FULL DISCLOSURE: Canacom Group is long the equity of Questcorp Mining.
Questcorp Mining (CSE: QQQ) has cleared what may be the last technical hurdle standing between it and the drill bit at its La Union gold silver project in Mexico, wrapping up an expanded induced polarization survey designed to sharpen targets ahead of a fully funded Phase 2 drill program.
The company ran five IP lines across high priority areas pieced together from recent geological mapping, underground mine work and its 2026 field campaign. Questcorp framed the survey as the final stage of target refinement before drilling begins.
Coverage over the Union Mine area flagged conductive zones lining up with past drilling and known mineralization, while also pointing to possible extensions beyond historically tested ground. The northern part of the property was also surveyed for the first time, throwing up several fresh geophysical targets headed for evaluation in the coming campaign.
The IP work also tightened the company’s read on the structural and geological controls behind both carbonate replacement-style mineralization and the sediment-hosted gold targets emerging across the wider property.
RELATED: Questcorp Wraps Expanded Drone Survey at La Union as Summer Drilling Approaches
“The completion of this IP survey marks an important milestone as we move into what we believe will be the most exciting phase in the evolution of the La Union Project,” said President and Chief Executive Officer Saf Dhillon. He added that successive layers of work “continue to point toward a larger mineralized system than originally recognized.”
The IP program follows an expanded drone aeromagnetic survey completed in May, which added 248 line kilometres of coverage and improved imaging of structures beneath post-mineral cover. That dataset, paired with the new geophysics, rounds out the picture as crews finish drill roads and pads ahead of mobilization expected in the weeks ahead.
Questcorp Mining last traded at $0.11 on the CSE.
FULL DISCLOSURE: Canacom Group, the parent company of The Deep Dive is long the equity of Questcorp Mining. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
