Mr. Saf Dhillon reports

QUESTCORP MINING PLANS NORTH ISLAND COPPER PROGRAM

Questcorp Mining Inc.'s management has recently completed a trip to the North Island copper project accompanied by independent qualified person Warren Robb, PGeo (British Columbia). The primary goal of the property examination was to define the next stage of the exploration program.

Upon review of the company's 2021 technical report and historical exploration date, Mr. Robb suggested exploration should be focused on the Marisa zone, a porphyry copper target last explored in the 1990s by Great West Gold Corp. Surface sampling and a preliminary 12.3 line-kilometre induced polarization (IP) survey identified an interesting chargeability anomaly that was followed up by a five-hole, 376.43-metre diamond drilling program. Two of the five holes hit interesting copper values including down hole intervals of 0.078 per cent copper over 56.39 metres in DDH92-01 and 0.041 per cent copper over 70.71 metres in DDH92-03 in an altered quartz diorite. Copper grades were increasing with depth in DDH92-03. These values were never followed up.

"Given the recent excitement generated by our neighbours NorthIsle Copper and Gold Inc., 15 km to the west in the same belt of rocks and the proximity to the past producing BHP Island copper mine 7.5 km to the southeast, the company feels the Marisa zone has excellent exploration potential and should be the focus of the next stage of exploration at our North Island copper project," commented Questcorp president and chief executive officer, Saf Dhillon.

The company will consult with Mr. Robb and have an announcement on his recommendations and the details of the next phase of the exploration program shortly.

Questcorp cautions investors a qualified person has not verified the historical exploration data and further cautions, the presence of copper mineralization on the NorthIsle Copper and Gold and the BHP properties is not necessarily indicative of similar mineralization on the North Island copper property.

The technical content of this news release has been reviewed and approved by R. Tim Henneberry, PGeo (B.C.), a director of the company and a qualified person under National Instrument 43-101.

About Questcorp Mining Inc.

Questcorp Mining Inc. is engaged in the business of the acquisition and exploration of mineral properties in Canada. The company holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 1,168.09 hectares comprising the North Island copper property, on Vancouver Island, British Columbia, subject to a royalty obligation. The company's secondary objective is to locate and develop economic precious and base metals properties of merit.

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