Q2 Metals Intercepts Multiple Wide Intervals Including a Cumulative of 194.8 Metres of Spodumene Pegmatite in Hole CS24-10 at the Cisco Lithium Property, James Bay, Quebec, Canada
Q2 Metals Intercepts Multiple Wide Intervals
Including a Cumulative of 194.8 Metres of
Spodumene Pegmatite in Hole CS24-10 at the
Cisco Lithium Property, James Bay, Quebec,
Canada
Highlights:
A total of four (4) holes for approximately 1017.1 metres (m) have been drilled at the Cisco
discovery zone (CO1)
confirming and extending previously encountered mineralization
.
Drill hole CS24-007 intersected a total of eleven (11) individual spodumene pegmatite intervals,
for a
total cumulative width of 100.1 m
.
Drill hole CS24-009 encountered five (5) spodumene pegmatite intervals, for a
cumulative width
of 117.1 m.
Drill hole CS24-010 encountered five (5) spodumene-mineralized intervals that were greater than
10 m wide. The sum of all intervals in the hole is
194.8 m, with the widest individual interval
measuring 86.6 m.
Mapping & sampling program has discovered
eight (8) new spodumene pegmatite
occurrences.
Fifteen (15) individual outcropping zones
have now been uncovered across an
area spanning 1.1 by 1.7 kilometres (km).
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2024) -
Q2 Metals Corp. (TSXV: QTWO)
(OTCQB: QUEXF) (FSE: 458)
("
Q2
" or the "
Company
") is pleased to announce an update from its
2024 exploration program at the Cisco Lithium Property (the "
Property
" or the "
Cisco Property
")
located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay region of
Quebec, Canada.
The Company commenced its 2024 drill program at the Cisco Property (the "Spring 2024 Drill
Campaign") in May, with the primary objective of confirming and expanding upon the mineralized zone
where the Property vendors worked in 2023 (now referred to as the "CO1 Zone"). A total of four (4) drill
holes have been completed at the CO1 Zone for approximately 1017.1 m, intersecting several wide
pegmatite intervals as outlined below. All holes intercepted pegmatites with visual indications of
spodumene mineralization identified.
"We added the Cisco Property to our portfolio because we believed it had district-scale potential
," said
Alicia Milne, Q2 Metals President, and CEO.
"We are extremely pleased with the early results of our
initial exploration work and the results have validated our belief
."
The CO1 Zone has now been defined for a strike length of approximately 300 m both in outcrop and with
drilling. Additional drilling will test the continuation of the mineralization at CO1 at depth to the CO3 Zone,
which is located approximately 300 to 400 m to the southwest, suggesting that the mineralization could
extend at least 750 m.
"
The first few drill holes completed at Cisco in 2024 have far exceeded my expectations. The
spodumene pegmatite intervals are continuing down dip around the previously drilled holes, and our
most recent hole (CS24-010) testing the strike extension of the CO1 zone has encountered a very
wide mineralized zone
," said Neil McCallum, Q2 Metals VP of Exploration. "
The outcrop mapping and
sampling of the region has indicated that the Cisco Property has significant potential. The possibility
that several of these occurrences are linked at depth is a very significant and very real possibility that
we plan to test as the field season continues
."
Figure 1 Q2 Metals VP Exploration Neil McCallum and CEO Alicia Milne on the main outcrop at CO1
To view an enhanced version of this graphic, please visit:
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Concurrent with the drill campaign, mapping and sampling field work is also underway to provide
guidance on the extent of the lithium mineralization at Cisco.
Spring 2024 Drill Campaign
The four drill holes reported on herein were primarily focused on expanding the previously intersected
mineralization and suggest that the pegmatite body is trending roughly 45 to 60 degrees (in a northeast-
southwest) direction. The mineralized intervals in all the holes drilled thus far are not representative of the
true width and the modelled pegmatite zone is being refined with every additional hole. Future drill holes
will have a modified azimuth in order to optimize the definition of the mineralization.
The pegmatite intervals (greater than 2 metres) of the holes CS24-007 to 010 are reported in detail
(Table 1) together with a summary map of the drilling (Figure 2). The summary of holes completed to
date which includes basic location and dip/azimuth details is included below in Table 2.
Drilling is ongoing, with the next planned hole (CS24-011) to be approximately 90 m to the southwest of
hole 010.
Figure 2. Map of Drilling at Cisco Property
To view an enhanced version of this graphic, please visit:
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Drill Hole CS24-007 (azimuth 000-north, dip -60°) collared approximately 65 m south of previously drilled
holes CS23-05/06 and intersected a total of 11 individual spodumene pegmatite intervals, three of which
were greater than 10 m wide, for a total cumulative width of 100.1 m.
Drill hole CS23-06, drilled by the
Property vendors in 2023, encountered 115.4 m at 1.40% Li2O within a cumulative width of five separate
pegmatite intervals.
