What's Happening?
Questcorp Mining Inc. and Riverside Resources Inc. have commenced a maiden drilling program at the La Union Gold & Silver Project in Sonora, Mexico. The program aims to expand known zones of mineralization and test new targets within the 25 km² project area. The drilling will consist of over 1,500 meters of diamond core drilling across six holes, targeting carbonate-hosted replacement deposits. The project is focused on evaluating the scale of alteration and indications of a mineralized system, with the potential for significant gold discoveries.
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Why It's Important?
The commencement of drilling at the La Union Project marks a significant step in the exploration and potential development of one of the most promising undeveloped base-metal assets in the region. The project could lead to substantial economic benefits, including job creation and increased investment in the mining sector. The exploration targets have the potential for large-scale discoveries, which could enhance the project's value and attract further investment.
What's Next?
The initial drilling program will focus on orientation purposes, with follow-up drilling planned based on initial results. The exploration efforts will aim to verify the stratigraphy, lithologies, and structural features, allowing for improved modeling and next-stage discovery targeting. Questcorp and Riverside Resources will continue to collaborate on the project, with further exploration contingent on results and continued participation.
