Drill-Ready Mexican Gold Project with Only 15M Shares Outstanding | Questcorp with Saf Dhillon
In this interview at the Commodities Global Expo 2024, Saf Dhillon, President & CEO of Questcorp Mining Inc. (CSE: QQQ), provides insights into the company’s recent developments and his broader industry experience.
Dhillon begins by discussing Questcorp’s recent letter of intent with Riverside Resources for the La Union gold project in Mexico’s Sonora belt. The company plans to raise $1.5M CAD to advance this fully permitted, drill-ready project. Dhillon emphasizes Questcorp’s tight share structure, with only 15M shares outstanding and strong insider ownership, suggesting careful management of shareholder dilution.
The conversation then shifts to Dhillon’s involvement with iMetal Resources and their Gowganda West Project in Ontario’s Timmins camp. He highlights recent drilling success at this project, which has revealed promising gold intercepts.
Dhillon also shares his previous success story with US Geothermal Inc., where he helped grow the company from a $2M market cap to a $350M acquisition by a major producer.
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