Questcorp Mining and Riverside Resources Chip Channel Sample 30 Meters @ 20 g/t Gold and 226 g/t Silver at the Mexican Union Project

Core Insights - Questcorp Mining Inc. and Riverside Resources Inc. reported high-grade mineralization results from the La Union Project in Sonora, Mexico, including 20.2 g/t gold and 226 g/t silver over a 30 m continuous chip channel sample [1][3][4] - The Phase I exploration program has successfully supported the Carbonate Replacement Deposit (CRD) model and identified new sediment-hosted gold mineralization at the Luis Hill target [3][4][21] Exploration Results - The 30 m continuous chip channel sampling at the Union Mine area returned significant grades of 20.2 g/t gold, 226 g/t silver, and 2.7% zinc, indicating strong mineralization potential [1][7][8] - The total gold and silver represented by the sampling is 600 gram-metres gold and 6,780 gram-metres silver, reinforcing the project's viability [4][7] - The drilling program intersected CRD-style mineralization with favorable indications of zinc, silver, gold, and lead, consistent with historical mining in the region [7][19] Geological Context - The La Union Project's geological model is based on the South32 Taylor deposit, with drilling intersecting gold, zinc, and silver indications that suggest a major discovery potential [28] - The Luis Hill target has revealed previously unrecognized Carlin-like sediment-hosted gold mineralization, with a significant interval of 42 m at 0.3 g/t gold [20][21] Future Plans - The companies plan to organize a Phase 2 exploration program in H1 2026, focusing on follow-up drilling and additional geophysical and geochemical studies [30][31] - The encouraging results at both the Union Mine and Luis Hill warrant significant further exploration and drilling efforts [30][31] Company Background - Questcorp Mining Inc. is focused on acquiring and exploring mineral properties in North America, with a particular emphasis on precious and base metals [34] - The company holds an option to acquire a 100% interest in the La Union project, which spans 2,520.2 hectares in Sonora, Mexico [34]