Q2 Metals Expands Lithium Portfolio: A Game-Changer in James Bay

Q2 Metals Corp. (TSXV:QTWO) has just announced a significant move in the lithium space, acquiring an additional 545 mineral claims at the Cisco Lithium Property in James Bay, Quebec. This strategic acquisition more than triples the company's mineral claim position at the Cisco Property, totaling 767 claims over 39,389 hectares. Let's dive into the implications of this deal and what it means for Q2 Metals and the lithium market.

Firstly, the acquisition of these additional claims significantly enhances Q2 Metals' exploration potential in the James Bay region. The newly acquired claims are primarily south of the original Cisco Property claims, adding several kilometers of prospective greenstone rocks and providing extensive strategic sites for future development and mining infrastructure scenarios. With this expansion, Q2 Metals now holds a total of 30 km of strike length on the Frotet-Evans Greenstone Belt, which hosts the Sirmac and Moblan lithium deposits.

Geologically, the Additional Cisco Claims are situated along the Frotet-Evans Greenstone Belt, dominated by a volcanic package of mafic to felsic metavolcanic rocks. This favorable setting is known to host lithium mineralization, as seen in the Sirmac and Moblan deposits. The claims are subject to royalties, with 3% gross metals returns royalty on certain claims and a 2% net smelter returns royalty and 1% gross metals returns royalty on the remaining claims. To acquire these claims, Q2 Metals must pay an aggregate of $2,400,000 over 42 months and complete $1,200,000 of exploration expenditures during that time.

Q2 Metals has already drilled a total of 6,359.7 meters over 17 holes at the Cisco Lithium Property. All drill holes intercepted pegmatite with visual indications of spodumene mineralization identified. The company plans to continue its exploration efforts, with a focus on the newly acquired claims.



The acquisition of additional claims at the Cisco Lithium Property aligns with Q2 Metals' overall strategy for lithium exploration and development in the James Bay region. The expanded land position, now totaling 767 claims over 39,389 hectares, positions Q2 Metals as a major player in the James Bay lithium district, with the potential for multiple large-scale lithium discoveries.

In conclusion, Q2 Metals' acquisition of additional claims at the Cisco Lithium Property is a game-changer for the company and the lithium market. This strategic move enhances Q2 Metals' exploration potential, provides extensive strategic sites for future development, and solidifies the company's position in the James Bay lithium district. As Q2 Metals continues its exploration efforts, investors should keep a close eye on this promising lithium play.