Mercado Minerals flags Phase II drill plan at Copalito project in Mexico after completing 25-hole program
Reuters2026/08/19 11:32- Mercado Minerals completed a 25-hole inaugural diamond drill program at its Copalito project in Sinaloa, Mexico.
- Drilling expanded mineralization across key veins, lifting cumulative mapped strike length to 11 km from 8 km.
- Top intercept at El Agua: 3.5 m grading 686 g/t silver equivalent from 124.75 m, including 1.2 m at 1,120 g/t.
- Best step-outs at El Pilar: 3.4 m at 403 g/t silver equivalent; 4.05 m at 264 g/t, supporting a higher-grade zone.
- Surface work identified the new 1,150 m Renata vein; Phase II plans include first-pass drilling there, plus step-outs at El Agua and El Pilar.
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