Questcorp Mining Continues Exploration in Advance of Drilling at the La Union Gold & Silver Project in Mexico

Questcorp Mining Continues Exploration in Advance of Drilling at the La Union Gold & Silver Project in Mexico

Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the "Company" or "Questcorp") is pleased to further update shareholders on the on-going surface exploration in preparation for drilling at the La Union Gold-Silver Project in Sonora, Mexico. Questcorp has an option to earn a 100% interest from Riverside Resources Inc. ("Riverside") in the 2,520 ha (25 km sq) property by making a series of cash payments and share issuance and incurring exploration expenditures.

Questcorp President & CEO, Saf Dhillon stated "The Riverside technical team continues to de-risk the upcoming 1500 metre mid-August maiden drill program through detailed surface mapping and sampling. The discovery of multiple stacked thrust faults in the main mineralized area has significantly enhanced the potential of the project. Management continues to be impressed with the excellent work and progress being made with prudent management of exploration dollars".

Riverside continues with surface exploration in advance of the mid-August diamond drill program. The key finding of the work to date has been the identification of stacked thrust faults in the mineralized area which may significantly enhance host rock volume and mineralization potential. Mapping has also identified previously unmapped intrusive bodies within the property which may act as additional sources of mineralized fluids and subsequently addition potential manto type mineralization.

Rock and soil sampling continues with numerous samples dispatched to the laboratory for analysis. Results are expected in the coming weeks. Drilling contractors have toured the site with the contract soon to be finalized. A bulldozer has commenced road maintenance in preparation for the drill program.

The La Union Project

The La Union Project is a carbonate replacement deposit ("CRD") project hosted by Neoproterozoic sedimentary rocks (limestones, dolomites, and siliciclastic sediments) overlying crystalline Paleoproterozoic rocks of the Caborca Terrane. The structural setting features high-angle normal faults and low-to-medium-angle thrust faults that sometimes served as mineralization conduits. Mineralization occurs as polymetallic veins, replacement zones (mantos, chimneys), and shear zones with high-grade metal content, as shown in highlight grades of 59.4 grams per metric tonne (g/t) gold, 833 g/t silver, 11% zinc, 5.5% lead, 2.2% copper, along with significant hematite and manganese oxides, consistent with a CRD model (see the technical report entitled "NI 43-101 Technical Report on the Union Project, State of Sonora, Mexico" dated effective May 6, 2025 available under Questcorp's SEDAR+ profile). These targets also demonstrate intriguing potential for large gold discoveries potentially above an even larger porphyry Cu district potential as the Company's target concept at this time.

Questcorp cautions investors that grab samples are selective by nature and not necessarily indicative of similar mineralization on the property.

The technical and scientific information in this news release has been reviewed and approved by R. Tim Henneberry, P. Geo (BC), a director of the Company and a "qualified person" under National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

About Questcorp Mining Inc.

Questcorp Mining Inc. is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The Company holds an option to acquire an undivided 100% interest in and to mineral claims totaling 1,168.09 hectares comprising the North Island Copper Property, on Vancouver Island, British Columbia, subject to a royalty obligation. The Company also holds an option to acquire an undivided 100% interest in and to mineral claims totaling 2,520.2 hectares comprising the La Union Project located in Sonora, Mexico, subject to a royalty obligation.

Contact Information

Questcorp Mining Corp.

Saf Dhillon, President & CEO

Email: saf@questcorpmining.ca
Telephone: (604) 484-3031

This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to Riverside's arrangements with geophysical contractors to undertake orientation surveys and follow up detailed survey to confirm and enhance the drill targets. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the ability of Riverside to secure geophysical contractors to undertake orientation surveys and follow up detailed survey to confirm and enhance the drill targets as contemplated or at all, general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that the geophysical surveys will be completed as contemplated or at all and that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/259884

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Gold and copper exploration in historic, past-producing regions in Canada and Mexico

Questcorp Mining Provides Update on Its Maiden Drill Program at La Union

Questcorp Mining Provides Update on Its Maiden Drill Program at La Union

Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the "Company" or "Questcorp") is pleased to provide an update on the Phase I drilling program at its La Union Gold and Silver project in northwest Sonora, Mexico. Drill holes have now been completed at two of the 4 target areas:

  • The initial hole was completed beneath the historic Union Mine itself, intersecting the favourable carbonaceous Clemente and Caborca formations, including the microconglomeratic carbonate unit which hosted mineralization at the bottom of the past producing Union Mine.
  • Drilling then shifted focus to the El Cobre Mine area and the Union Norte Mine area, testing vertical feeder zones above the Clemente formation dolomites and carbonaceous sandstones. Hole two intersected more quartzites than interpreted from the geophysics, with the quartzites carrying more extensive hematitic oxides, possibly indicative of oxide gold mineralization potentially related to sulfides which have been oxidized through supergene weathering.

