed in U.S. Dollars)
(Unaudited)
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                                                                                                                                                
|                                                                                                                                                                                                                                                                                
|                                                                                                                                                                                                                                                                                
|                                                                                                                                                                                                                                                                                
|Oct. 5, 98                                                                                                                                                                                                                                                                      
|                                                                                                                                                                                                                                                                                
|Oct. 5, 98                                                                                                                                                                                                                                                                      
|                                                                                                                                                                                                                                                                                
|Dec. 7, 98                                                                                                                                                                                                                                                                      
|                                                                                                                                                                                                                                                                                
|Deferred compensation                                                                                                                                                                                                                                                           
|Deferred compensation amortization                                                                                                                                                                                                                                              
|Net loss for the period                                                                                                                                                                                                                                                         
|Balance, December 31, 1988                                                                                                                                                                                                                                                      
|Feb. 2, 99                                                                                                                                                                                                                                                                      
|                                                                                                                                                                                                                                                                                
|Feb. 3, 99                                                                                                                                                                                                                                                                      
|                                                                                                                                                                                                                                                                                
|Jun. 15, 99                                                                                                                                                                                                                                                                     
|                                                                                                                                                                                                                                                                                
|Deferred compensation                                                                                                                                                                                                                                                           
|Dec 3, 99                                                                                                                                                                                                                                                                       
|                                                                                                                                                                                                                                                                                
|Deferred compensation amortization                                                                                                                                                                                                                                              
|Net loss for year ended December 31, 1999                                                                                                                                                                                                                                       
|Balanc, December 31,1999                                                                                                                                                                                                                                                        
|January 2000 shares for assets of                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                                
|Mar 8, 2000 shares issued for consulting fees                                                                                                                                                                                                                                   
|                                                                                                                                                                                                                                                                                
|                                                                                                                                                                                                                                                                                
|Sep 30, 00                                                                                                                                                                                                                                                                      
|                                                                                                                                                                                                                                                                                
|Deferred compensation amortization                                                                                                                                                                                                                                              
|Shares returned to treasury on cancellation of                                                                                                                                                                                                                                  
|deal with Mr. Tube Steak Canada Inc.                                                                                                                                                                                                                                            
|Cumulative Currency Translation Adjustment                                                                                                                                                                                                                                      
|Net loss for year ended December 31, 2000                                                                                                                                                                                                                                       
|Balance, December 31, 2000                                                                                                                                                                                                                                                      
|Deferred compensation amortization                                                                                                                                                                                                                                              
|August 31, 2001 reduction                                                                                                                                                                                                                                                       
|shares issued - net                                                                                                                                                                                                                                                             
|Shares issued for notes payable - Rod Mancini                                                                                                                                                                                                                                   
|Shares issued for consulting fees CPM                                                                                                                                                                                                                                           
|Group @ $0.10                                                                                                                                                                                                                                                                   
|Shares issued for purchase AMT Canada Inc.,                                                                                                                                                                                                                                     
|acquired by wholly owned subsidiary                                                                                                                                                                                                                                             
|Shares subscribed                                                                                                                                                                                                                                                               
|Shares issued for legal fees Fogler                                                                                                                                                                                                                                             
|Rubinoff LLP                                                                                                                                                                                                                                                                    
|Shares issued for Steven Duff - travel expenses                                                                                                                                                                                                                                 
|at $0.07 per share                                                                                                                                                                                                                                                              
|Net loss for year ended December 31, 2001                                                                                                                                                                                                                                       
|Cumulative currency translation adjustment                                                                                                                                                                                                                                      
|Balance, December 31, 2001                                                                                                                                                                                                                                                      
|Shares issued for debt - Cardinal                                                                                                                                                                                                                                               
|Shares issued for consulting - Getty                                                                                                                                                                                                                                            
|Shares issued for cash                                                                                                                                                                                                                                                          
|Deferred compensation amortization                                                                                                                                                                                                                                              
|Net loss for 9 months ended September 30, 2002                                                                                                                                                                                                                                  
|Balance, September 30, 2002                                                                                                                                                                                                                                                     
|See Accompanying Notes and Independent Accountants' Report                                                                                                                                                                                                                      

