Riverside and Questcorp Launch La Union Phase 2
Analysis based on 19 articles · First reported Apr 01, 2026 · Last updated Apr 01, 2026
The commencement of Phase 2 exploration at the La Union Project by Riverside Resources and Questcorp Mining is expected to positively impact the mining sector, particularly for precious and base metals. Successful exploration could lead to increased stock prices for both companies and potentially attract further investment in the region's mining industry.
Riverside Resources and Questcorp Mining have commenced their Phase 2 exploration program at the La Union Project in Mexico===Sonora, Mexico. This program builds on the success of Phase 1, which included a new sediment-hosted Gold discovery at Luis Hill and high-grade Gold and Silver intervals at the Union Mine. Phase 2, fully funded by Questcorp Mining, involves geological mapping, geochemistry, geophysics, and structural analysis across four main target areas. The objectives include follow-up on sediment-hosted Gold targets, additional underground sampling at the Union Mine, and Carbonate Replacement Deposit (CRD) targeting at the Famosa North area. An expanded aeromagnetic drone survey is also underway to refine drill targets for a planned drilling program in early summer 2026. The Famosa mineral concessions were recently consolidated into Riverside Resources' land package, strengthening the project's foundation. The project aims to evaluate CRD, sediment-hosted Gold, and structurally controlled Gold mineralization styles.
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