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Q2 Metals Corp (QUEXF) is a Canadian mineral exploration company advancing lithium projects in Quebec's Eeyou Istchee James Bay region. This page aggregates official news and updates about the company's exploration programs, corporate developments, and technical achievements.
Investors and industry observers will find timely updates on drilling campaigns, assay results from the Cisco Lithium Project, and strategic initiatives. All content undergoes strict verification to ensure alignment with NI 43-101 standards and corporate disclosure policies.
Key updates include progress reports on pegmatite exploration, geochemical survey results, and operational milestones. The company's commitment to systematic exploration methodologies and quality-controlled data reporting ensures reliable information for decision-making.
Bookmark this page for direct access to Q2 Metals' verified news stream, including updates on lithium mineralization findings and regional expansion activities in Canada's premier mining jurisdictions.
Q2 Metals (QUEXF) has completed its 2025 Winter Program at the Cisco Lithium Project in Quebec, with 6,997 meters drilled across 14 holes. Key highlights include extending the mineralized zone strike length to 1.5 kilometers (previously 850m) and significant spodumene pegmatite intersections:
- Drill hole CS25-028: Eight intervals with continuous spans of 50.9m, 21.5m, and 19.3m
- Drill hole CS25-036: Thirteen intervals with spans of 64.3m, 22.3m, 18.1m, and 12.7m (ended in pegmatite at 308.6m)
The company has dispatched samples for assaying, with first results expected in May. Additional metallurgical testing is underway at SGS Canada to evaluate beneficiation potential, aiming to produce spodumene concentrate of >6% Li2O. The Cisco Project, located 150km from rail access in James Bay, Quebec, has shown promising 2024 discovery results including intersections of 120.3m at 1.72% Li2O and 215.6m at 1.69% Li2O.
Q2 Metals (QUEXF) has announced significant results from its winter 2025 drilling campaign at the Cisco Lithium Project in Quebec, Canada. The first four holes completed have revealed substantial spodumene pegmatite intercepts, with drill hole CS25-027 showing particularly impressive results of 179.6 metres of continuous spodumene pegmatite, plus additional intervals of 58m and 91.8m.
The drilling program has successfully expanded the strike length of the mineralized system southward, now extending over a kilometer. The current winter program targets 6,000-8,000m of drilling with 200-400m step-outs, building on previous successful results from 2024 which included intercepts of 215.6m at 1.69% Li2O, 347.1m at 1.35% Li2O, and 188.6m at 1.56% Li2O.
The Cisco Project, comprising 767 claims over 39,389 hectares, is strategically located just 6.5km from the Billy Diamond Highway. Assays are pending for approximately 2,570m of core from the first four holes, with drilling continuing both east and south.
Q2 Metals Corp (OTCQB:QUEXF) announced the successful exercise of 12,808,333 share purchase warrants at $0.60 per share, generating total proceeds of $7.68 million. The warrants were issued during a February 2023 private placement financing.
The company's cash position will be approximately $12.3 million at the fiscal year-end (February 28). Q2 Metals is currently conducting its fully funded 2025 winter drill campaign at the Cisco Lithium Project in Quebec's James Bay region.
The Cisco Project spans 767 claims across 39,389 hectares and has shown promising drill results in 2024, including:
- 120.3m at 1.72% Li2O (hole CS-24-010)
- 215.6m at 1.69% Li2O (hole CS-24-018)
- 347.1m at 1.35% Li2O (hole CS-24-021)
- 188.6m at 1.56% Li2O (hole CS-24-023)
Q2 Metals Corp. (TSXV: QTWO) (OTCQB: QUEXF) has achieved a notable ranking as the 9th top-performing company on the 2025 TSX Venture 50 list. This recognition comes from the TSX Venture Exchange's annual ranking of top performers among over 1,600 issuers.
The company demonstrated remarkable growth in 2024, with a 214% share price appreciation and 380% market cap growth. The TSX Venture 50 ranking is based on three equally weighted criteria: market capitalization growth, share price appreciation, and trading value.
