Northwire Canada EditionWednesday, July 15, 2026
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FG 0.035 +0.0% EFR 17.44 −6.2% IVN 10.47 −2.9% MASS 0.090 +0.0% NTH 0.160 −3.0% LIF 26.48 −2.6% CPAU 0.155 +0.0% PTX 0.110 +0.0% VENT 0.160 +0.0% ANK 0.280 −3.5% ODV 3.27 −3.0% MINK 0.105 +0.0% ZEN 0.660 +3.1% LCE 0.250 +4.2% CBA 0.085 +0.0% SGU 0.040 +0.0% FG 0.035 +0.0% EFR 17.44 −6.2% IVN 10.47 −2.9% MASS 0.090 +0.0% NTH 0.160 −3.0% LIF 26.48 −2.6% CPAU 0.155 +0.0% PTX 0.110 +0.0% VENT 0.160 +0.0% ANK 0.280 −3.5% ODV 3.27 −3.0% MINK 0.105 +0.0% ZEN 0.660 +3.1% LCE 0.250 +4.2% CBA 0.085 +0.0% SGU 0.040 +0.0%
Drill Results Routine +

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

By The Northwire Desk — AI Analysis Apr 01, 2026 · 03:06 QQQ · 0.13 Questcorp Mining Inc.
QQQ · Price

Executive Summary

  • Questcorp Mining and partner Riverside Resources have launched a fully‑funded Phase 2 exploration program at the La Union Project in Sonora, Mexico.
  • The program will expand geological mapping, geochemistry, geophysics, structural analysis and prepare for follow‑up drilling slated for early summer 2026.
  • Recent Phase 1 results include a high‑grade 30 m interval (20.2 g/t Au, 226 g/t Ag) at Union Mine and a new sediment‑hosted gold discovery (42 m @ 0.3 g/t Au) at Luis Hill.

Key Details

  • Phase 1 Highlights (announced Jan 22 2026):
  • 30 m chip‑channel interval grading 20.2 g/t Au and 226 g/t Ag at Union Mine.

  • 42 m interval grading 0.3 g/t Au at Luis Hill, representing a new sediment‑hosted gold discovery.

  • Phase 2 Objectives:

  • Refine existing drill targets (sediment‑hosted gold, underground sampling at Union Mine).
  • Test lead‑zinc anomalies in the Famosa North area (first drill test).
  • Conduct structural mapping in the northern property with external consultants.
  • Evaluate additional sediment‑hosted gold targets in the eastern portion of the project.

  • Follow‑up drilling at Luis Hill on hole UND25‑9 intercept.

  • Field Activities:

  • Geological mapping, geochemical sampling, and geophysical surveys across four target areas.

  • Expanded aeromagnetic drone survey covering the entire property to aid target refinement.

  • Funding & Timeline:

  • Program is fully funded; field teams mobilized immediately.

  • Planned drilling campaign targeted for early summer 2026.

  • Land Position Update (Mar 18 2026):

  • Famosa mineral concessions consolidated into Riverside’s land package, enhancing district‑scale holdings and supporting Phase 2 work.

  • Qualified Person: R. Tim Henneberry, P.Geo., Director of Questcorp, reviewed and approved the technical content under NI 43‑101.

Notable Quotes

“The commencement of our Phase 2 program marks an important step in advancing the La Union Project… With a fully funded program now underway, we are focused on systematically refining existing targets while expanding our pipeline of new opportunities across the district.” – Saf Dhillon, President & CEO, Questcorp Mining

“We are pleased to have a fully funded exploration program and have immediately activated our team in the field…” – John‑Mark Staude, President & CEO, Riverside Resources Inc.

Read the original news release →

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