Riverside, Questcorp Launch La Union Phase 2
Analysis based on 16 articles · First reported Apr 01, 2026 · Last updated Apr 01, 2026
The commencement of the Phase 2 exploration program at the La Union Project by Riverside Resources and Questcorp Mining is expected to positively impact the stock prices of both companies due to the potential for new gold, silver, zinc, and lead discoveries. Continued successful exploration could increase the value of their mineral assets and attract further investment in the mining sector, particularly for precious and base metals.
Riverside Resources and Questcorp Mining have commenced their Phase 2 exploration program at the La Union Project in Mexico — Sonora, Mexico. This program follows a successful Phase 1, which included a new sediment-hosted gold discovery at Luis Hill (42m grading 0.3 g/t gold) and high-grade chip-channel intervals at the Union Mine (30m grading 20.2 g/t gold and 226 g/t silver). Questcorp Mining is funding Phase 2, which involves geological mapping, geochemistry, geophysics, and structural analysis across four main target areas. The objectives include follow-up on sediment-hosted gold targets, additional sampling at the Union Mine, CRD targeting at Famosa North for lead and zinc anomalies, and structural geology work. An expanded aeromagnetic drone survey is also underway to refine drill targets for a planned drilling program in early summer 2026. Riverside Resources has also consolidated the Famosa mineral concessions into its land package, strengthening the project's foundation.
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