Q2 Metals Drills 457 Metres of Continuous Spodumene Pegmatite, Widest Interval to Date at the Cisco Lithium Project in Quebec, Canada

Executive Summary

• Q2 Metals reported multiple wide spodumene‑bearing pegmatite intercepts from eight new infill drill holes (total 4,603 m) at the Cisco Lithium Project.
• The most notable intercept is a 457.4 m continuous interval in Hole CS25‑044, exceeding prior expectations and indicating the mineralized zone remains open both laterally and at depth.
• The company plans additional fall/winter drilling to tighten spacing and advance toward an initial inferred mineral resource estimate; assay results for the eight holes are pending.

Key Details

• Hole Intercepts
• CS25‑044: 457.4 m continuous spodumene pegmatite interval (widest reported).
• CS25‑038: 22 intervals, including a 58.9 m interval and additional 58.3 m & 31.8 m intervals.
• CS25‑039: 13 intervals, highlighted by a 108.5 m interval plus 99.7 m, 77.7 m, and 71.0 m sections.

• CS25‑040: 12 intervals, featuring a 95.1 m interval with additional 81.9 m & 66.5 m sections.

• Overall Drilling Program

• Total to date on Cisco Project: 46 holes, 20,138 m drilled.
• Summer 2025 infill campaign added 8 holes (4,603 m) – all intersected visual spodumene pegmatite.

• Three drill rigs are currently operating, focusing on infill spacing within the main mineralized zone.

• Exploration Target Context

• Independent consultant BBA Inc. prepared an Exploration Target covering ~1.5 km strike length, based on 40 holes (16,167.8 m) as of 21 July 2025.

• Target estimates: 215–329 Mt at 1.0–1.38 % Li₂O.

• Assay Status

• Core from holes CS25‑038 to CS25‑045 has been logged and shipped to SGS Canada (Val‑d’Or) for multi‑element analysis, including lithium.

• Assay results are pending; forward‑looking statements note that pegmatite presence does not guarantee lithium mineralization.

• Future Plans

• Expanded fall/winter drilling will tighten spacing further and test additional outcrop zones using geophysical targeting.
• Goal: generate sufficient data to support an initial inferred mineral resource estimate for the Cisco Project.

Notable Quotes

• “Hole 44, with its 457‑metre‑long intercept, has far exceeded our expectations… there remains potential for significant expansion.” – Neil McCallum, Vice President of Exploration
• “The scale and consistency of the spodumene‑bearing pegmatite intercepted to date reinforces the long‑term potential of the Cisco Project.” – Alicia Milne, President & CEO

All non‑material boilerplate, forward‑looking statements, and company background have been omitted for brevity.