GlobeNewsWire
02 Jun 2026, 09:30 UTC · 2h ago
Q2 Metals Reports Multiple Wide Intercepts, Including 264.6 Metres at 1.84% Li₂O and 152.9 Metres at 1.59% Li₂O in Drill Hole 71 at the Cisco Lithium Project in Quebec, Canada

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GlobeNewsWire
02 Jun 2026, 09:30 UTC · 2h ago

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Story key points
4 claims · impact-rated
Q2 Metals' Cisco Project is the largest hard rock lithium deposit in the western hemisphere and the fourth largest globally. — The scale of the resource (295 Mt) significantly increases the company's long-term valuation and strategic importance in the lithium supply chain.
+0.80Winter 2026 drilling at the Cisco Project yielded multiple wide intercepts, including 264.6 meters at 1.84% Li2O. — Strong analytical results validate the resource estimate and suggest high-grade mineralization, reducing technical risk.
+0.60The company is launching a 20,000-meter summer drilling program to convert Inferred resources into the higher-confidence Indicated category. — Upgrading resource classifications is a critical step toward a bankable feasibility study and potential production.
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The Cisco Project is located 6.5 km from an all-season highway with rail access in Matagami, Quebec. — Proximity to infrastructure significantly reduces projected capital expenditures for mine development and logistics.
+0.30Ticker attribution
Model heads
The company reported high-grade lithium intercepts and confirmed its project is the largest hard rock lithium deposit in the western hemisphere.
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