Mike Fagan,
Editor
Feb. 6, 2025
Q2 Metals Corp. (TSX-V: QTWO)(OTC: QUEXF) — currently trading around C$0.90 per share — has commenced Phase-2 drilling at its flagship Cisco lithium exploration project in James Bay, Quebec.
The 6,000 to 8,000 meter program is a follow-up to last year’s drilling, which produced a number of significant spodumene-pegmative intervals including:
- Drill hole CS-24-018: 215.6 meters at 1.69% lithium oxide (Li2O)
- Drill hole CS-24-021: 347.1 meters at 1.35% Li2O; and
- Drill hole CS-24-023: 188.6 meters at 1.56% Li2O
The current multi-rig program is focused on systematic drilling via step-outs between 200 and 400 meters apart with the first hole (underway now) designed as an aggressive 400-meter step-out from Hole CS-24-022 — the easternmost hole of the 2024 drill program.
Q2 Metals VP of Exploration Neil McCallum commented on the start of Phase-2 drilling at Cisco via press release:
“With drilling now underway, we look forward to exploring the highly promising zones that were mapped & sampled this past summer. We've only just begun to unlock the potential of the Cisco Project and with over a kilometer to the southwest and 900 metres to the east that have yet to be drill-tested, the step out drilling that we've planned will be pivotal in understanding the extent of the mineralization that we've seen so far. One drill rig will be used to test to the southwest of drill hole CS-24-023 to define the strike length of mineralization, and the other drill rig will be used to test to the east of drill holes CS-24-018 and CS-24-021 to identify potential additional parallel pegmatite zones.”
The fully-funded program is expected to run through mid-April.
To-date, Q2 Metals has drilled a total of 6,359 meters over 17 holes at the ~40,000-hectare Cisco project with all holes intercepting pegmatite with visual indications of spodumene mineralization identified.
In other words, a discovery in the making in a tier-one mining jurisdiction with plenty of drill targets mapped and ready to go as the company progresses toward an exploration target and eventually a defined resource.
The first hole of the winter 2025 program has now been collared with only around 25% of the total surface showing area at Cisco tested to-date.
For speculators, these early drill rounds often prove to be among the most exciting phases of exploration as a potential economically viable mineral discovery is delineated via the drill-bit.
With multiple rigs spinning, the Q2 Metals team continues to do an excellent job explaining the exploration process to stakeholders, including a brief video presentation you can watch here.
We’ve also been conducting a series of exclusive interviews with Q2’s upper management, which you can access here. We’ll have more interviews for you as Phase-2 drilling at Cisco continues to progress.
For additional information on Vancouver-based Q2 Metals, be sure to contact the company’s IR department at 800-482-7560 or via email at info@q2metals.com.
Visit the Q2 Metals corporate website and sign up to receive updates directly from the company here.
Yours in profits,
Mike Fagan
Editor, Resource Stock Digest
Click here to see more from Q2 Metals
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