F-6

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MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Notes to Consolidated Financial Statements
September 30, 2002
(Expressed in U.S. Dollars)
(Unaudited)

Note 1.      BUSINESS OPERATIONS

a)    The Company date of incorporation and inception was on August 27, 1998 under the Company Act of the State of Nevada, U.S.A. to pursue opportunities in the business of franchising fast food distributor systems.  On May 23, 2001, the Company changed its direction to the energy and mineral resource fields, as an exploration stage company.

b)    The Company adopted a Directors' Resolution, dated February 15, 2002, to amend the original activities of the company by changing its name to Maverick Minerals Corporation.

c)    The Company is considered to be an exploration stage enterprise, as its principal operations have not yet commenced and have not yet produced revenue.

Note 2.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

a)    Administration Costs

Administration costs are written off to operations when incurred.

b)    Translation of Foreign Currency

The functional currency and the reporting currency is the United States Dollar.

Monetary assets and liabilities are translated at the current rate of exchange.

The weighted average exchange rate for the period is used to translate revenue, expenses, and gains or losses from the functional currency to the reporting currency.

The gain or loss on translation is reported as a separate component of stockholders' equity and is not recognized in net income.  Gains or losses on remeasurement are recognized in current net income.

Gains or losses from foreign currency transactions are recognized in current net income.

F-7

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MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Notes to Consolidated Financial Statements
September 30, 2002
(Expressed in U.S. Dollars)
(Unaudited)

Note 2.     SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont'd)

b)    Translation of Foreign Currency (cont'd)

Fixed assets are measured at historical exchange rates that existed at the time of the transaction.

Depreciation is measured at historical exchange rates that existed at the time the underlying fixed asset was acquired.

Capital accounts are translated at their historical exchange rates when the capital stock is issued.

The effect of exchange rate changes on cash balances is reported in the statement of cash flows as a separate part of the reconciliation of change in cash and cash equivalents during the year.

An analysis of the changes in the cumulative currency translation adjustment account, as disclosed as part of stockholders' equity, is as follows:

|                                                           | 2002 |         | 2001
|---------------------------------------------------------- | ---- | ------- | ----
|Beginning balance, December 31, 2001 and December 31, 2000 | $    | (9,302) | $   
|Changes during the period                                  |      | -       |     
|Ending balance, September 30, 2002 and 2001                | $    | (9,302) | $   

c)    Basis of Presentation

These financial statements are prepared in accordance with United States of America Generally Accepted Accounting Principles (GAAP).

d)    Net Loss Per Share

Net loss per common share is computed by dividing the net loss by the weighted average number of shares outstanding during the period.

F-8

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MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Notes to Consolidated Financial Statements
September 30, 2002
(Expressed in U.S. Dollars)
(Unaudited)

Note 2.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont'd)

e)    Fixed Assets / Depreciation

The company depreciates its fixed assets at 20% per annum on a straight-line basis.

|     |                          | June 30,                
|---- | ------------------------ | ------------------------
|2002 | 2001                    
|     | Equipment                | $                       
|     | Mining & other equipment |                         
|     |                          |                         
|     |                          | Accumulated Depreciation
|     |                          |                         

f)    Mining and Exploration Property

These consolidated financial statements include the accounts of a wholly-owned subsidiary, Gretna Capital Corporation, and the latter company's wholly-owned subsidiary AMT Canada Inc. (see Note 2(j)  AMT Canada Inc. has mineral reserve assets in the Yukon Territory, Canada and, accordingly, disclosure is included, below of mineral reserve of AMT Canada Inc., in accordance with FAS 89.

