Q2 Metals Intercepts 179.6 Metres of Continuous Spodumene Pegmatite in Large Step-Out at the Cisco Lithium Project in Quebec, Canada
Q2 Metals Intercepts 179.6 Metres of Continuous Spodumene Pegmatite in Large
Step-Out at the Cisco Lithium Project in Quebec, Canada
Highlights:
• Drill hole CS25-027 encountered seven (7) spodumene pegmatite intervals, with the
widest continuous interval of 179.6 metres (m), followed by two additional intervals of
58 m and 91.8 m of continuous spodumene pegmatite.
• Drill hole CS25-024/24A intersected a total of six (6) individual spodumene pegmatite
intervals, with the widest continuous interval of 39.5 m.
• Drill hole CS25-025 encountered nine (9) spodumene pegmatite intervals, with the widest
continuous interval of 20.4 m.
• Drill hole CS25-026 encountered 10 spodumene pegmatite intervals, with the widest
continuous interval of 21.2 m.
• Assays are pending on the approximately 2,570 m of core drilled in the first four (4) holes
completed to date in the winter drill campaign at the Cisco Project.
• Drilling continues with step outs to both the east and south.
Vancouver, British Columbia, March 19, 2025 – Q2 Metals Corp. (TSX.V: QTWO | OTCQB: QUEXF
| FSE: 458) (“Q2” or the “Company”) is pleased to announce the completion of the first four holes
of the winter 2025 expansion drilling campaign at the Company’s Cisco Lithium Project (the
“Project” or the “Cisco Project”), located within the greater Nemaska traditional territory of the
Eeyou Istchee James Bay, Quebec, Canada.
Multiple wide intercepts of continuous spodumene pegmatite were encountered within a total
of 2,570 metres of drilling completed to date, significantly increasing the extent of previously
encountered mineralization (see Figure 1). All holes intercepted pegmatites with visual
indications of spodumene mineralization identified.
“We are extraordinarily pleased with these initial findings from our winter campaign which has
not only produced one of our top holes in terms of the total amount of spodumene pegmatite
per hole, but continues to provide important information about the mineralization at Cisco,” said
Q2 Metals President and CEO Alicia Milne. “We are continuing to explore the robust and
continuous nature of Cisco’s mineralization with additional step outs to both the south and east.”
“The first four holes of the winter drill program have expanded the strike length of the
mineralized system and has confirmed that it continues to extend to the south, further increasing
TSX-V: QTWO
OTCQB: QUEXF
FSE: 458
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Cisco’s potential scale,” said Q2 VP Exploration Neil McCallum. “Hole-27, with 179.6 metres of
continuous spodumene pegmatite, plus an additional 58 and 91.8 metres of continuous
spodumene pegmatite, lends further support to our theory of a south-trending mineralized
system, which now extends over a kilometre.”
Figure 1. Map of Drilling area, Cisco Project
Winter 2025 Exploration Program Overview
The current 2025 Winter Program is targeting 6,000 – 8,000 m of drilling with 200 – 400 m step
outs with the primary objective of expanding upon the exceptionally promising drill results from
the inaugural 2024 campaign, which included:
• Drill hole CS-24-018 - 215.6 m at 1.69% Li2O;
• Drill hole CS-24-021 - 347.1 m at 1.35% Li2O; and
• Drill hole CS-24-023 - 188.6 m at 1.56% Li2O.
One diamond drill rig tested to the southwest of drill hole CS-24-023 to define the strike length:
• Drill hole CS25-025 was collared approximately 275 m south of hole CS24-023; and
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• Drill hole CS25-027 is located 200 m southeast of hole CS25-025.
This fence of holes was designed to test the southward extension of the large and wide
mineralized system and did so successfully with hole CS25-027’s widest continuous interval of
179.6 m of spodumene-bearing pegmatite.
One diamond drill rig tested to the east of drill holes CS-24-018 and CS-24-021 to define potential
additional parallel pegmatite zones:
• Drill hole CS25-024A was drilled as a follow-up to hole CS25-024 which was lost due to
difficult drilling conditions. It was collared approximately 400 m southeast of hole CS24-
022; and
• Drill hole CS25-026 was collared approximately 400 m from CS24-021 and 285 m north of
hole CS25-024A.
Drilling remains ongoing, with step outs continuing both east and south.
Figure 2. Drill Rig Locations at the Cisco Lithium Project
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Summary of Spodumene-Bearing Pegmatite Intervals
The pegmatite intervals (greater than 2 m) of drill holes CS-25-024A to 027 are reported below
in detail (Table 1).
Table 1. Summary of Spodumene-Pegmatite Intervals, Cisco Project
The mineralized intervals in all the holes are not necessarily representative of the true width and
the modelled pegmatite zones are being refined with every additional hole.
