Questcorp Mining Provides Update on Its Maiden Drill Program at La Union

Core Insights - Questcorp Mining Inc. has provided an update on its Phase I drilling program at the La Union Gold and Silver project in northwest Sonora, Mexico, indicating positive exploration results so far [1][2] Group 1: Drilling Program Update - The drilling program has completed holes in two of the four target areas, with the initial hole intersecting favorable formations beneath the historic Union Mine [1][7] - Drilling has shifted focus to the Famosa Target, with the Mexico Mining Ministry approving several permits to support environmentally and socially conscious mineral exploration practices [2][7] Group 2: Geological Findings - The drilling has revealed more quartzite than expected, which is favorable for fracture-controlled mineralization, and the presence of hematitic oxides may indicate potential oxide gold mineralization [2][7] - The initial hole intersected the carbonaceous Clemente and Caborca formations, which previously hosted mineralization at the Union Mine [7] Group 3: Company Overview - Questcorp Mining is focused on acquiring and exploring mineral properties in North America, with interests in the North Island copper property and the La Union project, totaling 1,168.09 hectares and 2,520.2 hectares respectively [4]