Questcorp and Riverside Update Substantial Drilling Progress at the LA Union Gold and Silver Project with Seven Holes Completed at Four Targets
Questcorp (OTCQB: QQCMF) reports progress at the La Union gold-silver project in Sonora, Mexico: the maiden drill program is two-thirds complete with 7 holes finished and a plan for 2–5 additional holes, testing four of five main targets.
Two holes tested the Union mine target, two at Famosa (where Riverside grab samples returned 59.4 g/t Au and 833 g/t Ag), two at North Union and one at El Cobre. Drilling paused briefly for heavy rains but remains on budget. Further holes, new west-target drilling, assays, IP surveys and geological interpretation will follow.
Questcorp (OTCQB: QQCMF) riferisce progressi nel progetto oro-argento La Union a Sonora, Messico: il primo programma di trivellazione è a due terzi del completamento con 7 pozzi terminati e un piano per 2–5 pozzi aggiuntivi, testando quattro tra i cinque obiettivi principali.
Due pozzi hanno testato l'obiettivo della miniera Union, due a Famosa (dove i campioni prelevati a presa Riverside hanno restituito 59,4 g/t Au e 833 g/t Ag), due a North Union e uno a El Cobre. Le trivellazioni hanno subito una breve interruzione a causa di forti piogge ma restano entro il budget. Saranno portati avanti ulteriori pozzi, nuove trivellazioni verso l'obiettivo ovest, analisi, IP e interpretazione geologica.
Questcorp (OTCQB: QQCMF) informa avances en el proyecto de oro-plata La Union en Sonora, México: el primer programa de perforación está a dos tercios de su finalización con 7 hoyos terminados y un plan para 2–5 perforaciones adicionales, probando cuatro de los cinco objetivos principales.
Dos hoyos probaron el objetivo de la mina Union, dos en Famosa (donde las muestras Riverside resultaron en 59,4 g/t Au y 833 g/t Ag), dos en North Union y uno en El Cobre. La perforación se suspendió brevemente por fuertes lluvias, pero permanece dentro del presupuesto. Se realizarán más pozos, nueva perforación hacia el objetivo oeste, ensayos, IP y interpretación geológica.
퀘스트콥(OTCQB: QQCMF)은 소노라주 멕시코의 라 유니온 금-은 프로젝트에서 진행 상황을 보고합니다: 첫 드릴 프로그램은 2/3가 완료되었고 완료된 구멍 7개와 추가로 2–5개 구멍의 계획이 있으며 다섯 개의 주요 표적 중 네 개를 테스트합니다.
두 구멍은 유니온 광산 표적을, 두 구멍은 파모사(Famosa)에서 테스트했으며 (리버사이드 Riverside 채취 샘플에서 금 59.4 g/t, 은 833 g/t), 북유니온에서 두 구멍, 엘 코브레에서 하나를 시추했습니다. 폭우로 짧게 중단되었지만 예산 내에 남아 있습니다. 향후 구멍들, 서쪽 표적 시추, 분석, IP 조사 및 지질 해석이 이어질 예정입니다.
Questcorp (OTCQB: QQCMF) rapporte des progrès sur le projet d'or-argent La Union à Sonora, Mexique: le premier programme de forage est achevé à deux tiers, avec 7 forages terminés et un plan pour 2–5 forages supplémentaires, testant quatre des cinq cibles principales.
Deux forages ont testé la cible de la mine Union, deux à Famosa (où les échantillons Riverside ont donné 59,4 g/t Au et 833 g/t Ag), deux à North Union et un à El Cobre. Le forage a été brièvement interrompu par de fortes pluies mais reste dans le budget. D'autres forages, un nouveau forage vers la cible ouest, des essais, des IP et une interprétation géologique suivront.
Questcorp (OTCQB: QQCMF) meldet Fortschritte beim La Union Gold-Silver-Projekt in Sonora, Mexiko: das erste Bohrprogramm ist zu zwei Dritteln abgeschlossen, mit 7 Bohrungen beendet und einem Plan für 2–5 zusätzliche Bohrungen, vier von fünf Hauptzielen testend.
Zwei Bohrungen testeten das Union-Minenziel, zwei bei Famosa (wo Riverside-Gebräuche 59,4 g/t Au und 833 g/t Ag ergaben), zwei bei North Union und eine bei El Cobre. Das Bohren wurde aufgrund starker Regenfälle kurzzeitig unterbrochen, bleibt aber im Budget. Weitere Bohrungen, neue Westziel-Bohrungen, Proben, IP-Untersuchungen und geologische Interpretation folgen.
Questcorp (OTCQB: QQCMF) تقرّ بالتقدم في مشروع La Union للذهب والفضة في ولاية Sonora، المكسيك: البرنامج الأول للحفر اكتمل ثلثيه مع 7 آبار منتهية وخطة لـ2–5 آبار إضافية، لاختبار أربعة من خمسة أهداف رئيسية.
اختبرت آباران هدف منجم Union، واثنان في Famosa (حيث أظهرت عينات Riverside 59.4 g/t Au و 833 g/t Ag)، دوشان في North Union وواحد في El Cobre. توقفت الحفريات مؤقتاً بسبب أمطار غزيرة لكنها تبقى ضمن الميزانية. ستتبع آبار إضافية، وحفر باتجاه الهدف الغربي، وتحاليل، وقياسات IP، وتفسير جيولوجي.
