Q2 Metals Corp. announced it has concluded its winter 2024 drill program (" Winter Drill Program") at its wholly owned, 8,668-ha Mia Lithium Property (the "Property") located in the Eeyou Istchee James Bay Territory of Quebec. The Winter Drill Program commenced on January 18th at the west end of the more than 10-kilometre-long Mia Lithium Exploration Trend (the "Mia Trend") which is located 22 km from the Billy Diamond Highway, proximal to major hydro-powerline and all-season road infrastructure.

A total of 20 drill holes were completed on the Mia Trend for approximately 3,085 Metres. The work completed at the Mia Zones 1-3 at the western end of more than 10-kilometRE-long Mia Trend consisted of 11 drill holes. There are drill holes that have intersected pegmatite without visual identification of spodumene however, analytical results will ultimately confirm the presence of lithium mineralization.

Fall 2023 Drill Program - Assay Update. A Quality Assurance /QC protocol that follows industry best practices was incorporated into each of the fall and winter drill programs. Due to QA/QC concerns with the analytical laboratory, the Company is awaiting receipt of assay results for the 31 drill holes completed during the fall 2023 drill program. Results will be reported as soon as they are available.

Future Field Work at Mia Lithium Property. The Company is planning to conduct a property-wide mapping and sampling program to expand upon the shortened 2-week ground mapping field program that was conducted in 2023.