Q2 Metals Extends Lithium Mineralization at Cisco Project, Boosting…

Event summary

Q2 Metals extended near-surface lithium mineralization 100 meters north at the Cisco Project, intercepting 134.5 meters at 1.20% Li₂O and 101.6 meters at 1.02% Li₂O.
The company has completed 19,521 meters of drilling over 43 holes during the 2026 Summer Drill Program, with five drill rigs still operating.
The Cisco Deposit hosts a total Inferred Mineral Resource of 295 million tonnes grading 1.36% Li₂O, as outlined in the April 2026 Mineral Resource Estimate.
Q2 Metals expects to publish its inaugural Preliminary Economic Assessment on the Cisco Lithium Project in Fall 2026.

The big picture

Q2 Metals' latest drilling results at the Cisco Project highlight the growing potential of the deposit, which remains open in all directions. The extension of near-surface mineralization north of the previously defined pit-shell could enhance the project's economic viability, especially as the company prepares for its inaugural Preliminary Economic Assessment. The strategic location of the Cisco Deposit, just 6.5 kilometers from the Billy Diamond Highway, provides year-round access to rail infrastructure, positioning it favorably within the global lithium supply chain.

What we're watching

Resource Expansion: Whether the extended mineralization will significantly increase the resource estimate beyond the current 295 million tonnes.
Economic Viability: How the upcoming Preliminary Economic Assessment will position the Cisco Project against global lithium peers.
Execution Risk: The pace at which Q2 Metals can convert inferred resources into indicated resources to reduce project risk.