Saf Dhillon, President and Chief Executive Officer, states: "The drilling is indicating oxidation is consistent with past mining and targets are coming along with a positive exploration drilling so far. The drilling is intersecting more quartzite than expected which is favorable for fracture-controlled mineralization. The Riverside operations team is progressing the current exploration program working with the surface rancher and the drilling company to efficiently progress a high-quality exploration program."

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Questcorp Mining Receives Permit Exemption for IP Survey at North Island Copper

Questcorp Mining Receives Permit Exemption for IP Survey at North Island Copper

Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the "Company" or "Questcorp") is pleased to announce it has received a permit exemption under the British Columbia Mines Act to undertake a 10 to 15 line km induced polarization (IP) survey at the Company's 1,168 hectare North Island Copper project near Port Hardy on Vancouver Island, British Columbia.

Surface sampling and a preliminary 12.3-line km Induced Polarization (IP) survey in the 1990's identified an interesting chargeability anomaly at the historic Marisa Zone that was followed up by a five hole, 376.43 diamond drilling program. Two of the five holes hit interesting copper values including down hole intervals of 0.078% copper over 56.39 metres in DDH92-01 and 0.041% copper over 70.71 metres in DDH92-03 in an altered quartz diorite. Copper grades were increasing with depth in DDH92-03. The Company plans to follow up these historic results.

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Questcorp Mining Completes 25 Percent of Maiden Drilling Program at the La Union Gold & Silver Project in Mexico

Questcorp Mining Completes 25 Percent of Maiden Drilling Program at the La Union Gold & Silver Project in Mexico

Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the "Company" or "Questcorp") is pleased to announce they have completed 25% of the planned drilling program on its La Union Project in northwest Sonora, Mexico. This work is being carried out by property vendor and operator Riverside Resources Inc. (TSXV: RRI).

Highlights

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Questcorp Mining and Riverside Resources Announce Commencement of Maiden Drilling Program at the La Union Gold & Silver Project in Mexico

Questcorp Mining and Riverside Resources Announce Commencement of Maiden Drilling Program at the La Union Gold & Silver Project in Mexico

Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the "Company" or "Questcorp") is pleased to announce that drilling has commenced on its La Union Project in northwest Sonora, Mexico. This work is being carried out by property vendor and operator Riverside Resources Inc. (TSXV: RRI).

Highlights

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Questcorp Mining Taps National Inflation Association for Marketing & Investor Outreach Campaign

Questcorp Mining Taps National Inflation Association for Marketing & Investor Outreach Campaign

Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) ("Questcorp" or the "Company") is excited to announce a strategic engagement with GRA Enterprises LLC, operating as the National Inflation Association ("NIA"), to deliver a dynamic marketing and communications campaign aimed at boosting investor awareness and market visibility.

Under the terms of the agreement (the "NIA Agreement"), which commences July 28, 2025, Questcorp will pay a one-time fee of US$30,000 for a three-month initial campaign, with the option for renewal. The NIA will leverage its expansive distribution channels-including targeted email lists, website features, and blog content-to highlight Questcorp's compelling growth story and project developments.

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Finlay Minerals completes Field Work on Newly Identified Geophysical Targets on the SAY and JJB Properties

Finlay Minerals completes Field Work on Newly Identified Geophysical Targets on the SAY and JJB Properties

finlay minerals ltd. (TSXV: FYL,OTC:FYMNF) (OTCQB: FYMNF) ("Finlay" or the "Company") is pleased to announce that the results from airborne magnetic surveys conducted over the SAY and JJB properties (refer to Figure 1 ), have identified significant northwest- and northeast-trending structures. These structures resemble those found in the Toodoggone area of British Columbia which is recognized for its potential to host larger porphyry and epithermal deposits. A total of 1,900 kilometres ("km") of airborne magnetic survey data was collected over the two properties.