Information provided to AMT Canada Inc. based upon engineering information in September 1996 and March 1997, which is unchanged since those dates, is as follows:

F-9

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MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Notes to Consolidated Financial Statements
September 30, 2002
(Expressed in U.S. Dollars)
(Unaudited)

Note 2.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont'd)



|Ukhm Elsa Properties Reserves
|-----------------------------
|                             
|Mineral
Resources            
|                             
|Silver                       
|                             
|                             
|                             
|                             
|                             
|                             
|                             
|Lead                         
|                             
|                             
|                             
|                             
|                             
|                             
|                             
|Zinc                         
|                             
|                             
|                             
|                             
|                             
|                             
|                             
|                             

F-10

- 11 -

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MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Notes to Consolidated Financial Statements
September 30, 2002
(Expressed in U.S. Dollars)
(Unaudited)

Note 2.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont'd)



|Mineral Resources (100%)
Elsa Properties Mineral Resources
|----------------------------------------------------------
|                                                          
|Mineral Resources                                         
|Silver                                                    
|                                                          
|                                                          
|                                                          
|                                                          
|                                                          
|                                                          
|                                                          
|                                                          
|                                                          
|                                                          
|                                                          
|                                                          
|                                                          
|                                                          
|                                                          
|                                                          
|                                                          
|                                                          
|                                                          
|                                                          
|                                                          
|                                                          
|                                                          

F-11

- 12 -

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MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Notes to Consolidated Financial Statements
September 30, 2002
(Expressed in U.S. Dollars)
(Unaudited)



|Mineral Resources (100%)
Elsa Properties Mineral Resources
as of July 31, 1996
|------------------------------------------------------------------------------
|                                                                              
|Mineral Resources                                                             
|Lead                                                                          
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              

F-12

- 13 -

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MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Notes to Consolidated Financial Statements
September 30, 2002
(Expressed in U.S. Dollars)
(Unaudited)



|Mineral Resources (100%)
Elsa Properties Mineral Resources
as of July 31, 1996
|------------------------------------------------------------------------------
|                                                                              
|Mineral Resources                                                             
|Zinc                                                                          
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              
|                                                                              

Mining properties owned by AMT Canada Inc. are comprised of the United Keno Mine registered in the Mayo Mining Recorder's Officer under the Yukon Quartz Mining Act and all appurtenances thereto, and all of the titled claims registered in that name in the Land Titles Office for the Yukon Territory under the Land Title Act.

F-13

- 14 -

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MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Notes to Consolidated Financial Statements
September 30, 2002
(Expressed in U.S. Dollars)
(Unaudited)

Note 2.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont'd)

g)    Mining Properties and Exploration Costs

Exploration costs and costs of acquiring mineral properties are charged to earnings in the year in which they are incurred, except where these costs relate to specific properties for which economically recoverable resources are estimated to exist, in which case they are capitalized.

Mining properties are, upon commencement of production, amortized over the estimated life of the orebody to which they relate or are written off if the property is abandoned or if there is considered to be a permanent impairment in value.

Investments in Mining Properties

Investments in mining properties over which the company has significant influence but not joint control are accounted for using the equity method.

Site Restoration and Post Closure Costs

Expenditures related to ongoing environmental and reclamation activities are expensed, as incurred, unless previously accrued.

Provisions for future site restoration and reclamation and other post closure costs in respect of operating facilities are charged to earnings over the estimated life of the operating facility, commencing when a reasonably definitive estimate of the cost can be made.

F-14

- 15 -

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MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Notes to Consolidated Financial Statements
September 30, 2002
(Expressed in U.S. Dollars)
(Unaudited)

Note 2.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont'd)

h)    Environment Remedial Liability

SOP 96-1 provides accounting guidance for environmental remedial liabilities.  The Company does not own any properties that are subject to environmental remedial liabilities.  The wholly owned subsidiary, Gretna Capital Corporation, has a wholly owned subsidiary, AMT Canada Inc., that has mineral resource properties in the Yukon Territory, Canada, that have no mineral resource operational activity during the period from date of acquisition of the subsidiary, on November 6, 2001, to September 30, 2002, and accordingly, management is not aware of any known environmental remedial liabilities as at September 30, 2002.  SOP 96-1 is intended to provide guidance for "clean-up" activities rather than preventative or other activities.

