# Mercado Minerals Intersects 1.20 Metres of 1120 g/t Silver Equivalent Within 3.50 Metres of 686 g/t Silver Equivalent at El Agua Vein Copalito Project Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/mercado-minerals-intersects-1-20-metres-of-1120-g-t-silver-equivalent-within-3-5--59a3ccf3-52fd-4a7b-b9ff-bc517f228fcb Original source: https://finance.yahoo.com/markets/commodities/articles/mercado-minerals-intersects-1-20-113000887.html Publisher: yahoo\_press Original announcement: 2026-06-18T11:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-22T01:50:49.727Z Atlas analysis updated: 2026-09-22T01:50:49.727Z - Company: Mercado Minerals Ltd. - Ticker: MERC - Exchange: CSE - Region: Sinaloa, Mexico - Primary commodity: Silver - Secondary commodities: Gold, Lead, Zinc - Document categories: Drill results - Extracted: 2026-09-22 01:50:50 UTC Narrative sentiment: 1.00 · Bullish ## Minestarters Atlas summary Mercado Minerals has reported high-grade polymetallic drill results at the Copalito Project in Mexico. The highlights include a 1.20m intercept of 1120 g/t silver equivalent, driven by high grades of silver, gold, lead, and zinc. Reasoning: The intercept of 1120 g/t silver equivalent is exceptionally high for an epithermal system and represents significant new mineralization. - Positive factor: Exceptional silver equivalent grade - Positive factor: High-grade polymetallic intercept Facts used in scoring: 6 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 1120 g/t silver equivalent is exceptionally high for an epithermal system. Evidence · text > 1.20 Metres of 1120 g/t Silver Equivalent ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-intersects-1-20-metres-of-1120-g-t-silver-equivalent-within-3-5--59a3ccf3-52fd-4a7b-b9ff-bc517f228fcb#fact-drill-facts-0) Copalito · silver Needs review: drill\_no\_hole\_id #### Identity - Project: Copalito - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MERC #### Geometry - Grade: 34 - Grade Unit: g/t - Intercept: 1.2 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-18T00:00:00.000Z Reasoning: 34 g/t silver is a strong grade for this context. - Positive factor: Strong silver grade #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-intersects-1-20-metres-of-1120-g-t-silver-equivalent-within-3-5--59a3ccf3-52fd-4a7b-b9ff-bc517f228fcb#fact-drill-facts-1) Copalito · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Copalito - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MERC #### Geometry - Grade: 3.4 - Grade Unit: g/t - Intercept: 1.2 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-18T00:00:00.000Z Reasoning: 3.4 g/t gold is a solid grade in a polymetallic intercept. - Positive factor: Significant gold component #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-intersects-1-20-metres-of-1120-g-t-silver-equivalent-within-3-5--59a3ccf3-52fd-4a7b-b9ff-bc517f228fcb#fact-drill-facts-2) Copalito · lead Needs review: drill\_no\_hole\_id #### Identity - Project: Copalito - Commodity: lead - Region: mexico - Reported Region: mexico - Ticker: MERC #### Geometry - Grade: 19 - Grade Unit: % - Intercept: 1.2 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-18T00:00:00.000Z Reasoning: 19% lead is an exceptionally high grade. - Positive factor: Very high lead grade #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 4 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-intersects-1-20-metres-of-1120-g-t-silver-equivalent-within-3-5--59a3ccf3-52fd-4a7b-b9ff-bc517f228fcb#fact-drill-facts-3) Copalito · zinc Needs review: drill\_no\_hole\_id #### Identity - Project: Copalito - Commodity: zinc - Region: mexico - Reported Region: mexico - Ticker: MERC #### Geometry - Grade: 21 - Grade Unit: % - Intercept: 1.2 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-18T00:00:00.000Z Reasoning: 21% zinc is an exceptionally high grade. - Positive factor: Very high zinc grade #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 5 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-intersects-1-20-metres-of-1120-g-t-silver-equivalent-within-3-5--59a3ccf3-52fd-4a7b-b9ff-bc517f228fcb#fact-drill-facts-4) Copalito · silver Needs review: drill\_no\_hole\_id #### Identity - Project: Copalito - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MERC #### Geometry - Grade: 1120 - Grade Unit: g/t - Intercept: 1.2 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-18T00:00:00.000Z Reasoning: 1120 g/t AgEq is an exceptional grade. - Positive factor: Bonanza silver equivalent grade #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 6 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-intersects-1-20-metres-of-1120-g-t-silver-equivalent-within-3-5--59a3ccf3-52fd-4a7b-b9ff-bc517f228fcb#fact-drill-facts-5) Copalito · silver Needs review: drill\_no\_hole\_id #### Identity - Project: Copalito - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MERC #### Geometry - Grade: 30 - Grade Unit: g/t - Intercept: 3.5 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-18T00:00:00.000Z Reasoning: 3.5m at 30 g/t AgEq provides continuity for the high-grade core. - Positive factor: Wider mineralized interval #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.