“`html
Q2 Metals Corp. has garnered attention for its recent lithium drilling results at the Cisco Lithium Project, located in the Eeyou Istchee James Bay region of Quebec, Canada. The company has reported substantial outcomes from its ongoing drilling campaign, particularly from drill hole CS25-044, which has shown impressive mineralization. This development is significant for the company as it seeks to establish itself within the competitive lithium production landscape.
The analysis of drill hole CS25-044 revealed two key intervals: one measuring 457.4 metres with a lithium oxide (Li₂O) grade of 1.65%. Additionally, another interval of 36.9 metres recorded a grade of 1.65% Li₂O as well. This drill hole is notable for being the widest continuous spodumene pegmatite section drilled by Q2 Metals thus far, reinforcing the site’s standing as a globally significant lithium resource.
Table of Contents:
Drilling program insights
As part of the ongoing drilling program, Q2 Metals has engaged in infill drilling to support the initial Mineral Resource Estimate, expected to be released in the near future. The company is currently operating four drilling rigs on-site, with operations set to pause during the winter months and resume for data analysis and further planning.
Future expectations and project scope
Alicia Milne, President and CEO of Q2 Metals, expressed optimism regarding the results, stating, “Drill hole 44 further showcases the Cisco Project as a globally significant hard rock lithium discovery. The results to date will underpin the inaugural Mineral Resource Estimate.” This reflects the company’s commitment to advancing its lithium exploration objectives and maximizing the potential of the Cisco site.
Neil McCallum, Vice President of Exploration, echoed this enthusiasm, noting that drill hole 44 exceeded expectations in width and grade while also extending the mineralized zone beyond previously defined limits. This finding paves the way for future drilling efforts, particularly for holes CS25-063 and CS25-065, which are anticipated to yield substantial mineralization.
Analytical results and drilling details
The reported analytical results encompass a total of 2,200.4 metres of drilling across four drill holes in the ongoing program. The intervals that exceed 2 metres in core length and demonstrate grades above 0.30% Li₂O are summarized in an accompanying table. It is crucial to note that internal dilution of non-pegmatite materials was limited to intervals below 3 metres, ensuring a focus on viable lithium mineralization.
Understanding the mineralized zone
Q2 Metals estimated an Exploration Target for the mineralized zone, projecting a potential lithium mineralization range of 215 to 329 million tonnes at a grade between 1.0% and 1.38% Li₂O. This estimate is based solely on the first 40 drill holes and serves as a conceptual guide for ongoing exploration efforts. It is essential to understand that the Exploration Target is not classified as a mineral resource or reserve, but rather an early-stage assessment providing a framework for future exploration.
As drilling continues, Q2 Metals is focused on refining the model of the pegmatite zones. The company aims to deliver its initial inferred Mineral Resource Estimate soon, and with current drilling success, it is optimistic about delineating a significant mineral resource.
Company background and future outlook
Q2 Metals Corp. is dedicated to mineral exploration, particularly within the lithium sector, with the Cisco Lithium Project at the center of its strategy. The project is strategically located just 6.5 kilometres from the Billy Diamond Highway, which connects to the railhead in Matagami, positioning it well for future development. The company is also expanding its exploration drilling across its extensive 41,253-hectare project area.
With plans for further drilling into high-potential targets, Q2 Metals is committed to leveraging its discoveries at Cisco to establish a strong foothold in the rapidly expanding lithium market. As global demand for lithium continues to rise, Q2 Metals is strategically positioned to meet this demand and contribute to the transition to sustainable energy.
“`
