Northwire Canada EditionTuesday, November 3, 2026
Northwire
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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

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

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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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