# Mercado Minerals Provides Summary of Copalito Drill Program, Highlights New Renata Vein and Phase II Exploration Plans Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1 Original source: https://orestocks.com/company/MERC.CN/press-releases/6074759487584852 Publisher: orestocks Original announcement: 2026-08-19T11:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Mercado Minerals Ltd. - Ticker: MERC.CN - Exchange: Unavailable - Region: Sinaloa, Mexico - Primary commodity: Silver - Secondary commodities: Gold, Lead, Zinc - Document categories: Drill results, Other - Extracted: 2026-08-19 13:36:50 UTC Narrative sentiment: 0.90 · Bullish ## Minestarters Atlas summary Mercado Minerals announced the successful completion of its inaugural 25-hole diamond drill program at the Copalito Project in Sinaloa, Mexico, confirming and expanding mineralization across seven vein structures. The program yielded multiple high-grade silver equivalent intercepts, including 1.20 metres at 1120 g/t AgEq, and increased the project's cumulative vein strike length from 8 km to 11 km. Additionally, the company discovered two new significant veins, El Pilar Sur and La Renata, and outlined a Phase II program to further explore and expand these promising targets. Reasoning: The inaugural drill program at Copalito delivered strong high-grade silver equivalent intercepts, significantly expanded the known strike length of multiple veins, and led to the discovery of new vein structures, demonstrating high exploration success and potential for resource growth, despite the lack of on-property metallurgical data for AgEq calculations. - Positive factor: Multiple high-grade silver equivalent intercepts, including 1.20m at 1120 g/t AgEq and 0.80m at 675 g/t AgEq, demonstrate significant mineralization. - Positive factor: The inaugural drill program successfully confirmed and expanded mineralization across seven vein structures, extending the cumulative strike length from 8 km to 11 km. - Positive factor: Discovery of two new significant veins \(El Pilar Sur and La Renata\) and successful first-pass tests on previously undrilled structures indicate strong exploration potential. - Positive factor: Comprehensive QA/QC procedures, including certified lab analysis and QP sign-off, enhance the credibility of the results. - Positive factor: Clear Phase II exploration plans are outlined, targeting expansion of high-grade zones and initial testing of new discoveries. - Negative factor: True widths for drill intercepts are not yet established, which introduces uncertainty regarding the actual thickness of mineralization. - Negative factor: Metal equivalent calculations rely on 'typical recoveries based on metallurgical studies conducted on analogous epithermal vein deposits' and explicitly state 'No metallurgical work has been reported on the property', making the AgEq less reliable for this specific project. Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 169 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: The intercept in COP-26-012 of 1.20 metres at 1120 g/t silver equivalent is exceptionally high-grade, well above the typical thresholds for epithermal deposits. Evidence · text > Including 1.20 metres of 34 g/t silver, 3.40 g/t gold, 19.00% lead, and 21.00% zinc \(1120 g/t silver equivalent1\) **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: The intercept in COP-26-001 of 1.20 metres at 1146 g/t silver equivalent is exceptionally high-grade, well above the typical thresholds for epithermal deposits. Evidence · text > including 1.20 metres of 848 g/t silver, 4.83 g/t gold, 0.20% lead, and 0.47% zinc \(1146 g/t silver equivalent1\). **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The document explicitly states 'Step-out drilling returned the two best intercepts on the vein to date' for El Pilar and 'Step-out drilling returned the 2026 drilling program's highest-grade intercept' for El Agua, indicating mineralization was extended beyond previous limits. Evidence · text > Step-out drilling returned the two best intercepts on the vein to date **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release includes a detailed 'Quality Assurance/Quality Control and Chain of Custody' section, mentioning certified lab \(ALS\), QP sign-off, and specific methods like blanks, standards, and duplicates. Evidence · text > Quality Assurance/Quality Control and Chain of Custody **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: Footnote 2 explicitly states 'All intervals are drilled core lengths. Additional drilling is required to establish true widths,' indicating that true widths are not yet known for the reported intercepts. Evidence · text > All intervals are drilled core lengths. Additional drilling is required to establish true widths. **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: While metal equivalent assumptions are disclosed, they are based on 'typical recoveries based on metallurgical studies conducted on analogous epithermal vein deposits' and explicitly state 'No metallurgical work has been reported on the property,' which reduces the reliability of the AgEq for this specific project. Evidence · text > Silver-equivalent values are calculated assuming typical recoveries based on metallurgical studies conducted on analogous epithermal vein deposits and are not necessarily reflective of metallurgy on the property. No metallurgical work has been reported on the property. **Exploration Drilling** Definition: No canonical definition is currently available. Why it applies: The program is described as an 'inaugural diamond drill program' and includes 'initial drill tests of several newly discovered and previously undrilled vein structures,' indicating a focus on discovering and extending mineralization. Evidence · text > inaugural diamond drill program **New Discovery** Definition: No canonical definition is currently available. Why it applies: The surface exploration program 'discovered two new significant veins: El Pilar Sur and La Renata,' indicating new mineralized zones not previously identified. Evidence · text > discovered two new significant veins: El Pilar Sur and La Renata ## Extracted facts Stored fact records: 169. Some facts used in scoring do not have a stored record. ## Drill Results (169) ### COP-26-019 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-0) Copalito Project · silver #### Identity - Hole ID: COP-26-019 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 11 - Grade Unit: g/t - Intercept: 3.4 m - From: 118 m - To: 121.4 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: COP-26-019:118.0-121.4 - Mining Method: underground #### QA/QC - Laboratory: ALS Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates, check\_assays #### Metal Equivalent - Metal Eq. Grade: 403 - Metal Eq. Unit: g/t silver equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: A strong silver equivalent intercept from the inaugural drill program, contributing to the expansion of a key vein, but with unestablished true width and reliance on analogous metallurgical assumptions. - Positive factor: High silver equivalent grade of 403 g/t over a moderate width of 3.40m. - Positive factor: Intercept contributes to defining the El Pilar vein over 1,250 metres of strike. - Negative factor: True width not established, introducing uncertainty. - Negative factor: Metal equivalent assumptions are based on analogous deposits, not on-property metallurgy. Evidence · text > COP-26-019intersected 3.40 metres of 11 g/t silver, 3.53 g/t gold, 1.45% lead, and 4.41% zinc \(403 g/t silver equivalent1\) from 118 metres ### COP-26-019 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-1) Copalito Project · silver #### Identity - Hole ID: COP-26-019 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 9 - Grade Unit: g/t - Intercept: 0.8 m - From: 119.35 m - To: 120.15 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: COP-26-019:119.35-120.15 - Mining Method: underground #### QA/QC - Laboratory: ALS Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates, check\_assays #### Metal Equivalent - Metal Eq. Grade: 675 - Metal Eq. Unit: g/t silver equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: A bonanza-grade sub-interval within a significant intercept, indicating very high-grade mineralization, but with unestablished true width and reliance on analogous metallurgical assumptions. - Positive factor: Exceptional silver equivalent grade of 675 g/t over a narrow but high-grade interval. - Positive factor: This sub-interval highlights a very high-grade core within the broader intercept. - Negative factor: True width not established, introducing uncertainty. - Negative factor: Metal equivalent assumptions are based on analogous deposits, not on-property metallurgy. Evidence · text > including 0.80 metres of 9 g/t silver, 5.37 g/t gold, 1.65% lead, and 10.05% zinc \(675 g/t silver equivalent1\) ### COP-26-018 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-2) Copalito Project · silver #### Identity - Hole ID: COP-26-018 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 