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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 (OTCQB: QUEXF) has announced significant drilling results from its Cisco Lithium Project in Quebec, Canada. The highlight is drill hole CS25-044, which encountered a 457.4-metre continuous spodumene pegmatite interval, marking the widest interval to date at the project.
Multiple holes showed promising results: CS25-038 revealed 22 spodumene pegmatite intervals including a 58.9m interval, CS25-039 encountered 13 intervals with a 108.5m wide interval, and CS25-040 showed 12 intervals including a 95.1m interval. A total of 46 holes spanning 20,138 metres have been drilled, with assays pending for eight holes from the summer 2025 campaign.
The project's Exploration Target estimates potential mineralization of 215 to 329 million tonnes at 1.0 to 1.38% Li2O. Three drill rigs are currently operating, focusing on infill drilling as the company works toward an initial inferred Mineral Resource estimate.
Q2 Metals (OTCQB: QUEXF) has significantly expanded its exploration program at the Cisco Lithium Project in Quebec following a $26 million flow-through financing completed in August 2025. The company has drilled 46 holes totaling 20,138 metres since June 2025, with three drill rigs currently operating and a fourth expected in November.
The project's Exploration Target estimates 215-329 million tonnes at 1.0-1.38% Li2O grade. Current drilling focuses on infill spacing of the main 1.5km mineralized zone for an initial inferred Mineral Resource estimate. Preliminary metallurgical tests showed strong recoveries using DMS circuit, with additional testing planned for September 2025.
The company continues regional mapping and sampling across its 41,253-hectare claim package, with ongoing geophysical surveys to guide exploration.
Q2 Metals (OTCQB: QUEXF) has announced successful metallurgical test results from its Cisco Lithium Project in Quebec, Canada. The tests, conducted by SGS Canada, confirmed the project's suitability for Dense Media Separation (DMS) processing.
Three composite samples achieved significant results: Composite 18 yielded 74.1% recovery with 5.69% Li2O concentrate, Composite 21 achieved 69.6% recovery with 5.08% Li2O concentrate, and Composite 23 delivered 71.6% recovery with 5.60% Li2O concentrate. Notably, all samples demonstrated low iron content between 0.42-0.55% Fe2O3.
The Cisco Project, spanning 41,253 hectares with 801 claims, shows district-scale potential with an initial Exploration Target of 215-329 million tonnes at 1.0-1.38% Li2O. The company plans additional Heavy Liquid Separation testing on other areas of the main mineralized zone.
Q2 Metals (OTCQB: QUEXF) has announced a significant exploration milestone at its Cisco Lithium Project. The company has defined an initial exploration target of up to 329 million tonnes of lithium-bearing rock based on 40 drill holes, with competitive grades ranging between 1-1.38%.
VP of Exploration Neil McCallum revealed in a CEO.CA 'Inside the Boardroom' interview that this target only covers the main zone, with additional promising areas yet to be explored. The company's roadmap includes advancing resource definition, conducting preliminary economic analysis, and progressing toward mining operations in Quebec's competitive lithium development landscape.
Q2 Metals (OTCQB: QUEXF) has announced an initial Exploration Target for its Cisco Lithium Project in Quebec's James Bay region, estimating 215 to 329 million tonnes of lithium mineralization at grades ranging from 1.0% to 1.38% Li2O. The estimate is based on the first 40 drill holes totaling 16,167.8 meters.
The Mineralized Zone remains open at depth and along strike, with significant expansion potential. Notable drill results include intersections of 120.3m at 1.72% Li2O and 347.1m at 1.35% Li2O. The project benefits from strategic infrastructure, including proximity to the Billy Diamond Highway and rail access at nearby Matagami.
The company continues its 2025 Summer Program with ongoing drilling and expects rolling assay results into Q3 2025 as it works toward establishing a maiden resource estimate.
Q2 Metals (OTCQB: QUEXF) has announced significant drilling results from its Cisco Lithium Project in Quebec, Canada. The company's 2025 Summer Drill Program has intercepted three additional spodumene intervals in hole CS-25-036, including a remarkable 151.0-metre continuous interval, along with intervals of 64.3m and 52.1m.
The project, located in the Eeyou Istchee James Bay region, is strategically positioned along the Billy Diamond Highway, just 150km north of the Canadian National Railway. The company is conducting infill drilling across a 1.5 km mineralized strike length and has initiated metallurgical testing. Additionally, Q2 has completed option payments for the Broadback, Ouagama, and Cisco claim groups, securing 100% interest in the first two property groups.
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)
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