Q2 Metals Intercepts 151 Metres of Continuous Spodumene Pegmatite at the Cisco Lithium Project in Quebec, Canada and Announces Option Payments on Cisco Project Properties | QUEXF Stock News

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Jun 24, 2025
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Highlights:

  • Q2 Metals (OTCQB: QUEXF) intercepts a 151-meter continuous spodumene pegmatite, the best result to date at the Cisco Lithium Project in Quebec.
  • The project is strategically located near infrastructure, along the Billy Diamond Highway, and 150 km from Canadian National Railway.
  • Q2 Metals secures 100% interest in Broadback and Ouagama claim groups through completed option payments.

Q2 Metals Corp. (QUEXF, Financial) has announced significant drilling progress at its Cisco Lithium Project, located in Quebec, Canada. The 2025 Summer Drill Program has intercepted three additional spodumene intervals in hole CS-25-036, including an impressive 151-meter continuous interval, as well as intervals of 64.3 meters and 52.1 meters. This marks the best drilling result achieved at the project to date.

Located in the Eeyou Istchee James Bay region, the Cisco Project benefits from its strategic location along the Billy Diamond Highway, just 150 kilometers north of the Canadian National Railway. This infrastructure accessibility supports ongoing infill drilling along a 1.5 km mineralized strike length.

The company also announced the successful completion of option payments, securing a 100% interest in the Broadback and Ouagama claim groups. However, payments for the Cisco claim group remain ongoing.

Metallurgical testing is underway to assess the mineral processing potential, with samples from hole CS-25-036 dispatched to SGS Canada's preparation laboratory in Val-d'Or, Quebec. These assays are pending confirmation to determine the lithium content in the intercepted pegmatite intervals.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.