Q2 Metals (TSXV: QTWO) is drawing attention with a string of multi-hundred-metre lithium intercepts at its Cisco project in Quebec even as prices for the metal remain subdued.
Cisco, located in the James Bay lithium district, is one of the region’s new spodumene plays. The area includes Patriot Battery Metals’ (TSX: PMET; ASX: PMT) Corvette discovery and Winsome Resources’ (ASX: WR1) Adina project. The company recently released the final assays from its winter drill campaign, confirming wide, high-grade spodumene intervals in both step-out and infill drilling.
Q2 Metals is now preparing to launch a funded summer drill program and is working with BBA Engineering to define an initial exploration target under NI 43-101.
“Our final results from these broad step-out holes have not only intercepted significant width and grade, but generated key information that will inform subsequent drill campaigns,” CEO Alicia Milne told The Northern Miner in Quebec City.
Hole CS25-027 had three stacked zones, including 179.6 metres at 1.66% lithium oxide (Li2O), 58 metres at 1.75% Li₂O, and 91.8 metres at 1.81% Li₂O. This makes it the best hole so far in terms of grade-thickness, Milne said.
Drilling at Cisco has found mineralization over about a one-kilometre strike length. Spodumene-bearing pegmatites are still open to the south, northeast and at depth. The project lies 6.5 km from the Billy Diamond Highway, with the rail-serviced town of Matagami 150 km to the south.
Watch below the full interview with The Northern Miner’s western editor, Henry Lazenby. (We apologize for the poor audio quality.)
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