Q2 Metals (TSX-V:QTWO) has announced the establishment of a mineral resource estimate via its Canadian summer 2025 drilling program at the Cisco Lithium Project in Québec, Canada.
The program aims to infill a 1.5km of northeast-southwest trending mineralised strike length.
Vice President of Exploration Neil McCallum says the company’s priority is to tighten drill spacings around the wide mineralised zone at Cisco.
“The first hole completed as part of the 2025 summer program has exceeded expectations by extending the depth of the main mineralised zone beyond what was previously known and ranks as the best hole of the project in terms of total spodumene pegmatite intersected, to date,” McCallum says.
In May 2025, a detailed mapping and sampling campaign of the greater 41,253 hectares Cisco Project was initiated and is ongoing. To date, 390 rock samples have been collected and analytical results are expected in the coming weeks.
Q2 Metals says several pegmatite intrusions have been sampled and although no visible spodumene was encountered, the results are anticipated to guide further follow-up work.
Follow-up work will focus on areas with anomalous trace-element geochemistry such as rubidium, caesium, and tantalum. Potential gold mineralisation from sulphide-enriched or silicified zones are also being targeted when encountered.
Additionally, orientation-style geophysical surveys are being conducted over a portion of the main mineralised zone. The surveys may be expanded upon if they are determined to be a suitable method of defining the known mineralisation.
Meanwhile, Q2 Metals has made the one-year anniversary payments comprising cash and shares, as part of the three option agreements for acquiring certain claims part of the Cisco Project.
The company has completed the Broadback and Ougama claim groups acquisitions with vendors, paying a total of C$400,000 ($449,097) cash and issuing 20 million shares.
Further, under the deal for the Cisco claim group, the company would acquire 121 mineral claims via paying C$2 million and issue 40 million shares, as well as incur $12 million in exploration expenditure over a four-year period.
Q2 Metals has now made the first anniversary payment of C$500,000 and a partial issuance of 6.5 million shares to the vendor.
Q2 Metals is a Canadian mineral explorer focused on the Cisco Lithium Project located within the greater Nemaska traditional territory of the Eeyou Istchee, James Bay region.
Write to Aaliyah Rogan at Mining.com.au
Images: Q2 Metals
