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Q2 Metals Defines Initial Exploration Target of 215 to 329 Million Tonnes at the Cisco Lithium Project in James Bay, Quebec, Canada
Q2 Q2 (US:QTWO) Globenewswireยท2025-07-21 08:00

Core Viewpoint - Q2 Metals Corp. has announced an inaugural Exploration Target for the Cisco Lithium Project, estimating potential mineralization between 215 to 329 million tonnes at a grade of 1.0 to 1.38% Li2O, marking a significant milestone for the company in the lithium sector [2][3][11]. Exploration Target Details - The Exploration Target for the Cisco Project is conceptual, based on limited geological evidence, and does not yet define a Mineral Resource as per NI 43-101 standards [3][4]. - The estimated range of lithium mineralization is derived from the first 40 drill holes, totaling 16,167.8 meters, with ongoing drilling expected to expand this target [6][5]. - The Exploration Target is confined to the currently defined Mineralized Zone, with additional prospective geology outside this zone potentially increasing the overall lithium endowment [7][17]. Geological and Methodological Insights - The Exploration Target was developed by BBA Inc., an independent geological consulting firm, utilizing data from 40 diamond core drill holes and 3D modeling of pegmatite domains [13][15]. - The methodology included a review of geological data, specific gravity measurements, and adjustments for confidence factors to estimate tonnage and grade [15][16]. Future Plans and Expectations - The company is continuing its 2025 Summer Program, with rolling assay results expected into Q3 2025, aiming to update the Exploration Target to a NI 43-101 compliant inferred Mineral Resource Estimate [6][23]. - The location of the Cisco Project within the James Bay Lithium District, near infrastructure such as the Billy Diamond Highway and rail access, positions it favorably for future development [11][20].