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Mining industry

Questcorp Mining Inc. Updates Shareholders on Surface Exploration in Preparation for Drilling at La Union Gold-Silver Project

Strategic Insights

— 1 min read

Questcorp Mining Inc. has provided an update on its surface exploration activities in preparation for the upcoming maiden drill program at the La Union Gold-Silver Project in Sonora, Mexico. The company has an option to earn a 100% interest in the 2,520 ha property by making cash payments, issuing shares, and incurring exploration expenditures. Questcorp President & CEO, Saf Dhillon, stated that the Riverside technical team has made significant progress in de-risking the project through detailed surface mapping and sampling, discovering multiple stacked thrust faults in the main mineralized area.

Key Takeaways:

  • Questcorp has an option to earn a 100% interest in the 2,520 ha La Union Gold-Silver Project in Sonora, Mexico, by making cash payments, issuing shares, and incurring exploration expenditures.
  • The project is a carbonate replacement deposit (CRD) hosted by Neoproterozoic sedimentary rocks overlying crystalline Paleoproterozoic rocks.
  • The structural setting features high-angle normal faults and low-to-medium-angle thrust faults that may have served as mineralization conduits.
  • Mineralization occurs as polymetallic veins, replacement zones (mantos, chimneys), and shear zones with high-grade metal content.
  • The technical and scientific information in this news release has been reviewed and approved by R. Tim Henneberry, P. Geo (BC), a director of the Company and a "qualified person" under National Instrument 43-101.
  • The company is planning a 1500 meter maiden drill program in August, which is expected to be followed by a bulldozer for road maintenance.
  • The project has the potential for large gold discoveries and may be related to a larger porphyry Cu district.

Statistics:

  • The La Union Property covers an area of 2,520 ha.
  • The project's host rocks are Neoproterozoic sedimentary rocks overlying crystalline Paleoproterozoic rocks.
  • The structural setting features high-angle normal faults and low-to-medium-angle thrust faults.
  • The maiden drill program is expected to be 1,500 meters long.
  • The company has made significant progress in de-risking the project through detailed surface mapping and sampling.
  • The discovery of stacked thrust faults has enhanced the potential of the project.
  • The project has the potential for polymetallic veins, replacement zones (mantos, chimneys), and shear zones with high-grade metal content.

Sources:

  • Newsfile Corp. (July 24, 2025)
  • Questcorp Mining Inc. (SEDAR+ profile)
  • National Instrument 43-101 - Standards of Disclosure for Mineral Projects

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