i)    Environmental Remediation Costs

AMT Canada Inc. accrues losses associated with environmental remediation obligations when they are probable and reasonably estimable, which usually is no later than the time of completion of the remedial feasibility study.  These accruals are adjusted as additional information is available or if circumstances change.  Costs of future expenditures for environmental remediation obligations are not discounted to their present value.  Expected recoveries of environmental remediation costs from other parties are recognized as assets when their receipt is judged to be probable.

j)    Consolidation

The Company has a Canadian wholly-owned subsidiary, Gretna Capital Corporation ("GRETNA"), which was activated on November 6, 2001.  Accordingly, these financial statements are disclosed on a consolidated basis.

F-15

- 16 -

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MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Notes to Consolidated Financial Statements
September 30, 2002
(Expressed in U.S. Dollars)
(Unaudited)

Note 2.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont'd)

On November 6, 2001, the Gretna Capital Corporation entered into an agreement with the vendor, Advanced Mineral Technology Inc. ("Advanced"), a Nevada Corporation, to Purchase 100% of the outstanding common shares of its wholly-owned subsidiary company, AMT Canada Inc., a Yukon Company that was incorporated on May 17, 2001 under the business corporation Act of Yukon.  The Company made the purchase through its wholly owned subsidiary, Gretna Capital Corporation, an Alberta Company with a closing date of November 15, 2001.

The purchase price of $2,882,092 was satisfied as follows:

As to the sum of $600,000.00 (six Hundred Thousand Dollars) by the issuance of 3,000,000 common shares issued from treasury at a value of $0.20 per share as follows.



|(i)  | Two million shares to be delivered to the Vendor on closing.                                                                                                                                                                                                                                                        
|---- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|(ii) | One million shares to be delivered on the closing date to an escrow option to be applied.  The escrow shall provide for the release of these shares to the vendor provided that, Mr. H. Philip cash remains executive officer of AMT Canada Inc. in a period of net loss that six months following the closing date.

The underlying debt of AMT Canada Inc. totals $2,282,092 incurred by that company pursuant to a vesting order granted by the Yukon Supreme Court on September 6, 2001.  The vesting order effected the transfer of all the assets of United Keno Hill Mines Ltd. of Toronto, Canada, to AMT Canada Inc.  $15,848 ($25,000Cdn) was paid and the payable balance is $2,266,244, due as follows:



|December 31, 2002 | $ | 675,119  
|----------------- | - | ---------
|December 31, 2003 |   | 1,591,125
|                  | $ | 2,266,244

F-16

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MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Notes to Consolidated Financial Statements
September 30, 2002
(Expressed in U.S. Dollars)
(Unaudited)

Note 2.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont'd)

The court orders that the purchase price shall be paid and credited as follows:

a)    the sum of $15,848 ($25,000Cdn) which was paid into Court by the Purchase to the credit of this Proceeding, in May 8, 2001;

b)    the purchaser shall pay an additional $675,119 ($1,050,000Cdn) into Court to the credit of this Proceeding, on or before December 31, 2002 and the balance of the purchase price, plus applicable GST on the payment made up to that point in time, into Court to the credit of this Proceeding on or before December 31, 2003.

In the event the Purchaser engages in the construction, removal or modification of capital works for the maintenance or remediation of any environmental condition or damage on or related to the Assets (the "Environmental Capital Works"), the costs of the Environmental Capital Works incurred on or before December 31, 2003 shall be a credit against the Purchase Price up to the amount of $700,000Cdn (the "Environmental Remediation Credit") and in the event that the costs of the Environmental Capital Works exceed $700,000Cdn, the amount of such excess between $700,000Cdn and $1,500,000Cdn, that is, up to $800,000Cdn (the "Environmental Remediation Allowance"), shall entitle the Purchaser to a deferral of the payment of a portion of the Purchase Price equal to the Environmental Remediation Allowance.

