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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.
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Q2 Metals Corp. has commenced its 2024 winter drill program at the Mia Lithium Property, targeting 4,000m with potential to expand. The company aims to gain a deeper understanding of the property and test new mineralized discoveries. The Winter Drill Program will focus on expanding the subsurface pegmatite zone and testing new mineralized discoveries along the Mia Trend. Qualified Person Neil McCallum has reviewed the technical information in the news release.
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Q2 Metals Corp. (TSXV: QTWO) (OTCQB: QUEXF) (FSE: 458) provides an update on its inaugural drill program at its wholly owned, 8,668-ha Mia Lithium Property located in the Eeyou Istchee James Bay Territory of Quebec. The drilling at the MIA 1 Zone has defined multiple stacked continuous shallowly-dipping spodumene-bearing pegmatite bodies, with potential demonstrated by significant aggregate core intervals. A total of 31 drill holes were completed on the Mia Trend for approximately 5,601 meters. The company remains well funded with over $9 million in treasury and is focused on advancing new lithium pegmatite discoveries at the Property.
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Q2 Metals Corp. (QTWO) announces eight new mineralized discoveries at its Mia Lithium Property in Quebec, with significant lithium assays and the discovery of a new trend. The company remains well funded, enabling it to focus on advancing the new lithium pegmatite discoveries.
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Q2 Metals Corp. (QTWO) has received $2,011,425 from exercised warrants, reflecting shareholder confidence. The funds will be used for working capital. The company is advancing its drill program at the Mia Lithium Property, with promising initial results.
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Q2 Metals Corp. (TSXV: QTWO) (OTCQB: QUEXF) (FSE: 458) is pleased to provide an update on Phase 1 of its inaugural drill program at its wholly owned, 8,668-ha Mia Lithium Property in Quebec. The primary objective is to conduct initial drill testing of the Mia Lithium Exploration Trend, commencing at the Mia Zone and continuing to the Carte Zone. The drill program has vastly improved the understanding of the Property and confirmed the presence of pegmatites with visual indications of spodumene mineralization. The Company has also begun initial work on the preparation of a winter access trail for Phase 2 of the program.
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Q2 Metals Corp. has entered into an agreement to buy back the 2% Net Smelter Production Royalty (NSR) held by Canadian Mining House (CMH) on the Mia Lithium Property. The buyback will result in the Property having a remaining 1% NSR on all claims and an additional 2% net smelter returns royalty in favor of Franco Nevada Corporation on twenty-eight of the Property claims. The Company will pay CMH a total consideration of $1,650,000, with $500,000 payable upon closing and the remaining $1,150,000 payable in cash and/or common shares of the Company on or before December 31, 2023.
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Q2 Metals Corp. announces the start of its inaugural drill program at the Mia Lithium Property in Quebec.
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Q2 Metals completes purchase agreement for Mia Lithium Property
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Q2 Metals Corp. completes surface mapping and rock sampling at Mia Lithium Property, discovers new spodumene occurrences
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Q2 Metals Corp. discovers four new spodumene pegmatite occurrences on the Mia Lithium Property in Quebec, extending the distance between lithium mineralized occurrences to 9.7 kilometers. A total of 136 individual pegmatite outcrops have been mapped. 212 rock samples have been collected on the Property. Q2 will begin its drill program starting at the Mia Zone in mid-October.
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FAQ
What is the current stock price of Q2 METALS (QUEXF)?
The current stock price of Q2 METALS (QUEXF) is $0.55371 as of December 20, 2024.
What is the market cap of Q2 METALS (QUEXF)?
The market cap of Q2 METALS (QUEXF) is approximately 91.5M.
What is Q2 Metals Corp. focused on?
Q2 Metals Corp. is a Canadian mineral exploration company focusing on unlocking its lithium projects in Quebec's Eeyou Istchee James Bay region.
What are the primary properties owned by Q2 Metals?
Q2 Metals owns the Mia Lithium Property, its flagship project, and expects to add the Cisco Lithium Property to its portfolio.
What recent drilling results indicate potential for Q2 Metals?
Recent exploration at the CO1 Zone on the Cisco Property has shown district-scale potential and opportunities for mineralization extension.
What are the ongoing exploration efforts by Q2 Metals?
Q2 Metals is conducting strategic drilling programs and mapping initiatives to explore and exploit the mineralization potential in the region.
Who is leading the exploration activities at Q2 Metals?
Neil McCallum, a Qualified Person, is overseeing the technical aspects of the exploration at Q2 Metals.
Q2 METALS CORP
OTC:QUEXF
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