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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) reported its best drill hole to date at the Cisco Lithium Project in Quebec from the 2026 Summer Drill Program. Hole CS26‑093 intersected three broad mineralized intervals: 60.8 m at 1.24% Li2O, 213.8 m at 1.93% Li2O, and 403.7 m at 1.57% Li2O, with mineralization collectively spanning about 678 m of the 803 m hole.
According to Q2 Metals, approximately 170 m of the 403.7 m interval lies outside the April 2026 conceptual pit shell, supporting depth continuity on the western portion of the deposit. The 60.8 m interval starts at a vertical depth of roughly 14 m. The 2026 Summer Drill Program has completed 9,552 m across 22 holes, focused on upgrading Cisco’s Inferred Mineral Resource to Indicated. Current Inferred resources total 295 Mt at 1.36% Li2O. A Preliminary Economic Assessment and further drilling, including regional exploration, are ongoing.
Q2 Metals (OTCQB: QUEXF; TSX.V: QTWO) appointed Dr. Geneviève Morinville as Vice President – Sustainability & Regulatory Affairs for the Cisco Lithium Project in Eeyou Istchee James Bay, Quebec. She will lead environmental, social and regulatory programs as the project advances through PEA studies, engineering and development.
According to Q2 Metals, 5,113,557 warrants from an August 9, 2024 financing were exercised at C$0.50, providing C$2,556,778 in proceeds. As of August 10, 2026, 1,429,000 warrants remain outstanding. The Cisco Deposit hosts a combined 295 Mt inferred resource grading 1.36% Li2O, and the 2026 program focuses on infill and expansion drilling. Q2 will also attend several mining conferences globally in Q4 2026.
Q2 Metals (OTCQB: QUEXF) appointed Jean-François Tremblay as Vice President – Technical Services to lead strategic planning and execution of technical work programs as the Cisco Lithium Project advances from exploration toward a Preliminary Economic Assessment and later engineering and development stages.
Q2 reported the exercise of 4,851,027 warrants from its July 31, 2024 financing at $0.50 per share, generating proceeds of $2,425,514. The Cisco Deposit has a combined inferred mineral resource of 295 Mt grading 1.36% Li2O and benefits from proximity to highway and rail infrastructure. The 2026 program focuses on infill, expansion, and regional drilling to upgrade and grow the resource.
Q2 Metals (OTCQB: QUEXF, TSX.V: QTWO) reported final assays from the 2026 Winter Drill Program at the Cisco Lithium Project in Quebec, covering 3,611.6 m from seven holes within a 10,515 m campaign. Key intercepts include 137.6 m at 1.47% Li₂O, including 40.6 m at 3.25% Li₂O in hole CS26-088, and 185.7 m at 1.54% Li₂O in hole CS26-092, with over 100 m extending beyond the conceptual open pit in the April 2026 Inferred Mineral Resource Estimate.
The 2026 summer drill program is underway with four rigs, focused on infill and expansion drilling to advance Inferred resources toward Indicated status and test high-grade, near-surface targets. Preparation of a Preliminary Economic Assessment based on the 295 Mt grading 1.36% Li₂O Inferred resource is in progress, with publication expected in fall 2026.
Q2 Metals (OTCQB: QUEXF) has started its 2026 summer drill program at the Cisco Lithium Project in Quebec, targeting about 20,000 m of infill and expansion drilling.
The company is advancing a Preliminary Economic Assessment based on the April 2026 Inferred Mineral Resource of 295 Mt at 1.36% Li2O, progressing metallurgical work and environmental baseline studies, and has completed key option payments and share issuances.
Q2 Metals (OTCQB: QUEXF) filed a NI 43-101 technical report titled “Mineral Resource Estimate for the Cisco Lithium Project”, effective April 20, 2026 and signed June 3, 2026. The report is available on SEDAR+ and the company’s website.
The Cisco Deposit hosts a combined inferred mineral resource of 295 Mt grading 1.36% Li2O, including 270 Mt pit-constrained at a 0.4% Li2O cut-off and 24 Mt underground-constrained at a 0.7% Li2O cut-off. The deposit remains open along strike, with a 2026 exploration program focused on infill and expansion drilling in the 41,253 ha project area.
Q2 Metals (OTCQB: QUEXF, TSX.V: QTWO) reported winter 2026 drill results from the Cisco Lithium Project in Quebec, including drill hole CS25-071 with 264.6 m at 1.84% Li₂O and 152.9 m at 1.59% Li₂O.
The Cisco Deposit has an Inferred Mineral Resource of 295 Mt at 1.36% Li₂O. A 20,000 m 2026 summer drill program and a Preliminary Economic Assessment, expected in Fall 2026, aim to advance and evaluate the project.
Q2 Metals (OTCQB: QUEXF) has launched its largest field program at the Cisco Lithium Project in Quebec, with about 20,000 m of summer drilling focused on infill and expansion around the 295 Mt Inferred resource grading 1.36% Li2O.
A Preliminary Economic Assessment has started, targeting Fall 2026, alongside advanced metallurgical test work, environmental baseline studies, and road/camp permitting. Q2 recently completed a C$70M financing, supporting accelerated exploration and project development.
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.