# Q2 Metals drills 404 metres at 1.57% lithium at giant Cisco in Quebec Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/q2-metals-drills-404-metres-at-1-57-lithium-at-giant-cisco-in-quebec--29e030f7-8767-4a1c-bf3e-16acdbbe5450 Original source: https://www.canadianminingjournal.com/news/q2-metals-drills-404-metres-at-1-57-lithium-at-giant-cisco-in-quebec/ Publisher: canadianminingjournal Original announcement: 2026-08-25T17:32:16.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Q2 Metals - Ticker: QTWO - Exchange: Unavailable - Region: Quebec - Primary commodity: Lithium - Secondary commodities: None reported - Document categories: Drill results, Resource update - Extracted: 2026-09-12 01:50:51 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Q2 Metals reported exceptional drill results at the Cisco lithium project in Quebec, highlighted by a 403.7m intercept at 1.57% Li2O. The results demonstrate significant mineralization continuity and potential for extension beyond the existing resource footprint. Reasoning: High-grade lithium intercepts in a significant project, demonstrating continuity and potential extension beyond the current resource shell. - Positive factor: exceptional lithium grade and width - Positive factor: extension of mineralization beyond conceptual pit shell - Positive factor: large scale project context Facts used in scoring: 4 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Intercepts lie outside the conceptual pit shell used for the April resource. Evidence · text > lies outside the conceptual pit shell used for Cisco’s April resource **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The primary resource mentioned is in the inferred category. Evidence · text > 295 million inferred tonnes ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (3) ### CS26-093 [Link to this fact](https://atlas-extractions.minestarters.com/news/q2-metals-drills-404-metres-at-1-57-lithium-at-giant-cisco-in-quebec--29e030f7-8767-4a1c-bf3e-16acdbbe5450#fact-drill-facts-0) Cisco · lithium #### Identity - Hole ID: CS26-093 - Project: Cisco - Commodity: lithium - Region: canada\_qc - Reported Region: canada\_qc - Ticker: QTWO #### Geometry - Grade: 1.57 - Grade Unit: % - Intercept: 403.7 m - From: 383.6 m - To: 787.3 m - Intercept Depth: 383.6 m #### Classification - Program: resource - Sample Type: drill - Group ID: CS26-093:383.6-787.3 #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-25T00:00:00.000Z Reasoning: 403.7m at 1.57% Li2O is a very strong intercept for a lithium project. - Positive factor: exceptional grade and width Evidence · text > 403.7 metres grading 1.57% lithium oxide \(Li 2 O\) from 383.6 metres depth #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The deposit is about 6.5 km from the Billy Diamond Highway and about 150 km north of rail infrastructure at Matagami." ### CS26-093 [Link to this fact](https://atlas-extractions.minestarters.com/news/q2-metals-drills-404-metres-at-1-57-lithium-at-giant-cisco-in-quebec--29e030f7-8767-4a1c-bf3e-16acdbbe5450#fact-drill-facts-1) Cisco · lithium #### Identity - Hole ID: CS26-093 - Project: Cisco - Commodity: lithium - Region: canada\_qc - Reported Region: canada\_qc - Ticker: QTWO #### Geometry - Grade: 1.93 - Grade Unit: % - Intercept: 213.8 m - From: 154.2 m - To: 368 m - Intercept Depth: 154.2 m #### Classification - Program: resource - Sample Type: drill - Group ID: CS26-093:154.2-368 #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-25T00:00:00.000Z Reasoning: Strong high-grade intercept. - Positive factor: high grade Evidence · text > 213.8 metres at 1.93% Li 2 O from 154.2 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The deposit is about 6.5 km from the Billy Diamond Highway and about 150 km north of rail infrastructure at Matagami." ### CS26-093 [Link to this fact](https://atlas-extractions.minestarters.com/news/q2-metals-drills-404-metres-at-1-57-lithium-at-giant-cisco-in-quebec--29e030f7-8767-4a1c-bf3e-16acdbbe5450#fact-drill-facts-2) Cisco · lithium #### Identity - Hole ID: CS26-093 - Project: Cisco - Commodity: lithium - Region: canada\_qc - Reported Region: canada\_qc - Ticker: QTWO #### Geometry - Grade: 1.24 - Grade Unit: % - Intercept: 60.8 m - From: 17.7 m - To: 78.5 m - Intercept Depth: 17.7 m #### Classification - Program: resource - Sample Type: drill - Group ID: CS26-093:17.7-78.5 #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-25T00:00:00.000Z Reasoning: Significant near-surface intercept. - Positive factor: near-surface mineralization Evidence · text > 60.8 metres at 1.24% Li 2 O from 17.7 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The deposit is about 6.5 km from the Billy Diamond Highway and about 150 km north of rail infrastructure at Matagami." ## Resource Estimates (1) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/q2-metals-drills-404-metres-at-1-57-lithium-at-giant-cisco-in-quebec--29e030f7-8767-4a1c-bf3e-16acdbbe5450#fact-resource-facts-3) Cisco · lithium #### Identity - Project: Cisco - Commodity: lithium - Region: canada\_qc - Reported Region: Quebec - Ticker: QTWO #### Resource scope - Estimate type: resource - Resource group id: resource:7ac7db7278bc92501d2c - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 295000000 - Grade: 1.36 - Grade Unit: % Li2O #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-25T00:00:00.000Z Reasoning: Large scale inferred resource establishes the project's significance. - Positive factor: massive scale - Negative factor: all inferred Evidence · text > 295 million inferred tonnes grading 1.36% Li 2 O #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ## 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.