Welcome to our dedicated page for Q2 METALS news (Ticker: QUEXF), a resource for investors and traders seeking the latest updates and insights on Q2 METALS stock.
Q2 Metals Corp. (QUEXF) is a Canadian mineral exploration company focusing on unlocking its lithium projects in Quebec's Eeyou Istchee James Bay region. The company's flagship Mia Lithium Property, along with the recently acquired Cisco Lithium Property, showcases significant potential within the lithium sector. Recent exploration efforts have led to optimistic drilling results at the CO1 Zone on the Cisco Property, hinting at district-scale possibilities and extension opportunities for mineralization. With strategic drilling programs and ongoing mapping initiatives, Q2 Metals aims to tap into the vast mineralization potential of the region.
Q2 Metals, trading as QUEXF on the OTCQB, announced the closing of three option agreements for acquiring the Cisco Lithium Property in James Bay, Quebec. Initially agreed on February 28, 2024, and amended on June 12, 2024, these agreements grant Q2 Metals the exclusive right to 100% ownership of the property. The Cisco Property is composed of three groups of mineral claims situated in the southern part of Eeyou Istchee James Bay. This strategic acquisition is expected to bolster Q2 Metals' position in the lithium exploration market.
On May 29, 2024, Q2 Metals announced the initiation of its inaugural drill program at the Cisco Lithium Property in Quebec, Canada. The Spring 2024 Drill Campaign aims to explore the mineralized zone where a lithium discovery was made in fall 2023. The program will focus on testing mineralized pegmatite along strike and determining the size and orientation of the Discovery Zone. Concurrently, a detailed mapping and sampling campaign continues to assess the extent of lithium mineralization and identify other potential targets within the 21 km exploration trend.
Q2 Metals announced a repricing of 12,908,333 outstanding common share purchase warrants from $1.25 to $0.60. This amendment awaits approval from the TSX Venture Exchange. These warrants were originally issued on February 23, 2023, as part of a private placement. All other terms, including the expiry date of February 23, 2025, remain unchanged.
Q2 Metals has initiated its first exploration program at the Cisco Lithium Property in James Bay, Quebec. The geology team and drilling contractors have mobilized for a detailed mapping and sampling program to assess lithium mineralization over a 21 km exploration area. The Spring 2024 Drill Campaign will focus on the 2023 discovery area, with potential expansion based on initial assessments. Dahrouge Geological Consulting is managing the program, with Youdin-Rouillier Drilling contracted for diamond drilling.
The Q2 Metals team, led by President and CEO Alicia Milne, is motivated by the property's previous discoveries and the project's large scale. This initiative aims to identify further potential targets and expand the scope of exploration at the Cisco Property.
Q2 Metals has announced the results of re-assaying core samples from the Cisco Lithium Property in Quebec, Canada.
The re-assay confirmed significant lithium and tantalum mineralization in multiple drill holes, including 115.4 meters at 1.40% Li2O in hole CS-23-05 and 57.8 meters at 1.44% Li2O in hole CS-23-06.
These results are an improvement over the previous assays, which were 1.21% and 1.27% Li2O, respectively.
Q2 Metals plans a detailed mapping and sampling program starting after May 20, 2024, followed by an inaugural drill campaign focusing on the 2023 discovery area, aiming to explore further along the 21-kilometer-long primary exploration trend.
Q2 Metals Corp. announces assay results from its 2024 Winter Drill Program at the Mia Lithium Property in Quebec, Canada. The program confirms the presence of wide spodumene-mineralized pegmatites with high-grade intervals at the Mia Zone. Results show continuity of mineralization at the Mia 1, 2, & 3 zones. The Winter Drill Program's objective was to follow up on the fall-2023 drilling along the Mia Trend. Drill results confirmed spodumene mineralization and revealed wide pegmatite intervals with anomalous geochemistry, indicating potential for additional mineralized zones.
Q2 Metals Corp. announced the completion of a drill-core re-evaluation for the Cisco Lithium Property in Quebec, Canada. The review included re-logging six drill holes and sampling relevant intervals for lab analysis. The Company plans to share results soon and is preparing for summer exploration.
FAQ
What is the current stock price of Q2 METALS (QUEXF)?
What is the market cap of Q2 METALS (QUEXF)?
What is Q2 Metals Corp. focused on?
What are the primary properties owned by Q2 Metals?
What recent drilling results indicate potential for Q2 Metals?
What are the ongoing exploration efforts by Q2 Metals?
Who is leading the exploration activities at Q2 Metals?