The Environmental Remediation Allowance shall be deducted from the amount otherwise payable by the Purchaser on December 31, 2003 and shall be paid over the two years following that date in equal quarterly installments in the event that commercial production has commenced by December 31, 2003, and in the event that commercial production has not commenced by December 31, 2003, the Environmental Remediation Allowance shall be paid over the three years following that date in equal quarterly installments, with the first installment being due on April 1, 2004.

F-17

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MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Notes to Consolidated Financial Statements
September 30, 2002
(Expressed in U.S. Dollars)
(Unaudited)

Note 2.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont'd)

The Purchase shall provide written quarterly reports detailing all expenditures made in relation to the Environmental Remediation Credit, the Environmental Remediation Allowance and all other capital expenditures made in relation to the Assets until the sooner of the payment of the Purchase Price pursuant to the terms of this order or the Environmental Remediation Allowance meets or exceeds $800,000Cdn.

To the extent permitted by law, the Purchaser shall be entitled to acquire any and all benefits or credits to which the Respondents may be entitled under the Income Tax act (Canada) and which may be transferable to a purchaser of the Assets.

The Assets and the right, title, interest, property claims and demands of the Respondents and any other person or corporation relating to the Assets shall hereby immediately vest in AMT Canada Inc. and its successors and assigns forever free from all claims, charges, liens and encumbrances whatsoever existing as at the date of purchase by AMT Canada Inc.

The security Increases as it relates to the Environmental Remediation Allowance shall be subordinated in the event that such subordination is a condition to the completion of an equity or bank financing in the principal amount of $1,000,000Cdn or more, in relation to the Assets.

F-18

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MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Notes to Consolidated Financial Statements
September 30, 2002
(Expressed in U.S. Dollars)
(Unaudited)

Note 2.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont'd)

Assets and liabilities of AMT Canada Inc. at the date of purchase on November 6, 2001, are as follows:



|Assets                           
|---------------------------------
|                                 
|                                 
|Mining and exploration properties
|Capital Assets                   
|                                 
|                                 
|Liabilities                      
|                                 
|                                 
|NET ASSETS                       
|Paid by                          
|                                 
|                                 

AMT Canada Inc., by its Articles of Incorporation is authorized to issue an unlimited number of common shares without par value.  Four common shares in the capital of the Company were subscribed for the price of $1.00 per share on May 17, 2001, by Advanced Mineral Technology Inc., representing 100% of the shares outstanding of AMT Canada Inc. and these shares have been transferred to Gretna on the date of the acquisition.

F-19

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MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Notes to Consolidated Financial Statements
September 30, 2002
(Expressed in U.S. Dollars)
(Unaudited)

Note 3.    RELATED PARTY TRANSACTIONS:

a)    The loans to related parties are comprised of the following as at September 30, 2002:



|Robert J. Kinloch | $ | 26,229 
|----------------- | - | -------
|H. Phillip Cash   |   | 226,031
|                  | $ | 252,260

These loans are unsecured, bear no interest and have no specific terms of repayment.

b)    On January 8, 2002 and pursuant to the employment agreement disclosed in Note 6, Robert Kinloch, President and Chief Executive Officer of the Company voluntarily reduced his compensation per year due in 2002 from $150,000 to $50,000.  Management fees are $37,500 are expensed for the nine month period ended September 30, 2002, in these financial statements.  This amount is unpaid and is disclosed in current liabilities at September 30, 2002.  He was granted qualified stock options to purchase 1,000,000 common shares of the Company's stock at $0.10 per share, on January 8, 2002, representing 120% of the closing stock price on the date of the grant.

Note 4.    INCOME TAXES

The Company has losses that total $2,066,325 for income tax purposes that may be carried forward to be applied against future taxable income.  The benefit of a potential reduction in future income taxes has not been recorded as an asset at September 30, 2002 as it is reduced to nil by a valuation allowance, due to uncertainty of application of losses.

