GlobeNewswire·Aug 25, 2026, 3:01 AM ET

Q2 Metals Drills Best Hole to Date Intersecting 403.7 Metres at 1.57% Li₂O and 213.8 Metres at 1.93% Li₂O in Hole 93 at the Cisco Lithium Project

QUEXF

Q2 Metals Corp. reported assay results from the 2026 Summer Drill Program at the Cisco Lithium Project in Quebec, Canada.
Drill hole-93 intersected three separate intervals: 60.8 m at 1.24% Li2O, 213.8 m at 1.93% Li2O, and 403.7 m at 1.57% Li2O.
A total of 9,552 m of drilling across 22 holes has been completed during the 2026 Summer Drill Program to date.
Four drill rigs are currently operating in the main Cisco deposit area, with plans to initiate expansion drilling beyond the main area once additional rigs become available.
Drilling results will be included in an update to the Inferred Mineral Resource Estimate to support the conversion to the Indicated category.
Hole-93 confirmed deposit continuity at depth, with approximately 170 m of the 403.7 m interval occurring outside the conceptual pit shell area.
The near-surface 60.8 m interval in hole-93 was intersected at a vertical depth of only 14 metres in an area obscured by vegetation.
Regional greenfield exploration, including till sampling, geochemical soil sampling, mapping, channel sampling, and prospecting, is ongoing.
Current Inferred Mineral Resource estimates total 295 Mt grading 1.36% Li2O, comprising 270 Mt pit-constrained resource and 24 Mt underground-constrained resource.
The 2026 exploration program is scheduled to continue through fall into winter, paralleling the development of a Preliminary Economic Assessment.
Q2 Metals expects to present updates at several upcoming conferences, including XPLOR Montreal in November 2026.