Northwire Canada EditionThursday, July 30, 2026
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ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0% ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0%
Drill Results Material +

Q2 Metals Discovers High Grade Zone with 170.2 Metre Intercept of 1.99% Li2O, Including 40.1 m of 2.89% Li2O at the Cisco Lithium Project

High-Grade Discovery at Cisco Project Solidifies Q2 Metals as a Tier-1 Lithium Contender in Quebec

By The Northwire Desk — AI Analysis Feb 24, 2026 · 07:00 QTWO · 2.05 Q2 Metals Corp.
Executive Summary

The most recent news release (February 24, 2026) reports the final analytical results from the 2025 drill program at the Cisco Lithium Project in Quebec. The standout result is drill hole CS25-073, which returned 170.2 meters at 1.99% Li2O, including a high-grade core of 40.1 meters at 2.89% Li2O. This represents the highest-grade significant interval discovered at the project to date. The company has now completed 74 holes (31,961 meters) which will form the basis of an inaugural inferred Mineral Resource Estimate (MRE).

Material Impact

This news is Material - Positive for several reasons: - Grade Superiority: The 2.89% Li2O sub-interval is exceptionally high-grade for a hard-rock lithium project, significantly exceeding the average grades of 1.0% to 1.38% Li2O outlined in the previous conceptual Exploration Target. - Resource Confidence: These results provide high-grade "sweet spots" that could significantly enhance the overall economics of the project in a future Preliminary Economic Assessment (PEA). - Continuity: The results confirm that the mineralized zone is not only wide but contains internal zones of much higher tenor than previously modeled. - De-risking: With 74 holes now in the database, the company is well-positioned to deliver its maiden MRE in March 2026, transitioning from a "discovery" story to a "resource" story.

QTWO · Price
Company Overview

Q2 Metals is focused on lithium exploration in the James Bay region of Quebec. Its flagship Cisco Lithium Project is located near the Billy Diamond Highway and infrastructure. The project has demonstrated massive scale, with a conceptual exploration target of 215 to 329 million tonnes. The company also holds the Mia Lithium Project, though Cisco has clearly become the primary value driver.

Read the original news release →

More from Q2 Metals Corp.

Jul 21, 2026 · 07:00

Q2 Metals Reports Final Winter Assays with Intercept of 137.6 Metres Grading 1.47% Li2O, Including 40.6 Metres at 3.25% Li2O at the Cisco Lithium Project in Quebec, Canada

Drill Results Jun 25, 2026 · 07:30

Q2 Metals begins its largest summer drill program at the Cisco Lithium Project to advance the preliminary economic assessment for a fall release.

Drill Results Jun 04, 2026 · 18:33

Q2 Metals filed a technical report for the Cisco Lithium Project, securing tier-1 status alongside $70m financing and a summer drilling push.

Resource Estimate Jun 02, 2026 · 05:30

Q2 Metals Advances Cisco Lithium Project with Major Summer Drilling Push and PEA Timeline

Drill Results May 27, 2026 · 07:30

Q2 Metals Secures Funding for Cisco Lithium Expansion as PEA Timeline Confirmed

Resource Estimate May 26, 2026 · 08:37

Q2 Metals Closes $70M Financing to Fund Cisco Lithium Project Amidst Strong Resource Growth

Financings