Highlights:
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The largest field program to date at the Cisco Lithium Project has started, with the summer program targeting approximately 20,000 metres of drilling:
- Priority is on infill drilling of the main Cisco deposit area to convert existing Inferred resources to Indicated.
- Significant expansion and regional exploration-scale drilling is also planned around the resource area and on additional untested high priority targets.
- A Preliminary Economic Assessment study has been initiated, utilizing information from the Inferred Mineral Resource Estimate, and is expected to be published in Fall-2026.
- Advanced metallurgical test work is underway, with results expected over the coming months.
- Environmental baseline studies have commenced.
- Assays are pending on the 17 drill holes completed during the 2026 winter drill program.
- Q2 is well positioned having just completed a C$70M financing, providing optionality to significantly accelerate activities as needed.
VANCOUVER, British Columbia, May 27, 2026 (GLOBE NEWSWIRE) -- Q2 Metals Corp. (TSX.V: QTWO | OTCQB: QUEXF | FSE: 458) (“Q2” or the “Company”) is pleased to announce the commencement of the 2026 Summer Exploration Program at the Cisco Lithium Project (the “Project” or the “Cisco Project”), located within the greater Nemaska traditional territory of the Eeyou Istchee, James Bay region of Quebec, Canada. The Cisco Project is strategically located just 6.5 kilometres (“km”) from the paved, all-season Billy Diamond Highway, which provides access to rail infrastructure in the town of Matagami, Quebec, approximately 150 km to the south, with connections to deep sea ports beyond.