Follow-up groundwork at the SAY property focused on the IFT target, where a large circular magnetic anomaly, measuring 2.5 km by 2.5 km, was identified. This anomaly displays geophysical signatures similar to those observed in other copper porphyry deposits. Additionally, a second kilometre-scale target, known as Ozzy, was identified. Ozzy is located at the intersection of a northeast-trending magnetic anomaly and a northwest-trending magnetic anomaly. Further follow-up work is planned for both targets.

The SAY property was acquired in 2024, and an inaugural field program concentrated on chip sampling and mapping along the 4.3-kilometer-long SPUR Trend last summer. This effort led to the discovery of the 200 m x 200 m copper-silver mineralized AG Zone and confirmed the continuity of high-grade copper-silver mineralization at the Spur Target.  Chip sampling at the AG Zone included 9.5 metres of 0.94% Cu and 18.1 g/t Ag . (1)

The JJB property was staked in February, 2025 for its porphyry potential. Three main copper showings—Squingula, Quin, and Pat—have been identified. Squingula and Quin are located near an Eocene intrusion on the western side, and show a coincident magnetic high linked to a multi-element geochemical anomaly from limited sampling. This summer, fieldwork focused on the PAT target, one of three potential targets. This work aimed to evaluate the similarities between the high-grade copper-silver mineralization found at JJB and the SPUR/AG targets within the SAY Property.

SAY & JJB Project Highlights:

SAY 2025 Program :

JJB 2025 Program :



•       Over 1,200 line-km of airborne magnetics

•       Completion of Finlay's inaugural field program



•       Completion of property-wide LiDAR survey

•       Completion of property-wide LiDAR survey



•       Completion of satellite mineral alteration survey (PhotoSat)

•       Completion of satellite mineral alteration survey (PhotoSat)



•       84 rock samples collected

•       700 line-km of airborne magnetics



•       307 soil samples collected

•       18 rock samples collected



•       275 biogeochemistry samples collected

•       35 soil and talus samples collected

Processing of the LiDAR and satellite mineral alteration data is on-going.  All field samples have been submitted to the laboratory for analysis with results pending.

Situated in the underexplored Bear Lake corridor, the SAY and JJB projects are part of a 135-kilometre geological corridor that includes American Eagle Gold's NAK project, as well as Amarc Resources and Boliden Mineral Canada's DUKE copper-molybdenum-silver-gold prospects.

PIL and ATTY Project Updates:

Exploration work at the PIL and ATTY Toodoggone projects is on-going and anticipated to be completed within the next two weeks with continued induced polarization geophysical surveys. The PIL and ATTY work is fully funded by Freeport-McMoRan Mineral Properties Canada Inc. under their respective Earn-In Agreements (2) with Finlay acting as the operator.

References:

  1. Finlay news release NR13-24 dated November 20, 2024 entitled: " Finlay Minerals samples 1.17% Cu and 103.5 g/t Ag across 21.7 meters of a Continuous Chip Sample on the SAY Property ".

  2. Finlay news releases NR03-25 dated April 17, 2025 entitled: " Finlay Minerals Enters into Earn-In Agreements with Freeport for its PIL & ATTY Properties " and NR 05-25 dated May 2, 2025 and entitled: " Finlay Minerals Receives TSX Venture Exchange Approval for PIL Earn-In Agreement. "

Qualified Person:

Wade Barnes , P. Geo. and Vice President, Exploration for Finlay Minerals and a qualified person as defined by National Instrument 43-101, has approved the technical content of this news release.

About finlay minerals ltd.

Finlay is a TSXV company focused on exploration for base and precious metal deposits through the advancement of its ATTY, PIL, JJB, SAY and Silver Hope Properties; these properties host copper-gold porphyry and gold-silver epithermal targets within different porphyry districts of northern and central BC. Each property is located in areas of recent development and porphyry discoveries with the advantage of hosting the potential for new discoveries.

Finlay trades under the symbol "FYL" on the TSXV and under the symbol "FYMNF" on the OTCQB. For further information and details, please visit the Company's website at www.finlayminerals.com

On behalf of the Board of Directors,

Robert F. Brown ,
Executive Chairman of the Board

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information: This news release includes certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements.  Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements in this news release include statements regarding, among others, the exploration plans for the Properties. Although Finlay believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These forward-looking statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay's proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements, and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law.

SOURCE finlay minerals ltd.