9 - Grade Unit: g/t - Intercept: 4.05 m - From: 117.4 m - To: 121.45 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: COP-26-018:117.4-121.45 - Mining Method: underground #### QA/QC - Laboratory: ALS Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates, check\_assays #### Metal Equivalent - Metal Eq. Grade: 264 - Metal Eq. Unit: g/t silver equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: A strong silver equivalent intercept from the inaugural drill program, contributing to the expansion of a key vein, but with unestablished true width and reliance on analogous metallurgical assumptions. - Positive factor: Strong silver equivalent grade of 264 g/t over a good width of 4.05m. - Positive factor: Intercept contributes to defining the El Pilar vein over 1,250 metres of strike. - Negative factor: True width not established, introducing uncertainty. - Negative factor: Metal equivalent assumptions are based on analogous deposits, not on-property metallurgy. Evidence · text > COP-26-018 intersected 4.05 metres of 9 g/t silver, 1.86 g/t gold, 1.19% lead and 4.08% zinc \(264 g/t silver equivalent1\) from 117.40 metres ### COP-26-018 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-3) Copalito Project · silver #### Identity - Hole ID: COP-26-018 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 18 - Grade Unit: g/t - Intercept: 0.65 m - From: 120.8 m - To: 121.45 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: COP-26-018:120.8-121.45 - Mining Method: underground #### QA/QC - Laboratory: ALS Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates, check\_assays #### Metal Equivalent - Metal Eq. Grade: 635 - Metal Eq. Unit: g/t silver equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: A bonanza-grade sub-interval within a significant intercept, indicating very high-grade mineralization, but with unestablished true width and reliance on analogous metallurgical assumptions. - Positive factor: Exceptional silver equivalent grade of 635 g/t over a narrow but high-grade interval. - Positive factor: This sub-interval highlights a very high-grade core within the broader intercept. - Negative factor: True width not established, introducing uncertainty. - Negative factor: Metal equivalent assumptions are based on analogous deposits, not on-property metallurgy. Evidence · text > including 0.65 metres of 18 g/t silver, 3.80 g/t gold, 3.14% lead and 11.85% zinc \(635 g/t silver equivalent1\) ### COP-26-012 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-4) Copalito Project · silver #### Identity - Hole ID: COP-26-012 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 30 - Grade Unit: g/t - Intercept: 3.5 m - From: 124.75 m - To: 128.25 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: COP-26-012:124.75-128.25 - Mining Method: underground #### QA/QC - Laboratory: ALS Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates, check\_assays #### Metal Equivalent - Metal Eq. Grade: 686 - Metal Eq. Unit: g/t silver equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: A bonanza-grade intercept and the highest-grade of the program, significantly expanding the El Agua vein, but with unestablished true width and reliance on analogous metallurgical assumptions. - Positive factor: Exceptional silver equivalent grade of 686 g/t over a moderate width of 3.50m, representing the program's highest-grade intercept. - Positive factor: This intercept expands the El Agua vein, which has a 950m strike length. - Negative factor: True width not established, introducing uncertainty. - Negative factor: Metal equivalent assumptions are based on analogous deposits, not on-property metallurgy. Evidence · text > COP-26-012intersected 3.50 metres of 30 g/t silver, 1.94 g/t gold, 9.47% lead and 14.61% zinc \(686 g/t silver equivalent1\) from 124.75 metres ### COP-26-012 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-5) Copalito Project · silver #### Identity - Hole ID: COP-26-012 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 34 - Grade Unit: g/t - Intercept: 1.2 m - From: 126 m - To: 127.2 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: COP-26-012:126.0-127.2 - Mining Method: underground #### QA/QC - Laboratory: ALS Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates, check\_assays #### Metal Equivalent - Metal Eq. Grade: 1120 - Metal Eq. Unit: g/t silver equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: An exceptional bonanza-grade sub-interval, representing the highest-grade intercept of the program, indicating very high-grade mineralization, but with unestablished true width and reliance on analogous metallurgical assumptions. - Positive factor: Bonanza silver equivalent grade of 1120 g/t over a narrow but exceptionally high-grade interval. - Positive factor: This sub-interval represents the highest-grade core of the program's best intercept. - Negative factor: True width not established, introducing uncertainty. - Negative factor: Metal equivalent assumptions are based on analogous deposits, not on-property metallurgy. Evidence · text > Including 1.20 metres of 34 g/t silver, 3.40 g/t gold, 19.00% lead, and 21.00% zinc \(1120 g/t silver equivalent1\) ### COP-26-023 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-6) Copalito Project · silver #### Identity - Hole ID: COP-26-023 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 103 - Grade Unit: g/t - Intercept: 8 m - From: 83.9 m - To: 91.9 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: COP-26-023:83.9-91.9 - Mining Method: underground #### QA/QC - Laboratory: ALS Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates, check\_assays #### Metal Equivalent - Metal Eq. Grade: 200 - Metal Eq. Unit: g/t silver equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: A strong silver equivalent intercept over a good width, contributing to the definition of a higher-grade zone within the El Agua vein, but with unestablished true width and reliance on analogous metallurgical assumptions. - Positive factor: Strong silver equivalent grade of 200 g/t over a significant width of 8.00m. - Positive factor: This intercept helps define a higher-grade corridor within the El Agua vein. - Negative factor: True width not established, introducing uncertainty. - Negative factor: Metal equivalent assumptions are based on analogous deposits, not on-property metallurgy. Evidence · text > COP-26-023intersected 8.00 metres of 103 g/t silver, 1.11 g/t gold, 0.18% lead, and 0.86% zinc \(200 g/t silver equivalent1\) ### COP-26-023 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-7) Copalito Project · silver #### Identity - Hole ID: COP-26-023 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 26 - Grade Unit: g/t - Intercept: 48.4 m - From: 81.6 m - To: 130 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: COP-26-023:81.6-130.0 - Mining Method: open\_pit #### QA/QC - Laboratory: ALS Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates, check\_assays #### Metal Equivalent - Metal Eq. Grade: 64 - Metal Eq. Unit: g/t silver equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: A broad intercept indicating significant mineralization width, but with a lower silver equivalent grade and unestablished true width, and reliance on analogous metallurgical assumptions. - Positive factor: Broad intercept of 48.40m indicates significant width of mineralization. - Positive factor: Contributes to defining a higher-grade corridor within the El Agua vein. - Negative factor: Lower silver equivalent grade of 64 g/t for the broad interval. - Negative factor: True width not established, introducing uncertainty. - Negative factor: Metal equivalent assumptions are based on analogous deposits, not on-property metallurgy. Evidence · text > within a broad 48.40 metre interval, helping define a higher-grade corridor of roughly 500 metres strike by 200 metres down-dip within the 950 metre strike length of the vein. ### COP-26-014 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-8) Copalito Project · silver #### Identity - Hole ID: COP-26-014 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 340 - Grade Unit: g/t - Intercept: 7.6 m - From: 26.2 m - To: 33.8 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: COP-26-014:26.2-33.8 - Mining Method: underground #### QA/QC - Laboratory: ALS Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates, check\_assays #### Metal Equivalent - Metal Eq. Grade: 434 - Metal Eq. Unit: g/t silver equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: A strong silver equivalent intercept from the inaugural drill program, contributing to the expansion of a key vein, but with unestablished true width and reliance on analogous metallurgical assumptions. - Positive factor: High silver equivalent grade of 434 g/t over a good width of 7.60m. - Positive factor: Intercept contributes to expanding the 5 Señores vein to 800 metres strike length. - Negative factor: True width not established, introducing uncertainty. - Negative factor: Metal equivalent assumptions are based on analogous deposits, not on-property metallurgy. Evidence · text > COP-26-014 intersected 7.60 metres of 340 g/t silver, 1.22 g/t gold, 0.34% lead, and 1.18% zinc \(434 g/t silver equivalent1\) from 22.50 metres ### COP-26-014 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-9) Copalito Project · silver #### Identity - Hole ID: COP-26-014 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 114 - Grade Unit: g/t - Intercept: 24.2 m - From: 22.5 m - To: 46.7 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: COP-26-014:22.5-46.7 - Mining Method: open\_pit #### QA/QC - Laboratory: ALS Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates, check\_assays #### Metal Equivalent - Metal Eq. Grade: 154 - Metal Eq. Unit: g/t silver equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: A broad intercept indicating significant mineralization width, but with a lower silver equivalent grade and unestablished true width, and reliance on analogous metallurgical assumptions. - Positive factor: Broad intercept of 24.20m indicates significant width of mineralization. - Positive factor: Contributes to expanding the 5 Señores vein to 800 metres strike length. - Negative factor: Lower silver equivalent grade of 154 g/t for the broad interval. - Negative factor: True width not established, introducing uncertainty. - Negative factor: Metal equivalent assumptions are based on analogous deposits, not on-property metallurgy. Evidence · text > within a broader interval of 24.20 metres of 114 g/t silver, 0.50 g/t gold, 0.13% lead and 0.47% zinc \(154 g/t silver equivalent1\). ### COP-26-014 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-10) Copalito Project · silver #### Identity - Hole ID: COP-26-014 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 569 - Grade Unit: g/t - Intercept: 2.1 m - From: 28.4 m - To: 30.5 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: COP-26-014:28.4-30.5 - Mining Method: underground #### QA/QC - Laboratory: ALS Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates, check\_assays #### Metal Equivalent - Metal Eq. Grade: 714 - Metal Eq. Unit: g/t silver equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: A bonanza-grade sub-interval within a significant intercept, indicating very high-grade mineralization, but with unestablished true width and reliance on analogous metallurgical assumptions. - Positive factor: Exceptional silver equivalent grade of 714 g/t over a narrow but high-grade interval. - Positive factor: This sub-interval highlights a very high-grade core within the broader intercept. - Negative factor: True width not established, introducing uncertainty. - Negative factor: Metal equivalent assumptions are based on analogous deposits, not on-property metallurgy. Evidence · table > 569 Context: 2.10 ### COP-26-001 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-11) Copalito Project · silver #### Identity - Hole ID: COP-26-001 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 256 - Grade Unit: g/t - Intercept: 6.5 m - From: 43.6 m - To: 50.1 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: COP-26-001:43.6-50.1 - Mining Method: underground #### QA/QC - Laboratory: ALS Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates, check\_assays #### Metal Equivalent - Metal Eq. Grade: 372 - Metal Eq. Unit: g/t silver equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: A strong silver equivalent intercept from the inaugural drill program, contributing to the expansion of a key vein, but with unestablished true width and reliance on analogous metallurgical assumptions. - Positive factor: Strong silver equivalent grade of 372 g/t over a good width of 6.50m. - Positive factor: Intercept contributes to expanding the 5 Señores vein to 800 metres strike length. - Negative factor: True width not established, introducing uncertainty. - Negative factor: Metal equivalent assumptions are based on analogous deposits, not on-property metallurgy. Evidence · text > COP-26-001intersected 6.50 metres of 256 g/t silver, 1.45 g/t gold, 0.32% lead, and 1.06% zinc \(372 g/t silver equivalent1\) from 43.60 metres ### COP-26-001 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-12) Copalito Project · silver #### Identity - Hole ID: COP-26-001 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 848 - Grade Unit: g/t - Intercept: 1.2 m - From: 44.6 m - To: 45.8 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: COP-26-001:44.6-45.8 - Mining Method: underground #### QA/QC - Laboratory: ALS Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates, check\_assays #### Metal Equivalent - Metal Eq. Grade: 1146 - Metal Eq. Unit: g/t silver equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: An exceptional bonanza-grade sub-interval, indicating very high-grade mineralization, but with unestablished true width and reliance on analogous metallurgical assumptions. - Positive factor: Bonanza silver equivalent grade of 1146 g/t over a narrow but exceptionally high-grade interval. - Positive factor: This sub-interval highlights a very high-grade core within the broader intercept. - Negative factor: True width not established, introducing uncertainty. - Negative factor: Metal equivalent assumptions are based on analogous deposits, not on-property metallurgy. Evidence · text > including 1.20 metres of 848 g/t silver, 4.83 g/t gold, 0.20% lead, and 0.47% zinc \(1146 g/t silver equivalent1\). ### COP-26-022 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-13) Copalito Project · silver #### Identity - Hole ID: COP-26-022 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Intercept: 0.6 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Mining Method: underground #### QA/QC - Laboratory: ALS Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates, check\_assays #### Metal Equivalent - Metal Eq. Grade: 88 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: A positive initial drill test confirming mineralization in a new area, but with a modest grade and width, unestablished true width, and reliance on analogous metallurgical assumptions. - Positive factor: Initial drill test confirmed mineralization at depth in a previously undrilled area. - Negative factor: Relatively low silver equivalent grade of 88 g/t over a narrow width of 0.60m. - Negative factor: True width not established, introducing uncertainty. - Negative factor: Metal equivalent assumptions are based on analogous deposits, not on-property metallurgy. Evidence · text > COP-26-022 returned 0.60 metres of 88 g/t AgEq at El Medio. ### Fact 15 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-14) Copalito Project · silver #### Identity - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 111 - Grade Unit: g/t #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: surface - Mining Method: unknown #### QA/QC - Laboratory: ALS Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates, check\_assays #### Metal Equivalent - Metal Eq. Grade: 177 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Good surface sample results from an extended known vein, indicating potential for future drilling, but with preliminary data and reliance on analogous metallurgical assumptions. - Positive factor: Good silver equivalent grade up to 177 g/t from surface samples. - Positive factor: Delineation of extensions to a known vein \(El Medio\) adds to project potential. - Negative factor: Surface samples provide indicative grades but require drill confirmation. - Negative factor: Metal equivalent assumptions are based on analogous deposits, not on-property metallurgy. Evidence · table > 111 Context: 450 ### COP-26-001 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-15) Copalito Project · gold #### Identity - Hole ID: COP-26-001 - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.45 - Grade Unit: g/t - Intercept: 6.5 m - From: 43.6 m - To: 50.1 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-001:43.6-50.1 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.45 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 9.4 g/t·m is below. - Negative factor: 1.45 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.45 Context: COP-26-001 ### COP-26-001 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-16) Copalito Project · lead #### Identity - Hole ID: COP-26-001 - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.32 - Grade Unit: % - Intercept: 6.5 m - From: 43.6 m - To: 50.1 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-001:43.6-50.1 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.32 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 2.1 %·m is below. - Negative factor: 0.32 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.32 Context: COP-26-001 ### COP-26-001 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-17) Copalito Project · zinc #### Identity - Hole ID: COP-26-001 - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.06 - Grade Unit: % - Intercept: 6.5 m - From: 43.6 m - To: 50.1 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-001:43.6-50.1 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.06 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 6.9 %·m is below. - Negative