Highlights:

• Confirmed presence of wide spodumene-mineralized pegmatites equkethe high grade intervals at the Mia and Carte zones:

• I-Mia Zone – 17.8 m at 1.51% Li₂O, kuhlanganise 12.2 m of 2.16% Li₂O (MIA23-004)

• Indawo yeCarte – 7.3 m at 0.94% Li₂O, kuhlanganise 4.4 m of 1.40% Li₂O (MIA23-007)

• Continuity of mineralization at the Mia 1 & 2 zones.

• Core assay results remain to be reported for the 20 drill holes from the Company’s approximately 3,085 m Winter 2024 Drill Program.

Vancouver, British Columbia–(ACN Newswire – April 25, 2024) – I-Q2 Metals Corp. (TSXV: QTWO) (OTCQB: QUEXF) (FSE: 458) ("Q2"Noma"Company“) is pleased to announce core assay results of the inaugural drill program completed in fall of 2023 at the Company’s wholly owned, 8,668 hectare (“ha”) Mia Lithium Property (the “Property“) located in the Eeyou Istchee James Bay Territory of Quebec. The targeted drill area for the inaugural program was the approximately 10-kilometre-long Mia Lithium Exploration Trend (the “I-Mia Trend“) which is located 22 kilometres (“km”) from the Billy Diamond Highway, proximal to major hydro-powerline and all-season road infrastructure.

Neil McCallum, VP Exploration, stated: “Core assay results received to date indicate our 2023 drill program was successful in confirming spodumene mineralization in the pegmatites at the Mia Property. Using innovative targeting methods, our 2023 drill program on the Mia Trend has revealed that pegmatites are in some cases complex and variably mineralized at depth and in other cases, such as at Mia-1/2 and Carte, the pegmatite bodies have a simple geometry and consistent mineralization. We are very encouraged with these first drill results and believe we have only just begun to unlock the potential of the Mia Property.”

The Mia Trend comprises an approximately 10-km-long series of sub-parallel pegmatite intrusions, of which there are 11 demonstrated spodumene mineralized zones. The individual pegmatite bodies vary in thickness, between a few metres (“m”) and over 20 m in some cases.

The primary objective of the drill program was to drill test along the Mia Trend, with a total of 31 drill holes completed for approximately 5,601 m. One drill rig was used to test the main Mia 1, 2 & 3 izindawo (the “Mia Zone”) (17 holes) while the other rig tested the Indawo yeCarte (izimbobo eziyisishiyagalombili) nokukhulu I-Mia Trend (izimbobo eziyisithupha ezindaweni Mia 7,8 & 9). I I-Mia Zone represents the most significant finding of the inaugural program, as outlined below. The wide spacing of the drill holes on the greater I-Mia Trend of between 500 m and 2.8 kms represents several opportunities for additional discoveries that are similar to the well-mineralized pegmatite at the Mia Zone.

Drill results at the I-Mia Zone confirmed spodumene mineralization within a continuous pegmatite zone that dips gently to the north. Thickness of the mineralized zone varies from 8 and 20 m, and extends roughly 600 m east-west and roughly 375 m north-south. The pegmatite body appears to be open to the west, east and north.

Figure 1. Mia Zone, fall 2023 drilling results

Ukuze ubuke inguqulo ethuthukisiwe yalo mfanekiso, sicela uvakashele:
https://images.newsfilecorp.com/files/1454/206794_0ac7bbd754981945_004full.jpg

Figure 2. Mia Zone 1, simplified cross-section with fall 2023 results

Ukuze ubuke inguqulo ethuthukisiwe yalo mfanekiso, sicela uvakashele:
https://images.newsfilecorp.com/files/1454/206794_0ac7bbd754981945_005full.jpg

Drill results at the Indawo yeCarte have confirmed spodumene mineralization with a pegmatite zone that appears at surface and dips gently to the northwest. Thickness of the mineralized zone varies from 5.8 and 7.3 m, and extends roughly 170 m in a northeast-southwest strike direction and has been intersected to a depth of roughly 65 m.

