Seth Elon

This profile's record name, 'Seth Elon,' traces to auto-generated captions of a SmallCap Asia interview in which the host introduces Questcorp Mining's chief executive as 'Seth Dhillon.' The person is Satvir 'Saf' Dhillon, founding director, president and CEO of Questcorp Mining Inc. (CSE: QQQ, OTCQB: QQCMF), a Canadian Securities Exchange-listed junior explorer drilling the La Union gold-silver project in Sonora, Mexico, and advancing the North Island copper project near Port Hardy, British Columbia. Resource investors follow him because he is running the first drill campaign ever carried out at La Union, a past-producing high-grade gold property.

Dhillon has spent more than 20 years developing public companies in investor relations, business development and senior management roles. His most substantial result came at U.S. Geothermal Inc., an Idaho-based renewable power developer, where he was a key member of the management team that grew the company from a roughly US$2 million startup into an independent power producer with three operating plants in the Pacific Northwest and a listing upgraded from the TSX to NYSE MKT. U.S. Geothermal was sold to Ormat Technologies in 2018 at an enterprise value above US$200 million. Dhillon is also a founding director of Torrent Gold Inc. (CSE: TGLD), a board member of Lake Winn Resources Corp. (TSXV: LWR), and founded Questcorp, which listed in December 2023.

His approach is to option underexplored ground in proven mining camps, earn in with modest spending, and have a technical partner run the programs. La Union was optioned from Riverside Resources (TSXV: RRI), a prospect generator whose team operates the drills, and Questcorp can earn up to 100% by funding about C$5.5 million of exploration over four years, with Riverside holding up to a 19.9% equity stake. The thesis: roughly 50,000 ounces of high-grade gold were mined from the site in the 1950s, and Dhillon believes that surface production capped a carbonate replacement deposit (CRD — a large metal body formed where hot fluids replace limestone) that no one has ever drill-tested.

He is deliberate about structure. Questcorp keeps its share count under 100 million, and management, directors and Riverside together account for roughly 80% of a register he describes as in 'very friendly hands,' so exploration success lands in a tightly held float. The second asset, the 1,168-hectare North Island copper project, sits near the former BHP Island copper mine, once Canada's largest, in a district he says recent neighbor discoveries have re-rated to a roughly C$1 billion market value.

Early results give the thesis some support. First drilling at the Luis Hill target returned Carlin-like sediment-hosted gold (0.3 g/t — grams per tonne — over 42 metres in that target's only hole), January 2026 channel sampling cut 30 metres averaging 20.2 g/t gold and 226 g/t silver, and September 2026 assays defined a near-surface gold corridor at Union Norte, including 9.10 metres at 0.76 g/t gold-equivalent (AuEq — silver and base-metal values converted to a gold grade). Following the Phase 2B assays and any first drilling at North Island is the practical way to track his work. His public commentary comes mainly from company presentations and commissioned interviews, including the SmallCap Asia conversation on which this profile draws, so treat it as management's view.