# Questcorp and Riverside Make New Gold Discovery in Initial Drill Results from Luis Hill and Famosa Targets at Union Project, Sonora, Mexico

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/questcorp-and-riverside-make-new-gold-discovery-in-initial-drill-results-from-lu--8b804854-14ec-4b3e-845e-0a138b3b990b

Original source: https://finance.yahoo.com/news/questcorp-riverside-gold-discovery-initial-050100723.html

Publisher: yahoo\_press

Original announcement: 2026-01-13T05:01:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-22T03:44:29.558Z

Atlas analysis updated: 2026-09-22T03:44:29.558Z

- Company: Questcorp Mining Inc.

- Ticker: QQQ

- Exchange: CSE

- Region: Sonora, Mexico

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results

- Extracted: 2026-09-22 03:44:30 UTC

Narrative sentiment: 0.30 · Bullish

## Minestarters Atlas summary

Questcorp Mining Inc. has announced a new gold discovery at the Luis Hill target within the La Union Project in Sonora, Mexico. Initial drilling returned a 42m intercept at 0.3 g/t gold, indicating potential Carlin-like mineralization.

Reasoning: Initial drill results confirm a new discovery of potential Carlin-like gold mineralization, though the reported intercept is low grade \(0.3 g/t Au\).

- Positive factor: new discovery

- Positive factor: Carlin-like mineralization

- Negative factor: low grade

Facts used in scoring: 1

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The release describes a 'new discovery' at the Luis Hill target.

Evidence · text

> announce a new discovery of potential Carlin-like gold mineralization

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Drill Results (1)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/questcorp-and-riverside-make-new-gold-discovery-in-initial-drill-results-from-lu--8b804854-14ec-4b3e-845e-0a138b3b990b#fact-drill-facts-0)

La Union · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: La Union
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: QQQ

#### Geometry

- Grade: 0.3
- Grade Unit: g/t
- Intercept: 42 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-13T00:00:00.000Z

Reasoning: The intercept is a new discovery but the grade of 0.3 g/t Au is at the lower end of economic significance for most gold systems.

- Positive factor: new discovery

- Negative factor: low grade

Evidence · text

> returned a 42m @ 0.3 g/t gold drill-width

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.