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Q2 Metals Intercepts 179 Metres of Continuous Spodumene Pegmatite North of the Mineralized Zone at the Cisco Lithium Project in Quebec, Canada
Globenewswireยท2025-11-17 08:01

Core Insights - Q2 Metals Corp. is advancing its 2025 drilling campaign at the Cisco Lithium Project, with significant progress reported in drilling and mineralization discovery [2][5][30] Drilling Progress - A total of 27,295 meters of drilling has been completed across 67 holes, with assays pending for holes 40 to 65 [3][10] - Recent drilling has revealed that the mineralization trend extends beyond initial expectations, particularly with drill hole 65 significantly expanding the known mineralized area to the north [4][16] Mineral Resource Estimate - The company aims to transition from a conceptual Exploration Target to an inaugural mineral resource estimate, expected in Q1 2026 [5][30] - The initial Exploration Target estimated potential mineralization between 215 to 329 million tonnes at a grade of 1.0 to 1.38% Li2O, based on the first 40 drill holes [12][29] Spodumene-Pegmatite Intervals - Drill hole CS25-065 encountered five spodumene pegmatite intervals, with the widest being 179.2 meters, while drill hole CS25-063 encountered 15 intervals, including a 75.4-meter-wide interval [6][16] - The mineralized intervals are not necessarily representative of true width, and the geological model is being refined with each additional hole [7][10] Future Exploration Plans - The expanded drilling program will continue to tighten drill spacing within the mineralized zone and explore additional outcrop zones [19][30] - The Cisco Project remains open in all directions, indicating further exploration potential [6][30] Financial and Operational Status - The company is well-funded to continue its exploration and development efforts at the Cisco Project [6][30] - The completion of the first anniversary payment under the Cisco Option Agreement has been finalized, with the issuance of common shares and cash payments [24]