Q2 Metals Reports Multiple Wide, Mineralized Intercepts from Infill Drilling at the Cisco Lithium Project, Including 95.1 m and 81.9 m each Grading 1.56% Li₂O

December 01, 2025

Highlights:

  • Four (4) drill holes from the 2025 infill drill program with strong analytical results are reported herein:

    • CS25-040: 12 separate intervals, including 95.1 metres (“m”) at 1.56% Li2O, 81.9 m at 1.56% Li2O and 66.5 m at 1.26% Li2O;

    • CS25-041: seven (7) separate intervals, including 53 .9 m at 1.53% Li2O, 54.0 m at 1.21% Li2O and 41.2 m at 1.31% Li2O;

    • CS25-042: 16 separate intervals, including 32.7 m at 1.56% Li2O, 26.5 m at 1.53% Li2O, 26.3 m at 1.47% Li2O, 32.1 m at 1.14% Li2O, and 26.1 m at 1.13% Li2O; and

    • CS25-043: 16 separate intervals, including 38.2 m at 1.47% Li2O, 22.2 m at 1.38% Li2O and 21.4 m at 1.52% Li2O.

  • Assays are pending on more than 20 drill holes, including CS25-044 which intercepted 457.4 m of continuous spodumene pegmatite.

  • Four (4) drill rigs continue to operate on the Cisco Project, primarily focused on infill-scale drilling within the main mineralized zone, supporting the Company’s efforts to deliver an initial inferred Mineral Resource Estimate in the first quarter of 2026.

VANCOUVER, British Columbia, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Q2 Metals Corp. (TSX.V: QTWO | OTCQB: QUEXF | FSE: 458) (“Q2” or the “Company”) is pleased to report assay results from the ongoing 2025 drill program (the “2025 Drill Program”) at the Company’s 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 primary focus of the fall and winter drilling campaign is on infill-scale drilling within the main mineralized zone defined by the Exploration Target (the “Mineralized Zone”), issued by the Company in July 2025. The Exploration Target estimated a range of potential lithium mineralization at the Mineralized Zone of 215 to 329 million tonnes at a grade ranging from 1.0 to 1.38% Li2O and was based only on the first 40 holes drilled. An Exploration Target is used to provide a conceptual estimate of the potential quantity and grade of a mineral deposit, based on known and additional limited geological evidence. It is an early-stage assessment that will help to guide further exploration, but it is not a mineral resource or mineral reserve and should not be treated as such.

The drill campaign has been designed to support the Company’s objective of delivering an initial inferred Mineral Resource Estimate in the first quarter of 2026. Drilling at the Cisco Project is ongoing, with four (4) drill rigs currently operating on site.

The recent infill drilling results further demonstrate the consistency and robustness of the Mineralized Zone at the Cisco Lithium Project. Since commencing our infill drill program, we have tightened our drill spacing to an average of 125 metres as we prepare our initial inferred Mineral Resource Estimate. To date, we have completed a total of 27,295 metres over 67 holes and continue to see encouraging results,” said Neil McCallum, Vice President of Exploration for Q2 Metals.

The analytical results reported herein represent 2,211.7 m of drilling over four (4) drill holes completed during the 2025 Drill Program. Pegmatite intervals and analytical results from the current program will be reported as they are received and reviewed.


Figure 1. Map of Recent Drill Holes with Analytical Results at Cisco Property