factor: 1.06 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.06 Context: COP-26-001 ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-18) Copalito Project · silver #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 445 - Grade Unit: g/t - Intercept: 3.45 m - From: 43.6 m - To: 47.05 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:43.6-47.05 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 445 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 1535.3 g/t·m is moderate \(grade alone is strong; the better of the two is used\). - Positive factor: 445 g/t silver is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 445 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-19) Copalito Project · gold #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 2.26 - Grade Unit: g/t - Intercept: 3.45 m - From: 43.6 m - To: 47.05 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:43.6-47.05 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 2.26 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 7.8 g/t·m is below. - Negative factor: 2.26 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.26 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-20) Copalito Project · lead #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.11 - Grade Unit: % - Intercept: 3.45 m - From: 43.6 m - To: 47.05 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:43.6-47.05 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.11 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.4 %·m is below. - Negative factor: 0.11 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.11 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-21) Copalito Project · zinc #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.24 - Grade Unit: % - Intercept: 3.45 m - From: 43.6 m - To: 47.05 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:43.6-47.05 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.24 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 0.8 %·m is below. - Negative factor: 0.24 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.24 Context: incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-22) Copalito Project · silver #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 848 - Grade Unit: g/t - Intercept: 1.2 m - From: 44.6 m - To: 45.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:44.6-45.8 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 848 g/t silver is exceptional against the default band \[500, 200, 100, 30\] g/t. Grade×width 1017.6 g/t·m is moderate \(grade alone is exceptional; the better of the two is used\). - Positive factor: 848 g/t silver is exceptional on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 848 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-23) Copalito Project · gold #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 4.83 - Grade Unit: g/t - Intercept: 1.2 m - From: 44.6 m - To: 45.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:44.6-45.8 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 4.83 g/t gold is moderate against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 5.8 g/t·m is below \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 4.83 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-24) Copalito Project · lead #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.2 - Grade Unit: % - Intercept: 1.2 m - From: 44.6 m - To: 45.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:44.6-45.8 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.2 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.2 %·m is below. - Negative factor: 0.2 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.20 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-25) Copalito Project · zinc #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.47 - Grade Unit: % - Intercept: 1.2 m - From: 44.6 m - To: 45.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:44.6-45.8 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.47 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 0.6 %·m is below. - Negative factor: 0.47 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.47 Context: and incl. ### COP-26-002 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-26) Copalito Project · silver #### Identity - Hole ID: COP-26-002 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 30 - Grade Unit: g/t - Intercept: 16.7 m - From: 63.2 m - To: 79.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-002:63.2-79.9 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 30 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 501.0 g/t·m is weak. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 30 Context: COP-26-002 ### COP-26-002 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-27) Copalito Project · gold #### Identity - Hole ID: COP-26-002 - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.18 - Grade Unit: g/t - Intercept: 16.7 m - From: 63.2 m - To: 79.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-002:63.2-79.9 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.18 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 3.0 g/t·m is below. - Negative factor: 0.18 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.18 Context: COP-26-002 ### COP-26-002 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-28) Copalito Project · lead #### Identity - Hole ID: COP-26-002 - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.21 - Grade Unit: % - Intercept: 16.7 m - From: 63.2 m - To: 79.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-002:63.2-79.9 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.21 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 3.5 %·m is below. - Negative factor: 0.21 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.21 Context: COP-26-002 ### COP-26-002 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-29) Copalito Project · zinc #### Identity - Hole ID: COP-26-002 - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.72 - Grade Unit: % - Intercept: 16.7 m - From: 63.2 m - To: 79.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-002:63.2-79.9 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.72 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 12.0 %·m is below. - Negative factor: 0.72 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.72 Context: COP-26-002 ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-30) Copalito Project · silver #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 89 - Grade Unit: g/t - Intercept: 3.8 m - From: 63.2 m - To: 67 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:63.2-67 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 89 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 338.2 g/t·m is weak. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 89 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-31) Copalito Project · gold #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.44 - Grade Unit: g/t - Intercept: 3.8 m - From: 63.2 m - To: 67 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:63.2-67 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.44 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.7 g/t·m is below. - Negative factor: 0.44 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.44 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-32) Copalito Project · lead #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.46 - Grade Unit: % - Intercept: 3.8 m - From: 63.2 m - To: 67 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:63.2-67 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.46 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 1.7 %·m is below. - Negative factor: 0.46 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.46 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-33) Copalito Project · zinc #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.71 - Grade Unit: % - Intercept: 3.8 m - From: 63.2 m - To: 67 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:63.2-67 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.71 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 6.5 %·m is below. - Negative factor: 1.71 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.71 Context: incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-34) Copalito Project · silver #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 180 - Grade Unit: g/t - Intercept: 1.5 m - From: 63.2 m - To: 64.7 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:63.2-64.7 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 180 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 270.0 g/t·m is weak \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 180 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-35) Copalito Project · gold #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.81 - Grade Unit: g/t - Intercept: 1.5 m - From: 63.2 m - To: 64.7 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:63.2-64.7 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.81 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.2 g/t·m is below. - Negative factor: 0.81 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.81 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-36) Copalito Project · lead #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.88 - Grade Unit: % - Intercept: 1.5 m - From: 63.2 m - To: 64.7 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:63.2-64.7 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.88 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 1.3 %·m is below. - Negative factor: 0.88 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.88 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-37) Copalito Project · zinc #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 3.46 - Grade Unit: % - Intercept: 1.5 m - From: 63.2 m - To: 64.7 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:63.2-64.7 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 3.46 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 5.2 %·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 3.46 Context: and incl. ### COP-26-003 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-38) Copalito Project · silver #### Identity - Hole ID: COP-26-003 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 89 - Grade Unit: g/t - Intercept: 7.25 m - From: 28.55 m - To: 35.