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Questcorp Mining Continues Exploration in Advance of Drilling at the La Union Gold & Silver Project in Mexico

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Questcorp Mining (OTCQB: QQCMF) has provided an update on its exploration activities at the La Union Gold-Silver Project in Sonora, Mexico. The company, through its operator Riverside Resources, has completed key preliminary exploration steps ahead of a planned 1,500-metre maiden drill program.

The exploration program includes completed IP lines over La Union and La Union Norte mines, a drone magnetic survey, and ongoing surface geochemistry and mapping. Previous sampling has shown impressive grades of 59.4 g/t gold, 833 g/t silver, 11% zinc, 5.5% lead, and 2.2% copper. The 2,520-hectare property is being explored as a carbonate replacement deposit (CRD) with potential for large gold discoveries and possible porphyry copper mineralization.

Questcorp Mining (OTCQB: QQCMF) ha fornito un aggiornamento sulle sue attività di esplorazione presso il Progetto Oro-Argento La Union a Sonora, Messico. La società, tramite il suo operatore Riverside Resources, ha completato le fasi preliminari chiave dell'esplorazione in vista di un programma di perforazione iniziale di 1.500 metri.

Il programma di esplorazione comprende linee IP completate sulle miniere La Union e La Union Norte, un rilievo magnetico con drone, oltre a geochimica di superficie e mappatura in corso. I campionamenti precedenti hanno mostrato grade impressionanti di 59,4 g/t oro, 833 g/t argento, 11% zinco, 5,5% piombo e 2,2% rame. La proprietà di 2.520 ettari viene esplorata come un deposito a sostituzione carbonatica (CRD), con potenziale per grandi scoperte aurifere e possibile mineralizzazione porfirica di rame.

Questcorp Mining (OTCQB: QQCMF) ha proporcionado una actualización sobre sus actividades de exploración en el Proyecto de Oro y Plata La Unión en Sonora, México. La compañía, a través de su operador Riverside Resources, ha completado pasos preliminares clave antes de un programa inicial de perforación de 1,500 metros.

El programa de exploración incluye líneas IP completadas sobre las minas La Unión y La Unión Norte, un estudio magnético con dron, y geociencia superficial y mapeo en curso. Muestreos previos han mostrado grados impresionantes de 59.4 g/t oro, 833 g/t plata, 11% zinc, 5.5% plomo y 2.2% cobre. La propiedad de 2,520 hectáreas se está explorando como un depósito de reemplazo de carbonato (CRD) con potencial para grandes descubrimientos de oro y posible mineralización de cobre porfírica.

Questcorp Mining (OTCQB: QQCMF)는 멕시코 소노라에 위치한 라 우니온 금-은 프로젝트 탐사 활동에 대한 최신 정보를 제공했습니다. 회사는 운영사인 Riverside Resources를 통해 계획된 1,500미터 초도 시추 프로그램에 앞서 주요 예비 탐사 단계를 완료했습니다.

탐사 프로그램에는 라 우니온 및 라 우니온 노르테 광산에 대한 IP 라인 완료, 드론 자기 조사, 진행 중인 표면 지구화학 및 매핑이 포함됩니다. 이전 샘플링에서는 금 59.4 g/t, 은 833 g/t, 아연 11%, 납 5.5%, 구리 2.2%의 인상적인 품위가 확인되었습니다. 2,520헥타르 규모의 부지는 탄산염 교체광상(CRD)으로 탐사 중이며, 대규모 금 발견 가능성과 함께 포피리 구리 광화 가능성을 가지고 있습니다.

Questcorp Mining (OTCQB : QQCMF) a fourni une mise à jour sur ses activités d'exploration au projet or-argent La Union à Sonora, Mexique. La société, par l'intermédiaire de son opérateur Riverside Resources, a achevé les étapes préliminaires clés de l'exploration avant un programme de forage inaugural de 1 500 mètres.

Le programme d'exploration comprend des lignes IP terminées sur les mines La Union et La Union Norte, une enquête magnétique par drone, ainsi que des travaux de géochimie de surface et de cartographie en cours. Des échantillonnages antérieurs ont révélé des teneurs impressionnantes de 59,4 g/t or, 833 g/t argent, 11 % zinc, 5,5 % plomb et 2,2 % cuivre. La propriété de 2 520 hectares est explorée comme un dépôt de remplacement carbonaté (CRD) avec un potentiel pour de grandes découvertes aurifères et une possible minéralisation porphyrique de cuivre.

Questcorp Mining (OTCQB: QQCMF) hat ein Update zu seinen Explorationsaktivitäten beim La Union Gold-Silber-Projekt in Sonora, Mexiko bereitgestellt. Das Unternehmen hat über seinen Betreiber Riverside Resources wichtige vorläufige Erkundungsschritte abgeschlossen, bevor ein erstes Bohrprogramm mit 1.500 Metern geplant ist.

Das Explorationsprogramm umfasst abgeschlossene IP-Linien über den Minen La Union und La Union Norte, eine Drohnen-Magnetik-Untersuchung sowie laufende Oberflächen-Geochemie und Kartierung. Frühere Proben zeigten beeindruckende Gehalte von 59,4 g/t Gold, 833 g/t Silber, 11 % Zink, 5,5 % Blei und 2,2 % Kupfer. Das 2.520 Hektar große Grundstück wird als karbonatverlagerte Lagerstätte (CRD) erkundet, mit Potenzial für große Goldfunde und mögliche porphyrische Kupfermineralisierung.

