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 Advance Toward Drilling with Expanded IP Survey at La Union Project, Sonora, Mexico

Questcorp Mining Refines La Union Targets Ahead of Imminent Phase 2 Drilling; Execution Continues Without Catalyst Spike

By The Northwire Desk — AI Analysis Jun 02, 2026 · 03:06 QQQ · 0.11 Questcorp Mining Inc.
Executive Summary
  • Questcorp Mining and partner Riverside Resources completed an expanded induced polarization (IP) geophysical survey at the La Union Gold-Silver Project in Sonora, Mexico.
  • The survey represents the final target refinement stage prior to the commencement of a fully funded Phase 2 drill program.
  • Geophysical results identified conductive zones aligned with historical drilling and known mineralization, while also generating new targets in the previously unsurveyed northern portion of the property.
  • Management views the IP results, combined with recent high-grade surface sampling and structural reinterpretation, as strong indicators of a larger district-scale mineralized system.
  • Permits are secured, funding is in place, contractors are engaged, and drill targets are being refined in real time. Phase 2 drilling is expected to commence imminently.
Material Impact
  • The news is a routine follow-up to the May 21, 2026 aeromagnetic survey and the May 5, 2026 high-grade surface sampling results.
  • It confirms the company is executing its planned exploration program on schedule without unexpected delays or cost overruns.
  • The IP survey successfully de-risks the upcoming drill program by validating historical targets and identifying new northern targets, but does not introduce fundamentally new geological discoveries or financial metrics.
  • The market has already priced in the progression toward drilling through the previous announcements. The completion of the survey is an operational milestone rather than a material catalyst.
QQQ · Price
Company Overview
  • Questcorp Mining is a junior exploration company focused on the La Union Gold-Silver Project in Sonora, Mexico, and the North Island Copper Project in British Columbia.
  • The La Union Project is held under an option agreement with Riverside Resources, which currently owns a 9.9% stake in Questcorp and will increase to 19.9% upon earn-in, plus a 2.5% NSR.
  • The flagship La Union Project targets carbonate replacement deposit (CRD) style gold-silver-polymetallic mineralization and emerging sediment-hosted gold (SHGD) targets.
  • Recent Phase 1 results highlighted high-grade intervals at Union Mine (2.9m @ 20 g/t Au) and a new Carlin-type gold discovery at Luis Hill (42m @ 0.3 g/t Au).
  • The North Island Copper Project targets a porphyry copper system at the Marisa Zone, with historical drilling showing low-grade copper intercepts that increase in grade with depth.
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