Questcorp (OTCQB: QQCMF) 报告在墨西哥索诺拉州 La Union 金银项目取得进展：首轮钻探计划完成了三分之二，已完成7口井，并计划进行2–5口新增钻孔，测试五个主要靶点中的四个。
两口井测试了 Union 矿目标，Famosa 处两口井（Riverside 取样样品回报 金 59.4 g/t 和 银 833 g/t），North Union 两口井，El Cobre 1口井。由于大雨钻探短暂停止，但预算仍在控制之内。未来将进行更多钻孔、向西靶的新钻探、分析、IP 测绘和地质解释。
- 7 drill holes completed to date
- Program two-thirds complete and reported on budget
- High-grade grab samples from Famosa: 59.4 g/t Au and 833 g/t Ag
- Four of five main targets drill-tested with follow-up holes planned
- Drilling briefly paused for heavy rains, causing schedule disruption
- No assay results reported yet from the completed drill holes
- Grab samples are selective and may not represent overall mineralization
Vancouver, British Columbia--(Newsfile Corp. - October 16, 2025) - Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) (the "Company" or "Questcorp") is pleased to further update investors on its maiden drilling program at the La Union gold and silver project in Sonora, Mexico, which continues on track and on budget. The program is now two-thirds complete with initial and second holes now completed at four of the five main targets. This update follows the company's Aug. 6, 2025, announcement marking the start of the program and Aug. 19, Sept. 10 and Sept. 24 news releases chronicling the progress of the program.
Saf Dhillon, President and Chief Executive Officer, states: "The drilling had started of a little slower and then was paused for unusually heavy rains. The initial plan was to drill 4 to 6 holes but, the Riverside team and their subcontracted drillers have been making substantial progress and we're now at 7 completed holes with plans for another 2 to 5. In total, four of the five target zones have been drill tested with at least one hole."
Two holes have now probed the Union mine target beneath historic workings, cutting through the Clemente and Caborca formations - both key host units for past mining at Union, encountering the distinctive microconglomeratic carbonate unit that historically hosted mineralization at the bottom of the Union mine.
Two holes have been completed at Famosa, testing the dip and strike extension of the mineralization in the historic workings as well as the foot wall and hanging wall of a steeply west-dipping major structural feature. Riverside select grab sampling from the Famosa dump retuned gold grade highlights of 59.4 g/t gold along with 833 g/t silver.
Two holes tested the North Union target and one tested the El Cobre target again probing beneath the historic workings for chimney and manto mineralization.
Additional holes are planned for all four of these targets, with one hole also planned for the El Creston Target.
Figure 1. Drill progress to 2025-Oct-09. Geologic map with the tenure of the Union internal concession shown in pink. Manto and chimney type CRD targets are shown as red polygons. Riverside now controls all mineral tenures on this map.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10197/270509_719d25609410fb43_001full.jpg
Questcorp cautions investors grab sample by their very nature are select samples and may not be indicative of mineralization on the property.
Initial drilling is also planned for newly generated targets to the west of the known mineralization trend. The target is feeder zones along pre-mineral fault structures.
Once this initial campaign is completed, follow-up work will integrate assay results, ongoing surface programs, additional induced polarization (IP) surveys, and refined geological interpretations based on stratigraphy and structure observed in drilling.
Figure 2. Cross section looking west with conceptual drill targets and schematic drillhole traces. Assays from Riverside's sampling of rock dump materials from the two mine areas are labeled in black. Red areas are interpreted as manto and chimney target bodies that are now well defined and drill ready. Assays shown on figures 1 and 2 have been previously released and disclosed as summarized below the geochemical QA/QC and in published NI 43-101 Report that Questcorp published 2025 on Sedar+.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10197/270509_719d25609410fb43_002full.jpg
Qualified Person & QA/QC:
The technical content of 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.
Rock samples from previous exploration programs discussed above at the Project were taken to the Bureau Veritas Laboratories in Hermosillo, Mexico for fire assaying for gold. The rejects remained with Bureau Veritas in Mexico while the pulps were transported to Bureau Veritas laboratory in Vancouver, BC, Canada for 45 element ICP/ES-MS analysis using 4-acid digestion methods. A QA/QC program was implemented as part of the sampling procedures for the exploration program. Standards were randomly inserted into the sample stream prior to being sent to the laboratory.
About Questcorp Mining Inc.
Questcorp Mining is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The company holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 1,168.09 hectares comprising the North Island copper property, on Vancouver Island, B.C., subject to a royalty obligation. The company also holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 2,520.2 hectares comprising the La Union project located in Sonora, Mexico, subject to a royalty obligation.
ON BEHALF OF THE BOARD OF DIRECTORS,
Saf Dhillon
President & CEO
Questcorp Mining Inc.
saf@questcorpmining.ca
Tel. (604-484-3031)
Suite 550, 800 West Pender Street
Vancouver, British Columbia
V6C 2V6.
Certain statements in this news release are forward-looking statements, which reflect the expectations of management regarding completion of survey work at the North Island Copper project. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270509
FAQ
How many drill holes has Questcorp (QQCMF) completed at La Union as of October 16, 2025?
What high-grade surface samples were reported at Questcorp's La Union (QQCMF) project?
Which La Union targets has Questcorp (QQCMF) drill-tested so far?
Are assay results available for Questcorp's (QQCMF) completed drill holes at La Union?
Did weather affect Questcorp's La Union (QQCMF) drilling schedule?
What are Questcorp's next steps after the initial La Union drilling (QQCMF)?