Figure 3. Carte Zone, fall 2023 drilling results

Ukuze ubuke inguqulo ethuthukisiwe yalo mfanekiso, sicela uvakashele:
https://images.newsfilecorp.com/files/1454/206794_0ac7bbd754981945_006full.jpg

Figure 4. Mia Zones 5, 6, 7. Drill hole locations

Ukuze ubuke inguqulo ethuthukisiwe yalo mfanekiso, sicela uvakashele:
https://images.newsfilecorp.com/files/1454/206794_0ac7bbd754981945_007full.jpg

Table 1 summarizes the highlights from the fall 2023 drilling program. Drill results for the remaining 20 holes and approximately 3,085 m completed in January and February 2024 will be reported once received.

Table 1. Summary of Fall 2023 drilling

Ukuze ubuke inguqulo ethuthukisiwe yalo mfanekiso, sicela uvakashele:
https://images.newsfilecorp.com/files/1454/206794_0ac7bbd754981945_008full.jpg

Analytical Methods and QA/QC Protocols

All drill core samples were shipped to SGS Canada’s preparation facility in Val D’Or, Quebec, for standard sample preparation (code PRP89) which includes drying at 105°C, crush to 75% passing 2 mm, riffle split 250 g, and pulverize 85% passing 75 microns. The pulps were shipped by air to SGS Canada’s laboratory in Burnaby, BC, where the samples were homogenized and subsequently analyzed for multi-element (including Li and Ta) using sodium peroxide fusion with ICP-AES/MS finish (code GE_ICM91A50).

A Quality Assurance / Quality Control protocol following industry best practices was incorporated into the sampling program. The review process indicated numerous inconsistencies and thus a re-evaluation of the affected results was conducted. Upon final acceptance by the QP, the results have been promptly reported herein.

Umuntu Ofanelekayo

U-Neil McCallum, B.Sc., P.Geol, ungumnikazi wemvume obhalisiwe ne-Ordre des Géologues du Québec kanye Nomuntu Ofanelekayo njengoba kuchazwe I-National Instrument 43-101 - Amazinga Okuveza Ulwazi Lwemiklamo Yezimbiwa, futhi usebuyekeze ulwazi lobuchwepheshe lokhu kukhishwa kwezindaba. UMnu. McCallum ungumqondisi kanye ne-VP Exploration ye-Q2.

Imininingwane mayelana nenkampani Q2 Metals Corp

Q2 Metals Corp. is a Canadian mineral exploration company focused on unlocking its portfolio of lithium projects in the Eeyou Istchee James Bay region of Quebec, Canada that includes its 100% owned Mia Lithium Property and its recently acquired Cisco Lithum Property.

The Company’s exploration advancement at its 8,668-ha flagship Mia Lithium Property is focused on the more than 10-kilometre-long Mia Trend which is host to both the Mia 1 and Mia 2 lithium occurrences and 11 other mineralized zones along trend.

The Cisco Lithium Property is located approximately 150 km north of Matagami, Quebec and comprised of 222 mineral claims and is 11,374-ha in size. The property has district scale potential with an already identified mineralized zone and a discovery drill result of 115.4 m of 1.21% Li2O (hole CS-23-05), cumulatively in five separate pegmatites.

Ngeminye imininingwane, SICELA UXHUMANE NAYE:

U-Alicia Milne 
UMongameli ne-CEO 
[i-imeyili ivikelwe] 

Jason McBride
Ezokuxhumana Kwenhlangano
[i-imeyili ivikelwe]

Ucingo: 1 (800) 482-7560
E-mail: [i-imeyili ivikelwe]

www.Q2Metals.com

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Izitatimende ezibheke phambili

