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Q2 Metals Corp V.QTWO

Alternate Symbol(s):  QUEXF

Q2 Metals Corp. is a Canadian mineral exploration company. The Company is focused on unlocking its portfolio of lithium projects in the Eeyou Istchee James Bay region of Quebec, Canada. The Company owns 100% interests in Mia Lithium Property and the Cisco Lithium Property. The Mia Lithium Property is comprised of 171 mineral claims, located 62 kilometers (km) East of Wemindji Community in the Eeyou Itschee Territory, James Bay, Quebec. The Cisco Property is comprised of 767 claims, totaling 39,389 hectares (ha). The Company also owns the Stellar Lithium property, which is comprised of 77 claims totaling 3,972 hectares approximately 6 km north of the flagship Mia Lithium Property in the James Bay district of Quebec, Canada. The Big Hill Gold Project covers various mines including Big Hill, Queenslander, Monte Cristo and Sultan & Taylor of the Talgai Goldfields. The Big Hill and Titan gold projects in Queensland, Australia, which cover approximately 110 square kilometers.


TSXV:QTWO - Post by User

Post by Betteryear2on Feb 29, 2024 8:51pm
213 Views
Post# 35908114

to Acquire100% of the Large-Scale Cisco Lithium Property

to Acquire100% of the Large-Scale Cisco Lithium Property

Highlights:

  • Q2 Metals to acquire 100% interest in the Cisco Lithium Property, consisting of 222 claims totaling 11,374-ha.

  • Highly prospective with the potential for multiple large-scale lithium discoveries.

  • Limited historical exploration with only six drill holes completed, the majority of which undercut mineralization.

  • Two historical drill holes returned:

    • 115.4 m at 1.21% Li2O cumulative width of five separate pegmatite intervals in hole CS-23-05.

    • 57.8 m at 1.27% Li2O cumulative width of three separate pegmatite intervals in hole CS-23-06.

  • District-scale potential along three separate trends totaling approximately 37.5km in strike length.

  • Close to regional infrastructure with the Billy Diamond Highway less than 10km away and approximately 150km north of Matagami, Quebec.

  • Q2 remains well funded to undertake a high-impact drill program at the Cisco Lithium Property in the coming months.

Vancouver, British Columbia--(Newsfile Corp. - February 29, 2024) - Q2 Metals Corp. (TSXV: QTWO) (OTCQB: QUEXF) (FSE: 458) ("Q2" or the "Company") is pleased to announce that it has entered into three individual option agreements which gives the Company the exclusive right and option (the "Option") for the acquisition of a 100% interest in three groups of minerals claims, collectively known as the Cisco Property (the "Property" or the "Cisco Property"), subject to the retention by certain vendors of a gross metals return royalty, as further detailed below. The Cisco Property is located in the southern portion of Eeyou Istchee James Bay, Quebec, Canada.

Q2 Metals to Acquire 100% of the Large-Scale Cisco Lithium Property Located in James Bay, Quebec with Historical Assays Including 115.4 Metres at 1.21% Li2O (newsfilecorp.com)

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