Q2 Metals Expands Mineral Claims at Cisco Lithium Property

Q2 Metals Corp. has finalized an agreement to acquire 545 additional mineral claims, significantly expanding their presence at the Cisco Lithium Property in James Bay, Quebec. This acquisition more than triples Q2's claim holdings, now comprising 767 contiguous mineral claims over 39,389 hectares. The newly acquired claims are located mainly to the south of the original Cisco Property, enhancing potential development opportunities on the Frotet-Evans Greenstone Belt.

The agreement requires Q2 to pay $2.4 million over 42 months and invest $1.2 million in exploration. Some claims carry royalties, with options for partial buybacks. Exploration results from 2024 have shown promising lithium mineralization, positioning Q2 for future growth.

Q2 Metals will participate in upcoming industry events in Vancouver and Toronto to showcase core samples from their 2024 drill season, and share insights from Vice President of Exploration, Neil McCallum.