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Questcorp Mining, Inc. ( (TSE:QQQ) ) has provided an update.
Questcorp Mining Inc. has entered into an option agreement to acquire a 100% interest in the La Union Project in Sonora, Mexico, in collaboration with Riverside Resources Inc. The project is a carbonate replacement deposit with promising polymetallic mineralization, including high-grade gold, silver, zinc, lead, and copper. The technical report highlights the potential for significant gold and polymetallic discoveries, suggesting further exploration and drilling to assess economic viability. This strategic move positions Questcorp to enhance its operations and potentially increase its stake in a region with active mining activities, offering promising opportunities for stakeholders.
More about Questcorp Mining, Inc.
Questcorp Mining Inc. operates in the mining industry, focusing on the exploration and development of mineral properties. The company’s primary focus is on carbonate replacement deposits, with a significant interest in polymetallic veins and replacement zones. Questcorp is actively working on projects in regions known for their mineral deposits, aiming to expand its portfolio and market presence.
YTD Price Performance: 233.33%
Average Trading Volume: 257,772
Technical Sentiment Signal: Strong Sell
For an in-depth examination of QQQ stock, go to TipRanks’ Stock Analysis page.