GlobeNewsWire
25 Aug 2026, 07:01 UTC · 2h ago
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Drill hole-93 at the Cisco Lithium Project intersected 403.7 metres at 1.57% Li2O and 213.8 metres at 1.93% Li2O, marking the best hole drilled at the project to date. — High-grade, wide-interval intercepts significantly increase the perceived value and scale of the mineral resource, which is a primary driver for junior mining valuations.
+0.80Q2 Metals is currently developing a Preliminary Economic Assessment (PEA) to provide the first comprehensive assessment of Cisco's development potential and economics. — A PEA is a critical regulatory and financial milestone that transitions a project from pure exploration toward a defined economic viability model.
+0.50The company has surpassed 50,000 total metres of drilling at Cisco and is focusing current efforts on converting Inferred Mineral Resources to the Indicated category. — Increasing resource confidence from 'Inferred' to 'Indicated' reduces project risk and is necessary for future feasibility studies.
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The company reported its best drill hole to date at the Cisco Lithium Project with exceptional mineralization results.
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