Questcorp Mining completes IP survey at North Island

Executive Summary

• Questcorp Mining completed a 12.8 km induced polarization (IP) survey over the Marisa zone of its North Island copper project.
• The new geophysical data will be integrated with historic 1992 IP results to produce a 3‑D inversion model that will guide future drill target selection.
• Pending interpretation and permitting, the company plans to commence a drill program in late H1 2026 or early H2 2026.

Key Details

• Survey Scope: 12.8 line kilometres of IP data collected across the 1,168‑hectare Marisa zone (North Island copper project, Vancouver Island, BC).
• Data Integration: Peter E. Walcott and Associates Ltd. will merge the new 2026 IP dataset with the historic 1992 survey to create a comprehensive 3‑D inversion model.
• Historical Drill Results (1992):
• DDH92‑01 – 0.078 % Cu over 56.39 m.
• DDH92‑03 – 0.041 % Cu over 70.71 m, with grades increasing at depth.
• Interpretation Timeline: Technical team reviewing data; detailed interpretation to be released after evaluation is complete.
• Future Plans: Targeted permitting for a drill program anticipated for late first half or early second half of 2026, contingent on final IP interpretation and regulatory timelines.
• Qualified Person Review: Technical content approved by R. Tim Henneberry, P.Geo., director and qualified person under NI 43‑101.

Notable Quotes

“This recently completed IP survey represents an important step in advancing the Marisa zone target,” said Saf Dhillon, President and CEO. “The survey has successfully confirmed the presence of the historical chargeability anomaly… we expect to refine potential drill targets and move toward a drill program later in 2026.”