Questcorp Mining Inc.

Project

North Island Copper Property

Target Rich - Ripe For Discovery

NICP has two main targets: auriferous base metal skarns associated with Quatsino limestones in the east and porphyry copper mineralization associated with the Island Intrusions in the west.

Questcorp is focussing on the Marisa porphyry target in the west where an historic induced polarization (IP) survey and follow up drilling met with initial success. Two of the five holes drilled into the chargeability high intersected significant copper mineralization to depths of 80 metres.

Hole DDH92-01 intersected 0.078% copper over 56.39 metres, including 0.171% copper over 16.17m, while DDH92-03 intersected 0.041% copper over 70.71 metres in an altered quartz diorite. Copper grades were increasing with depth in DDH92-03. These values were never followed up.

Next phase of exploration will be a 3D IP survey and then drilling.