# Q2 Metals Files Technical Report for the Mineral Resource Estimate for the Cisco Lithium Project

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/q2-metals-files-technical-report-for-the-mineral-resource-estimate-for-the-cisco--eda367fb-8def-43bc-908f-92296c6913e1

Original source: https://money.tmx.com/en/quote/QTWO/news/4636059579156212/q2-metals-files-technical-report-for-the-mineral-resource-estimate-for-the-cisco

Publisher: tmx

Original announcement: 2026-06-04T22:33:09.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Q2 Metals Corp.

- Ticker: QTWO

- Exchange: TSX

- Region: Quebec, Canada

- Primary commodity: Lithium

- Secondary commodities: None reported

- Document categories: Resource update

- Extracted: 2026-09-16 18:44:19 UTC

Narrative sentiment: 0.00 · Neutral

## Minestarters Atlas summary

Q2 Metals Corp. has filed a technical report on SEDAR+ for the Cisco Lithium Project in Quebec. The report contains an Inferred Mineral Resource Estimate of 295 Mt at 1.36% Li2O, comprising a 270 Mt pit-constrained resource and a 24 Mt underground-constrained resource.

Reasoning: The document is a formal announcement of the filing of a technical report containing an existing mineral resource estimate; it does not present new assay results or changes to the resource itself.

- Positive factor: Technical report filed on SEDAR+

- Positive factor: Resource continuity mentioned

Facts used in scoring: 2

## Classification and evidence

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The announcement explicitly states the technical report was prepared in accordance with National Instrument 43-101.

Evidence · text

> in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The resource is entirely classified as Inferred.

Evidence · text

> The current Inferred Mineral Resource Estimate on the Cisco Deposit outlines a pit-constrained resource of 270 Mt

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: A current resource fact retains the disclosed cut-off grade

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Resource Estimates (2)

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/q2-metals-files-technical-report-for-the-mineral-resource-estimate-for-the-cisco--eda367fb-8def-43bc-908f-92296c6913e1#fact-resource-facts-0)

Cisco Lithium Project · lithium

#### Identity

- Project: Cisco Lithium Project
- Commodity: lithium
- Region: canada\_qc
- Reported Region: Quebec, Canada
- Ticker: QTWO

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:1857fde81a95a6905a45
- Deposit or zone: pit-constrained resource
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 270000000
- Grade: 1.36
- Grade Unit: % Li2O
- Cutoff Grade: 0.4
- Cutoff Unit: % Li2O

#### Prior Estimate

- Resource Date: 2026-04-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-04T00:00:00.000Z

Reasoning: Standard disclosure of an inferred resource within a technical report filing.

Evidence · text

> pit-constrained resource of 270 Mt grading 1.36% Li 2 O at a 0.4% Li 2 O cut-off grade

#### 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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/q2-metals-files-technical-report-for-the-mineral-resource-estimate-for-the-cisco--eda367fb-8def-43bc-908f-92296c6913e1#fact-resource-facts-1)

Cisco Lithium Project · lithium

#### Identity

- Project: Cisco Lithium Project
- Commodity: lithium
- Region: canada\_qc
- Reported Region: Quebec, Canada
- Ticker: QTWO

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:8431a2e9747cae1a8450
- Deposit or zone: underground-constrained resource
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 24000000
- Grade: 1.34
- Grade Unit: % Li2O
- Cutoff Grade: 0.7
- Cutoff Unit: % Li2O

#### Prior Estimate

- Resource Date: 2026-04-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-04T00:00:00.000Z

Reasoning: Standard disclosure of an inferred resource within a technical report filing.

Evidence · text

> underground-constrained resource of 24 Mt grading 1.34% Li 2 O Inferred at a 0.7% Li 2 O cut-off grade

#### 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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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

## 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.
