- Junior lithium stock Q2 Metals (TSXV:QTWO) has released value-accretive assays from its winter 2024 drill program on its 8,668-hectare Mia property in Quebec
- Highlights up to 9.1 metres of 1.79 per cent Li2O achieved mineral continuity with 2023 drilling, with summer 2024 exploration focused on numerous high-priority targets
- Q2 Metals is a Canadian junior lithium explorer active in Quebec
- Q2 Metals stock has given back 48.44 per cent year-over-year, but has gained 65 per cent since 2019
Junior lithium stock Q2 Metals (TSXV:QTWO) has released value-accretive assays from its winter 2024 drill program on its 8,668-hectare Mia property in Quebec.
The 20 hole, 3,085-m program targeted the western portion of the over 10-kilometre-long Mia lithium exploration trend and successfully confirmed mineralized continuity with discoveries during fall 2023 at the Mia 1, 2 and 3 zones. High-grade highlights include:
- 13.7 metres at 1.28 per cent Li2O, including 9.1 m of 1.79 per cent Li2O (MIA24-033)
- 8.8 m at 1.33 per cent Li2O, including 5.8 m of 1.71 per cent Li2O (MIA24-039)
Of particular interest is a continuous mineralized pegmatite zone confirmed by both drill programs, which varies in thickness from 8 to 20 m and extends roughly 600 m east-west and roughly 375 m north-south, while remaining open to the west, east and north.
The Mia trend contains significantly wide pegmatite intrusions, 11 of which are mineralized with spodumene at surface and feature lithium-cesium-tantalum-style geochemistry, both positive indicators for the discovery of new mineralized zones.
Combined with drilling in fall 2023, Q2 Metals has drilled 8,685 m over 50 drill holes along the Mia trend to date, with all assays now reported. The company will continue 2024 exploration this summer with a two-week ground mapping and sampling campaign focused on the Mia, Bruce and Lady trends, supported by numerous high-priority targets identified through LiDAR and high-resolution aerial imagery in 2023.
Leadership insights
“Our modest winter drill program continued to successfully confirm the continuity of the mineralization encountered during our fall drill program at the Mia 1, 2 and 3 zones,” Neil McCallum, Q2 Metals’ vice president of exploration, said in a statement. “These results have provided us with information about what is happening across the broader Mia trend and will be used to vector towards areas where we will test for thickening and higher-grade mineralization.”
About Q2 Metals
Q2 is a Canadian junior lithium explorer active in Quebec. A few hundred kilometres south of its flagship Mia project, the company plans to explore its newest acquisition, the 11,374-ha Cisco lithium property, which features a 1.2 km x 1.5 km mineralized zone sampling over 1 per cent Li2O, with follow-up drilling highlighted by 115.4 m at 1.21 per cent Li2O.
Q2 Metals stock (TSXV:QTWO) last traded at C$0.33 per share. The stock has given back 48.44 per cent year-over-year, but has gained 65 per cent since 2019.
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