Riverside Resources and Questcorp Chip-Channel Sample High Grade Gold-Silver 30m @ 20 g/t Gold and 226 g/t Silver and Announce Drill Results from Union Project

Core Insights - Riverside Resources Inc. and Questcorp Mining Inc. reported high-grade results from the Union Mine area, including 20.2 g/t Au and 226 g/t Ag with 2.7% Zn over a 30 m continuous chip-channel sampling [1][4][5] - The results from the Phase 1 drill program indicate successful intersections of CRD-style mineralization across multiple target areas, reinforcing the potential for further exploration [3][5][21] Chip-Channel Sampling and Drill Results - The chip-channel sampling at the Union Mine returned significant grades, supporting the potential for follow-up exploration and drilling from both surface and upper mine workings [4][5] - The full assay results from the 30 m channel sampling indicate a total of 202 g of gold, 2,257 g of silver, and 26,720 g of zinc [6][20] - The Phase 1 drill program included 12 holes, with the final six holes reporting positive results across the Union Mine, Union Norte, and El Cobre target areas [5][20] Geological Context and Comparisons - The mineralization found at the Union Project is comparable to the CRD systems in the region, particularly the Hermosa Project, where South32 is investing significantly [4][5] - The sediment-hosted gold indicators found in the Union Mine area suggest potential for further discoveries, similar to those in Nevada's Carlin deposits [15][22] Future Exploration Plans - The companies plan to initiate a Phase 2 exploration program in the first half of 2026, which will include follow-up drilling and additional geophysical and geochemical studies [23][25] - The Luis Hill target has shown promising results, indicating the potential for a major new discovery in Mexico, with further drilling planned to explore this area [15][16][24] Company Background - Riverside Resources Inc. is a well-funded exploration company with a strong portfolio of gold-silver and copper assets, holding over C$6,000,000 in cash and no debt [29]