Very few investors care about lithium these days, and that’s why excellent drill results like Q2 Metals (QTWO.V) are not fully appreciated by the market.
At the end of last month, Q2 reported the assay results rom three holes on its Cisco lithium property in Quebec’s James Bay region. All three holes intersected lithium mineralization with one of the holes returning a mouthwatering 347 meters of 1.35% Li2O (including no less than seven higher grade sub-intervals of which one returned 30 meters at 1.76% Li2O). The other two holes also intersected thick zones of lithium mineralization with almost 72 meters of 1.01% Li2O and 57 meters of 1.06% Li2O. Both holes also included narrower but higher grade intervals with grades of up to 1.77% and 1.80% Li2O respectively.
We expect Q2 Metals to design an aggressive drill program for 2025 to get a better understanding of the potential size of the Cisco lithium zones and to move towards a maiden resource calculation on the project.
Disclosure: The author has no position in Q2 Metals. Please read the disclaimer.
