Advancing the Continent's Largest Hard-Rock Lithium Deposit¹

¹ Based on scale x grade

Access detailed project information, drill results, and exploration strategy.

By submitting this form, you consent to receive investor updates, news releases, and corporate communications from Q2 Metals. You may unsubscribe at any time. Q2 Metals is committed to protecting your privacy and will not share your information with third parties. View our Privacy Policy.

The Cisco Lithium Project

A rapidly expanding district-scale lithium deposit in Quebec’s James Bay region.

The largest hard-rock lithium deposit in the western hemisphere and fourth largest in the world by scale x grade.¹

Fast Facts:

Location: James Bay, Quebec. Nemaska traditional territory of the Eeyou Istchee
Infrastructure: All-season Billy Diamond Highway transects the project; 150 km from CN Rail in Matagami, connecting to Bécancour and St. Lawrence Seaway port facilities
Scale: 801 claims covering 41,253 hectares along the Frotet-Evans Greenstone Belt
Geology: Single continuous spodumene pegmatite, starting at surface, open in all directions
Resource: 295 Mt at 1.36% Li₂O (Inferred, April 2026)
Program: Four-rig drill program underway; PEA targeted for early 2027

Why The Cisco Project Matters

The Cisco Project hosts an inferred Mineral Resource of 295 million tonnes grading 1.36% Li₂O, positioning it as the largest hard-rock lithium deposit in the western hemisphere and fourth largest in the world.¹

Deposits of this scale, in stable jurisdictions with established infrastructure, are exceptionally rare as fewer than five exist globally.

The Western Hemisphere's Largest Hard-Rock Lithium Deposit¹

Direct Access to North American & European Markets

District-Scale Upside

Active Program, Clear Path Forward

Download Corporate Presentation

For a comprehensive overview of the Cisco Lithium Project, exploration results, location and infrastructure advantages, download our latest Corporate Presentation.

Download Corporate Presentation

Scale Potential

The Cisco Project covers 801 contiguous mineral claims across 41,253 hectares along the lithium-rich Frotet-Evans Greenstone Belt.

The current MRE defines 295 million tonnes within a portion of the broader project footprint. An Exploration Target of a further 44 to 67 million tonnes has been defined immediately adjacent to the resource, and significant ground beyond that remains open for discovery.

Download Investor Deck

Why Lithium? Why Now?

The global energy transition is creating structural, long-term demand for lithium at a scale the market has not yet seen.

Key drivers:

EV batteries account for approximately 85% of global lithium demand today, with the global EV fleet projected to reach 350 million vehicles by 2030 (IEA)
Energy storage systems have emerged as a major second demand driver, with deployments expected to surge through 2026 and beyond
To meet projected demand, the world will need an estimated 52 new lithium mines by 2030 (Benchmark Mineral Intelligence)
Following a 2023–2025 oversupply period, production cuts by high-cost suppliers have rebalanced inventories with some major banks projecting a supply deficit in 2026
China controls a significant share of global lithium refining capacity. Western governments are actively incentivising domestic and friendly-nation supply. Hard-rock projects in stable jurisdictions like Quebec are increasingly strategic

Industry-Leading Drill Intervals

Drilling at Cisco has consistently yielded strong lithium grades over extremely wide intervals across the main deposit area.

Drill hole CS-25-044, which intercepted 457.4 metres of continuous spodumene pegmatite grading 1.65% Li₂O, is the best lithium intercept ever drilled from a hard-rock lithium project globally, according to Canaccord Genuity².

Mineralization starts at surface, extends to an average depth of 400 metres, and remains open in all directions.

Review the complete drill results along with all associated project data for a complete analysis.

Download Investor Deck

Drill Hole 44

457 m at 1.65%

The longest continuous hard-rock lithium intercept ever reported globally, according to Canaccord Genuity.² Confirms exceptional width and continuity of the main pegmatite body.

Drill Hole 21

347 m at 1.35%

One of the earliest holes to define the scale of the Project’s Mineralized Zone. Demonstrates consistent grade over significant width across the central portion of the deposit.

Drill Hole 36

272 m at 1.61%

Step-out drilling confirming strong grade continuity beyond the initial mineralized envelope. The deposit remains open in the direction of this hole.

Location & Infrastructure Advantage

The Cisco Project benefits from infrastructure access that is rare for a deposit of its scale.

