Q2 Metals Reports High-Grade Lithium Intercepts at Cisco Project in Quebec — Q2 Metals Corp.

Event summary

Q2 Metals reported final winter assay results from its Cisco Lithium Project, including a 137.6-meter intercept grading 1.47% Li₂O and a high-grade zone of 40.6 meters at 3.25% Li₂O.
The 2026 summer drill program is underway with four rigs operational, focusing on converting inferred resources to indicated classification.
A Preliminary Economic Assessment (PEA) is in progress, expected to be published in Fall 2026, based on the April 2026 Inferred Mineral Resource Estimate of 295 million tonnes grading 1.36% Li₂O.

The big picture

Q2 Metals' latest assay results reinforce the Cisco Lithium Project's potential as a significant spodumene lithium deposit in Quebec. The project's strategic location near infrastructure and ongoing exploration efforts position it favorably within the growing battery metals sector, particularly as demand for lithium continues to rise driven by electric vehicle production.

What we're watching

Resource Upgrades: Whether the summer drill program can successfully convert inferred resources to indicated classification, potentially increasing the project's economic viability.
Economic Viability: The outcomes of the Preliminary Economic Assessment and how they may impact future investment and development decisions for the Cisco Project.
Exploration Potential: The pace at which high-grade and near-surface mineralization can be identified, which could further expand the resource base beyond current estimates.