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Copper Quest Acquires the Nekash Copper-Gold Porphyry Project in Idaho, USA

Copper Quest Acquires the Nekash Copper-Gold Porphyry Project in Idaho, USA

// Not for distribution to the United States newswire services or for dissemination in the United States //

Copper Quest Exploration Inc. (CSE: CQX; OTCQB: IMIMF; FRA: 3MX) (" Copper Quest " or the " Company ") is pleased to announce that it has closed the previously announced acquisition of the Nekash Copper-Gold Porphyry Project (" Nekash " or the " Project ") located in Lemhi County, Idaho, United States. This acquisition marks an important milestone in the Company's strategy to build a portfolio of highly prospective copper assets across North America.

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Silver47 Announces Grant of Stock Options and Restricted Share Units

Silver47 Announces Grant of Stock Options and Restricted Share Units

Silver47 Exploration Corp. (TSXV: AGA,OTC:AAGAF) (OTCQB: AAGAF) ("Silver47" or the "Company") announces that it has granted an aggregate of 5,300,000 incentive stock options (the "Options") and 180,000 Restricted Share Units ("RSUs") to certain directors, officers and consultants of the Company in accordance with the Company's omnibus security based compensation plan. The Options are exercisable at a price of C$0.78 and will expire five years from the date of grant and will vest on the date of grant. The RSUs will vest over two years starting on the first anniversary of grant.

About Silver47 Exploration

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Group Eleven Drills 6.5m of 217 g/t Ag and 0.34% Cu; and 2.6m of 19 g/t Ag, 1.07% Cu and 0.14% Sb, Confirming Deeper Cu-Ag  Mineralization at Ballywire

Group Eleven Drills 6.5m of 217 g/t Ag and 0.34% Cu; and 2.6m of 19 g/t Ag, 1.07% Cu and 0.14% Sb, Confirming Deeper Cu-Ag Mineralization at Ballywire

Group Eleven Resources Corp. (TSXV: ZNG,OTC:GRLVF) (OTCQB: GRLVF) (FSE: 3GE) ("Group Eleven" or the "Company") is pleased to announce results from its first hole testing the 'Deeper Cu-Ag Target' at its Ballywire discovery ("Ballywire") at the 100%-owned PG West Project ("PG West"), Republic of Ireland.

Highlights:

  • 25-3552-40 (filling a 160m gap in previous drilling, while testing the discovery horizon at the base of the Waulsortian Limestone and 250m below it) intersected intermittent mineralization over 240m, including:
    • Cu-Ag Intercept (hosted within the base of the Waulsortian Limestone)
    • 11.4m of 139 g/t Ag and 0.23% Cu (starting from 340.0m downhole), including
    • 6.5m of 217 g/t Ag and 0.34% Cu, including
    • 0.7m of 654 g/t Ag and 0.96% Cu and
    • 0.7m of 1,165 g/t Ag and 1.89% Cu
    • Cu-Ag Intercepts (at the 'Deeper Cu-Ag Target,' below the Waulsortian Limestone)
    • 2.8m of 26 g/t Ag and 0.39% Cu, (from 441.3m downhole), including
    • 1.8m of 34 g/t Ag and 0.53% Cu, including
    • 0.2m (17cm) of 148 g/t Ag and 2.59% Cu, and
    • 17.9m of 10 g/t Ag and 0.37% Cu, (from 516.9m downhole), including
    • 4.7m of 13 g/t Ag, 0.71% Cu and 0.09% Sb, including
    • 2.6m of 19 g/t Ag, 1.07% Cu and 0.14% Sb
  • Results confirm presence of Cu-Ag (Sb) mineralization in the 'Deeper Cu-Ag Target' below the base of the Waulsortian Limestone, in line with Group Eleven's exploration model
  • Two follow-up holes, to the NNW and SSE of the above hole, respectively, are underway
  • Cu-Ag (and locally Sb) mineralization consists of chalcopyrite and suspected tennantite-tetrahedrite occurring as disseminated mineralization and/or within calcite veins; mineralization appears to be related to a south-dipping fault zone (pierced by today's drill hole) which is associated with Zn-Pb-Ag mineralization stratigraphically higher up (at the base of the Waulsortian Limestone)

"This is the first test of our hypothesized 'Deeper Cu-Ag Target' and we are thrilled that it has borne fruit," stated Bart Jaworski, CEO. "With a viable new Cu-Ag target below our existing Zn-Pb-Ag horizon, our exploration potential has essentially doubled. We are gearing up to expand on this deeper discovery not only up and down dip, but also along our 2.6km-long strike-length of robust zinc mineralization pierced by drilling to date. As per our nearby geological analogues at Gortdrum, Denison and Tullacondra, fault-controlled Cu-Ag mineralization tends to strengthen with increased shattering along the structure. Further drilling at the 'Deeper Cu-Ag Target' will aim to identify these features. With three rigs turning each on excellent targets at Ballywire, a fourth rig likely to be added soon and a recently bolstered cash position, Group Eleven is poised to keep generating shareholder value through the drill bit for the foreseeable future."