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-003:28.55-35.8 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 89 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 645.3 g/t·m is weak. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 89 Context: COP-26-003 ### COP-26-003 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-39) Copalito Project · gold #### Identity - Hole ID: COP-26-003 - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.46 - Grade Unit: g/t - Intercept: 7.25 m - From: 28.55 m - To: 35.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-003:28.55-35.8 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.46 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 3.3 g/t·m is below. - Negative factor: 0.46 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.46 Context: COP-26-003 ### COP-26-003 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-40) Copalito Project · lead #### Identity - Hole ID: COP-26-003 - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.12 - Grade Unit: % - Intercept: 7.25 m - From: 28.55 m - To: 35.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-003:28.55-35.8 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.12 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.9 %·m is below. - Negative factor: 0.12 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.12 Context: COP-26-003 ### COP-26-003 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-41) Copalito Project · zinc #### Identity - Hole ID: COP-26-003 - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.49 - Grade Unit: % - Intercept: 7.25 m - From: 28.55 m - To: 35.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-003:28.55-35.8 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.49 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 3.6 %·m is below. - Negative factor: 0.49 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.49 Context: COP-26-003 ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-42) Copalito Project · silver #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 149 - Grade Unit: g/t - Intercept: 4.25 m - From: 28.55 m - To: 32.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:28.55-32.8 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 149 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 633.3 g/t·m is weak \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 149 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-43) Copalito Project · gold #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.73 - Grade Unit: g/t - Intercept: 4.25 m - From: 28.55 m - To: 32.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:28.55-32.8 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.73 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 3.1 g/t·m is below. - Negative factor: 0.73 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.73 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-44) Copalito Project · lead #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.19 - Grade Unit: % - Intercept: 4.25 m - From: 28.55 m - To: 32.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:28.55-32.8 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.19 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.8 %·m is below. - Negative factor: 0.19 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.19 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-45) Copalito Project · zinc #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.77 - Grade Unit: % - Intercept: 4.25 m - From: 28.55 m - To: 32.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:28.55-32.8 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.77 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 3.3 %·m is below. - Negative factor: 0.77 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.77 Context: incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-46) Copalito Project · silver #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 234 - Grade Unit: g/t - Intercept: 1.9 m - From: 30 m - To: 31.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:30-31.9 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 234 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 444.6 g/t·m is weak \(grade alone is strong; the better of the two is used\). - Positive factor: 234 g/t silver is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 234 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-47) Copalito Project · gold #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.51 - Grade Unit: g/t - Intercept: 1.9 m - From: 30 m - To: 31.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:30-31.9 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.51 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.0 g/t·m is below. - Negative factor: 0.51 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.51 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-48) Copalito Project · lead #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.14 - Grade Unit: % - Intercept: 1.9 m - From: 30 m - To: 31.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:30-31.9 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.14 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.3 %·m is below. - Negative factor: 0.14 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.14 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-49) Copalito Project · zinc #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.51 - Grade Unit: % - Intercept: 1.9 m - From: 30 m - To: 31.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:30-31.9 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.51 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 1.0 %·m is below. - Negative factor: 0.51 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.51 Context: and incl. ### COP-26-004 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-50) Copalito Project · silver #### Identity - Hole ID: COP-26-004 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 38 - Grade Unit: g/t - Intercept: 32.95 m - From: 43.9 m - To: 76.85 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-004:43.9-76.85 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 38 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 1252.1 g/t·m is moderate \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 38 Context: COP-26-004 ### COP-26-004 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-51) Copalito Project · gold #### Identity - Hole ID: COP-26-004 - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.26 - Grade Unit: g/t - Intercept: 32.95 m - From: 43.9 m - To: 76.85 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-004:43.9-76.85 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.26 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 8.6 g/t·m is below. - Negative factor: 0.26 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.26 Context: COP-26-004 ### COP-26-004 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-52) Copalito Project · lead #### Identity - Hole ID: COP-26-004 - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.24 - Grade Unit: % - Intercept: 32.95 m - From: 43.9 m - To: 76.85 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-004:43.9-76.85 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.24 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 7.9 %·m is below. - Negative factor: 0.24 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.24 Context: COP-26-004 ### COP-26-004 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-53) Copalito Project · zinc #### Identity - Hole ID: COP-26-004 - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.65 - Grade Unit: % - Intercept: 32.95 m - From: 43.9 m - To: 76.85 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-004:43.9-76.85 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.65 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 21.4 %·m is weak \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.65 Context: COP-26-004 ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-54) Copalito Project · silver #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 69 - Grade Unit: g/t - Intercept: 16 m - From: 45.4 m - To: 61.