Questcorp Mining Completes 25 Percent of Maiden Drilling Program at the La Union Gold & Silver Project in Mexico
Questcorp Mining (OTCQB:QQCMF) has completed 25% (300 meters) of its maiden drilling program at the La Union Gold & Silver Project in Sonora, Mexico. The program, targeting 1,200-1,500 meters, is exploring carbonate-hosted replacement deposit (CRD) style mineralization across four key areas: Union Main Mine, North Union Mine, Cobre Mine, and Central Union.
The project, operated by Riverside Resources under a C$5.5 million work commitment, represents the first-ever drilling in most target areas. Historical sampling has revealed impressive grades of 59.4 g/t gold, 833 g/t silver, along with significant base metal content. The program is part of an initial C$1 million exploration initiative, focusing on stratigraphic and structural targets with potential for large-scale gold discoveries.
Questcorp Mining (OTCQB:QQCMF) ha completato il 25% (300 metri) del suo programma di perforazione iniziale presso il progetto La Union Gold & Silver a Sonora, Messico. Lʼobiettivo è perforare tra 1.200 e 1.500 metri per valutare mineralizzazioni di tipo CRD (carbonate-hosted replacement deposit) in quattro aree chiave: Union Main Mine, North Union Mine, Cobre Mine e Central Union.
Il progetto è gestito da Riverside Resources nellʼambito di un impegno di lavoro di C$5,5 milioni e costituisce il primo programma di perforazione nella maggior parte delle zone target. Campionamenti storici hanno evidenziato gradevoli concentrazioni di 59,4 g/t dʼoro, 833 g/t dʼargento e rilevanti metalli di base. Lʼattività rientra in un primo programma esplorativo da C$1 milione, con indagini stratigrafiche e strutturali mirate alla ricerca di potenziali depositi auriferi di grande estensione.
Questcorp Mining (OTCQB:QQCMF) ha completado el 25% (300 metros) de su programa de perforación inicial en el proyecto La Union Gold & Silver en Sonora, México. El objetivo total es perforar entre 1.200 y 1.500 metros para evaluar mineralización estilo CRD (carbonate-hosted replacement deposit) en cuatro áreas clave: Union Main Mine, North Union Mine, Cobre Mine y Central Union.
El proyecto, operado por Riverside Resources bajo un compromiso de trabajo de C$5,5 millones, representa las primeras perforaciones en la mayoría de los blancos. Muestreos históricos han mostrado leyes notables de 59,4 g/t oro, 833 g/t plata y cantidades significativas de metales base. El programa forma parte de una iniciativa exploratoria inicial de C$1 millón, centrada en objetivos estratigráficos y estructurales con potencial para descubrimientos auríferos a gran escala.
Questcorp Mining (OTCQB:QQCMF)가 멕시� 소노라의 La Union 금·은 프로젝트에서 시추 프로그램� 25%(300미터)� 완료했습니다. 전체 목표 심도� 1,200~1,500미터�, 탄산� 교체�(CRD) 스타일의 광화대� Union Main Mine, North Union Mine, Cobre Mine, Central Union � � � 핵심 구역에서 탐사하고 있습니다.
� 프로젝트� Riverside Resources가 C$5.5백만 작업 이행 하에 운영하며, 대부분의 타� 지역에서는 최초 시추� 해당합니�. 과거 시료 분석에서� � 59.4 g/t, 은 833 g/t 등의 높은 품위와 유의� 기반금속 함량� 확인되었습니�. 이번 프로그램은 대규모 금광 발견 가능성� 목표� 하는 C$1백만 초기 탐사� 일환으로, 층서학적·구조� 타깃을 중심으로 진행됩니�.
Questcorp Mining (OTCQB:QQCMF) a achevé 25 % (300 mètres) de son programme de forage inaugural au projet La Union Gold & Silver à Sonora, Mexique. Le forage, ciblant 1 200 à 1 500 mètres, explore une minéralisation de type CRD (carbonate-hosted replacement deposit) sur quatre secteurs clés : Union Main Mine, North Union Mine, Cobre Mine et Central Union.
Le projet, exploité par Riverside Resources dans le cadre d’un engagement de dépenses de 5,5 M$CA, constitue les premiers forages dans la plupart des zones ciblées. Des échantillonnages historiques ont révélé des teneurs impressionnantes de 59,4 g/t d’or, 833 g/t d’argent ainsi que des teneurs significatives en métaux de base. Le programme s’inscrit dans une initiative exploratoire initiale de 1 M$CA, axée sur des cibles stratigraphiques et structurales susceptibles de conduire à des découvertes aurifères à grande échelle.
Questcorp Mining (OTCQB:QQCMF) hat 25 % (300 Meter) seines ersten Bohrprogramms am La Union Gold & Silver Project in Sonora, Mexiko, abgeschlossen. Geplant sind insgesamt 1.200�1.500 Meter, um eine carbonate-hosted replacement deposit (CRD)-artige Mineralisierung in vier Hauptbereichen zu untersuchen: Union Main Mine, North Union Mine, Cobre Mine und Central Union.
