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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) appointed Keith Phillips to its board effective Oct 27, 2025 and granted 1,300,000 stock options at an exercise price of $0.95 for five years, subject to TSXV acceptance and a four-month-and-one-day hold period.
The company reiterated the Cisco Lithium Project's district-scale Exploration Target of 215–329 million tonnes at 1.0–1.38% Li2O (based on 40 holes) and said it expects to publish an inaugural inferred mineral resource estimate in Q1 2026. The 2025 exploration program and infill drilling are ongoing; the target remains conceptual and not a NI 43-101 mineral resource.
Q2 Metals (OTCQB: QUEXF) has announced two significant developments: the appointment of Simon Gaivin as Vice President of ESG and the nomination of its Cisco Lithium Project as a finalist for Discovery of the Year by AEMQ. Gaivin, who joined Q2 in November 2024, will oversee environmental, social, and governance activities, including community and First Nation relations.
The Cisco Project, located in Quebec's James Bay region, encompasses 801 claims across 41,253 hectares. The project demonstrates significant potential with an Exploration Target estimating 215-329 million tonnes at 1.0-1.38% Li2O grade, based on initial drilling. The Company is currently conducting its 2025 Exploration Program with ongoing drilling and pending assay results.
Q2 Metals (OTCQB: QUEXF) has reported significant drill results from its Cisco Lithium Project in Quebec, Canada. The company announced multiple wide, mineralized intercepts including a notable 272.5-meter interval grading 1.61% Li2O in hole CS25-036, alongside other substantial findings in holes CS25-038 and CS25-039.
The company currently operates three drill rigs at the site, with a fourth scheduled to begin operations in October 2025. The drilling program aims to support an initial inferred Mineral Resource Estimate targeted for the first half of 2026. The Cisco Project demonstrates significant potential, with an initial Exploration Target estimating 215 to 329 million tonnes at 1.0 to 1.38% Li2O based on the first 40 holes.
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.
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