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Exhibit 1. Cross Section of Deeper Cu-Ag Target Showing Hole 25-3552-40

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Note: *Fence of holes G11-3552-25 to -31 is projected 60m onto the section plane; true thickness of intervals in 25-3552-40 as a percentage of down-hole interval, is estimated to be 80-100% (taking into account variability of vein orientations).

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Exhibit 2. Plan Map of Ballywire Discovery Showing New Drilling and Location of Above Section

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Note: Hole 25-3552-38 returned trace sphalerite and galena over approx. 12m, near the base of the Waulsortian Limestone

Ballywire Drill Update

The Ballywire prospect at the Company's 100%-owned PG West Project in Republic of Ireland, represents the most significant mineral discovery in Ireland in over a decade. First announced in Sept-2022, the discovery has 59 holes drilled and reported by Group Eleven to date, including the most recent three holes (25-3552-38, -40 and -41) reported today (see Exhibits 1 to 4). Drilling to date at Ballywire has pierced robust mineralization over a 2.6km strike-length, along a prospective trend of over 6km (defined by four regional gravity-high anomalies, only one of which has been systematically drill tested to date; see Exhibit 4).

Today's results from hole 25-3552-40 confirm that Cu-Ag mineralization exists below the base of the Waulsortian Limestone, in line with Group Eleven's 'Deeper Cu-Ag Target' exploration model. Assay results are summarized in Exhibit 3. In addition to the description above, it is noteworthy that at least one large (19cm wide) tennantite-tetrahedrite-bearing calcite vein is bedding parallel, whereas other similar but narrower veins tend to be more irregular in orientation.

Two additional holes have been released today. Holes 25-3552-38 and -41, drilled 1.3km to the NE, near gravity-high anomaly 'D' (see Exhibits 2 and 4), also returned significant results.

Hole 25-3552-41 intersected what is interpreted as oxidized massive sulphide mineralization within a fault zone. Despite being highly weathered, the interval returned highly anomalous metal concentrations: (i) 7.9m of 0.74% Zn+Pb (0.57% Zn and 0.17% Pb) and 7.4 g/t Ag (starting at 229.5m downhole), including 0.9m of 2.87% Zn+Pb (2.43% Zn and 0.44% Pb) and 35.9 g/t Ag; and (ii) 12.0m of 0.13% Zn+Pb (0.06% Zn and 0.07% Pb) and 3.3 g/t Ag (starting at 258.2m downhole), including 1.1m of 0.55% Zn+Pb (0.21% Zn and 0.34% Pb) and 18.6 g/t Ag. These intervals (7.9m and 12.0m) contained weathered-out cavities totalling 19% and 40% of their respective downhole lengths (assumed 'nil' grade in the above weighted-average calculations). It is possible that these cavities represent evidence of preferential weathering due to original high levels of mineralization (e.g. massive sulphide). Hole 25-3552-38 returned trace sphalerite and galena (from approx. 231-244m downhole) near the base of the Waulsortian Limestone, also suggesting proximity to higher-grade mineralization.

Follow up drilling will resume at this locality once drill permits are received for the adjacent area, allowing more flexibility to systematically test the entire 'Anomaly D' target. This is the Company's first test of this target area and given the above results, exploration potential has been confirmed. Today's results, combined with: (a) mineralized historic hole 99-3352-5, (b) two shallow historic holes with abundant calcite (similar to calcite bodies associated with the massive sulphide at the discovery trend) and (c) the presence of the 'D' gravity anomaly itself (see Exhibit 4), add significantly to the prospectivity of this target.

