Q2 Metals Discovers New Spodumene Pegmatite Occurences and Extends the Mia Lithium Exploration Trend to 9.7 Kilometres
Q2 Metals Discovers New Spodumene
Pegmatite Occurences and Extends the Mia
Lithium Exploration Trend to 9.7 Kilometres
Vancouver, British Columbia--(Newsfile Corp. - September 13, 2023) - Q2 Metals Corp. (TSXV:
QTWO) (OTCQB: QUEXF) (FSE: 458)
("
Q2
" or the "
Company
") is pleased to provide an update on
its surface mapping and rock sampling activities at the Mia Lithium Property (the "
Property
") located in
the Eeyou Istchee James Bay territory of Quebec.
Four new spodumene pegmatite occurrences
1
have been discovered on the Mia Exploration Trend
(see
Figure 1). Three of the outcropping pegmatite zones are located between the previously known Mia and
Carte mineralized zones (see previous Q2 announcement from June 29, 2023). The other new discovery
is located 1,400 metres northeast of the Carte Zone, thus extending the distance between the lithium
mineralized occurrences on the trend to 9.7 kilometres.
A total of 136 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, 212 rock samples have been collected on the Property since re-mobilization. The crew will
continue the current mapping and sampling campaign until September 15. Following that, Q2 will return
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 work completed thus far in a short amount of time back on the Property has exceeded my
expectations. The true scale of the Mia Trend is unfolding with our work, and sets the stage for our follow
up core drilling campaign," said Neil McCallum, VP Exploration for Q2 Metals.
Figure 1.
Mia Lithium Property Summary, September 2023
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1454/180441_9c4c235e542c3a39_001full.jpg
Figure 2. Photos, new spodumene samples and Carte Zone Outcrop, Mia Property
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1454/180441_9c4c235e542c3a39_002full.jpg
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.sedar.com
.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
1
Cautionary Statement-
Q2 cautions that visual observations of spodumene should not be
considered a proxy or substitute for laboratory analysis, which are required to determine the grade of
the mineralisation. Analytical information will be reported when received.
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https://www.newsfilecorp.com/release/180441