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Q2 Metals Corp. reports exploration and development updates for the Cisco Lithium Project, a lithium project in the Eeyou Istchee James Bay region of Quebec, Canada. Company news commonly covers drill results, spodumene pegmatite intervals, lithium oxide assay grades, geological modelling, exploration-target work and National Instrument 43-101 mineral-resource disclosure.

Q2 Metals is a Canadian mineral exploration company whose updates also include annual meeting results, capital-structure disclosure, governance matters, operating and financial results, and project-level milestones tied to the advancement of Cisco within a battery-metals district.

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Q2 Metals (OTCQB: QUEXF) filed a NI 43-101 technical report titled “Mineral Resource Estimate for the Cisco Lithium Project”, effective April 20, 2026 and signed June 3, 2026. The report is available on SEDAR+ and the company’s website.

The Cisco Deposit hosts a combined inferred mineral resource of 295 Mt grading 1.36% Li2O, including 270 Mt pit-constrained at a 0.4% Li2O cut-off and 24 Mt underground-constrained at a 0.7% Li2O cut-off. The deposit remains open along strike, with a 2026 exploration program focused on infill and expansion drilling in the 41,253 ha project area.

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Q2 Metals (OTCQB: QUEXF, TSX.V: QTWO) reported winter 2026 drill results from the Cisco Lithium Project in Quebec, including drill hole CS25-071 with 264.6 m at 1.84% Li₂O and 152.9 m at 1.59% Li₂O.

The Cisco Deposit has an Inferred Mineral Resource of 295 Mt at 1.36% Li₂O. A 20,000 m 2026 summer drill program and a Preliminary Economic Assessment, expected in Fall 2026, aim to advance and evaluate the project.

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Q2 Metals (OTCQB: QUEXF) has launched its largest field program at the Cisco Lithium Project in Quebec, with about 20,000 m of summer drilling focused on infill and expansion around the 295 Mt Inferred resource grading 1.36% Li2O.

A Preliminary Economic Assessment has started, targeting Fall 2026, alongside advanced metallurgical test work, environmental baseline studies, and road/camp permitting. Q2 recently completed a C$70M financing, supporting accelerated exploration and project development.

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Q2 Metals (OTCQB: QUEXF) announced an inaugural NI 43-101 Inferred Mineral Resource Estimate for the Cisco Lithium Project: 295 million tonnes at 1.36% Li2O (combined open-pit and underground), containing ~9.91 million tonnes LCE. An Exploration Target of 44–67 Mt at 0.88–1.35% Li2O was also reported. The deposit remains open in all directions, covers part of a 41,253 ha project area, and used 75 drill holes (33,343 m) up to winter 2026.

Estimation used ID2 and OK methods; QPs and QA/QC protocols were disclosed, and further infill, metallurgical and environmental work is planned toward a 2027 PEA.

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Q2 Metals (TSXV: QTWO / OTCQB: QUEXF) is advancing the Cisco Lithium Project in Quebec's James Bay region after drilling defined a large mineralized zone. A maiden inferred Mineral Resource Estimate is pending and a Preliminary Economic Assessment is planned, positioning the project for its next development stage.

The company is preparing studies and disclosures to move toward resource definition and economic assessment in a key battery‑metals district.

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Q2 Metals (QUEXF) reports multiple >200m continuous spodumene pegmatite intervals at the Cisco Lithium Project and an updated timeline for its inaugural inferred Mineral Resource Estimate (MRE).

Key facts: 37,372m drilled across 83 holes; standout continuous intervals include 264.6m, 240.4m, 202.7m; MRE being modelled by BBA and will use 74 holes from 2025; 2026 assays pending.

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Q2 Metals (OTCQB: QUEXF) reported final 2025 drill results from the Cisco Lithium Project, including a 170.2 m intercept at 1.99% Li2O that contains 40.1 m at 2.89% Li2O. The program totals 74 holes (31,961 m) and will feed an inaugural inferred MRE targeted for Q1 2026.

Infill and expansion drilling with four rigs continues to convert inferred to indicated resources ahead of a Preliminary Economic Assessment targeted for late 2026.

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Q2 Metals (OTCQB: QUEXF) appointed Keith Phillips as Executive Chair effective Feb 3, 2026, adding a senior executive with lithium-industry scale-up and capital-markets experience. The company plans an inaugural inferred Mineral Resource Estimate for the Cisco Lithium Project in March 2026 and targets a Preliminary Economic Assessment in late 2026.

Drilling resumed for winter 2026; 74 holes (31,961 metres) completed to Dec 31, 2025, with seven assays pending. Exploration Target range: 215–329 Mt at 1.0–1.38% Li2O (conceptual).

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Q2 Metals (OTCQB:QUEXF) reported results from its 2025 drill program at the Cisco Lithium Project, including a 179.2 m intercept averaging 1.24% Li2O (hole CS25-065) and multiple other wide, near-surface pegmatite intervals such as 49.8 m at 1.41% Li2O (CS25-057). To date 74 holes for 31,961 m have been completed and the reported assays cover 5,482.9 m over 16 holes. The company published an Exploration Target of 215–329 Mt at 1.0–1.38% Li2O (July 2025). Remaining assays are pending; infill drilling has resumed with a four‑rig program to support an inaugural MRE and a Preliminary Economic Assessment targeted for late 2026.

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Q2 Metals (OTCQB: QUEXF) announced that all matters at its Annual General Meeting on December 9, 2025 were approved. A total of 73,179,989 common shares were represented, equal to 38.62% of outstanding shares as of the record date October 24, 2025.

The company will host a live year-end webcast on December 18, 2025 at 08:00 AM PST (11:00 AM EST) to review 2025 performance, upcoming catalysts and plans for 2026, followed by Q&A.

Q2 Metals focuses on the Cisco Lithium Project in the James Bay region of Quebec. An initial Exploration Target estimates 215–329 million tonnes at 1.0–1.38% Li2O based on the first 40 holes; this target is conceptual and is not a NI 43-101 mineral resource. An initial mineral resource estimate is expected in Q1 2026. The project area covers 41,253 hectares and remains open along strike and at depth.

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FAQ

What is the current stock price of Q2 Metals (QUEXF)?

The current stock price of Q2 Metals (QUEXF) is $2.23 as of June 12, 2026.

What is the market cap of Q2 Metals (QUEXF)?

The market cap of Q2 Metals (QUEXF) is approximately 434.4M.