Core Viewpoint - Questcorp Mining Inc. is advancing its exploration efforts at the La Union Gold-Silver Project in Sonora, Mexico, in preparation for a drilling program scheduled for mid-August 2025 [1][2][3]. Group 1: Project Overview - The La Union Project spans 2,520 hectares and is characterized as a carbonate replacement deposit (CRD) hosted by Neoproterozoic sedimentary rocks overlying crystalline Paleoproterozoic rocks [5]. - The project features high-grade mineralization with notable grades of 59.4 grams per metric tonne (g/t) gold, 833 g/t silver, 11% zinc, 5.5% lead, and 2.2% copper, indicating significant potential for large gold discoveries [5]. Group 2: Exploration Activities - Surface exploration is ongoing, with the identification of multiple stacked thrust faults in the mineralized area, which may enhance the potential for mineralization [2][3]. - Rock and soil sampling is being conducted, with numerous samples sent for laboratory analysis, and results are expected in the coming weeks [4]. Group 3: Drilling Preparations - A 1,500-meter maiden drill program is set to commence in mid-August 2025, with drilling contractors touring the site and road maintenance underway [2][4]. - The management is focused on prudent financial management of exploration expenditures to de-risk the upcoming drilling program [2].

Core Insights - Silver North Resources Ltd. has reported successful results from the 2024 drilling campaign at the Tim Project, confirming the presence of a Carbonate Replacement Deposit (CRD) style system [2][6] - Coeur Silvertip Holdings, Ltd. is executing and funding the exploration under an option agreement, which allows Coeur to earn an initial 51% interest in the Tim Project, potentially increasing to 80% [1][8] - The best drill intercept from the 2024 program returned 3.39 meters of 52.8 g/t silver, 0.28 g/t gold, 0.11% lead, and 0.27% zinc [2][5] Exploration Details - The 2024 drilling program involved 2,250 meters of drilling across six holes, primarily targeting the Wolf Fault [3][6] - The program confirmed the presence of permissive host rocks, including the Rosella Formation Limestones, which are conducive to deposit formation [2][6] - Coeur plans to conduct follow-up drilling based on the 2024 drilling and geophysical data to identify potentially productive areas within the Tim CRD system [3][8] Financial and Operational Terms - Coeur is required to complete a minimum of $3.55 million in exploration expenditures and make cash payments totaling $275,000 to Silver North by December 31, 2026, to earn the initial 51% interest [8] - Coeur can increase its interest to 80% by making additional cash payments of $100,000 per year in 2027 and 2028, completing a positive feasibility study, and notifying Silver North of its intention to develop a mine by December 16, 2028 [8] Notable Drill Results - Five out of six holes successfully tested the Wolf Fault or its splays, with intersections ranging from approximately 0.5 to over 6.0 meters, showing anomalous silver, lead, zinc, and pathfinder elements [5][6] - TIM24-Pad01-001 intersected a massive pyrrhotite interval with blebs of scheelite and anomalous results for silver, gold, lead, zinc, bismuth, tellurium, and tungsten [5][6] Company Overview - Silver North's primary assets include the 100% owned Haldane Silver Project and the Tim Project, which is under option to Coeur Mining, Inc. [10] - The company is listed on the TSX Venture Exchange under the symbol "SNAG" and trades on the OTCQB market in the United States under the symbol "TARSF" [11]