Highlights:

• Assay results from four (4) drill holes from the 2025 Winter Program at the Cisco Lithium Project with strong analytical results are reported herein, including:
  • CS25-027: Three major intervals:
    • 179.6 m at 1.66% Li₂O;
    • 58 m at 1.75% Li₂O; and
    • 91.8 m at 1.81% Li₂O.
  • CS25-024A: Widest interval of 39.5 m at 1.16% Li₂O.
  • CS25-025: Widest interval of 29.0 m at 1.10% Li₂O.
  • CS25-026: Widest interval of 23.9 m at 1.46% Li₂O.

• Assays for the 10 remaining drill holes from the winter program are pending.

Q2 Metals Corp. (TSX-V: QTWO) (OTCQB: QUEXF) (FSE: 458) is pleased to report initial assay results from the Winter 2025 drill program at the Company’s Cisco Lithium Project, located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay region of Quebec, Canada.

A total of 6,980 metres was drilled over 14 drill holes during the 2025 Winter Program at the Cisco Project, with the analytical results reported herein representing 2,381 m of drilling over the first four (4) holes.

Hole CS25-027 (“Hole 27”) was a large step out designed to test the continuity of the main mineralized zone to the south and was collared 430 m south of previously drilled hole CS24-023 (“Hole 23”), which contained a wide interval of 188.6 m of continuous spodumene pegmatite at 1.56% Li₂O (as announced December 9, 2024). The intervals of Hole 27 are located 200 m to the south of the intervals of Hole 23, thus successfully confirming and extending the continuity of the wide mineralized zone to the south to approximately one-kilometre in length. Collectively, the three intervals in Hole 27 add up to being the best hole of the Cisco Project in terms of grade multiplied by width.

Complete highlighted intervals from drill holes CS25-024A to CS25-027 are summarized in Table 1 and represented in Figures 1 and 2.

Figure 1. Map of Recent Drill Holes with Analytical Results at Cisco Property

“We are extremely pleased with the exploration progress made during our 2025 Winter Program,” said Alicia Milne, Q2 Metals CEO and President. “Our team designed large step outs from the main mineralized discovery zone to test additional outcrops, and the confirmation that the mineralization continues over one kilometre to the south further cements Cisco’s position as a discovery with world class potential. The 2025 summer exploration program is underway, with crews at site conducting field exploration activities. A fully funded drill campaign is expected to start in late June, with more details to follow.”

“The robust grades of all three main intervals in Hole 27 highlights the overall trend that we are seeing at Cisco, which is consistent higher grades combined with wide intervals, such as in holes 10, 18, 21, 23 and now in Hole 27,” said Neil McCallum, Q2 Metals Vice President of Exploration. “With potential new target areas to be revealed as our team embarks on mapping and sampling work on unexplored areas within Q2’s 41,000 hectare claims package, we are excited to be back at Cisco to commence our summer program.”

As demonstrated by Figure 2, the mineralization is open to the southeast. Additional drill testing will be conducted during the summer program to determine whether the roughly one-kilometre strike length of the main-wide mineralized zone is open to the south.

Figure 2. Cross Section C

Table 1. Summary of Analytical Results of Drill Holes CS25-024A and CS25-027 at Cisco Property

All intervals of greater than 2 m of core-length and greater than 0.30% Li₂O are included in Table 1. Internal dilution of non-pegmatite material was limited to intervals of less than 5 m. No specific grade cap or lower cut-offs were used during grade and width calculations. All intervals are reported as core widths and mineralized intervals in all the holes drilled thus far are not representative of the true width as the modelled pegmatite zones are being refined with every additional hole.

Drill Hole Collar Information

The summary of drill holes CS-25-024 to CS-25-027, including basic location and dip/azimuth, is detailed below (Table 2).

Table 2. Summary of Drill Hole Collar Information, Cisco Project (CS25-024-027)

Analytic results for drill holes CS25-028 to CS25-037 are pending.

Qualified Person

Neil McCallum, B.Sc., P.Geol, a registered permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by NI 43-101 (“QP”) has reviewed and approved the technical information in this news release. Mr. McCallum is a director and the Vice President Exploration for Q2.

Sampling, Analytical Methods and QA/QC Protocols

All drilling was conducted using diamond drill rig with NQ sized core and all drill core samples are shipped to SGS Canada’s preparation facility in Val D’Or, Quebec, for standard sample preparation (code PRP92) which includes drying at 105°C, crushing to 90% passing 2 mm, riffle split 500 g, and pulverize 85% passing 75 microns. The pulps are then shipped by air to SGS Canada’s laboratory in Burnaby, BC, where the samples are homogenized and subsequently analyzed for multi-element (including Li and Ta) using sodium peroxide fusion with ICP-AES/MS finish (code GE_ICM91A50). The reported Li grade will be multiplied by the standard conversion factor of 2.153 which results in an equivalent Li₂O grade. Drill core was saw-cut with half-core sent for geochemical analysis and half-core remaining in the box for reference. The same side of the core was sampled to maintain representativeness.

A Quality Assurance / Quality Control protocol following industry best practices was incorporated into the sampling program. Measures include the systematic insertion of quartz blanks and certified reference materials into sample batches at a rate of approximately 5% each. Additionally, analysis of pulp-split and reject-split duplicates was completed to assess analytical precision. The QP has verified the QA/QC results of the analytical work.

About Q2 Metals Corp.

Q2 Metals is a Canadian mineral exploration company focused on the Cisco Lithium Project located within the greater Nemaska traditional territory of the Eeyou Istchee, James Bay, Quebec, Canada.

The Cisco Project is comprised of 801 claims, totaling 41,253 hectares. The main mineralized zone is just 6.5 kilometres from the Billy Diamond Highway which transects the Project. The Town of Matagami, and rail head of the Canadian National Railway, is approximately 150 km to the south.

The Cisco Project has district-scale potential with an already identified mineralized zone and drill results that include:

• 120.3 metres at 1.72% Li₂O (hole CS-24-010);
• 215.6 metres at 1.69% Li₂O (hole CS-24-018);
• 347.1 metres at 1.35% Li₂O (hole CS-24-021);
• 188.6 metres at 1.56% Li₂O (hole CS-24-023); and
• 179.6 metres at 1.66% Li₂O (hole CS-25-027) with an additional 58.0 m at 1.75% Li₂O; and 91.8 m at 1.81% Li₂O.

The Cisco Project is situated along the Frotet Evans Greenstone Belt, comprised of a volcanic package dominated by mafic to felsic metavolcanic rocks, of the southern James Bay Lithium District.