Q2 Metals Expands Cisco Lithium Property in Quebec

Q2 Metals Corp. has announced the acquisition of 545 additional mineral claims, significantly expanding its Cisco Lithium Property in Quebec's Eeyou Istchee James Bay region. With this acquisition, the Cisco Property now comprises 767 contiguous mineral claims covering 39,389 hectares in a lithium-rich area featuring the Frotet-Evans Greenstone Belt.

President and CEO Alicia Milne stated that this acquisition enhances the company's footprint and development options in a prominent lithium jurisdiction. Neil McCallum, VP of Exploration, noted that the new claims enrich the company's exploration capacity as they include prospective greenstone belt areas.

The acquisition, involving payments totaling $2.4 million and $1.2 million in exploration expenditures over 42 months, also includes a 3% gross metals royalty and further terms with vendors. Q2 aims to complete its winter 2025 exploration program soon, with further updates expected.