F-20

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MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Notes to Consolidated Financial Statements
September 30, 2002
(Expressed in U.S. Dollars)
(Unaudited)

Note 5. 	EMPLOYMENT AGREEMENT

An Employment Agreement dated March 15, 1999 was entered into by the Company for a five year period from January 1, 1999 to December 31, 2003, as follows:

Robert Kinloch, to be employed as Executive Vice-President, Chief Operating Officer, and Director of the Company commencing at $22,000 per year and increased by resolution to $150,000 per year effective January 1, 2000.  Mr. Kinloch, Chairman, President and Chief Operating Officer.  Unpaid compensation as at December 31, 2001 of $267,930 relating to this employment agreement has been cancelled as at December 31, 2001.  On January 8, 2002, compensation was reduced to $50,000 per year.

for the above agreement, subsequent year compensation is to be negotiated prior to commencement of a new year.  The compensation has remained unchanged for 2001 from the increased amounts as disclosed in (i), above.  Additional compensation is as follows:



|- | reimbursement of all out-of-pocket expenses payable or incurred by the employee in     
|- | ---------------------------------------------------------------------------------------
|- | connection with his duties under the agreement                                         
|- | all reasonable travelling expenses incurred by the employee in the course of his duties
|- | six weeks paid vacation                                                                
|- | club membership not to exceed $1,000                                                   
|- | stock option package to be negotiated during the first year of employment              

F-21

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MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Notes to Consolidated Financial Statements
September 30, 2002
(Expressed in U.S. Dollars)
(Unaudited)

Note 6.    COMPENSATION/DEFERRED COMPENSATION

Shares have been issued that give rise to compensation expense.  This compensation is amortized over a five year period.  Details of compensation expense and deferred compensation are as follows:

|     | Total                                                                                                                                                                                                         | Compensation | Deferred
Portion
06/30/02 | Compensation
Expense
6 months Ended
June 30,
|---- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------ | ------------------------- | --------------------------------------------
|2002 | 2001                                                                                                                                                                                                         
|a)   | 2,000,000 common shares issued as a finder's fee to Robert Kinloch, a director and officer of the Company at  a price of $0.05 per share                                                                      | $            | 100,000                   | $                                           
|b)   | 5,000,000 common shares subscribed by James Oste, a director and officer of the Company at a cash price of $0.01 per share for a total of $50,000 giving rise to compensation at $0.04 per share, or $200,000 |              | 200,000                   |                                             
|c)   | 250,000 common shares issued for consulting services to David Glass at a price of $0.05 per share                                                                                                             |              | 2,500                     |                                             
|d)   | 3,000,000 common shares exercised on stock options                                                                                                                                                            |              | 117,000                   |                                             
|e)   | 3,000,000 common shares exercised on stock options at a cash price of  $0.001 per share giving rise to compensation of $0.059 per share or $177,000                                                           |              | 177,000                   |                                             
|     |                                                                                                                                                                                                               | $            | 596,500                   | $                                           

F-22

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MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Notes to Consolidated Financial Statements
September 30, 2002
(Expressed in U.S. Dollars)
(Unaudited)

Note 7.    PENSION AND EMPLOYMENT LIABILITIES

The Company does not have any liabilities as at September 30, 2002 for pension, post-employment benefits or postretirement benefits.  The Company does not have a pension plan.

Note 8.    FINANCIAL INSTRUMENTS

The Company's financial instruments consist of bank overdraft, accounts receivable, current liabilities, and long term debt.  It is management's opinion that the Company is not exposed to significant interest, currency or credit risks arising from these financial instruments.  The fair value of these financial statements approximates their carrying values.  The Company does not have any off-balance sheet debt.

