Business
Q2 Metals Outlines 2023 Exploration Program and Acquires 3900 Hectare Stellar Lithium Property in James Bay, Quebec
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2023) - Q2 Metals Corp. (TSXV: QTWO) (OT...
About this update from Q2 Metals Corp
[{"type":"text","content":"Q2 Metals Outlines 2023 Exploration Program and Acquires 3900 Hectare Stellar Lithium Property in James Bay, QuebecVancouver, British Columbia--(Newsfile Corp. - March 2, 2023) - Q2 Metals Corp. (TSXV: QTWO) (OTCQB: QUEXF) (FSE: 458) (\"Q2\" or the \"Company\") is pleased to outline its exploration plans for 2023. Upon the successful closing of the $10.25M non-brokered private placement announced on February 23rd, the Company is fully funded for the 2023 field season and beyond. Exploration plans include:Q1: Continued historical data compilation and review of high-resolution satellite imagery at the Mia Lithium Property.Q1/Q2: Commencement of field program which will include geophysical surveys to guide a detailed mapping and sampling campaign at the Mia Lithium Property. Q3: Commencement of 10,000 m inaugural drilling campaign at the Mia Lithium Property, with rolling results expected throughout Q3 and into Q1 2024.2023 Field Exploration ProgramThe Company is continuing the compilation of historical data and reviewing high-resolution satellite imagery at the Mia Lithium Property. Q2 is planning to conduct orientation-style geophysical surveys, consisting of ground-IP/resistivity and ground gravity at the Mia Lithium Property as well as conduct a property-wide high-resolution airborne magnetic survey.The geophysics are intended to provide guidance on which of the many pegmatite bodies along the approximately 8 km long trend will potentially be the largest to target for follow-up work. Additionally, the geophysics may reveal targets that are covered by vegetation or overburden that may not otherwise be apparent from satellite imagery or ground mapping/sampling.The Company will commence a detailed mapping and sampling program as soon as weather and snow-cover permits. The detailed groundwork will provide guidance on the extent of lithium mineralization along the approximately 8 km long trend. Reconnaissance-scale sampling over the last two years has confirmed lithium mineralization at the eastern and western ends of the trend. No field work has been conducted to assess the potential of the mapped pegmatite intrusions that are visible by satellite imagery in-between. The spring work program will commence shortly after May 20th, to respect the local Cree Nation goose harvesting season of the Eeyou Istchee (James Bay territory) from ...