Questcorp Mining Inc. Completes 25% of Drill Program at La Union Project in Northwest Sonora, Mexico

Strategic Insights -

Questcorp Mining Inc. has announced the completion of 25% of its planned drilling program at its La Union Project in northwest Sonora, Mexico. The project is led by property vendor and operator Riverside Resources Inc., with Questcorp holding an option to acquire a 100% interest in the property. The drill program aims to test the carbonate-hosted replacement deposit (CRD) style of mineralization, with gold associated with mantos, chimneys, and along structural zones.

Key Takeaways:

  • Questcorp has completed 300 meters of the planned drill program of 1200 to 1500 meters, with the focus on testing CRD-style mineralization, structural features, and stratigraphic targets.
  • The exploration target at La Union is for a large potential gold discovery that expands from previous smaller-scale mine operations on the property.
  • The drill program will begin to test new concepts and expand past previous mining activities, with the aim of verifying the stratigraphy, lithologies, and structural features.
  • Questcorp has entered into a definitive option agreement with Riverside's wholly owned subsidiary, RRM Exploracion, S.A.P.I. DE C.V. to acquire a 100% interest in the La Union Project, with a larger C$5,500,000 work commitment contingent on exploration results and Questcorp's continued participation.
  • The initial drilling phase will focus on four areas: Union Main Mine Area, North Union Mine Area, Cobre Mine Area, and Central Union Area, targeting multiple structural and stratigraphic targets.

Statistics:

  • Questcorp has completed 300 meters of drilling out of a planned 1200 to 1500 meters.
  • The exploration target is for a large potential gold discovery.
  • Questcorp has a larger work commitment of C$5,500,000 contingent on exploration results and continued participation.
  • The initial drilling program will consist of one to three holes per area, primarily for orientation purposes, with follow-up drilling planned to verify stratigraphy, lithologies, and structural features.

Sources:

  • Newsfile Corp., August 19, 2025
  • Questcorp Mining Inc., SEDAR+ profile, "NI 43-101 Technical Report on the Union Project, State of Sonora, Mexico" dated effective May 6, 2025
  • Questcorp Mining Inc. , News Release, August 19, 2025