Western Hemisphere's Largest Hard-Rock Lithium Deposit
Q2 Metals launched the largest drilling plan for the Cisco Lithium Project to date in summer 2026, planning to complete approximately 20,000 meters of drilling. The lithium project currently holds inferred mineral resources of 295 million tonnes with a lithium oxide grade of 1.36%, making it the largest hard-rock lithium deposit in the Western Hemisphere. The core objective of this drilling is to upgrade existing inferred resources to measured resources through infill drilling of the main deposit and expand resource scale to verify exploration targets.
Ten-Thousand-Meter Drilling Upgrades Resource Volume
The company has completed CAD 70 million in financing to secure funding for the project, with a preliminary economic assessment report expected to be released in autumn 2026. The project is located within 41,253 hectares in Quebec, Canada. The deposit still has expansion space along strike direction and depth. Environmental baseline surveys have been launched, and new operating facilities are planned. The project is expected to occupy an important position in the global battery metal supply chain, but specific development progress requires further confirmation.