MDF Global MDF Global
Apple’s iPhone boom highlights critical minerals powering smartphones•Presenting a united front for Queensland’s copper sector•Thailand seeks Myanmar mine access amid arsenic pollution•Egypt to set up state-backed company to license artisanal gold miners, free detainees•Brixton closes $7.4 million raise for Thorn, Langis projects•Heliostar banks record $78.7 million for Ana Paula push•Mining giants bet billions on 2030 supply crunch•Gunnison Copper reports Q3 output, revenue surge•Triumph Gold targets $15.46 million for Yukon push•African Rainbow Minerals faces a jobs dispute at Nkomati mine•Angola seeks 10% stake in De Beers under Anglo’s proposed exit•Gold price rebounds but heads for biggest weekly loss since June•Teck copper strike reaches BC port as operator sues union•Copper benchmark rocked by miner-smelter tug-of-war•Zimbabwe mining bill targets community, environmental safeguards•Mount Isa critical minerals hub secures Feasibility Study funding•Eramet initiates $814.5 million capital raise to reduce debt•Richemont backs natural gemstones, declines De Beers comment•‘Tis the season for administration as Comlek falls a second time•OceanaGold Philippines trials wireless blasting at Didipio mine Apple’s iPhone boom highlights critical minerals powering smartphones•Presenting a united front for Queensland’s copper sector•Thailand seeks Myanmar mine access amid arsenic pollution•Egypt to set up state-backed company to license artisanal gold miners, free detainees•Brixton closes $7.4 million raise for Thorn, Langis projects•Heliostar banks record $78.7 million for Ana Paula push•Mining giants bet billions on 2030 supply crunch•Gunnison Copper reports Q3 output, revenue surge•Triumph Gold targets $15.46 million for Yukon push•African Rainbow Minerals faces a jobs dispute at Nkomati mine•Angola seeks 10% stake in De Beers under Anglo’s proposed exit•Gold price rebounds but heads for biggest weekly loss since June•Teck copper strike reaches BC port as operator sues union•Copper benchmark rocked by miner-smelter tug-of-war•Zimbabwe mining bill targets community, environmental safeguards•Mount Isa critical minerals hub secures Feasibility Study funding•Eramet initiates $814.5 million capital raise to reduce debt•Richemont backs natural gemstones, declines De Beers comment•‘Tis the season for administration as Comlek falls a second time•OceanaGold Philippines trials wireless blasting at Didipio mine
Cisco

Q2 Metals keeps hitting mineralised pegmatite at Cisco Lithium Property

Canadian explorer Q2 Metals (TSX-V:QTWO) has extended the mineralised zone at its Cisco Lithium Property with drilling continuing to hit spodumene pegmatite.

Drilling of a further 1,215m across four holes has extended the Cisco discovery zone in the Eeyou Istchee James Bay region of Québec to 750m.

Collectively across the four holes, Q2 intersected 39 intervals of spodumene pegmatite, an important source of lithium.

Drill hole CS24-014 encountered the most, at 13 spodumene pegmatite intervals for a total cumulative width of 131.6m.

Importantly, the mineralisation remains open in all directions along strike and at depth.

Neil McCallum, Vice President of Exploration, says Q2’s Spring 2024 drill program, which started in May, has advanced extremely well in a short amount of time.

“Every hole drilled this campaign has intersected mineralised pegmatite and we are eager to continue to define and expand on the scale of Cisco and its potential to be a significant deposit,” he says. 

The current program is aimed at confirming and expanding the mineralised CO1 Zone where the property vendors worked in 2023.

In mid-June, Q2 revealed it had intersected nearly 200m of spodumene pegmatite in one hole (CS24-010).

Drilling is continuing towards the CO3 zone and Q2 says the results of the latest four holes confirm that the mineralisation continues between the two outcrop zones. 

Once Q2 has completed drill testing the mineralisation along strike in either direction in the CO1-CO3 Zones, it plans to test other zones that are mineralised at surface, including the CO2 outcrop area.

The CO2 Zone is located approximately 1.2 km to the east of the CO1 Zone, with an outcrop area measuring 30 m wide by 100m long.

The Cisco Property is covered by 222 mineral claims and spans 11,374 hectares.

It is located along the Frotet Evans Greenstone Belt of the southern James Bay Lithium District, the same belt that hosts the Sirmac and Moblan lithium deposits, located 130km and 180km away, respectively.

A February Definitive Feasibility Study completed on Sayona Mining’s (ASX:SYA) Moblan Lithium Project shows a potential operation producing 300,000 tonnes per annum of lithium concentrate at a grade of 6%.

Write to Angela East at Mining.com.au 

Images:  Q2 Metals
Add to Watch List:
Author Image
Written By Angela East
Content Director Angela East is an experienced business journalist and editor with over 15 years spent covering the resources and construction sectors and more recently working as a communications specialist handling media relations for junior resources companies.