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QTWO.V ·

Q2 Metals Files Technical Report for the Mineral Resource Estimate for the Cisco Lithium Project

Resource Estimates Technical Reports (NI 43-101)

Q2 Metals Files Technical Report for the Mineral Resource Estimate for the

Cisco Lithium Project

VANCOUVER, British Columbia, June 04, 2026 -- Q2 Metals Corp. (TSX.V: QTWO | OTCQB: QUEXF | FSE: 458) (“Q2” or

the “Company”) is pleased to announce that, in accordance with National Instrument 43-101 – Standards of Disclosure for

Mineral Projects, the technical report titled "Mineral Resource Estimate for the Cisco Lithium Project", with an effective date of

April 20, 2026 and signed June 3, 2026, (the "Technical Report ") has been filed on SEDAR+.

The Technical Report is available on the Company's website at www.q2metals.com as well as on SEDAR+

(www.sedarplus.ca) under the Company's Issuer profile.

Upcoming Events

The Company will be attending the following events:

121 Mining Investment New York, New York June 15 – June 16, 2026

Secretariat to the Cree Nation Abitibi-Témiscamingue Economic

Alliance 2026 Annual Conference

Val D’Or, Quebec June 16 – June 17, 2026

Fastmarkets Global Lithium, Battery and Critical Materials 2026 Las Vegas, Nevada June 22 – June 25, 2026

ABOUT Q2 METALS CORP. 

Q2 Metals is a Canadian mineral exploration company focused on advancing the Cisco Lithium Project which is located within

the greater Nemaska traditional territory of the Eeyou Istchee, James Bay region of Quebec, Canada. The Cisco Deposit is

strategically situated just 6.5 km from the Billy Diamond Highway, providing access to rail infrastructure in the Town of

Matagami, ~150 km to the south, with connections to deep seaports beyond.

The current Inferred Mineral Resource Estimate on the Cisco Deposit outlines a pit-constrained resource of 270 Mt grading

1.36% Li 2O at a 0.4% Li 2O cut-off grade and an additional underground-constrained resource of 24 Mt grading 1.34% Li 2O

Inferred at a 0.7% Li 2O cut-off grade. Together, these support a combined inferred mineral resource of 295 Mt grading 1.36%

Li2O. The Cisco Deposit remains open along strike, with several additional high-priority targets identified across the broader

41,253 ha project area.

The 2026 exploration program is ongoing, with a primary focus on infill drilling aimed at advancing the resource toward an

indicated classification. The program also includes targeted expansion drilling and regional exploration designed to evaluate

high priority targets surrounding the Cisco Deposit and across the broader project area.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Alicia Milne Jason McBride Chris Ackerman

President & CEO Investor Relations Manager Corporate Development

[email protected] [email protected] [email protected]

Telephone: 1 (800) 482-7560

E-mail: [email protected]

www.Q2Metals.com

Social Media:  

Follow the Company: Twitter, LinkedIn, Facebook, and Instagram 

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.  

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results

to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this news

release speak only as of the date of this news release or as of the date specified in such statement. Forward looking

statements in this news release include, but are not limited to, drilling results on the Cisco Project and inferences made

therefrom, the conceptual nature of an exploration target on the Cisco Project, the potential scale of the Cisco Project, the

focus of the Company’s current and future exploration and drill programs, the scale, scope and location of future exploration

and drilling activities, the Company's expectations in connection with the projects and exploration programs being met, the

Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of

mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of

market conditions. Factors that could cause actual results to differ materially from those in forward-looking statements

include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters as plans

continue to be refined, 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, reallocation

of proposed use of funds, 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.com.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking

statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated,

believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors

which could cause actual results to differ materially, there may be others that cause results not to be as anticipated,

estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking

information except as otherwise required by applicable law. 

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.