CEO Alicia Milne highlighted that this achievement is particularly significant given the current low lithium market sentiment, attributing the success to the team's focus and the quality of their discovery at the Cisco Lithium Project in 2024.
Q2 Metals Corp. (QUEXF) has announced positive results from initial metallurgical testing at its Cisco Lithium Project in Quebec, Canada. Testing conducted at SGS Canada confirmed spodumene as the primary lithium-bearing mineral in all pegmatite samples, with no significant presence of other lithium minerals. The XRD analysis showed average spodumene content of 17%, ranging between 6% and 39%, with lithium grades between 0.53% and 3.8% Li2O.
The company plans additional metallurgical testing, including HLS and DMS flowsheet work, aiming to produce a spodumene concentrate of >6% Li2O. Notable drill results include intersections of 120.3m at 1.72% Li2O, 215.6m at 1.69% Li2O, and 347.1m at 1.35% Li2O. The Cisco Project comprises 767 claims over 39,389 hectares and is located in the James Bay region, with good infrastructure access.
Q2 Metals has initiated its 2025 Winter Drill Program at the Cisco Lithium Project in Quebec, targeting 6,000-8,000 meters of diamond drilling using two drill rigs. The first hole represents a 400m step-out from the easternmost hole of the 2024 program. The program aims to build upon previous successful results, which included notable intersections of 215.6m at 1.69% Li2O, 347.1m at 1.35% Li2O, and 188.6m at 1.56% Li2O.
The drilling strategy includes systematic step-outs between 200-400m apart, with one rig testing southwest of hole CS-24-023 and another testing east of holes CS-24-018 and CS-24-021 to identify potential parallel pegmatite zones. Surface and downhole measurements have confirmed appropriate drill orientations, with pegmatite strike direction averaging 35 degrees and dip varying between 25-80 degrees.
Q2 Metals Corp. (QUEXF) has announced its 2025 Winter Drill Program at the Cisco Lithium Project in Quebec, set to commence February 1, 2025. The fully-funded program targets 6,000-8,000 meters of drilling using two diamond drill rigs, building upon exceptional results from the 2024 campaign which included:
- Drill hole CS-24-018: 215.6m at 1.69% Li2O
- Drill hole CS-24-021: 347.1m at 1.35% Li2O
- Drill hole CS-24-023: 188.6m at 1.56% Li2O
The program will run until mid-April 2025, with systematic drilling carried out in step-outs between 200-400m apart. One rig will test southwest of hole CS-24-023, while another will explore east of holes CS-24-018 and CS-24-021 for potential parallel pegmatite zones. The Cisco Project spans 39,389 hectares and is strategically located 6.5km from the Billy Diamond Highway.
CEO.CA, a leading investor social network for junior resource and venture stocks, has released an exclusive interview with Q2 Metals (TSXV: QTWO) (OTCQB: QUEXF) CEO Alicia Milne. The interview, part of CEO.CA's 'Inside the Boardroom' series, discusses Q2 Metals' recent drilling success and plans for an ambitious 2025 drill program. CEO.CA, established in 2012 and now a subsidiary of EarthLabs, serves millions of visitors annually as one of Canada's most popular free financial websites, focusing on connecting investors and sharing knowledge about stocks, commodities, and emerging companies.
Q2 Metals Corp (TSXV:QTWO, OTCQB:QUEXF) has announced equity incentive awards, granting 2.5 million stock options to directors, officers, and consultants at $0.82 per share until December 2029. Additionally, the company granted 750,000 deferred share units (DSUs) and 6 million performance share units (PSUs) to directors and executives.
The company's Equity Incentive Plan includes a rolling 10% stock option plan and a fixed 10% plan allowing up to 13,041,422 common shares for performance-based awards. The plan aims to align interests of eligible persons with company success.
Recent drilling results at the Cisco Lithium Property showed significant intercepts including 120.3m at 1.72% Li2O and 215.6m at 1.69% Li2O, with a total of 6,359.7m drilled over 17 holes, all intercepting pegmatite with visual spodumene mineralization.
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