Q2 Metals Extends Known Mineralized Zone with 179.2 Metre Intercept of 1.24% Li₂O at the Cisco Lithium Project Highlights: CS25-065: Five (5) separate intervals, including: 179.2 m at 1.24% Li2O; and15.7 m at 1.48% Li2O. Drill hole CS25-065, located north of the known Mineralized Zone and west of the CO1 outcrop, extends the system to the north at shallow depths where mineralization was not expected. CS25-057: Six (6) separate intervals, including: 49.8 m at 1.41% Li2O; and35.8 m at 1.51% Li2O. To date, a total of 74 drill holes for 31,961 m have been completed at the Cisco Project with assays pending on the remaining holes drilled during the winter 2025 campaign.Drilling has now resumed at the Cisco Project, with a four-rig program primarily focused on continued infill drilling towards indicated resource definition for inclusion in an inaugural Preliminary Economic Assessment, targeted for late 2026. VANCOUVER, British Columbia, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Q2 Metals Corp. (TSX.V: QTWO | OTCQB: QUEXF | FSE: 458) (“Q2” or the “Company”) is pleased to report analytical results from the 2025 drill program (the “2025 Drill Program”) completed in December at the Company’s Cisco Lithium Project (the “Project” or the “Cisco Project”), located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay region of Quebec, Canada. "We are excited to be back at the Cisco Project after a successful 2025 program during which we completed sufficient drilling for an inaugural inferred Mineral Resource Estimate that we expect to deliver this first quarter, with timing subject to receipt of all remaining 2025 assays,” said Alicia Milne, Q2 Metals President and CEO. “The Exploration Target announced in July 2025 defined a potential range of tonnage and grade based on the first 40 holes on the Cisco Project and the next major milestone will be quantifying an official resource to benchmark the Cisco Project against global peers. We look forward to delivering on our stated goals in 2026 and continuing to add shareholder value.” “Drill hole 65 demonstrates the continued growth potential of the Cisco Project. This hole was designed to define the limits of the system but instead discovered that the trend extends beyond our expectations,” said Neil McCallum, Q2 Metals Vice President of Exploration. “With the team now back at the Cisco Project and four drill rigs operating, we are eager to continue our infill drill program while potentially expanding upon the Mineralized Zone’s known boundaries. Our primary focus this winter will be to upgrade the pending Inferred mineral resources to the indicated category as the Company works towards an inaugural Preliminary Economic Assessment for late 2026.” Photo 1. Cisco Project Winter Start-up Team During the first half of 2025, two drill rigs were utilized to test the main mineralized zone (“Mineralized Zone”) with large step outs between 200-400 metres (“m”) apart. The Company published an Exploration Target in July 2025 on the Mineralized Zone which estimated a range of potential lithium mineralization of 215 to 329 million tonnes at a grade ranging from 1.0 to 1.38% Li2O, based only on the first 40 holes drilled. An Exploration Target is used to provide a conceptual estimate of the potential quantity and grade of a mineral deposit, based on known and additional limited geological evidence. It is an early-stage assessment that will help to guide further exploration, but it is not a mineral resource or mineral reserve and should not be treated as such. The latter half of drilling in 2025 prioritized infill-scale drilling utilizing four drill rigs within the Mineralized Zone. The tightened drill spacing was designed to support the Company’s objective of delivering an initial inferred Mineral Resource Estimate (“MRE”) on the Cisco Project in the first quarter of 2026. To date, a total of 74 drill holes for 31,961 m have been completed at the Cisco Project. The analytical results reported herein represent 5,482.9 m of drilling over 16 drill holes completed during the 2025 Drill Program. Pegmatite intervals and analytical results are reported as they are received and reviewed. Figure 1. Map of Recent Drill Holes with Analytical Results at Cisco Project Figure 2. Cross-Section A Table 1. Summary of Analytical Results of Drill Holes at Cisco Project 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 3 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 Results Discussion Noteworthy analytical results reported herein are as follows: Drill hole-65 extended the boundary of the known M