The paved, all-season Billy Diamond Highway transects the Cisco Project, with the main deposit area approximately 10 kilometres to the east.

Q2 Metals is currently permitting a new direct access road from the highway to the deposit, along with a new camp facility. Year-round paved road access to a lithium deposit of this scale is a significant and relatively rare logistical advantage.

The Billy Diamond Highway connects directly to the town of Matagami, 150 kilometres to the south, which serves as the regional railhead for the Canadian National Railway.

The CN line connects to Bécancour, Quebec’s emerging battery processing hub approximately 215 km from the US border, and to the Port of Saguenay, providing access to international shipping via the St. Lawrence Seaway.

Quebec is positioning itself as North America’s battery supply chain hub. The Bécancour industrial park has attracted major investment from General Motors, POSCO, and EcoPro, among others.

The Quebec government has committed $6 million toward transshipment infrastructure upgrades in Matagami, directly benefiting the James Bay corridor. Cisco sits at the centre of this emerging supply chain geography.

Download Investor Deck

Download the Investor Presentation

Access detailed project information, drill results, and exploration strategy.

Qualified Person Disclosure
The technical information on this website has been prepared in accordance with the regulatory requirements set out in National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) and has been reviewed and approved by Neil McCallum, B.Sc., P.Geol., Vice President Exploration and Director of Q2 Metals Corp. Mr. McCallum is a Qualified Person as defined by NI 43-101, a registered permit holder with the Ordre des Géologues du Québec, and a member in good standing with the Professional Geoscientists of Ontario.

MRE Disclaimer
Mineral Resources were prepared in accordance with National Instrument 43-101 – Standards for Disclosure of Mineral Projects (“NI 43-101”) and the CIM Definition Standards (2014). Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Mineral resource estimates may be materially affected by geology, environmental, permitting, legal, title, socio-political, marketing or other relevant issues. The independent Qualified Person (QP) as defined by NI 43-101 for this estimate is Todd McCracken, P.Geo., Director – Mining & Geology – Central Canada, BBA. The Effective Date of the estimate is April 20, 2026. Both underground and open-pit conceptual mining shapes were applied as constraints to demonstrate reasonable prospects for eventual economic extraction. Cut-off grades for open-pit constrained resources are 0.40% Li₂O, and for underground constrained resources are 0.70% Li₂O. Open-pit and underground Mineral Resource constraints are based on a spodumene concentrate price of US$1,500/tonne (6% basis FOB Bécancour) and an exchange rate of 0.70 USD/CAD.

Exploration Target Disclaimer
The potential quantity and grade of the Exploration Target are conceptual in nature. There has been insufficient exploration to estimate and define a Mineral Resource, as defined by NI 43-101, and it is uncertain if further exploration will result in the target being delineated as a Mineral Resource.

Ranking Footnotes
¹ Canaccord Genuity Capital Markets Research Report – April 21, 2026.
² Canaccord Genuity Capital Markets Australian Equity Research – 3 December 2025.

Readers are cautioned that this website includes references to analyses prepared by third parties, which are subject to important qualifications, assumptions, and exclusions. To fully understand such analyses, the applicable third-party reports should be read in their entirety.

Forward-Looking Statements
This website contains forward-looking statements within the meaning of applicable Canadian securities legislation. These “forward-looking information” are based on the expectations, estimates and projections of the Company as at the date of this website and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forward-looking information. Any statement that involves predictions, expectations, interpretations, beliefs, plans projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as “expects”, or “does not expect”, “is expected”, “interpreted”, management’s view”, “anticipates” or “does not anticipate”, “expects”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “potential”, “feasibility”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those anticipated. Forward-looking statements include, but are not limited to, statements regarding the the ability for the Company to unlock the full potential of its assets and achieve success; the ability for the Company to create value for its shareholders; the demand and supply of lithium; the ability of the Cisco Project being one of the largest lithium deposits globally;; the results and assumptions underlying the mineral resource estimates on the Cisco Project; the results (if any) of further exploration work to define and expand mineral resources; the ability of exploration work (including drilling) to accurately predict mineralization; the ability to generate additional drill targets; the ability of management to understand the geology and potential of the Company’s properties; the ability of the Company to expand mineral resources beyond current mineral resource estimates; category conversion; the timing and status of permitting; the expectation that the Company’s projects will be a robust operation and profitable at a variety of prices and assumptions; the potential impact of the Company’s projects in local communities and the social acceptability of the projects; sustainability and environmental impacts of operations at the Company’s properties; the ability of the Company to complete its exploration and development objectives for its projects in the timing contemplated and within expected costs (if at all), including the timing and ability of the Company; future mining activities; the Company’s exploration plans, expected exploration results, and the anticipated timing of the Preliminary Economic Assessment. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, risks relating to the ability of exploration activities (including capital and operating costs varying significantly from estimates; the preliminary nature of metallurgical test results; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; the Company’s history of losses and negative cash flow; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; the global economic climate; fluctuations in commodity prices; the ability of the Company to complete further exploration activities, including drilling; delays in the development of projects; environmental risks; community and non-governmental actions; other risks involved in the mineral exploration and development industry; the ability of the Company to retain its key management employees and skilled and experienced personnel; and those risks set out in the Company’s public documents filed on SEDAR+ at www.sedarplus.ca. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this website are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this website, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company does not undertake any obligation to update forward-looking information, except as required by applicable law.

