Q2 Metals Concludes Mapping and Sampling Field Work, Confirms Two Additional Spodumene-Bearing Pegmatites
Q2 Metals Concludes Mapping and Sampling
Field Work, Confirms Two Additional
Spodumene-Bearing Pegmatites
Vancouver, British Columbia--(Newsfile Corp. - September 27, 2023) -
Q2 Metals Corp. (TSXV:
QTWO) (OTCQB: QUEXF) (FSE: 458)
("
Q2
" or the "
Company
") is pleased to announce it has
completed its surface mapping and rock sampling activities at the Mia Lithium Property (the "
Property
")
located in the Eeyou Istchee James Bay territory of Quebec. Initial field work was completed on
September 15 and the Company intends to begin its inaugural drill program in mid-October at the Mia
Zone.
Two (2) new spodumene occurrences have been discovered, in addition to the previous four (4)
spodumene occurrences which were announced on September 13, 2023. With
the previously known
occurrences at Mia and Carte, there are now a total of nine (9) separate spodumene pegmatite zones
within the Mia Exploration Trend.
A total of 192 individual pegmatite outcrops have been mapped along the Mia Exploration Trend (see
Figure 1). Rock samples have been collected at these sites to confirm the presence of lithium or
indicator elements which may suggest the presence of lithium nearby. The majority of the pegmatite
outcrops along the Mia Exploration Trend exhibit a similar mineralogy and texture compared with the
outcrops that have confirmed spodumene.
To date, 219 rock samples have been collected on the Property since re-mobilization and have been
received by the SGS Canada preparation laboratory located in Val-d'Or, QC.
The results will be reported
as they are received by the Company.
Q2 will return to the Property mid-October to begin its drill program starting at the Mia Zone. It is
anticipated that drilling will continue until weather conditions become unfavorable, and then return once
again during frozen ground conditions in January 2024.
"The recent work program achieved our best case-scenario result of defining several spodumene-
bearing pegmatites along the Mia Trend,"
said Neil McCallum, VP Exploration for Q2 Metals.
"The next
step of drill-testing the Mia Zone is something that we are all incredibly eager to start."
Figure 1
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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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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
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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.sedar.com
.
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