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:45.4-61.4 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 69 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 1104.0 g/t·m is moderate \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 69 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-55) Copalito Project · gold #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.47 - Grade Unit: g/t - Intercept: 16 m - From: 45.4 m - To: 61.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:45.4-61.4 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.47 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 7.5 g/t·m is below. - Negative factor: 0.47 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.47 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-56) Copalito Project · lead #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.4 - Grade Unit: % - Intercept: 16 m - From: 45.4 m - To: 61.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:45.4-61.4 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.4 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 6.4 %·m is below. - Negative factor: 0.4 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.40 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-57) Copalito Project · zinc #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.09 - Grade Unit: % - Intercept: 16 m - From: 45.4 m - To: 61.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:45.4-61.4 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.09 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 17.4 %·m is weak \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.09 Context: incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-58) Copalito Project · silver #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 276 - Grade Unit: g/t - Intercept: 0.85 m - From: 48.4 m - To: 49.25 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:48.4-49.25 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 276 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 234.6 g/t·m is weak \(grade alone is strong; the better of the two is used\). - Positive factor: 276 g/t silver is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 276 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-59) Copalito Project · gold #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.51 - Grade Unit: g/t - Intercept: 0.85 m - From: 48.4 m - To: 49.25 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:48.4-49.25 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.51 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.4 g/t·m is below. - Negative factor: 0.51 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.51 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-60) Copalito Project · lead #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.51 - Grade Unit: % - Intercept: 0.85 m - From: 48.4 m - To: 49.25 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:48.4-49.25 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.51 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.4 %·m is below. - Negative factor: 0.51 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.51 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-61) Copalito Project · zinc #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.58 - Grade Unit: % - Intercept: 0.85 m - From: 48.4 m - To: 49.25 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:48.4-49.25 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.58 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 1.3 %·m is below. - Negative factor: 1.58 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.58 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-62) Copalito Project · silver #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 46 - Grade Unit: g/t - Intercept: 1 m - From: 56.4 m - To: 57.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:56.4-57.4 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 46 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 46.0 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 46 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-63) Copalito Project · gold #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.27 - Grade Unit: g/t - Intercept: 1 m - From: 56.4 m - To: 57.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:56.4-57.4 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.27 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.3 g/t·m is below. - Negative factor: 0.27 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.27 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-64) Copalito Project · lead #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.29 - Grade Unit: % - Intercept: 1 m - From: 56.4 m - To: 57.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:56.4-57.4 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.29 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 1.3 %·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.29 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-65) Copalito Project · zinc #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 5.38 - Grade Unit: % - Intercept: 1 m - From: 56.4 m - To: 57.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:56.4-57.4 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 5.38 % zinc is moderate against the default band \[18, 10, 5, 2\] %. Grade×width 5.4 %·m is below \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 5.38 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-66) Copalito Project · silver #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 39 - Grade Unit: g/t - Intercept: 1 m - From: 60.4 m - To: 61.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:60.4-61.4 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 39 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 39.0 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 39 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-67) Copalito Project · gold #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 2.26 - Grade Unit: g/t - Intercept: 1 m - From: 60.4 m - To: 61.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:60.4-61.4 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 2.26 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.3 g/t·m is below. - Negative factor: 2.26 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.26 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-68) Copalito Project · lead #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.53 - Grade Unit: % - Intercept: 1 m - From: 60.4 m - To: 61.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:60.4-61.4 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.53 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.5 %·m is below. - Negative factor: 0.53 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.53 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-69) Copalito Project · zinc #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.13 - Grade Unit: % - Intercept: 1 m - From: 60.4 m - To: 61.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:60.4-61.4 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.13 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 1.1 %·m is below. - Negative factor: 1.13 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.13 Context: and incl. ### COP-26-005 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-70) Copalito Project · silver #### Identity - Hole ID: COP-26-005 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 20 - Grade Unit: g/t - Intercept: 17.95 m - From: 78.25 m - To: 96.2 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-005:78.25-96.2 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 20 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 359.0 g/t·m is weak \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 20 Context: COP-26-005 ### COP-26-005 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-71) Copalito Project · gold #### Identity - Hole ID: COP-26-005 - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.2 - Grade Unit: g/t - Intercept: 17.95 m - From: 78.25 m - To: 96.2 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-005:78.25-96.2 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.2 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 3.6 g/t·m is below. - Negative factor: 0.2 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.20 Context: COP-26-005 ### COP-26-005 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-72) Copalito Project · lead #### Identity - Hole ID: COP-26-005 - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.13 - Grade Unit: % - Intercept: 17.95 m - From: 78.25 m - To: 96.2 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-005:78.25-96.2 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.13 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 