Overall, three rigs are currently drilling at Ballywire, with a fourth rig expected soon. One rig continues to drill a fence of holes collared 200m east of hole G11-3552-08 (see Exhibit 2), testing for the easterly continuation of the mineralized trend. The second and third rigs are drilling along the section of holes containing G11-468-01 and 00-468-5 (see Exhibit 2) to test for a SW continuation of high-grade mineralization towards gravity-high anomaly 'B'. Depending on results, the next fence of drilling testing the 'Deeper Cu-Ag Target' may be from this section. The fourth rig is likely to be geared towards reconnaissance drilling further outboard of the current mineralized corridor.

Currently, twelve (12) new holes are completed or nearly completed (and in the process of being logged, sampled and assayed) as shown in Exhibit 2 (specifically, two holes near 25-3552-40; three holes near hole G11-3552-19; four holes collared approx. 200m NNW of G11-3552-08; and three holes on the drill fence hosting G11-468-01).

Exhibit 3. Summary of Assays from 25-3552-40 at Ballywire

Item From 
(m)
To 
(m)
Int 
(m)
Zn 
(%)
Pb 
(%)
Zn+Pb 
(%)
Ag 
(g/t)
Cu
(%)
Sb
(%)
25-3552-40 311.91 358.83 46.92 0.33 0.11 0.44 35.7 0.06 -
Incl. 339.96 351.35 11.39 0.66 0.22 0.88 138.8 0.23 0.02
Incl. 339.96 346.43 6.47 0.73 0.22 0.94 217.4 0.34 0.03
Incl. 339.96 340.66 0.70 2.64 0.27 2.91 654.0 0.96 0.09
Incl. 345.78 346.43 0.65 0.90 0.36 1.26 1,165.0 1.89 0.15
And 441.28 444.05 2.77 0.03 0.00 0.03 25.8 0.39 0.03
Incl. 442.23 444.05 1.82 0.04 0.00 0.04 33.9 0.53 0.04
Incl. 442.85 443.02 0.17 0.15 0.00 0.16 148.0 2.59 0.16
And 453.55 453.88 0.33 0.00 0.01 0.01 16.8 0.33 0.01
And 493.25 494.23 0.98 0.05 0.00 0.06 15.3 0.69 0.08
And 508.31 511.18 2.87 0.03 0.01 0.04 7.7 0.35 0.05
Incl. 510.18 511.18 1.00 0.05 0.00 0.05 13.6 0.69 0.09
And 516.89 534.81 17.92 0.03 0.00 0.03 10.0 0.37 0.05
Incl. 516.89 526.34 9.45 0.04 0.00 0.04 9.4 0.49 0.06
Incl. 521.62 526.34 4.72 0.05 0.00 0.06 12.7 0.71 0.09
Incl. 521.62 524.17 2.55 0.08 0.00 0.08 19.2 1.07 0.14
Incl. 523.98 524.17 0.19 0.32 0.00 0.32 72.2 4.36 0.47
And 531.40 533.85 2.45 0.02 0.00 0.02 24.0 0.28 0.04
And 546.82 552.31 5.49 0.01 0.01 0.02 8.0 0.12 0.01

 

Note: True thickness of the mineralized interval in holes 25-3552-40 as a percentage of the down-hole interval, is estimated to be 80-100% (taking into account variability of vein orientations)

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Exhibit 4. Regional Gravity Map Showing 6km Long Prospective Trend at Ballywire

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Exhibit 5. Regional Map of Ballywire Discovery and Surrounding Prospects

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Notes to Exhibit 5: (a) Pallas Green MRE is owned by Glencore (see Glencore's Resources and Reserves Report dated December 31, 2024); (b) Stonepark MRE: see the 'NI 43-101 Independent Report on the Zinc-Lead Exploration Project at Stonepark, County Limerick, Ireland', by Gordon, Kelly and van Lente, with an effective date of April 26, 2018, as found on SEDAR; and (c) the historic estimate at Denison was reported by Westland Exploration Limited in 'Report on Prospecting Licence 464' by Dermot Hughes dated May, 1988; the historic estimate at Gortdrum was reported in 'The Geology and Genesis of the Gortdrum Cu-Ag-Hg Orebody' by G.M. Steed dated 1986; and the historic estimate at Tullacondra was first reported by Munster Base Metals Ltd in 'Report on Mallow Property' by David Wilbur, dated December 1973; and later summarized in 'Cu-Ag Mineralization at Tullacondra, Mallow, Co. Cork' by Wilbur and Carter in 1986; the above three historic estimates have not been verified as current mineral resources; none of the key assumptions, parameters and methods used to prepare the historic estimates were reported and no resource categories were used; significant data compilation, re-drilling and data verification may be required by a Qualified Person before the historic estimates can be verified and upgraded to be compliant with current NI 43-101 standards; a Qualified Person has not done sufficient work to classify them as a current mineral resource and the Company is not treating the historic estimates as current mineral resources. 'Rathdowney Trend' is the south-westerly projection of the Rathdowney Trend, hosting the historic Lisheen and Galmoy mines.

