Q2 Metals is focused on advancing the Cisco Lithium Project, located within the greater Nemaska Community lands in the southernmost area of the Eeyou Istchee James Bay Region of Quebec, Canada.

The 2025 Exploration Target on Cisco estimates a range of potential lithium mineralization of 215 to 329 million tonnes at a grade ranging from 1.0 to 1.38% Li₂O, based only on the first 40 holes drilled.

It is noted that the potential quantity and grade of the Exploration Target are conceptual in nature and there has been insufficient exploration to estimate and define a Mineral Resource, as defined by NI 43-101. An inaugural NI 43-101 Mineral Resource Estimate on the project is expected in Q1 2026.

The project has exceptional access infrastructure, starting with the paved, all-season Billy Diamond Highway, which connects the Cisco Project to Canadian National Rail facilities in the town of Matagami, just 150 kilometres to the south. These rail lines connect to Becancour, a developing battery metals processing hub with direct access to international shipping via ports on the St. Lawrence Seaway. Permitting is in progress for an access road connecting the Billy Diamond Highway to the discovery area.