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Q2 Metals Corp. reports exploration and development updates for the Cisco Lithium Project, a lithium project in the Eeyou Istchee James Bay region of Quebec, Canada. Company news commonly covers drill results, spodumene pegmatite intervals, lithium oxide assay grades, geological modelling, exploration-target work and National Instrument 43-101 mineral-resource disclosure.
Q2 Metals is a Canadian mineral exploration company whose updates also include annual meeting results, capital-structure disclosure, governance matters, operating and financial results, and project-level milestones tied to the advancement of Cisco within a battery-metals district.
Q2 Metals (OTCQB: QUEXF) announced an inaugural NI 43-101 Inferred Mineral Resource Estimate for the Cisco Lithium Project: 295 million tonnes at 1.36% Li2O (combined open-pit and underground), containing ~9.91 million tonnes LCE. An Exploration Target of 44–67 Mt at 0.88–1.35% Li2O was also reported. The deposit remains open in all directions, covers part of a 41,253 ha project area, and used 75 drill holes (33,343 m) up to winter 2026.
Estimation used ID2 and OK methods; QPs and QA/QC protocols were disclosed, and further infill, metallurgical and environmental work is planned toward a 2027 PEA.
Q2 Metals (TSXV: QTWO / OTCQB: QUEXF) is advancing the Cisco Lithium Project in Quebec's James Bay region after drilling defined a large mineralized zone. A maiden inferred Mineral Resource Estimate is pending and a Preliminary Economic Assessment is planned, positioning the project for its next development stage.
The company is preparing studies and disclosures to move toward resource definition and economic assessment in a key battery‑metals district.
Q2 Metals (QUEXF) reports multiple >200m continuous spodumene pegmatite intervals at the Cisco Lithium Project and an updated timeline for its inaugural inferred Mineral Resource Estimate (MRE).
Key facts: 37,372m drilled across 83 holes; standout continuous intervals include 264.6m, 240.4m, 202.7m; MRE being modelled by BBA and will use 74 holes from 2025; 2026 assays pending.
Q2 Metals (OTCQB: QUEXF) reported final 2025 drill results from the Cisco Lithium Project, including a 170.2 m intercept at 1.99% Li2O that contains 40.1 m at 2.89% Li2O. The program totals 74 holes (31,961 m) and will feed an inaugural inferred MRE targeted for Q1 2026.
Infill and expansion drilling with four rigs continues to convert inferred to indicated resources ahead of a Preliminary Economic Assessment targeted for late 2026.
Q2 Metals (OTCQB: QUEXF) appointed Keith Phillips as Executive Chair effective Feb 3, 2026, adding a senior executive with lithium-industry scale-up and capital-markets experience. The company plans an inaugural inferred Mineral Resource Estimate for the Cisco Lithium Project in March 2026 and targets a Preliminary Economic Assessment in late 2026.
Drilling resumed for winter 2026; 74 holes (31,961 metres) completed to Dec 31, 2025, with seven assays pending. Exploration Target range: 215–329 Mt at 1.0–1.38% Li2O (conceptual).
Q2 Metals (OTCQB:QUEXF) reported results from its 2025 drill program at the Cisco Lithium Project, including a 179.2 m intercept averaging 1.24% Li2O (hole CS25-065) and multiple other wide, near-surface pegmatite intervals such as 49.8 m at 1.41% Li2O (CS25-057). To date 74 holes for 31,961 m have been completed and the reported assays cover 5,482.9 m over 16 holes. The company published an Exploration Target of 215–329 Mt at 1.0–1.38% Li2O (July 2025). Remaining assays are pending; infill drilling has resumed with a four‑rig program to support an inaugural MRE and a Preliminary Economic Assessment targeted for late 2026.
Q2 Metals (OTCQB: QUEXF) announced that all matters at its Annual General Meeting on December 9, 2025 were approved. A total of 73,179,989 common shares were represented, equal to 38.62% of outstanding shares as of the record date October 24, 2025.
The company will host a live year-end webcast on December 18, 2025 at 08:00 AM PST (11:00 AM EST) to review 2025 performance, upcoming catalysts and plans for 2026, followed by Q&A.
Q2 Metals focuses on the Cisco Lithium Project in the James Bay region of Quebec. An initial Exploration Target estimates 215–329 million tonnes at 1.0–1.38% Li2O based on the first 40 holes; this target is conceptual and is not a NI 43-101 mineral resource. An initial mineral resource estimate is expected in Q1 2026. The project area covers 41,253 hectares and remains open along strike and at depth.
Q2 Metals (OTCQB: QUEXF) reported drill hole CS25-044 intercepted 457.4 metres at 1.65% Li2O (plus a separate 36.9 m at 1.65% Li2O), the widest continuous spodumene pegmatite interval to date at the Cisco Lithium Project.
The release covers 2,200.4 m of drilling across four holes, notes that infill drilling to support an initial Mineral Resource Estimate is expected in Q1 2026, and that four drill rigs will pause mid-December and resume in early January.
The company reiterates its prior Exploration Target of 215–329 million tonnes at 1.00–1.38% Li2O (conceptual only) and confirms QA/QC and assay protocols used for reported results.
Q2 Metals (OTCQB:QUEXF) reported assay results from four infill drill holes at the Cisco Lithium Project on Dec 1, 2025, including multiple wide spodumene intercepts such as 95.1 m at 1.56% Li2O and 81.9 m at 1.56% Li2O. The results cover 2,211.7 m across four holes; the company has completed 27,295 m over 67 holes to date and is operating four drill rigs. An earlier Exploration Target estimated 215–329 Mt at 1.0–1.38% Li2O (based on 40 holes). Assays remain pending for >20 holes, including a notable 457.4 m continuous spodumene intercept in CS25-044. The infill program is intended to support an initial inferred Mineral Resource Estimate expected in Q1 2026.
Q2 Metals (OTCQB: QUEXF) reported results from its 2025 drilling campaign at the Cisco Lithium Project on Nov 17, 2025. Drill hole CS25-065 intercepted a continuous 179.2 m spodumene-bearing pegmatite north of the known mineralized zone, and CS25-063 intercepted a 75.4 m pegmatite representing a new parallel zone. To date 67 holes for 27,295 m have been completed and assays remain pending for holes 40–65. An inaugural mineral resource estimate is expected in Q1 2026. The company says the mineralized zone remains open in all directions and is well funded to continue exploration.