Drill hole CS24-008 (azimuth 000, dip -60°) collared approximately 110 m south of previously drilled
CS24-04 and encountered a total of two (2) spodumene pegmatite intervals, for a cumulative width of
29.7 m.
Drill hole CS24-009 (azimuth 000, dip -50°) collared approximately 60 m west of hole 007 encountered a
total of five (5) spodumene pegmatite intervals, for a cumulative width of 117.1 m.
Drill hole CS24-010 (azimuth 000, dip -88°) collared at the same location as hole 009 and encountered
a total of 10 spodumene pegmatite intervals, for a cumulative width of 194.8 m.
Five (5) of the
spodumene pegmatite intervals were greater than 10 m wide with the widest individual interval
measuring 86.6 m.
Figure 3. Spodumene pegmatite intercept from drill hole CS-24-010
To view an enhanced version of this graphic, please visit:
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Table 1. Summary of Spodumene Pegmatite intervals at CO1 Zone, Cisco Property
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1454/213220_ff31eaa544d4a9f8_007full.jpg
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 hole CS24-007 to 010 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.
Table 2. Summary of Drill Hole Collar Information, Cisco Property
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Mapping & Sampling Field Program
Initial field work, including mapping and rock sampling, has been undertaken by the Company to provide
guidance on the extent of the lithium mineralization at Cisco. The field crews started at the CO1 Zone
where the vendors of the Cisco Property had undertaken sampling and drilling in 2022/2023 and have
expanded throughout the Property.
In addition to the CO1 Zone, eight (8) new spodumene occurrences have been discovered for a total of
15 spodumene pegmatite zones.
To date, a total of 76 pegmatite rock samples have been collected and have been sent to SGS. The
results will be reported as they are received by the Company.
Figure 4. Extent of spodumene pegmatite mineralized zones at Cisco Property
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1454/213220_ff31eaa544d4a9f8_009full.jpg
Youdin-Rouillier Drilling of the Eeyou Istchee Territory, James Bay, Quebec is contracted to complete the
diamond drilling with Dahrouge Geological Consulting Ltd. of Edmonton, Alberta managing the drill
program and property-wide geological exploration.
About the Cisco Property
The Cisco Property is comprised of 222 mineral claims and is 11,374 hectares in size. It is located less
than 10 km east of the Billy Diamond Highway, and is approximately 150 km north of Matagami, a small
town that contains the closest rail link to much of James Bay. The Property lies within the greater
Nemaska Community lands of the Eeyou Istchee Territory, James Bay, Quebec.
The Property 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.
Sampling, Analytical Methods and QA/QC Protocols
All rock samples collected and drill core samples were shipped to SGS Canada's preparation facility in
Val D'Or, Quebec, for standard sample preparation (code PRP92) which includes drying at 105°C, crush
to 90% passing 2 mm, riffle split 500 g, and pulverize 85% passing 75 microns. The pulps will be
shipped by air to SGS Canada's laboratory in Burnaby, BC, where the samples will be homogenized
and subsequently analyzed for multi-element (including Li and Ta) using sodium peroxide fusion with
ICP-AES/MS finish (code GE_ICM91A50).
A Quality Assurance / Quality Control protocol following industry best practices was incorporated into the
sampling program.
Management cautions that prospecting surface rock samples and associated results, as discussed
herein, are selective by nature and therefore may not necessarily be fully representative of the
mineralized horizon sampled.
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 for Q2.
About Q2 Metals Corp
Q2 Metals is a Canadian mineral exploration company focused on unlocking its portfolio of lithium
projects in the Eeyou Istchee James Bay region of Quebec, Canada, that includes both its 100-per-cent-
owned Mia Lithium Property and the Cisco Lithium Property.
The Cisco lithium property is located approximately 150 km north of Matagami, Que., and comprises
222 mineral claims and is 11,374 ha in size. The property has district-scale potential with an already
identified mineralized zone and a discovery drill result of 115.4 metres of 1.40 percent lithium oxide (hole
CS-23-05), cumulatively in five separate pegmatites.
The Company's exploration advancement at its 8,668-hectare flagship Mia lithium property is focused on
the more than 10-kilometre-long Mia trend which is host to both the Mia 1 and Mia 2 lithium occurrences
and 11 other mineralized zones along trend.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Alicia Milne
President & CEO
Jason McBride
Corporate Communications
Telephone:
1 (800) 482-7560
E-mail:
WWW.Q2Metals.com
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results on the Cisco Property and inferences made therefrom,the belief that the Cisco Property has district-scale potential,
that the outcrop
mapping and sampling of the region indicates the Cisco Property has significant potential and the possibility that several of these occurrences are
linked at depth is a very significant and very real possibility that the Company plans to test, the possibility that mineralization at the CO1 Zone
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.
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