-- Q2 Metals (QTWO.V) released an inaugural inferred mineral resource estimate for the Cisco lithium project in Quebec.
The inferred mineral resource estimate is 295 million tonnes at 1.36% lithium oxide.
The MRE defines a pit constrained 270 Mt at 1.36% Li2O inferred, at a cut-off grade of 0.4% Li2O, for a total of 9.1 Mt contained lithium carbonate equivalent. An additional underground constrained MRE of 24 Mt at 1.34% Li2O inferred has been defined as well, at a cut-off grade of 0.7% Li2O, for a total of 0.8 Mt contained LCE.
The geological model underpinning the MRE interprets a single continuous, principal spodumene pegmatite body ranging in true thickness from 2 meters to over 450 m, extending over a strike length of 1.8 kilometers.
An exploration target estimating 44 to 67 Mt of mineralized material with a grade range between 0.88% and 1.35% Li2O has been prepared for the geology environment beyond the current MRE.