Questcorp Mining Engages Contractor for Commencement of North Island Copper IP Survey

Executive Summary

• Questcorp Mining has engaged Peter W. Walcott and Associates to conduct a 10‑15 km induced polarization (IP) survey on its 1,168 ha North Island Copper project.
• Historic drilling from 1992 returned copper intercepts of 0.078% Cu over 56.39 m (DDH92‑01) and 0.041% Cu over 70.71 m (DDH92‑03), with grades increasing at depth, prompting further exploration.
• The 2026 IP survey will run lines parallel to the 1973 survey, tighten coverage, and feed target generation for a follow‑up drill program expected to commence after the survey’s completion by end of February.

Key Details

• Survey Contractor: Peter W. Walcott and Associates Limited (Coquitlam, BC).
• Survey Scope: Permitted 10–15 km IP line‑kilometre survey focused on historic Marisa Zone (porphyry copper target).
• Historical Drill Results (1992):
• DDH92‑01 – 0.078% Cu over 56.39 m in altered quartz diorite.
• DDH92‑03 – 0.041% Cu over 70.71 m, with copper grades increasing with depth.
• Survey Design: New lines will be spaced midway between the 1973 IP lines, maintaining the same azimuth to improve subsurface chargeability and resistivity models.
• Purpose: Integrate historic and new IP data to produce updated pseudosection maps and generate drill targets for a subsequent drilling campaign.
• Timeline: Mobilization expected mid‑February 2026; survey completion anticipated before month‑end.
• Qualified Person Review: Technical content approved by R. Tim Henneberry, P.Geo (BC), Director & QP under NI 43‑101.
• Cautionary Note: No Qualified Person has verified the historic data; presence of copper on adjacent properties does not guarantee similar mineralization on North Island Copper property.

Notable Quotes

“As copper prices continue to climb due to demand and supply issues, the importance of the North Island Copper project increases,” – Saf Dhillon, President & CEO.
“We feel the 1992 preliminary drill results demand further exploration, especially with copper grades increasing with depth…” – Saf Dhillon.