Q2 Metals Resumes Exploration Work at Its Mia Lithium Property in James Bay, Quebec
Q2 Metals Resumes Exploration Work at Its
Mia Lithium Property in James Bay, Quebec
Vancouver, British Columbia--(Newsfile Corp. - August 30, 2023) -
Q2 Metals Corp. (TSXV: QTWO)
(OTCQB: QUEXF) (FSE: 458)
("
Q2
" or the "
Company
") is pleased to announce the resumption of its
exploration activities at the Mia Lithium Property (the "
Property
") located in the Eeyou Istchee James
Bay territory of Quebec. The Quebec Ministry of Natural Resources and Forests has lifted its restrictions
on forest access that has remained in place in the western James Bay region due to wildfires on and
near the Property.
With the restrictions lifted, the Q2 geology team has mobilized and will immediately continue surface
mapping/prospecting and rock sampling. The primary objective of the upcoming program is to explore
and confirm drill targets along the approximately 8-km long Mia trend which is located within a
greenstone belt. The secondary objective will be to assess the potential of the broader trends on the
Property (see Figure 1).
"We are excited to get back to the Mia Property to continue our field work," said Q2 President and Chief
Executive Officer, Alicia Milne. "We have a short window to conduct meaningful work before the culturally
significant moose hunting season begins, which runs from September 15 to October 15, after which time
we will return to the Property to continue our work.
We will be assessing the Property, camp, and
surrounding area given the forest fires, community evacuations, and restrictions that have been in place
over the past 3 months and we look forward to updating the market as we progress."
"We have a plan in place to rapidly advance the known spodumene-bearing pegmatites and assess the
high-priority trends," commented Q2 VP Exploration, Neil McCallum. "I have confidence that our
experienced geological team at Dahrouge Geological Consulting will be able to maximize our time in the
field prior to drilling.
With our time cut short this summer, we have modified our drill plan to test the
targets this fall as much as the weather will allow, and then return in the winter with a larger program."
Summary of June Exploration Work
In June 2023, Q2 completed a two-day mapping and sampling program of the historically known lithium
pegmatites at the Property that resulted in the collection of 28 pegmatite samples. Six (6) samples were
collected from spodumene-mineralized pegmatite and the remaining twenty-two (22) from non-
mineralized pegmatite to broaden the understanding of the source-rock relationships, geochronology,
and/or zonation of the pegmatite. A summary of the spodumene-mineralized samples is provided in
Table 1.
Table 1 - Spodumene-mineralized samples from the June, 2023 site visit
Sample
Li2O (%)
Ta2O5 (ppm)
Zone
B00293504
0.55
72.3
Mia
B00293505
2.05
101.7
Mia
B00293501
2.73
61.9
Mia
B00293510
1.57
167.3
Carte
B00293511
2.01
93.9
Carte
B00293512
1.04
72.9
Carte
B00293507
0.02
160
Carte
Mia Zone
At the Mia Zone, the historically mapped spodumene-pegmatite was sampled and returned 2.73, 2.05
and 0.55% Li
2
O. This successfully verified the 2021 and 2022 work by the Property vendors of 18 grab
samples averaging 2.65% Li
2
O.
The Mia Zone now measures a mapped extent of approximately 370 metres and is up to 140 metres
wide. This represents an extension of approximately 130 metres to the north of the previously mapped
extent. There are some inclusions of the host rock within these dimensions and there are unclear
contacts in all directions leading to the inability to precisely report the true size of the pegmatite.
Figure 1. Mia Property Exploration Target Trends
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1454/178971_0c2221b6a456093b_002full.jpg
Carte Zone
At the Carte Zone, the historically mapped spodumene-pegmatite was sampled and returned three
spodumene-mineralized samples of 2.01, 1.57 and 1.04% Li
2
O. This successfully verified the 2022 work
by the Property vendors of 3 grab samples averaging 1.65% Li
2
O.
The Carte Zone measures a mapped extent of approximately 110 metres and is up to 30 metres wide.
Like the Mia Zone, the contact relationship between the host rock and the pegmatite is unclear and
additional work is needed to determine the true dimensions of the pegmatite. Additionally, the next
pegmatite located approximately 250 metres to the west was sampled and returned 160 ppm Ta
2
O
5
.
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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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 profile at
www.sedarplus.ca
.
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