Q2 Metals Corp. announced analytical results from the ongoing 2024 mapping and sampling field program at the Cisco Lithium Property (the "Property" or the "Cisco Property"). The Cisco Property is located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay region of Quebec, Canada, proximal to the Billy Diamond Highway and 150 kilometres ("km") north of the town of Matagami and railway.

Initial field work including mapping and rock sampling was undertaken by the Company to provide guidance on the extent of the lithium mineralization at the Cisco Property. Field crews began the program at the CO1 Zone where the vendors of the Cisco Property initially sampled and drilled in 2022/2023 and have since expanded throughout the Property. To date, a total of 76 pegmatite samples collected and assayed have resulted in the confirmation of eight (8) new spodumene discoveries for a total of 15 spodumene pegmatite zones on the Cisco Property thus far.

The sampling and mapping of the Cisco Property has resulted in a wide-spread group of mineralized outcrops; CO1 to CO15. The size of individual outcrops varies, from 1-2 metres ("m") wide, up to 20 m wide. In most cases, the contacts with the bounding host-rock are not visible, being beneath till/vegetation cover.

Additional work will be needed to fully understand their true surface expression and drilling is planned to test the subsurface extent of mineralization. Drill holes CS24-011 to CS24- 014 confirmed the continuation of mineralization between outcrop zones CO1 to CO3, and the Company is confident in continuing its drill program to the south of CO3. Surface mineralization at CO3 is characterized by 4 samples averaging 1.73% Li2O and 224ppm Ta2O5.

South of CO3, lies the outcrop area CO8 characterized by 4 samples averaging 1.89% Li2O and 93ppm Ta2O5. Analytical results of the sampling field work has outlined a potential new area of interest located southwest of CO15, with up to 0.15% Li2O and 177ppm Ta2O5 in outcrop as well as a boulder sample located north of the CO2 reporting 0.73% Li2O. Further work will be conducted in these areas in the coming weeks to understand their significance.

This brings the size of the Company's priority area of interest to 1.1 by 3.5 km. Many of the sampled outcrops contain anomalous geochemistry (Ta2O5 > 100ppm, Rb > 1,000ppm, Cs > 100ppm) in the absence of significant lithium and will also be a focus for follow up in the coming weeks.