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Q2 Metals lithium drilling Canada

Cisco spring campaign exceeding expectations: Q2 Metals

Q2 Metals (TSX-V:QTWO) is continuing to drill at the Cisco property into the fall of 2024 in Québec, Canada with results from its spring drill campaign exceeding expectations.

The Cisco property has district-scale potential with an already identified mineralised zone and a discovery drill result of 115.4m at 1.40% lithium oxide (Li2O) (hole CS-23-05), cumulatively in five separate pegmatites.

Q2 Metals VP of Exploration, Neil McCallum says the first core assay results from drillholes CS-24-007 to CS-24-010 from the spring campaign at the Cisco Lithium Property located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay region have exceeded expectations with higher grades within some of the wider intervals such as Hole 10.

“We look forward to releasing more analytical results in the coming weeks as they become available,” McCallum says.

Q2 Metals CEO Alicia Milne says between closing financing earlier this month and the work done in the field, 2024 has been an exceptional year for Q2 Metals so far. 

“We have just begun our work at the Cisco Property, and having only completed 12 drillholes, these initial results are exceptionally promising,” Milne adds.

The analytical results represent the first 1,017m of drilling over four holes of the 3,753m that were drilled over 12 holes at the Cisco Property. Initial visual results of those four holes were reported by the company on 17 June 2024.

The spring 2024 drill campaign was designed to expand upon the 2023 drilling.

Hole CS-23-05 drilled ended in pegmatite and assays results confirmed a total of 115.4m at 1.40% Li2O, cumulatively within five separate pegmatite intervals. Holes CS-24-009 and 010 were designed as 50m westward step-outs from Hole 5.

Assay results from these two holes confirmed wide intervals of spodumene pegmatite, with the widest interval reaching 120.3m at 1.72% Li2O, including 19.0m at 2.06% Li2O in Hole 10.

Results from about 2,700m of drilling in eight holes (CS-24-011 to CS-24-018) remain to be reported from the spring campaign and will be released as soon as results are available.

The Cisco property comprises 222 mineral claims and is 11,374 hectares in size. It is located less than 10km east of the Billy Diamond Highway, and is about 150km north of Matagami, a small town that contains the closest rail link to much of James Bay. The Property lies within the greater Nemaska Community lands of the Eeyou Istchee Territory in James Bay.

The property is situated along the Frotet Evans Greenstone Belt, comprised of a volcanic package dominated by mafic to felsic metavolcanic rocks, of the southern James Bay Lithium District, the same belt that hosts the Sirmac and Moblan lithium deposits, located 130km and 180km away, respectively.

Write to Adam Orlando at Mining.com.au

Images: Q2 Metals
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Written By Adam Orlando
Mining.com.au Editor-in-Chief Adam Orlando has more than 20 years’ experience in the media having held senior roles at various publications, including as Asia-Pacific Sector Head (Mining) at global newswire Acuris (formerly Mergermarket). Orlando has worked in newsrooms around the world including Hong Kong, Singapore, London, and Sydney.