Q2 Metals Reports Final Winter Assays with Intercept of 137.6 Metres Grading 1.47% Li₂O, Including 40.6 Metres at 3.25% Li₂O at the Cisco Lithium Project in Quebec, Canada
Original announcement by globenewswire on
- Company
- Q2 Metals Corp
- Ticker
- QTWO
- Exchange
- Unavailable
- Region
- Quebec, Canada
- Primary commodity
- Lithium
- Secondary commodities
- Tantalum
- Document categories
- Drill results
- Extracted
- 2026-08-20 20:15:21 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Q2 Metals has reported final winter assay results from its Cisco Lithium Project in Quebec, highlighted by a 137.6m intercept at 1.47% Li2O including 40.6m at 3.25% Li2O. The results demonstrate consistent high-grade mineralization and extension beyond the current Inferred Mineral Resource Estimate.
Reasoning: The release reports significant high-grade lithium intercepts (up to 3.25% Li2O) and demonstrates extension of mineralization beyond the existing Inferred Mineral Resource Estimate.
Positive factors
- high-grade lithium intercepts
- extension of mineralization beyond MRE limits
- consistent results across multiple holes
Negative factors
- all results currently Inferred
Facts used in scoring: 12
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drill hole 92 encountered an interval extending beyond the conceptual open pit of the MRE.
Evidence · text
“with over 100 metres of the interval extending beyond the conceptual open pit that was part of the MRE”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release details QA/QC protocols including quartz blanks, CRMs, and duplicate analysis.
Evidence · text
“A Quality Assurance / Quality Control (QA/QC) protocol following industry best practices was incorporated”
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The 40.6m at 3.25% Li2O intercept is exceptionally high grade for a lithium project.
Evidence · text
“including 40.6 m at 3.25% Li 2 O”
Extracted facts
Stored fact records: 12. Some facts used in scoring do not have a stored record.
Drill Results (12)
CS26-088Cisco Lithium Project · lithiumGrade: 1.47Grade Unit: % Li2OIntercept: 137.6 mView all detailsHide details
Identity
- Hole ID
- CS26-088
- Project
- Cisco Lithium Project
- Commodity
- lithium
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- QTWO
Geometry
- Grade
- 1.47
- Grade Unit
- % Li2O
- Intercept
- 137.6 m
Classification
- Sample Type
- drill
- Group ID
- CS26-088:0-137.6
- Mining Method
- mixed
QA/QC
- Laboratory
- SGS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-21T00:00:00.000Z
Reasoning: 137.6m at 1.47% Li2O is a significant intercept for a lithium project.
Positive factors
- strong grade-width product
Evidence · text
“CS26-088: nine (9) separate intervals , including: 137.6 m at 1.47% Li 2 O”
CS26-088Cisco Lithium Project · lithiumGrade: 3.25Grade Unit: % Li2OIntercept: 40.6 mView all detailsHide details
Identity
- Hole ID
- CS26-088
- Project
- Cisco Lithium Project
- Commodity
- lithium
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- QTWO
Geometry
- Grade
- 3.25
- Grade Unit
- % Li2O
- Intercept
- 40.6 m
Classification
- Sample Type
- drill
- Group ID
- CS26-088:0-137.6
- Mining Method
- mixed
QA/QC
- Laboratory
- SGS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-21T00:00:00.000Z
Reasoning: 40.6m at 3.25% Li2O is a high-grade bonanza-style intercept for lithium.
Positive factors
- exceptional grade
Evidence · text
“including 40.6 m at 3.25% Li 2 O”
CS26-088Cisco Lithium Project · lithiumGrade: 1.23Grade Unit: % Li2OIntercept: 93.6 mView all detailsHide details
Identity
- Hole ID
- CS26-088
- Project
- Cisco Lithium Project
- Commodity
- lithium
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- QTWO
Geometry
- Grade
- 1.23
- Grade Unit
- % Li2O
- Intercept
- 93.6 m
Classification
- Sample Type
- drill
- Group ID
- CS26-088:0-137.6
- Mining Method
- mixed
QA/QC
- Laboratory
- SGS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-21T00:00:00.000Z
Reasoning: 93.6m at 1.23% Li2O provides good continuity within the hole.
Positive factors
- significant width
Evidence · text
“and 93.6 m at 1.23% Li 2 O”
CS25-083Cisco Lithium Project · lithiumGrade: 1.34Grade Unit: % Li2OIntercept: 73.5 mView all detailsHide details
Identity
- Hole ID
- CS25-083
- Project
- Cisco Lithium Project
- Commodity
- lithium
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- QTWO
Geometry
- Grade
- 1.34
- Grade Unit
- % Li2O
- Intercept
- 73.5 m
Classification
- Sample Type
- drill
- Mining Method
- mixed
QA/QC
- Laboratory
- SGS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-21T00:00:00.000Z
Reasoning: 73.5m at 1.34% Li2O is a solid intercept.
Positive factors
- good width
Evidence · text
“CS25-083 : three (3) separate intervals , including 73.5 m at 1.34% Li 2 O”
CS25-086Cisco Lithium Project · lithiumGrade: 1.58Grade Unit: % Li2OIntercept: 50 mView all detailsHide details
Identity
- Hole ID
- CS25-086
- Project
- Cisco Lithium Project
- Commodity
- lithium
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- QTWO
Geometry
- Grade
- 1.58
- Grade Unit
- % Li2O
- Intercept
- 50 m
Classification
- Sample Type
- drill
- Mining Method
- mixed
QA/QC
- Laboratory
- SGS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-21T00:00:00.000Z
Reasoning: 50m at 1.58% Li2O is a strong intercept.
