Welcome to our dedicated page for Q2 Metals news (Ticker: QUEXF), a resource for investors and traders seeking the latest updates and insights on Q2 Metals stock.
Q2 Metals Corp. (OTCQB: QUEXF) generates frequent news as it advances the Cisco Lithium Project in the Eeyou Istchee James Bay region of Quebec, Canada. Company news releases focus on hard-rock lithium exploration results, drilling progress, metallurgical test work, and corporate developments related to this early-stage project.
Investors following QUEXF can expect detailed updates on the company’s drilling campaigns at the Cisco Lithium Project. Q2 Metals regularly reports analytical results from diamond drill holes, including wide intervals of spodumene-bearing pegmatite and lithium grades expressed as Li₂O. These updates often describe how new holes fit within the main Mineralized Zone, whether mineralization remains open along strike and at depth, and how results compare with the previously defined Exploration Target.
News coverage also includes information on the conceptual Exploration Target prepared by independent consultant BBA Inc., which estimates a potential range of lithium-bearing material in the main zone, while emphasizing that this target is conceptual and not a defined Mineral Resource. Additional releases describe metallurgical test work by SGS Canada Inc., confirming that Dense Media Separation (DMS) processing can achieve strong lithium recoveries and low iron concentrates from Cisco drill core.
Beyond technical results, Q2 Metals’ news highlights financing activities, such as flow-through private placements used to expand drilling, as well as Board appointments and participation in mining and resource conferences. For investors and analysts tracking lithium exploration in Quebec, this page offers a centralized view of Q2 Metals’ disclosed drilling progress, metallurgical findings, exploration strategy, and corporate milestones at the Cisco Lithium Project.
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.
Q2 Metals Corp. (QUEXF) has finalized the acquisition of 545 additional mineral claims at the Cisco Lithium Property in James Bay, Quebec. This expansion more than triples the company's claim position, resulting in 767 contiguous claims covering 39,389 hectares. The expanded property includes over 30 km of strike length on the Frotet-Evans Greenstone Belt.
To acquire these claims, Q2 must pay $2,400,000 over 42 months and complete $1,200,000 in exploration expenditures. The claims are subject to varying royalties: a 3% GMR (2% repurchasable for $3,000,000) and a combined 2% NSR (1% repurchasable for $500,000) plus 1% GMR.
The Cisco Property has shown promising drill results, including intersections of 120.3m at 1.72% Li2O and 347.1m at 1.35% Li2O. The company has completed 6,359.7m of drilling over 17 holes, all intercepting pegmatite with visual spodumene mineralization.
Q2 Metals (QUEXF) has announced final analytical results from its 2024 drill campaign at the Cisco Lithium Property in Quebec, Canada. Drill hole CS-24-020 showed significant lithium concentrations across multiple intervals, including 26.5m at 1.08% Li2O, 15.8m at 1.43% Li2O, 41.6m at 0.90% Li2O, and 13.5m at 1.25% Li2O.
The company also reported receiving $1.9 million from the exercise of 6,250,000 share purchase warrants at $0.305 per share before their December 15, 2024 expiry. The Cisco Property, acquired in February 2024, spans 39,389 hectares and has shown promising results throughout the year's exploration campaign. The company plans to resume work at Cisco in late January 2025.
Q2 Metals has reported significant drilling results from its Cisco Lithium Property in Quebec's James Bay region. Two drill holes showed notable lithium concentrations: CS-24-022 revealed three wide intervals with Li2O grades ranging from 1.55% to 1.78%, including a section of 21m at 2.46% Li2O. CS-24-023 produced the widest interval of 188.6m at 1.56% Li2O, including 26.0m at 2.03% Li2O.
The 2024 drill campaign completed 6,359.7 metres across 17 drill holes, with these results confirming mineralization continuity over an 850-metre strike length. The company plans to expand exploration to the south and east in upcoming winter programs.
Q2 Metals has significantly expanded its Cisco Lithium Property in Quebec's James Bay region by acquiring 545 additional mineral claims. This acquisition more than triples its position to 767 contiguous claims covering 39,389 hectares, including over 30km of strike length on the Frotet-Evans Greenstone Belt. The company will pay $2.4M over 42 months and complete $1.2M in exploration expenditures to acquire these claims. Recent drilling results have shown significant lithium mineralization, including intersections of 120.3m at 1.72% Li2O, 215.6m at 1.69% Li2O, and 347.1m at 1.35% Li2O.
Q2 Metals Corp. (QUEXF) has reported significant drilling results from its Cisco Lithium Property in Quebec's James Bay region. The highlights include drill hole CS-24-021 with 347.1 meters at 1.35% Li2O, including 30m at 1.76% Li2O; CS-24-017 with 71.8m at 1.01% Li2O, including 13.3m at 1.77% Li2O; and CS-24-019 with 56.8m at 1.06% Li2O, including 9.1m at 1.80% Li2O. Results from three additional drill holes are pending. The company is planning an accelerated exploration program in 2025 to further understand the property's potential.
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