Positive
  • High-grade metal content demonstrated through sampling (59.4 g/t gold, 833 g/t silver)
  • Option to earn 100% interest in the 2,520-hectare property
  • Completion of key exploration steps including IP lines and drone magnetic survey
  • Property shows potential for large gold discoveries and porphyry copper mineralization
Negative
  • No previous drilling on the property indicates early-stage exploration risk
  • Project acquisition requires series of cash payments, share issuance, and exploration expenditures
  • Grab samples are selective and may not represent overall mineralization

Vancouver, British Columbia--(Newsfile Corp. - July 7, 2025) - Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) (the "Company" or "Questcorp") is pleased to update shareholders on the on-going surface exploration in preparation for drilling at the La Union Gold-Silver Project in Sonora, Mexico. Questcorp has an Option earn a 100% interest from Riverside Resources Inc. in the 2,520 ha (25 km sq) property by making a series of cash payments and share issuance and completing a series of exploration expenditures.

Questcorp President & CEO, Saf Dhillon, stated: "We are pleased with the progress Riverside has made as we complete the preliminary exploration steps, in finalizing our drill targets for the upcoming maiden drill program at La Union. The decades of in country exploration experience that John-Mark and his Riverside team diligently bring to focus at the La Union project is very evident as they continue to further de-risk the up-coming 1,500 metre drill program."

Cannot view this image? Visit: https://images.newsfilecorp.com/files/10197/257897_4d60e7d2c4556af9_001.jpg

Figure 1: Cross section IP with interpreted structures and targets from Union new Induced Polarity geophysics survey.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10197/257897_4d60e7d2c4556af9_001full.jpg

La Union operator Riverside Resources has successfully completed two IP lines over the La Union and La Union Norte mines respectively, highlighting chargeability and resistivity features at depth which will guide the placement of the first ever drill holes on the property, as well as correlating with mapped mineralized zones and former workings.

A drone magnetic survey was flown over the property to provide structural context, follow up potential intrusive feeders and provide information about potential faults beneath the pediments and post-mineral young cover units.

Ongoing surface geochemistry and mapping continues to strengthen the targeting pipeline, particularly across exposed gold-rich manto zones and along the margins of shallow post-mineral gravel pediment cover. These efforts are focused on delineating the transition zones from covered to exposed mineralization and establishing structural controls that may influence ore continuity at depth.

The La Union Project

The La Union Project is a carbonate replacement deposit ("CRD") project hosted by Neoproterozoic sedimentary rocks (limestones, dolomites, and siliciclastic sediments) overlying crystalline Paleoproterozoic rocks of the Caborca Terrane. The structural setting features high-angle normal faults and low-to-medium-angle thrust faults that sometimes served as mineralization conduits. Mineralization occurs as polymetallic veins, replacement zones (mantos, chimneys), and shear zones with high-grade metal content, as shown in highlight grades of 59.4 grams per metric tonne (g/t) gold, 833 g/t silver, 11% zinc, 5.5% lead, 2.2% copper, along with significant hematite and manganese oxides, consistent with a CRD model (see the technical report entitled "NI 43-101 Technical Report on the Union Project, State of Sonora, Mexico" dated effective May 6, 2025 available under Questcorp's SEDAR+ profile). These targets also demonstrate intriguing potential for large gold discoveries potentially above an even larger porphyry Cu district potential as the Company's target concept at this time.

Questcorp cautions investors grab samples are selective by nature and not necessarily indicative of similar mineralization on the property.

Riverside, the operator of the La Union Project, is currently lining up the various geophysical contractors to immediately undertake orientation surveys and follow up detailed survey to confirm and enhance the drill targets.

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 – Standards of Disclosure for Mineral Projects.

About Questcorp Mining Inc.

Questcorp Mining Inc. 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% interest in and to mineral claims totaling 1,168.09 hectares comprising the North Island Copper Property, on Vancouver Island, British Columbia, subject to a royalty obligation. The Company also holds an option to acquire an undivided 100% interest in and to mineral claims totaling 2,520.2 hectares comprising the La Union Project located in Sonora, Mexico, subject to a royalty obligation.

Contact Information

Questcorp Mining Corp.
Saf Dhillon, President & CEO
Email: saf@questcorpmining.ca
Telephone: (604) 484-3031

This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to Riverside's arrangements with geophysical contractors to undertake orientation surveys and follow up detailed survey to confirm and enhance the drill targets. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the ability of Riverside to secure geophysical contractors to undertake orientation surveys and follow up detailed survey to confirm and enhance the drill targets as contemplated or at all, general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that the geophysical surveys will be completed as contemplated or at all and that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257897

FAQ

What exploration activities has Questcorp Mining (QQCMF) completed at La Union Project?

Questcorp has completed two IP lines over La Union and La Union Norte mines, conducted a drone magnetic survey, and is performing ongoing surface geochemistry and mapping in preparation for a 1,500-metre maiden drill program.

What are the highest metal grades reported at Questcorp's La Union Project?

The project has shown highlight grades of 59.4 g/t gold, 833 g/t silver, 11% zinc, 5.5% lead, and 2.2% copper, though these are from selective grab samples.

How large is Questcorp Mining's La Union Project and what is their ownership structure?

The La Union Project covers 2,520 hectares (25 km sq) in Sonora, Mexico. Questcorp has an option to earn 100% interest from Riverside Resources through cash payments, share issuance, and exploration expenditures.

What type of deposit is Questcorp's La Union Project?

La Union is a carbonate replacement deposit (CRD) hosted by Neoproterozoic sedimentary rocks, with potential for large gold discoveries and possible porphyry copper mineralization.

Who is operating Questcorp Mining's La Union Project?

Riverside Resources is operating the La Union Project and is currently coordinating geophysical contractors for orientation surveys and detailed survey work to enhance drill targets.
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