Positive factors
- strong grade
Evidence · text
“CS25-086 : 10 separate intervals , including 50 m at 1.58% Li 2 O”
CS26-087Cisco Lithium Project · lithiumGrade: 0.97Grade Unit: % Li2OIntercept: 46.9 mView all detailsHide details
Identity
- Hole ID
- CS26-087
- Project
- Cisco Lithium Project
- Commodity
- lithium
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- QTWO
Geometry
- Grade
- 0.97
- Grade Unit
- % Li2O
- Intercept
- 46.9 m
Classification
- Sample Type
- drill
- Mining Method
- mixed
QA/QC
- Laboratory
- SGS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-21T00:00:00.000Z
Reasoning: 46.9m at 0.97% Li2O is a moderate intercept.
Positive factors
- moderate width
Evidence · text
“CS26-087 : nine (9) separate intervals , including 46.9 m at 0.97% Li 2 O”
CS26-089Cisco Lithium Project · lithiumGrade: 1.63Grade Unit: % Li2OIntercept: 21.6 mView all detailsHide details
Identity
- Hole ID
- CS26-089
- Project
- Cisco Lithium Project
- Commodity
- lithium
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- QTWO
Geometry
- Grade
- 1.63
- Grade Unit
- % Li2O
- Intercept
- 21.6 m
Classification
- Sample Type
- drill
- Mining Method
- mixed
QA/QC
- Laboratory
- SGS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-21T00:00:00.000Z
Reasoning: 21.6m at 1.63% Li2O is a strong intercept.
Positive factors
- strong grade
Evidence · text
“CS26-089: 10 separate intervals , including 21.6 m at 1.63% Li 2 O”
CS26-090Cisco Lithium Project · lithiumGrade: 1.46Grade Unit: % Li2OIntercept: 43.1 mView all detailsHide details
Identity
- Hole ID
- CS26-090
- Project
- Cisco Lithium Project
- Commodity
- lithium
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- QTWO
Geometry
- Grade
- 1.46
- Grade Unit
- % Li2O
- Intercept
- 43.1 m
Classification
- Sample Type
- drill
- Mining Method
- mixed
QA/QC
- Laboratory
- SGS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-21T00:00:00.000Z
Reasoning: 43.1m at 1.46% Li2O is a solid intercept.
Positive factors
- good width
Evidence · text
“CS26-090: nine (9) separate intervals , including: 43.1 m at 1.46% Li 2 O”
CS26-090Cisco Lithium Project · lithiumGrade: 1.17Grade Unit: % Li2OIntercept: 42.8 mView all detailsHide details
Identity
- Hole ID
- CS26-090
- Project
- Cisco Lithium Project
- Commodity
- lithium
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- QTWO
Geometry
- Grade
- 1.17
- Grade Unit
- % Li2O
- Intercept
- 42.8 m
Classification
- Sample Type
- drill
- Mining Method
- mixed
QA/QC
- Laboratory
- SGS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-21T00:00:00.000Z
Reasoning: 42.8m at 1.17% Li2O is a solid intercept.
Positive factors
- good width
Evidence · text
“and 42.8 m at 1.17% Li 2 O”
CS26-090Cisco Lithium Project · lithiumGrade: 0.87Grade Unit: % Li2OIntercept: 40.7 mView all detailsHide details
Identity
- Hole ID
- CS26-090
- Project
- Cisco Lithium Project
- Commodity
- lithium
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- QTWO
Geometry
- Grade
- 0.87
- Grade Unit
- % Li2O
- Intercept
- 40.7 m
Classification
- Sample Type
- drill
- Mining Method
- mixed
QA/QC
- Laboratory
- SGS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-21T00:00:00.000Z
Reasoning: 40.7m at 0.87% Li2O is a moderate intercept.
Evidence · text
“and 40.7 m at 0.87% Li 2 O”
CS26-092Cisco Lithium Project · lithiumGrade: 1.54Grade Unit: % Li2OIntercept: 185.7 mView all detailsHide details
Identity
- Hole ID
- CS26-092
- Project
- Cisco Lithium Project
- Commodity
- lithium
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- QTWO
Geometry
- Grade
- 1.54
- Grade Unit
- % Li2O
- Intercept
- 185.7 m
Classification
- Sample Type
- drill
- Mining Method
- mixed
QA/QC
- Laboratory
- SGS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-21T00:00:00.000Z
Reasoning: 185.7m at 1.54% Li2O is an exceptional intercept that extends beyond the conceptual open pit.
Positive factors
- exceptional width
- extension beyond MRE
Evidence · text
“CS26-092: nine (9) separate intervals , including: 185.7 m at 1.54% Li 2 O”
CS26-092Cisco Lithium Project · lithiumGrade: 1.54Grade Unit: % Li2OIntercept: 73.5 mView all detailsHide details
Identity
- Hole ID
- CS26-092
- Project
- Cisco Lithium Project
- Commodity
- lithium
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- QTWO
Geometry
- Grade
- 1.54
- Grade Unit
- % Li2O
- Intercept
- 73.5 m
Classification
- Sample Type
- drill
- Mining Method
- mixed
QA/QC
- Laboratory
- SGS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-21T00:00:00.000Z
Reasoning: 73.5m at 1.54% Li2O is a strong intercept.
Positive factors
- good width
Evidence · text
“and 73.5 m at 1.54% Li 2 O”
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.