Lokhu kukhishwa kwezindaba kuqukethe izitatimende ezibheke phambili kanye nolwazi olubheke phambili (sekukonke, “izitatimende ezibheke phambili”) ngaphakathi kwencazelo yomthetho osebenzayo wase-Canada. Izitatimende zokubheka phambili zivame ukukhonjwa ngamagama afana nalawa: "ukholelwa", "ulindele", "ulindele", "uhlose", "izilinganiso", "amacebo", "kungenzeka", "kufanele", "uzokwenza", "uzokwenza". ”, “okungenzeka”, “okuhleliwe” noma ukwehluka kwamagama anjalo nemishwana nezinkulumo ezifanayo, lokho, ngokwemvelo yazo, ezibhekisela ezehlakalweni zesikhathi esizayo noma imiphumela engase, engenzeka, engenzeka noma ezokwenzeka noma ethathwe noma ezuzwe. Ngakho-ke, zonke izitatimende ezikulolu shicilelo lwezindaba ezingezona ezomlando kuphela ziyizitatimende ezibheke phambili futhi zihlanganisa izitatimende eziphathelene nezinkolelo, izinhlelo, okulindelekile kanye neziqondiso mayelana nekusasa, okuhlanganisa, ngaphandle komkhawulo, noma yiziphi izitatimende noma izinhlelo eziphathelene namathemba omhlaba wezakhiwo zeNkampani kanye imizamo yokuhlola yesikhathi esizayo yeNkampani. Nakuba Inkampani ikholelwa ukuthi okulindelekile okuvezwe ezitatimendeni ezinjalo zokubheka phambili kusekelwe ekuqageleni okunengqondo, lezo zitatimende azisona isiqinisekiso sokusebenza kwesikhathi esizayo futhi imiphumela yangempela noma intuthuko ingase ihluke kakhulu kulezo ezisezitatimende ezibheke phambili. Izitatimende zokubheka phambili zisekelwe ezintweni eziningi ezibonakalayo kanye nokuqagela.

Forward-Looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date specified in such statement. Forward-Looking statements in this news release include, but are not limited to, the belief that the Company has only just begun to unlock the potential of the Mia Property, the indication that wide spacing of drill holes on the greater Mia Trend representing opportunities for additional discoveries that are similar to the well-mineralized pegmatite at the Mia Zone, the focus of the Company’s current and future exploration and drill programs, the scale, scope and location of future exploration and drilling activities, the Company’s expectations in connection with the projects and exploration programs being met, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters as plans continue to be refined, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled “Risk Factors” in the Company’s Management Discussion and Analysis for its recently completed fiscal period, which is available under Company’s SEDAR profile at www.sedarplus.ca.

Uma kwenzeka okukodwa noma ngaphezulu kwalezi zingozi noma ukungaqiniseki kwenzeke, noma uma ukuqagela okungaphansi kwezitatimende ezibheke phambili kubonakala kungalungile, imiphumela yangempela ingase yehluke kakhulu kuleyo echazwe lapha njengokuhlosiwe, okuhleliwe, okulindelekile, okukholiwe, okulinganiselwe noma okulindelekile. Nakuba iNkampani izamile ukuhlonza izingozi ezibalulekile, ukungaqiniseki kanye nezici ezingabangela imiphumela yangempela ukuthi ihluke ngokwezinto ezibonakalayo, kungase kube nezinye ezibangela ukuthi imiphumela ingabi ngendlela elindelwe, elinganiselwe noma ehlosiwe. Inkampani ayihlosile, futhi ayithathi noma yisiphi isibopho, ukubuyekeza lolu lwazi olubheke phambili ngaphandle uma kudingwa umthetho osebenzayo.

I-TSX Venture Exchange noma Umhlinzeki Wayo Wezinkonzo Zomthetho (njengoba lelo gama lichazwa kuzinqubomgomo ze-TSX Venture Exchange) abawamukeli umthwalo wemfanelo wokwanela noma ukunemba kwalokhu kukhishwa.

Ukuze ubuke inguqulo yomthombo yalokhu kukhululwa kwabezindaba, sicela uvakashele https://www.newsfilecorp.com/release/206794

Isihloko: Isifinyezo sokukhishwa kwabezindaba

Source: Inkampani Q2 Metals Corp
Imikhakha: Izinsimbi Nezimayini

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