2.3 %·m is below. - Negative factor: 0.13 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.13 Context: COP-26-005 ### COP-26-005 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-73) Copalito Project · zinc #### Identity - Hole ID: COP-26-005 - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.53 - Grade Unit: % - Intercept: 17.95 m - From: 78.25 m - To: 96.2 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-005:78.25-96.2 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.53 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 9.5 %·m is below. - Negative factor: 0.53 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.53 Context: COP-26-005 ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-74) Copalito Project · silver #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 53 - Grade Unit: g/t - Intercept: 3.25 m - From: 87.1 m - To: 90.35 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:87.1-90.35 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 53 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 172.3 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 53 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-75) Copalito Project · gold #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.88 - Grade Unit: g/t - Intercept: 3.25 m - From: 87.1 m - To: 90.35 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:87.1-90.35 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.88 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.9 g/t·m is below. - Negative factor: 0.88 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.88 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-76) Copalito Project · lead #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.51 - Grade Unit: % - Intercept: 3.25 m - From: 87.1 m - To: 90.35 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:87.1-90.35 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.51 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 1.7 %·m is below. - Negative factor: 0.51 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.51 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-77) Copalito Project · zinc #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.67 - Grade Unit: % - Intercept: 3.25 m - From: 87.1 m - To: 90.35 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:87.1-90.35 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.67 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 5.4 %·m is below. - Negative factor: 1.67 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.67 Context: incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-78) Copalito Project · silver #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 132 - Grade Unit: g/t - Intercept: 0.45 m - From: 89 m - To: 89.45 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:89-89.45 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 132 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 59.4 g/t·m is below \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 132 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-79) Copalito Project · gold #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.79 - Grade Unit: g/t - Intercept: 0.45 m - From: 89 m - To: 89.45 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:89-89.45 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.79 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.8 g/t·m is below. - Negative factor: 1.79 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.79 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-80) Copalito Project · lead #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 2.64 - Grade Unit: % - Intercept: 0.45 m - From: 89 m - To: 89.45 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:89-89.45 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 2.64 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 1.2 %·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.64 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-81) Copalito Project · zinc #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 6.14 - Grade Unit: % - Intercept: 0.45 m - From: 89 m - To: 89.45 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:89-89.45 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 6.14 % zinc is moderate against the default band \[18, 10, 5, 2\] %. Grade×width 2.8 %·m is below \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 6.14 Context: and incl. ### COP-26-008 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-82) Copalito Project · silver #### Identity - Hole ID: COP-26-008 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 3 - Grade Unit: g/t - Intercept: 2.7 m - From: 135.2 m - To: 137.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-008:135.2-137.9 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 3 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 8.1 g/t·m is below. - Negative factor: 3 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 3 Context: COP-26-008 ### COP-26-008 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-83) Copalito Project · gold #### Identity - Hole ID: COP-26-008 - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.48 - Grade Unit: g/t - Intercept: 2.7 m - From: 135.2 m - To: 137.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-008:135.2-137.9 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.48 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.3 g/t·m is below. - Negative factor: 0.48 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.48 Context: COP-26-008 ### COP-26-008 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-84) Copalito Project · lead #### Identity - Hole ID: COP-26-008 - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.35 - Grade Unit: % - Intercept: 2.7 m - From: 135.2 m - To: 137.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-008:135.2-137.9 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.35 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.9 %·m is below. - Negative factor: 0.35 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.35 Context: COP-26-008 ### COP-26-008 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-85) Copalito Project · zinc #### Identity - Hole ID: COP-26-008 - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.71 - Grade Unit: % - Intercept: 2.7 m - From: 135.2 m - To: 137.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-008:135.2-137.9 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.71 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 1.9 %·m is below. - Negative factor: 0.71 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.71 Context: COP-26-008 ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-86) Copalito Project · silver #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 7 - Grade Unit: g/t - Intercept: 0.6 m - From: 136.7 m - To: 137.3 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:136.7-137.3 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 7 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 4.2 g/t·m is below. - Negative factor: 7 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 7 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-87) Copalito Project · gold #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 2 - Grade Unit: g/t - Intercept: 0.6 m - From: 136.7 m - To: 137.3 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:136.7-137.3 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 2 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.2 g/t·m is below. - Negative factor: 2 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.00 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-88) Copalito Project · lead #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.64 - Grade Unit: % - Intercept: 0.6 m - From: 136.7 m - To: 137.3 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:136.7-137.3 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.64 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.4 %·m is below. - Negative factor: 0.64 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.64 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-89) Copalito Project · zinc #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.33 - Grade Unit: % - Intercept: 0.6 m - From: 136.7 m - To: 137.3 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:136.7-137.3 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.33 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 0.8 %·m is below. - Negative factor: 1.33 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.33 Context: incl. ### COP-26-009 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-90) Copalito Project · silver #### Identity - Hole ID: COP-26-009 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 83 - Grade Unit: g/t - Intercept: 18.05 m - From: 83.55 m - To: 101.6 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-009:83.55-101.6 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 83 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 1498.2 g/t·m is moderate \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 83 Context: