11:52 AM EDT, 09/11/2025 (MT Newswires) -- Q2 Metals ( QUEXF ) late Wednesday clarified a technical disclosure on an inaugural exploration target on the Cisco lithium project in Quebec.

The company said the exploration target is a conceptual estimate of the potential quantity and grade of the mineralized zone at Cisco. It is an early-stage assessment to guide further exploration and not a mineral resource or mineral reserve, and should not be treated as such.

There has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the exploration target being delineated as a mineral resource.

The exploration target on the Cisco project estimates a range of potential mineralization and grade from 215 million to 329 million tonnes at a grade ranging from 1% to 1.38% lithium oxide.

The company restated the disclosure at the request of the BC Securities Commission. Q2 said its drill campaign is being designed to define and prepare an inferred mineral resource estimate at the Cisco project.

Q2's share price at last look gained 3.3% to $0.79 on the TSXV in early Thursday trading.

Price: 0.79, Change: +0.03, Percent Change: +3.29