Note 9.    NOTES PAYABLE

The company has the following unsecured demand promissory notes payable as at September 30, 2002 with interest accrued at 9% per annum.  There are no specific terms of repayment for these notes payable.



|                                                            |   | Principal                   |  | Interest Accrued to June 30, 2002 |  | Total Balance June 30, 2002
|----------------------------------------------------------- | - | --------------------------- |  | --------------------------------- |  | ---------------------------
|Mallard Construction
Terry Yates
Myles Haverluk
Mark McMunn | $ | 55,276
14,000
14,000
14,000 |  | 19,501
3,510
3,510
3,510          |  | 74,777
17,510
17,510
17,510
|                                                            | $ | 97,276                      |  | 30,031                            |  | 127,307                    

F-23

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MAVERICK MINERALS CORPORATION
Formerly Pacific Cart Services Ltd.
(A Nevada Corporation)
(An Exploration Stage Company)
Notes to Consolidated Financial Statements
September 30, 2002
(Expressed in U.S. Dollars)
(Unaudited)

Note 10.    STOCK OPTION PLANS

(a)    There is a Non Qualifying Stock Option Agreement outstanding at September 30, 2002 with Richard Woytkiw for 150,000 common shares at a purchase price of $0.81 per share, exercisable on or before November 15, 2002.

(b)    On January 4. 2002, the company adopted a new qualified option plan in order to be in a position to attract top personnel to further its strategic plan.  2,000,000 shares will be set aside under the plan.  On January 8, 2002, Robert Kinloch, President and Chief Executive Officer was granted qualified stock options, applicable to this plan, to purchase 1,000,000 at $0.10 per share, representing 120% of the closing stock price at date of grant.

(c)    On September 12, 2002 the Company registered a non-qualifying stock option plan on Form S-8.  The plan became effective on the date of filing and covers 3,000,000 common shares.  As of the close of the third quarter no grants had been made pursuant to the plan.

F-24

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ITEM 2.     MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS

OPERATING DATA

Maverick Minerals Corporation has no active workings at its  lsa Properties mine site in Yukon Canada.  At present the site is under  are and maintenance status and is being maintained pursuant to the type   water license held by the Yukon water board.  The Elsa mining camp is a world class silver camp with more than 160 km of known vein strike length with 65 identified deposits or prospects and 34 deposits that have a documented history of production.  The property covers more than 26,000 acres in a roughly east west belt about 26 km long and up to 8 km wide.

RECENT DEVELOPMENTS

The company instituted a standard shareholders agreement between Gretna Capital Corporation and AMT Canada Inc.  The impetus for the agreement was a review of all governance relationships pursuant to the new regulatory environment.

On November 4th, 2002 the citizens of Yukon, Canada elected the Yukon Party to lead a new majority government.  As the majority of our assets are in this jurisdiction we watch events that could potentially affect the regulatory environment closely.  Public pronouncements of the new government lead us to believe that they are prepared to support the mining industry in the Yukon in a positive way and are prepared to accept the devolution of powers on April 1, 2003 as an opportunity to increase employment and development.  Such a position does not appear to be antithetical to our purposes.

RESULTS OF OPERATIONS

The company has owned the  lsa Properties for less than 1 year consequently year over year comparison must be viewed in that context.

Expenses.  General and Administrative expense for the 3 month period ending Sept. 30, 2002 was $117,263.00.  General and Administrative expenses for the 9 month period ended Sept 30. 2002 were $890,082.00.



Income Taxes.  The company has losses that total $2,066,325 for income tax purposes that may be carried forward to be applied against future taxable income for the period ending Sept. 30 2002.  This compares with $175,880 for the same period in 2001.

Net Income.    The net loss for the period ending Sept. 30, 2002 was $117,263.00.  The loss is comprised exclusively of general and administrative expenses.  The same circumstance is true of the nine months ended Sept. 30, 2002 with a net loss for that period of $890,082.00.

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LIQUIDITY AND CAPITAL RESOURCES

The company has no working capital at September 30, 200s.  With no active operations there is no revenue and consequently no cash flow from operations.

For the quarter ended September 30, 2002 the company raised $20,000 through completion of a single issuance to meet administrative expenses for that period.  Historically the company has raised operating capital through a combination of debt and equity in anticipation of a comprehensive funding to commence operations.

Funding for subsidiary general and administrative expenses has come by way of Shareholder loans for the past two quarters.  For the quarter ended September 30 2002 Shareholder loans totaling $226,031.00 have accrued at the subsidiary level.  These loans as well as the notes payable from Maverick Minerals to various shareholders are all on demand status.

