Questcorp Mining Receives Permit Exemption for IP Survey at North Island Copper

Core Viewpoint - Questcorp Mining Inc. has received a permit exemption to conduct a 10 to 15 line km induced polarization (IP) survey at its North Island Copper project, indicating progress in exploration efforts in British Columbia [1]. Group 1: Exploration and Survey Details - The North Island Copper project spans 1,168 hectares and is located near Port Hardy on Vancouver Island, British Columbia [1]. - Historical exploration in the 1990s included a 12.3-line km IP survey that identified a chargeability anomaly at the Marisa Zone, followed by a diamond drilling program that revealed copper values of 0.078% over 56.39 meters and 0.041% over 70.71 meters [2]. - Questcorp plans to build on these historical results with modern geophysical equipment and data processing, having received quotes from three geophysical contracting firms for the updated survey [3][4]. Group 2: Industry Context and Potential - The exploration results from NorthIsle Copper and Gold Inc., located 15 km to the west, highlight the exploration potential of the area, which also includes the past-producing Island Copper Mine [3]. - The Marisa Zone's strong historic IP signature and limited drilling results suggest significant potential for further exploration [3]. Group 3: Company Overview - Questcorp Mining is focused on acquiring and exploring mineral properties in North America, aiming to develop economic precious and base metals properties [6]. - The company holds options to acquire a 100% interest in the North Island copper property and the La Union project in Sonora, Mexico, both subject to royalty obligations [6].