Northwire Canada EditionTuesday, November 3, 2026
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Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0% Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0%
Drill Results Routine +

Questcorp Mining and Riverside Resources Complete Expanded Drone Aeromagnetic Survey at La Union Project

Survey Completion Validates Drill Readiness, But Execution Risk Remains

By The Northwire Desk — AI Analysis May 21, 2026 · 03:06 QQQ · 0.12 Questcorp Mining Inc.
Executive Summary
  • Questcorp Mining and partner Riverside Resources have completed an expanded drone aeromagnetic survey at the La Union Project in Sonora, Mexico.
  • The survey added 248 total line km of coverage (193 flight lines + 55 tie lines) building upon a 2025 baseline dataset.
  • Data is being integrated with structural mapping and recent high-grade sampling to refine drill targets for Phase 2 drilling.
  • Preparations for the summer drill program are underway: drill roads and pads are being established, permits are in hand, site access secured.
  • A drill contractor and geophysical service provider have been contracted.
  • An Induced Polarization (IP) geophysical survey is scheduled to commence shortly to further de-risk Phase 2 targeting.
  • CEO Saf Dhillon emphasizes the objective is to "derisk the up-coming fully funded drill program."
Material Impact
  • The news confirms operational progress toward the Phase 2 drilling campaign announced in May 5th, 2026.
  • Completion of geophysical surveys is a standard procedural step; it does not constitute new mineralization discovery or resource definition.
  • The "fully funded" status mentioned previously remains unchallenged but capital deployment risk persists if drilling delays occur.
  • No material change to valuation drivers (e.g., no new high-grade intercepts announced in this release).
  • Positive confirmation of execution capability reduces operational uncertainty slightly, but the market has already priced in the expectation of drilling given prior announcements.
QQQ · Price
Company Overview
  • Company: Questcorp Mining Inc., focused on exploration of gold, silver, and copper projects in Mexico and Canada.
  • Flagship Project: La Union Gold & Silver Project (Sonora, Mexico).
    • Targeting Carbonate Replacement Deposit (CRD) style mineralization and sediment-hosted gold (SHGD/Carlin-type).
    • Recent Phase 1 results showed high-grade intervals (e.g., 30m @ 20 g/t Au at Union Mine; 42m @ 0.3 g/t Au at Luis Hill).
  • Secondary Project: North Island Copper Project (Vancouver Island, BC).
    • Porphyry copper target with historical drilling showing increasing grades with depth.
    • Currently undergoing IP survey to refine targets for future drilling.
Read the original news release →

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Questcorp Mining and Riverside Resources Commence Phase 2 Exploration Program at the La Union Project, Sonora, Mexico

Drill Results