Repair and Maintenance expenditures to mine development activities carried out by a subsidiary at the company  property during the second and third quarter and not as yet retired are now due and payable and in most cases are overdue for payment. The vast majority of the Accounts Payable on the consolidated financial statements are represented by this category.

QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK

The company owns or controls mining claims and leases representing mineral resources of some 940,000 tons of ore. The underlying commodities are principally silver-lead and zinc. A detailed analysis of the reserves held by a wholly owned subsidiary is available in the notes to the financial statement appended hereto.

Accordingly, the company should be exposed to market risk associated with the fluctuation in the price of the underlying commodities.  It is management  contention that its situation is somewhat anomalous in that the risk of not being able to exploit the opportunity presented by the resource because of the inability to raise sufficient capital on reasonable terms is perceived to be greater than the risk of any presented by the commodity itself.  This is not an erroneous perception in our opinion...  Considerable time and effort has been expended to craft an appropriate financing which will allow for implementation of our plan.  If successful our primary risk would default to a commodity risk.  In the absence of such a financing we will be forced to dispassionately look to a scenario that would ensure the survival of the company and take the appropriate steps.  In this circumstance it is possible and likely that serious degradation would accrue to the value of the subsidiary assets we have assembled.

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PART II

OTHER INFORMATION

ITEM 1     LEGAL PROCEEDINGS

The company is not the subject of any legal proceedings as of the end of the third quarter 2002.

ITEM 2.     CHANGES IN SECURITIES AND USE OF PROCEEDS

On July 10th, 2002, the company completed by private placement, the subscription receivable for $20,000.00.  The company received the entire amount as net proceeds and no commissions were paid.  100,000 shares were issued at a price of $0.20 per share.  Proceeds were used for the general and administrative expenses of Maverick Minerals Corporation.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereto duly authorized.

Dated this 14th day of September, 2002.

| | MAVERICK MINERALS CORPORATION
(formerly known as Pacific Cart Services Ltd.
| | ---------------------------------------------------------------------------
| | BY:                                                                        
| |                                                                            

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CERTIFICATION PURSUANT TO
18 U.S.C. Section 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of MAVERICK MINERALS CORPORATION (the "Company") on Form 10-QSB for the period ended September 30, 2002 as filed with the Securities and Exchange Commission on the date here of (the "report"), I, Robert Kinloch, Chief Executive Officer and Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1)	The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2)	The information contained in this Report fairly presents, in all material respects, the financial condition and results of operations of the Company.



| | /s/ Robert Kinloch
Robert Kinloch
Chief Executive Officer
Chief Financial Officer
November 14, 2002
| | ---------------------------------------------------------------------------------------------------

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CERTIFICATION

I, Robert Kinloch, certify that:

1. 	I have reviewed this interim report on Form 10-QSB of Maverick Minerals Corporation;

2. 	Based on my knowledge, this interim report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this annual report; and

3.  	Based on my knowledge, the financial statements, and other financial information included in this interim report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this interim report.

4. 	The Company's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

a) 	designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report is being prepared;

b) 	evaluated the effectiveness of the Company's disclosure controls and procedures as of a date within 90 days prior to the filing date of this quarterly report (the "Evaluation Date"); and

c) 	presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date;

5. 	The Company's other certifying officers and I have disclosed, based on our most recent evaluation, to the Company's auditors and the audit committee of Company's board of directors (or persons performing the equivalent function):

a) 	all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize and report financial data and have identified for the Company's auditors any material weaknesses in internal controls; and

b) 	any fraud, whether or not material, that involves management or other employees who have a significant role in the Company's internal controls; and

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6. 	The Company's other certifying officers and I have indicated in this quarterly report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

Dated this 14th day of November, 2002.



| | /s/ Robert Kinloch
Robert Kinloch
President, Chief Executive Officer, Secretary/Treasurer Chief Financial Officer, and a member of the Board of Directors
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------