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Mercado Minerals Ltd. Reports Drill Results At Copalito Project
Mercado Minerals Ltd. announced further drill results from the Copalito Project from its inaugural 3,000 metre diamond drill program located in Sinaloa, Mexico. Highlight results include 1.20 metres of 34 g/t silver, 3.40 g/t gold, 19.00% lead and 21.00% zinc (1120 g/t silver equivalent) within a larger 3.50 metre wide interval of 30 g/t silver, 1.94 g/t gold, 9.47% lead and 14.61% zinc (686 g/t silver equivalent) from 124.75 metres. Drilling at 5 Señores Vein is now complete and expanded the productive strike length to approximately 800 metres and vertical depth to approximately 125 metres. During this drilling, a fault offset of 5 Señores vein was identified to the southeast with approximately 250 metre strike length. Initial drill testing has been completed and assays are pending. COP-26-014 at 5 Señores intersected a wide structural zone and returned 24.20 metres of 114 g/t silver, 0.50 g/t gold, 0.13% lead and 0.47% zinc (154 g/t silver equivalent) from 22.50 metres including 7.60 metres of 340 g/t silver, 1.22 g/t gold, 0.34% lead, and 1.18% zinc (434 g/t silver equivalent) including 2.10 metres of 569 g/t silver, 1.43 g/t gold, 0.93% lead, and 3.07% zinc (714 g/t silver equivalent). Drilling at El Agua has successfully intersected the vein from an aggressive step-out hole targeting a new steeper dipping interpretation of the structure. Mineralization remains open in all directions and provides a new and accretive centre for future focused drill testing. COP-26-012 at El Agua intersected 3.50 metres of 30 g/t silver, 1.94 g/t gold, 9.47% lead and 14.61% zinc (686 g/t silver equivalent) from 124.75 metres including 1.20 metres of 34 g/t silver, 3.40 g/t gold, 19.00% lead, and 21.00% zinc (1120 g/t silver equivalent). Drill holes COP-26-004 to COP-26-015 tested both the 5 Señores and El Agua veins in a series of step out holes along strike and down dip of prior drilling. Infill drill holes COP-26-004 and COP-26-014 returned significant width and grades of mineralization at 5 Señores, while drill holes COP-26-009 and COP-26-010 successfully extended the drilled strike length to the southeast. COP-26-009 returned 6.15 metres of 141 g/t silver, 0.40 g/t gold, 0.17% lead and 0.51% zinc (173 g/t silver equivalent) from 83.55 metres, including 2.75 metres of 234 g/t silver, 0.73 g/t gold, 0.30% lead, and 0.86% zinc (293 g/t silver equivalent) within a broad structural zone that returned 18.05 metres of 83 g/t silver, 0.26 g/t gold, 0.11% lead and 0.71% zinc (106 g/t silver equivalent). Significant assay results from these holes are shown on Table 1. Drill holes COP-26-012 and COP-26-013 tested the El Agua vein stepping out both along strike and to depth from previous drilling. COP-26-012 extended mineralization down dip approximately 65 metres and along strike 80 metres to the southeast from previous drilling. The drill hole intersected a quartz – carbonate – semi – massive sulphide vein that returned 3.50 metres of 30 g/t silver, 1.94 g/t gold, 9.47% lead and 14.61% zinc (686 g/t silver equivalent) from 124.75 metres, including 1.20 metres of 34 g/t silver, 3.40 g/t gold, 19.00% lead, and 21.00% zinc (1120 g/t silver equivalent).