Q2 Metals study puts Cisco lithium project's after-tax NPV at CAD 13.49 billion

• Q2 Metals released its first preliminary economic assessment for Québec’s Cisco lithium project, estimating after-tax net present value of C$ 13.49 billion.
• The study projects a 38.7% after-tax internal rate of return, with initial capital expenditure of C$ 2.93 billion.
• Average annual production would reach 1,700,000 tonnes of spodumene concentrate over a 28-year mine life.
• The valuation uses an 8% discount rate, assuming a long-term SC5.5 concentrate price of C$ 2,289 per tonne FOB Québec.
• All-in sustaining costs before royalties are estimated at C$ 454 per tonne, with after-tax payback three years from production startup.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Q2 Metals Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611100759PRIMZONEFULLFEED9874312) on November 10, 2026, and is solely responsible for the information contained therein.