Unleashing a World Class Lithium Discovery
Globally significant drill results are driving momentum toward a 2026 MRE.
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Entrance to the Billy Diamond Highway.
The Cisco Lithium Project:
Fast Facts
- Location: James Bay, Quebec (Nemaska traditional territory of the Eeyou Istchee)
- Access to Infrastructure:
- Sealed Billy Diamond Highway transects the Project (mineralized zone 10 km east); 150 km from Matagami (CN Rail hub).
- Permitting is underway for a direct access road and camp.
- Scale: 801 claims covering 41,253 hectares
- Geology: Situated along the lithium-rich Frotet-Evans Greenstone Belt
- Strategic Positioning: Tier-1 jurisdiction, strong lithium demand tailwinds, and access to infrastructure
Discover the Cisco Project
Initial Exploration Target:
A Major Milestone
In July 2025, Q2 Metals announced its inaugural Exploration Target¹ for Cisco, based on results from the first 40 drill holes. Prepared by BBA Inc., an independent geological and engineering consulting firm, the estimate outlines:
- A conceptual range of 215 to 329 million tonnes (Mt) of potential lithium-bearing material
- An estimated grade range of 1.0 to 1.38% Li₂O
This early-stage estimate underscores the potential scale and grade of Cisco, positioning it as what management believes is a globally significant hard rock lithium discovery.
Drilling is ongoing as part of the 2026 Program, with mineralization open at depth and along strike. Q2 Metals anticipates continued assay results throughout 2026, supporting the Company’s progression toward a maiden Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA).

“We are very pleased with these results, which have not only intercepted significant width and grade, but generated key information that will inform subsequent drill campaigns.
Cisco continues to deliver and is taking shape as a globally significant discovery in one of the world’s top mining jurisdictions.”
– Alicia Milne, President/CEO Q2 Metals


A section of drill hole 44, which intercepted 457 metres of continuous spodumene pegmatite grading at 1.65% Li₂O at the Cisco Project.
Drilling Highlights to Date
The 2026 drill program continues to deliver wide, high-grade spodumene pegmatite intervals, confirming the mineralized zone at the Cisco Lithium Project.
Most Recent Highlight
Hole 44: 457 m at 1.65% Li₂O
- The Project’s widest interval to date
- According to Canacord Genuity, hole 44 is the “best ever report assay from a hard rock lithium project.”
- Confirms strong continuity of mineralization outside of previously defined zones
Additional Strong Intervals:
- 272.5 m at 1.61% Li₂O (Hole 36)
- 347.1 m at 1.35% Li₂O (Hole 21)
- 215.6 m at 1.69% Li₂O (Hole 18)
- 179.6 m at 1.66% Li₂O with additional zones of 58 m at 1.75% Li₂O and 91.8 m at 1.81% Li₂O (Hole 27)
Program Highlights:
- Mineralized strike length expanded from ~850 m to ~1.5 km in 2025 drilling
- Mineralization remains open along strike and at depth
- Ongoing work is focused on continued infill drilling of the Mineralized Zone in preparation for an inaugural Mineral Resource Estimate
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Why Lithium, Why Now?
- Lithium is a critical mineral powering the global energy transition — especially electric vehicles (EVs) and battery storage
- EV adoption is accelerating, with the global EV stock projected to reach 350 million by 2030 (iea.org)
- EV batteries now account for approximately 85% of global lithium demand (iea.org)
- To meet demand, the world will need 52 new lithium mines by 2030 (Benchmark)
- Beyond EVs, Battery Energy Storage Systems (BESS) are emerging as a key driver of future lithium demand.


But Supply Can’t Keep Up
Global lithium supply is constrained by:
- Underinvestment
- Limited refining capacity
- Geopolitical challenges
Result: High demand, tight supply, rising strategic importance.

Why Quebec is a Key Player
- Pro-mining government support: tax incentives & direct project investment.
- James Bay is shaping up to become a world-class lithium exploration hub.
- Infrastructure is growing fast with projects like the Bécancour battery hub and new spodumene refineries.
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to access detailed drill results and to get a comprehensive look at our vision and exploration plans
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¹ An Exploration Target is used to provide a conceptual estimate of the potential quantity and grade of a mineral deposit, based on known and additional limited geological evidence. It is an early-stage assessment that will help to guide further exploration, but it is not a mineral resource or mineral reserve and should not be treated as such.
The potential quantity and grade of the Exploration Target on the Cisco Project are conceptual in nature. There has been insufficient exploration to estimate and define a Mineral Resource, as defined by National Instrument 43-101 Standards of Disclosure for Mineral Project (“NI 43- 101”), and it is uncertain if further exploration will result in the target being delineated as a Mineral Resource.
Disclaimer Regarding Third-Party Reports
Readers are cautioned that this webpage includes references to analyses prepared by third parties, which are subject to important qualifications, assumptions and exclusions. To fully understand such analyses, the applicable third party reports should be read in their entirety.
Qualified Person
Neil McCallum, B.Sc., P.Geol, a registered permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by NI 43-101 (“QP”), has reviewed and approved the technical information in this webpage. Mr. McCallum is a director and VP Exploration for Q2.
Forward-Looking Statements
This webpage contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, “would”, “will”, “potential”, “scheduled” or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this webpage that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regarding the geological prospects of the Company’s properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions.
Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this webpage speak only as of the date of publication of this webpage or as of the date specified in such statement. Forward looking statements in this webpage include, but are not limited to, proposed metallurgical test work to be conducted, the possibility of future development and mining infrastructure scenarios, the potential for development, the potential scale of the Cisco Project, the focus of the Company’s current and future exploration and drill programs, the scale, scope and location of future exploration and drilling activities, the Company’s expectations in connection with the projects and exploration programs being met, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters as plans continue to be refined, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled “Risk Factors” in the Company’s Management Discussion and Analysis for its recently completed fiscal period, which is available under Company’s SEDAR profile at www.sedarplus.ca.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.
