Core Viewpoint - Q2 Metals Corp. clarifies its technical disclosure regarding the Exploration Target on the Cisco Lithium Project following a review by the British Columbia Securities Commission, emphasizing that the potential quantity and grade are conceptual and not yet defined as a Mineral Resource [1][2][4]. Exploration Target Details - The inaugural Exploration Target estimates a potential mineralization range of 215 to 329 million tonnes at a grade of 1.0 to 1.38% Li2O, based on drilling data from 40 holes [4][18]. - The Exploration Target is conceptual and does not constitute a Mineral Resource as defined by NI 43-101, with insufficient exploration conducted to confirm the target [4][6][18]. Methodology and Data - BBA Inc. prepared the Exploration Target based on a comprehensive review of exploration and drilling data, including 40 drill holes totaling 16,167.8 meters [5][9]. - The methodology involved 3D modeling of pegmatite domains and applying specific gravity measurements to estimate tonnage and grade, with adjustments made for confidence factors [9][12]. Ongoing Exploration Efforts - The company is continuing its drill campaign to define and prepare an inferred Mineral Resource estimate at the Cisco Project, with mineralization remaining open at depth and along strike [2][19]. - The 2025 Exploration Program is ongoing, with rolling assay results expected in the coming weeks [19]. Company Overview - Q2 Metals Corp. is focused on the Cisco Lithium Project located in the Eeyou Istchee James Bay region of Quebec, Canada, covering 41,253 hectares with significant district-scale potential [17].
Q2 Metals Clarifies Technical Disclosure on Initial Exploration Target at the Cisco Lithium Project in James Bay, Quebec, Canada