Das Projekt wird von Riverside Resources unter einem Arbeitsauftrag über C$5,5 Mio. betrieben und umfasst in den meisten Zielgebieten die ersten Bohrungen überhaupt. Historische Proben ergaben beachtliche Gehalte von 59,4 g/t Gold, 833 g/t Silber sowie nennenswerte Basismetallanteile. Das Programm ist Teil einer anfänglichen C$1 Mio.-Erkundungsinitiative, die stratigraphische und strukturelle Ziele mit Potenzial für größere Goldentdeckungen fokussiert.
- First-ever drilling program at La Union with promising historical grades of 59.4 g/t gold and 833 g/t silver
- Strategic partnership with Riverside Resources, providing operational expertise and aligned interests
- Fully funded C$1 million initial exploration program with potential C$5.5 million total commitment
- Multiple high-potential target areas with both oxide and deeper sulfide mineralization opportunities
- Only 25% of the planned drilling program completed so far
- Early-stage exploration project with no defined resource estimates
- Results are pending and success is not guaranteed
Vancouver, British Columbia--(Newsfile Corp. - August 19, 2025) - Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) (the "Company" or "Questcorp") is pleased to announce they have completed
Highlights
- The Company has completed 300 metres of the planned drill program of 1200 to 1500m.
- Drilling to test the carbonate-hosted replacement deposit (CRD) style of mineralization, with gold associated with mantos, chimneys, and along structural zones.
- Angled drill holes are aimed at cutting perpendicular to stratigraphic targets and some structural targets which is typical in CRD systems
- Structural features may have served as mineralizing conduits and are key targets in the current drill program.
Questcorp is capitalizing on the recent exploration work over the past three months by Riverside that improved the understanding of the structural geology and stratigraphy that is guiding current exploration efforts at La Union. The exploration target focus 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 the new concepts and expand past previous mining.
Saf Dhillon, President & CEO states, "Questcorp is pleased with the progress being made at this first ever drill program at La Union. The Riverside team has been able to work throughout these hot summers months to enable the successful completion of this Maiden drill.
Earlier this year, Questcorp entered into a definitive option agreement with Riverside's wholly owned subsidiary, RRM Exploracion, S.A.P.I. DE C.V. to acquire a
The Drill Program Targets include more than four different areas, beginning with this early-stage stratigraphic and orientation phase of drilling exploration aimed at evaluating the scale of alteration and indications of a mineralized system. This will be the first drilling ever conducted on most of the targets, despite past mining having occurred in the majority of these areas. The initial program will consist of one to three holes per area, primarily for orientation purposes. Follow-up drilling is planned and can be expanded based on initial results, which will help verify the stratigraphy, lithologies, and structural features allowing for improved modeling and next-stage discovery targeting. The four areas are listed below:
- Union Main Mine Area - The program will use angled drill holes to test limestone and other carbonate stratigraphic hosts within the Clemente Formation, with the potential to reach the underlying Caborca Formation. These units are considered the primary hosts for replacement-style mineralization.
- North Union Mine Area - The initial focus of the program will be on testing structural interpretations. Additional drilling is anticipated following this first phase, as results will help guide future drill testing of areas with past mining activity and various structural orientations.
- Cobre Mine Area - The Clemente Formation is the primary host unit, and structural features combined with areas of past mining provide multiple target zones. Drilling will begin with an initial stratigraphic test hole to help orient around the thickness of the host unit and extend into the lower Caborca Formation, which is also a favorable host for CRD-style mineralization.
- Central Union Area - Structural targets, as possible mineralization feeder zones, are a key focus in this past mining manto area. There are extensive additional target zones in the area, and this initial orientation drilling will provide vectoring for the next stage of drilling and further study of the Clemente Formation, and possibly into the Caborca Formation as currently interpreted.
General Overview of La Union Project
The Project is summarized in a recently published NI 43-101 Technical Report available under Questcorp's SEDAR+ profile (). Riverside initially acquired the Project and subsequently consolidated additional inlier mineral claims, building a strong land position. Riverside then advanced the Project through surface access agreements and drill permitting, making it a turn-key exploration opportunity for Questcorp.
The Project was originally identified through Riverside's exploration work in the western Sonora Gold Belt, conducted in collaboration with AngloGold Ashanti Limited, Centerra Gold Inc., and Hochschild Mining Plc. Earlier research by Riverside Founder John-Mark Staude also contributed to recognizing the district's potential. Initial work by members of the Riverside team, drawing on more than two decades of geological compilation and analysis, further confirmed the region as highly prospective.
At the Project, historical mining by the Penoles Mining Company targeted chimney and manto-style replacement bodies within the upper oxide zones. As a result, the underlying sulfide zones represent immediate and compelling drill targets for further exploration.
At the La Union Project, immediate drill targets offer the potential for significant-scale discoveries. La Union is well positioned for near-term exploration success, with targets that include both oxide and deeper sulfide mineralization.
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,
Questcorp cautions investors that grab samples are selective by nature and not necessarily indicative of similar mineralization on the property.
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
Contact Information
Questcorp Mining Corp.
Saf Dhillon, President & CEO
Email: [email protected]
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.
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