Q2 Metals Commences its Inaugural Drill Program at the Mia Lithium Property, James Bay Territory, Quebec, Canada
Q2 Metals Commences its Inaugural Drill
Program at the Mia Lithium Property, James
Bay Territory, Quebec, Canada
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2023) -
Q2 Metals Corp. (TSXV: QTWO)
(OTCQB: QUEXF) (FSE: 458)
("
Q2
" or the "
Company
") is pleased to announce it has collared the first
drill hole of its inaugural drill program at the 8,668-ha Mia Lithium Property (the "
Property
") located in
the Eeyou Istchee James Bay Territory of Quebec.
Drilling has commenced at the west end of the Mia Lithium Exploration Trend (
Mia Trend
) known as the
Mia Zone, with two active drill rigs at site focused on drilling the confirmed spodumene pegmatite
outcrops in the area.
Figure 1. Photo of drilling at the Mia Zone
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"It's amazing to have achieved this milestone with two drill rigs now turning at the Mia Zone," said Q2 VP
of Exploration, Neil McCallum. "Our team has done an outstanding job of adapting to different obstacles
this exploration season and we're looking forward to learning more over the coming weeks and months
as we continue drill testing the Mia Trend."
It is anticipated that drilling will continue until weather conditions become unfavorable, and then return
once again during frozen ground conditions in January 2024. Youdin-Rouillier Drilling of Eastmain,
Quebec is contracted to complete the diamond drilling with Dahrouge Geological Consulting Ltd. of
Edmonton managing the drill program.
Figure 2. Map of Inaugural drill target area
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Qualified Person
Neil McCallum, B.Sc., P.Geol, is a registered permit holder with the Ordre des Géologues du Québec
and Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral
Projects, and has reviewed the technical information in this news release. Mr. McCallum is a director and
VP Exploration of Q2.
About Q2 Metals Corp
Q2 Metals Corp. is a Canadian mineral exploration company currently advancing exploration of its
8,668-ha flagship Mia Lithium Property in the Eeyou Istchee James Bay Territory of Quebec, Canada
which is host to the Mia Li-1 and Mia Li-2 lithium occurrences. The Company also owns the Stellar
Lithium Property with 77 claims totaling 3,972-ha, located approximately six kilometres north of its Mia
Lithium Property.
Q2 is also exploring the highly prospective Big Hill and Titan gold projects covering approximately 110
km² in the Talgai Goldfields of the broader Warwick-Texas District of Queensland, Australia, hosting 54
high-grade historical gold mines.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Alicia Milne
President & CEO
Jason McBride
Corporate Communications
Telephone:
1 (800) 482-7560
E-mail:
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Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information (collectively,
"forward-looking statements") within the meaning of applicable Canadian legislation. Forward-looking
statements are typically identified by words such as: "believes", "expects", "anticipates", "intends",
"estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such
words and phrases and similar expressions, which, by their nature, refer to future events or results that
may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news
release that are not purely historical are forward-looking statements and include statements regarding
beliefs, plans, expectations and orientations regarding the future including, without limitation, any
statements or plans regard the geological prospects of the Company's properties and the future
exploration endeavors of the Company. Although the Company believes the expectations expressed
in such forward-looking statements are based on reasonable assumptions, such statements are not
guarantees of future performance and actual results or developments may differ materially from those
in the forward-looking statements. Forward-looking statements are based on a number of material
factors and assumptions. Factors that could cause actual results to differ materially from those in
forward-looking statements include failure to obtain necessary approvals, unsuccessful exploration
results, changes in project parameters as plans continue to be refined, results of future resource
estimates, future metal prices, availability of capital and financing on acceptable terms, general
economic, market or business conditions, risks associated with regulatory changes, defects in title,
availability of personnel, materials and equipment on a timely basis, accidents or equipment
breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental
impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration
and development of mines is an inherently risky business and accordingly, the actual events may
differ materially from those projected in the forward-looking statements. Additional risk factors are
discussed in the section entitled "Risk Factors" in the Company's Management Discussion and
Analysis for its recently completed fiscal period, which is available under Company's SEDAR profile
at
www.sedarplus.ca
.
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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
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