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 Commences Fully Funded Phase 2 Drill Campaign at La Union Targeting Gold-Silver Carbonate Replacement District Potential

Questcorp Commences Fully Funded Phase 2 Drilling at District-Scale La Union Project

By The Northwire Desk — AI Analysis Jun 09, 2026 · 03:06 QQQ · 0.1 Questcorp Mining Inc.
Executive Summary
  • Questcorp Mining Inc. has officially commenced its fully funded Phase 2 diamond drilling program at the La Union Gold-Silver Project in Sonora, Mexico.
  • The campaign targets 8 to 10 high-priority holes across approximately 1,500 metres.
  • Drilling focuses on five primary target areas: Union Main Mine, North Union Mine, Luis Hill, Cobre Mine, and Javalí.
  • The program leverages new structural mapping, 248 line-km of drone aeromagnetic data, and a recently completed Induced Polarization (IP) geophysical survey to de-risk target selection.
  • The campaign is fully funded, requiring no dilutive near-term capital raises.
  • Strategic partnership with Riverside Resources Inc. ensures continuous, milestone-driven exploration and real-time targeting model integration.
  • Historical context notes ~50,000 oz of gold extracted from high-grade oxide ores in the 1950s; the 2026 campaign targets untouched underlying sulfide extensions and structural roots.
Material Impact
  • The commencement of Phase 2 drilling is a logical, expected progression following the successful completion of the IP survey and high-grade surface sampling in May 2026.
  • Being fully funded eliminates immediate dilution risk, which is a positive operational milestone for a micro-cap explorer.
  • The news does not introduce fundamentally new geological data or unexpected contract wins; it confirms the execution of a previously announced plan.
  • Market reaction is likely muted as the catalyst (drilling start) was anticipated and priced in following the May exploration updates.
QQQ · Price
Company Overview
  • Questcorp Mining Inc. is an exploration-stage company focused on advancing two primary assets: the La Union Gold-Silver Project in Sonora, Mexico, and the North Island Copper Project in British Columbia, Canada.
  • The La Union project spans a 25 km² mineralized footprint and targets Carbonate Replacement Deposit (CRD) and sediment-hosted gold systems.
  • The company operates under a strategic partnership with Riverside Resources Inc., which holds a minority stake and provides technical expertise.
  • The business model relies on systematic exploration, geophysical surveys, and drilling to expand historical mineralization and discover new deposits.
Read the original news release →

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