Cautionary Statement: The presence of pegmatites does not confirm the presence of lithium
(spodumene or other lithium minerals). Pegmatites are fractionated coarse grained igneous rocks
commonly associated with lithium mineralization; however, many pegmatites do not contain
mineralization. The presence of any mineralization can only be confirmed with assaying.
The geological team has completed the core cutting and logging of holes CS25-024/24A to CS25-
027 and the samples have been dispatched to the SGS Canada preparation laboratory located in
Val-d’Or, QC for mineral analysis to confirm the presence of lithium.
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Figure 3. Core from the Current Drill Program at Cisco Lithium Project
Sampling, Analytical Methods and QA/QC Protocols
All drilling was conducted using diamond drill rig with NQ sized core and all drill core samples are
shipped to SGS Canada’s preparation facility in Val D’Or, Quebec, for standard sample
preparation (code PRP92) which includes drying at 105°C, crushing to 90% passing 2 mm, riffle
split 500 g, and pulverize 85% passing 75 microns. The pulps are then shipped by air to SGS
Canada’s laboratory in Burnaby, BC, where the samples are homogenized and subsequently
analyzed for multi-element (including Li and Ta) using sodium peroxide fusion with ICP-AES/MS
finish (code GE_ICM91A50). The reported Li grade will be multiplied by the standard conversion
factor of 2.153 which results in an equivalent Li2O grade. Drill core was saw-cut with half-core
sent for geochemical analysis and half-core remaining in the box for reference. The same side of
the core was sampled to maintain representativeness.
A Quality Assurance / Quality Control (QA/QC) protocol following industry best practices was
incorporated into the sampling program. Measures include the systematic insertion of quartz
blanks and certified reference materials (CRMs) into sample batches at a rate of approximately
5% each. Additionally, analysis of pulp-split and reject-split duplicates was completed to assess
analytical precision. The QP has verified the QA/QC results of the analytical work.
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Drill Hole Collar Information
The summary of drill holes completed to date, including basic location and dip/azimuth is detailed
below (Table 2).
- Coordinates are in UTM NAD83, zone 18
- All holes are NQ-Size diamond drill core
- Azimuth and dip are reported as planned, and will deviate down-hole
- Reported hole depths are subject to minor changes based on final core observations
Table 2. Summary of Drill Hole Collar Information, Cisco Project (CS25-024-027)
Upcoming Events
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The Company will be attending the Ignite Investment Summit in Hong Kong March 26-27, 2025.
For more information, click here.
Future Facing Commodities Conference
The Company will be attending and exhibiting at the Tribeca Future Facing Commodities 2025
Conference in Singapore on April 1-3, 2025.
For more information, click here.
About Q2 Metals Corp
Q2 Metals is a Canadian mineral exploration company focused on the Cisco Lithium Project
located within the greater Nemaska traditional territory of the Eeyou Istchee, James Bay, Quebec,
Canada where drilling is currently underway.
The Cisco Project is comprised of 767 claims, totaling 39,389 hectares. The main mineralized zone
is just 6.5 kilometres (“km”) away from the Billy Diamond Highway and transects the Project. The
town of Matagami, which features direct rail link to much of James Bay, is approximately 150 km
to the south.
Cisco has district-scale potential with an already identified mineralized zone and 2024 discovery
drill results that include:
• 120.3 metres at 1.72% Li2O (hole CS-24-010);
• 215.6 metres at 1.69% Li2O (hole CS-24-018);
• 347.1 metres at 1.35% Li2O (hole CS-24-021); and
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• 188.6 metres at 1.56% Li2O (hole CS-24-023)
The Cisco Project is situated along the Frotet Evans Greenstone Belt, comprised of a volcanic
package dominated by mafic to felsic metavolcanic rocks, of the southern James Bay Lithium
District, the same belt that hosts the Sirmac and Moblan lithium deposits, located 130 km and
180 km away, respectively.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Alicia Milne Jason McBride Chris Ackerman
President & CEO Corporate Communications Corporate Communications
[email protected] [email protected] [email protected]
Telephone: 1 (800) 482-7560
E-mail: [email protected]
www.Q2Metals.com
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Qualified Person
Neil McCallum, B.Sc., P.Geol, a registered permit holder with the Ordre des Géologues du Québec and
Qualified Person as defined by NI 43-101 (“QP”), has reviewed and approved the technical information in
this news release. Mr. McCallum is a director and VP Exploration for Q2.
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Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual
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Cisco Project and inferences made therefrom, the potential scale of the Cisco Project, the focus of the Company’s
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in project parameters as plans continue to be refined, unsuccessful exploration results, changes in project parameters
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