Qualified Person

Technical information in this news release has been approved by Professor Garth Earls, Eur Geol, P.Geo, FSEG, geological consultant at IGS (International Geoscience Services) Limited, and independent 'Qualified Person' as defined under Canadian National Instrument 43-101.

Sampling and Analytical Procedures

All core drilled at Ballywire is NQ (47.6mm) and is cut using a rock saw. Sample intervals vary between 0.17m to 1.41m with an average (over 243 samples) of 0.93m. The half-core samples are bagged, labelled and sealed at Group Eleven's core store facility in Limerick, Ireland. Selected sample bags are examined by the Qualified Person. Transport is via an accredited courier service and/or by Group Eleven staff to ALS Laboratories in Loughrea Co. Galway, Ireland. Sample preparation at the ALS facility comprises fine crushing 70%

Quality Assurance/Quality Control (QA/QC) Information

Group Eleven inserts certified reference materials ("CRMs" or "Standards") as well as blank material, to its sample stream as part of its industry-standard QA/QC programme. The QC results have been reviewed by the Qualified Person, who is satisfied that all the results are within acceptable parameters. The Qualified Person has validated the sampling and chain of custody protocols used by Group Eleven.

About Group Eleven Resources

Group Eleven Resources Corp. (TSXV: ZNG,OTC:GRLVF) (OTCQB: GRLVF) and (FSE: 3GE) is drilling the most significant mineral discovery in the Republic of Ireland in over a decade. The Company announced the Ballywire discovery in September 2022, demonstrating high grades of zinc, lead, silver, copper, germanium and locally, antimony. Key intercepts to date include:

  • 10.8m of 10.0% Zn+Pb and 109 g/t Ag (G11-468-03)
  • 10.1m of 8.6% Zn+Pb and 46 g/t Ag (G11-468-06)
  • 10.5m of 14.7% Zn+Pb, 399 g/t Ag and 0.31% Cu (G11-468-12)
  • 11.2m of 8.9% Zn+Pb and 83 g/t Ag (G11-3552-03)
  • 29.6m of 10.6% Zn+Pb, 78 g/t Ag and 0.15% Cu (G11-3552-12) and
  • 11.8m of 11.6% Zn+Pb, 48 g/t Ag (G11-3552-18)
  • 15.6m of 11.6% Zn+Pb, 122 g/t Ag and 0.19% Cu (G11-3552-27)
  • 12.0m of 1.4% Zn+Pb, 560 g/t Ag, 2.30% Cu and 0.17% Sb (25-3552-31), including
  • 6.4m of 2.1% Zn+Pb, 838 g/t Ag, 3.72% Cu and 0.27% Sb (25-3552-31)
  • 39.7m of 9.5% Zn+Pb, 131 g/t Ag and 0.27% Cu (25-3552-35)

Ballywire is located 20km from Company's 77.64%-owned Stonepark zinc-lead deposit1, which itself is located adjacent to Glencore's Pallas Green zinc-lead deposit2. The Company's two largest shareholders are Michael Gentile (14.2%) and Glencore Canada Corp. (14.1% interest). Additional information about the Company is available at www.groupelevenresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski, P.Geo.
Chief Executive Officer

E: b.jaworski@groupelevenresources.com | T: +353-85-833-2463
E: j.lau@groupelevenresources.com | T: 604-781-4915

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

Technical and scientific information disclosed from neighbouring properties does not necessarily apply to the current project or property being disclosed. This press release contains forward-looking statements within the meaning of applicable securities legislation. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/ reserves and geological interpretations. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located. All of the Company's public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

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Copper Quest Exploration Inc. (CSE: CQX; FRA: 3MX) (" Copper Quest " or the " Company ") is pleased to announce that it has closed the second and final tranche (the " Second Tranche ") of its previously announced non-brokered private placement (the " Private Placement ") with the issuance of 4,070,534 units (the " Units ", and each, a " Unit ") of the Company at a price of $0.075 per Unit for gross proceeds of $305,290.05.

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