Contact info

Follow Us

Advancing the Continent's Largest Hard-Rock Lithium Deposit¹

Access detailed project information, drill results, and exploration strategy.

The Cisco Lithium Project

A rapidly expanding district-scale lithium deposit in Quebec’s James Bay region.

The largest hard-rock lithium deposit in the western hemisphere and fourth largest in the world by scale x grade.¹

Fast Facts:

Why The Cisco Project Matters

The Cisco Project hosts an inferred Mineral Resource of 295 million tonnes grading 1.36% Li₂O, positioning it as the largest hard-rock lithium deposit in the western hemisphere and fourth largest in the world.¹

The Western Hemisphere's Largest Hard-Rock Lithium Deposit¹

Direct Access to North American & European Markets

District-Scale Upside

Active Program, Clear Path Forward

Download Corporate Presentation

Scale Potential

The Cisco Project covers 801 contiguous mineral claims across 41,253 hectares along the lithium-rich Frotet-Evans Greenstone Belt.

Why Lithium? Why Now?

The global energy transition is creating structural, long-term demand for lithium at a scale the market has not yet seen.

Key drivers:

Industry-Leading Drill Intervals

Drill Hole 44

457 m at 1.65%

Drill Hole 21

347 m at 1.35%

Drill Hole 36

272 m at 1.61%

Location & Infrastructure Advantage

The Cisco Project benefits from infrastructure access that is rare for a deposit of its scale.

Download the Investor Presentation

Access detailed project information, drill results, and exploration strategy.

Access detailed project information, drill results, and exploration strategy.

Quick links

Investors

Contact info

Follow Us

Advancing the Continent's Largest Hard-Rock Lithium Deposit¹

Access detailed project information, drill results, and exploration strategy.

The Cisco Lithium Project

A rapidly expanding district-scale lithium deposit in Quebec’s James Bay region.

The largest hard-rock lithium deposit in the western hemisphere and fourth largest in the world by scale x grade.¹

Fast Facts:

Why The Cisco Project Matters

The Cisco Project hosts an inferred Mineral Resource of 295 million tonnes grading 1.36% Li₂O, positioning it as the largest hard-rock lithium deposit in the western hemisphere and fourth largest in the world.¹

The Western Hemisphere's Largest Hard-Rock Lithium Deposit¹

Direct Access to North American & European Markets

District-Scale Upside

Active Program, Clear Path Forward

Download Corporate Presentation

Scale Potential

The Cisco Project covers 801 contiguous mineral claims across 41,253 hectares along the lithium-rich Frotet-Evans Greenstone Belt.

Why Lithium? Why Now?

The global energy transition is creating structural, long-term demand for lithium at a scale the market has not yet seen.

Key drivers:

Industry-Leading Drill Intervals

Drill Hole 44

457 m at 1.65%

Drill Hole 21

347 m at 1.35%

Drill Hole 36

272 m at 1.61%

Location & Infrastructure Advantage

The Cisco Project benefits from infrastructure access that is rare for a deposit of its scale.

01 Highway Access

02 Rail & Port Connectivity

03 Quebec's Battery Supply Chain

Download the Investor Presentation

Access detailed project information, drill results, and exploration strategy.

Access detailed project information, drill results, and exploration strategy.