Q2 Metals
Promotional Strapline: Advancing the Cisco Lithium Project
Primary Ticker: TSXV:QTWO, OTCQB:QUEXF, FSE:458
Stage of Development: Exploration
Primary Minerals: Lithium
Country / Region: Canada
Market Cap 388M
Corporate Presentation: Go to presentation
Website: Q2 Metals
Q2 Metals is a Canadian mineral exploration company focused on the Cisco Lithium Project, located within the greater Nemaska traditional territory of the Eeyou Istchee, James Bay region of Quebec, Canada. The Cisco deposit is 6.5 km from the Billy Diamond Highway, which leads to rail facilities in the Town of Matagami, ~150 km to the south and deep sea ports beyond. The Cisco MRE defines a pit constrained 270 Mt at 1.36% Li2O Inferred at a cut-off grade of 0.4% Li2O with an additional underground constrained MRE of 24 Mt at 1.34 Li2O Inferred at a cut-off grade of 0.7% Li2O, for a total combined inferred mineral resource of 295 Mt at 1.36% Li2O. The deposit remains open along strike, with multiple additional high potential targets identified across the broader 41,253 ha project area. The 2026 exploration program is ongoing, primarily focused on infill drilling towards indicated resource definition for inclusion in an inaugural Preliminary Economic Assessment, targeted for 2027. Targeted expansion and exploration for new discoveries is planned for high priority targets around the deposit and elsewhere on the project.
Management Profile:
Alicia Milne, CEO, President & Director
Alicia Milne - President & CEO Alicia Milne is a legal professional and a specialist in securities and corporate administration of public companies. She is a securities compliance consultant providing services to various public companies listed on the New York Stock Exchange, Toronto Stock Exchange and TSX Venture Exchange. With over 20 years in the legal profession, Ms. Milne has developed her career as a corporate secretary, compliance officer and corporate consultant, as well as an independent director. Formerly the Corporate Secretary of Pretium Resources Inc., Ms. Milne also serves as an independent director on four publicly listed companies. Ms. Milne is a member of the Governance Professionals of Canada and is a former director of Women in Mining BC.
What are your key goals for the next 3, 6 and 12 months?
3 Months
- Continued infill drilling of deposit area for expansion and conversion of inferred resources to indicated, along with exploration drilling at high priority targets outside deposit area
- Continued metallurgical test work along with initiation of permitting and baseline studies
- Additions to corporate team, evaluation of funding opportunities including federal/provincial government initiatives
6 Months
- Updated mineral resource estimate
- Permitting of access road from highway to deposit as well as new camp
- Significant drill campaign as we look ahead to PEA
12 Months
- Capital Raise
- Permitting
- Preliminary Economic Assessment
What do you think makes your company such a compelling investment?
The Cisco deposit is the largest spodumene lithium project in the western hemisphere and fourth largest in the world. The deposit remains open in all directions and there are multiple high potential targets identified across the broader project area. Cisco has exceptional access infrastructure, being just 6.5km from the paved, all-season Billy Diamond highway which leads to rail facilities 150km south in the town of Matagami. Rail leads to deep sea ports in both Saguenay and Becancour - which is being developed as a battery material processing hub.
