Business
Mercado Minerals Intersects 6.50 Metres of 256 g/t Silver and 1.46 g/t Gold from 43.60 m Depth at 5 Senores Vein Copalito Project
Vancouver, British Columbia--(Newsfile Corp. - April 29, 2026) - Mercado Minerals Ltd. (CSE: MERC) (OTCQB: MRMNF) ("Mercado" or the "Company") is pleased to
About this update from Mercado Minerals Ltd.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - April 29, 2026) - Mercado Minerals Ltd. (CSE: MERC) (OTCQB: MRMNF) (\"Mercado\" or the \"Company\") is pleased to announce the company has received results from the first three holes drilled at the Copalito Project (\"Copalito\" or the \"Project\") from its inaugural 3,000 metre diamond drill program located in Sinaloa, Mexico. Highlight results include 3.45 metres of 445 g/t silver, 2.26 g/t gold, 0.11% lead, and 0.24% zinc within a larger 6.50 metre intersect of 256 g/t silver, 1.46 g/t gold, 0.32% lead, and 1.06% zinc. Highlights Intercepts COP-26-001 6.50 metres of 256 g/t silver, 1.45 g/t gold, 0.32% lead, and 1.06% zinc Including 3.45 metres of 445 g/t silver, 2.26 g/t gold, 0.11% lead, and 0.24% zinc Including 1.20 metres of 848 g/t silver, 4.83 g/t gold, 0.20% lead, and 0.47% zinc COP-26-003 7.25 metres of 89 g/t silver, 0.46 g/t gold, 0.12% lead, and 0.49% zinc Including 4.25 metres of 149 g/t silver, 0.73 g/t gold, 0.19% lead, and 0.77% zinc Including 1.90 metres of 234 g/t silver, 0.51 g/t gold, 0.14% lead, and 0.51% zinc CEO Comment Daniel Rodriguez CEO & Director, commented: \"With these first three results we are proving the continuation of 5 Señores and growing the potential of that structure. We are happy with what we are seeing and looking forward to interpreting and analysing the next batch of results. We have moved onto testing El Agua Vein and then El Pilar with a similar approach to what we did at 5 Señores.\" Drill holes COP-26-001 to COP-26-003 tested the 5 Señores Vein between drill holes completed by the previous operator, where there is evidence for potential flexures in both the strike and dip of the vein, which could potentially yield thicker and higher-grade sections of the vein. Significant assay results from these holes are shown on Table 1, while the locations of the drill holes are shown in Figure 1 and Table 2. Table 1 - Significant Drill Results Hole From (m) To (m) Interval (m) Ag (g/t) Au (g/t) Pb (%) Zn (%) COP-26-001 43.60 50.10 6.50 256 1.45 0.32 1.06 incl. 43.60 47.05 3.45 445 2.26 0.11 0.24 incl. 44.60 45.80 1.20 848 4.83 0.20 0.47 COP-26-002 63.20 79.90 16.70 30 0.18 0.21 0.72 incl. 63.20 67.00 3.80 89 0.44 0.46 1.71 incl. 63.20 64.70 1.50 180 0.81 0.88 3.46 COP-26-003 28.55 35.80 7.25 89 0.46 0....