COP-26-009 ### COP-26-009 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-91) Copalito Project · gold #### Identity - Hole ID: COP-26-009 - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.26 - Grade Unit: g/t - Intercept: 18.05 m - From: 83.55 m - To: 101.6 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-009:83.55-101.6 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.26 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 4.7 g/t·m is below. - Negative factor: 0.26 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.26 Context: COP-26-009 ### COP-26-009 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-92) Copalito Project · lead #### Identity - Hole ID: COP-26-009 - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.11 - Grade Unit: % - Intercept: 18.05 m - From: 83.55 m - To: 101.6 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-009:83.55-101.6 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.11 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 2.0 %·m is below. - Negative factor: 0.11 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.11 Context: COP-26-009 ### COP-26-009 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-93) Copalito Project · zinc #### Identity - Hole ID: COP-26-009 - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.36 - Grade Unit: % - Intercept: 18.05 m - From: 83.55 m - To: 101.6 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-009:83.55-101.6 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.36 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 6.5 %·m is below. - Negative factor: 0.36 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.36 Context: COP-26-009 ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-94) Copalito Project · silver #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 141 - Grade Unit: g/t - Intercept: 6.15 m - From: 83.55 m - To: 89.7 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:83.55-89.7 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 141 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 867.2 g/t·m is weak \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 141 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-95) Copalito Project · gold #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.4 - Grade Unit: g/t - Intercept: 6.15 m - From: 83.55 m - To: 89.7 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:83.55-89.7 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.4 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.5 g/t·m is below. - Negative factor: 0.4 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.40 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-96) Copalito Project · lead #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.17 - Grade Unit: % - Intercept: 6.15 m - From: 83.55 m - To: 89.7 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:83.55-89.7 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.17 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 1.0 %·m is below. - Negative factor: 0.17 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.17 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-97) Copalito Project · zinc #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.51 - Grade Unit: % - Intercept: 6.15 m - From: 83.55 m - To: 89.7 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:83.55-89.7 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.51 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 3.1 %·m is below. - Negative factor: 0.51 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.51 Context: incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-98) Copalito Project · silver #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 234 - Grade Unit: g/t - Intercept: 2.75 m - From: 85.85 m - To: 88.6 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:85.85-88.6 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 234 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 643.5 g/t·m is weak \(grade alone is strong; the better of the two is used\). - Positive factor: 234 g/t silver is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 234 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-99) Copalito Project · gold #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.73 - Grade Unit: g/t - Intercept: 2.75 m - From: 85.85 m - To: 88.6 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:85.85-88.6 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.73 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.0 g/t·m is below. - Negative factor: 0.73 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.73 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-100) Copalito Project · lead #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.3 - Grade Unit: % - Intercept: 2.75 m - From: 85.85 m - To: 88.6 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:85.85-88.6 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.3 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.8 %·m is below. - Negative factor: 0.3 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.30 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-101) Copalito Project · zinc #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.86 - Grade Unit: % - Intercept: 2.75 m - From: 85.85 m - To: 88.6 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:85.85-88.6 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.86 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 2.4 %·m is below. - Negative factor: 0.86 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.86 Context: and incl. ### COP-26-010 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-102) Copalito Project · silver #### Identity - Hole ID: COP-26-010 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 191 - Grade Unit: g/t - Intercept: 1 m - From: 101 m - To: 102 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-010:101-102 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 191 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 191.0 g/t·m is below \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 191 Context: COP-26-010 ### COP-26-010 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-103) Copalito Project · gold #### Identity - Hole ID: COP-26-010 - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 3.84 - Grade Unit: g/t - Intercept: 1 m - From: 101 m - To: 102 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-010:101-102 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 3.84 g/t gold is weak against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 3.8 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 3.84 Context: COP-26-010 ### COP-26-010 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-104) Copalito Project · lead #### Identity - Hole ID: COP-26-010 - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.05 - Grade Unit: % - Intercept: 1 m - From: 101 m - To: 102 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-010:101-102 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.05 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.1 %·m is below. - Negative factor: 0.05 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.05 Context: COP-26-010 ### COP-26-010 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-105) Copalito Project · zinc #### Identity - Hole ID: COP-26-010 - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.12 - Grade Unit: % - Intercept: 1 m - From: 101 m - To: 102 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-010:101-102 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.12 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 0.1 %·m is below. - Negative factor: 0.12 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.12 Context: COP-26-010 ### COP-26-011 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-106) Copalito Project · silver #### Identity - Hole ID: COP-26-011 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 8 - Grade Unit: g/t - Intercept: 3.9 m - From: 107.65 m - To: 111.55 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-011:107.65-111.55 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 8 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 31.2 g/t·m is below. - Negative factor: 8 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 8 Context: COP-26-011 ### COP-26-011 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-107) Copalito Project · gold #### Identity - Hole ID: COP-26-011 - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.86 - Grade Unit: g/t - Intercept: 3.9 m - From: 107.65 m - To: 111.55 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-011:107.65-111.55 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.86 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 3.4 g/t·m is below. - Negative factor: 0.86 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.86 Context: COP-26-011 ### COP-26-011 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-108) Copalito Project · lead #### Identity - Hole ID: COP-26-011 - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.49 - Grade Unit: % - Intercept: 3.9 m - From: 107.65 m - To: 111.55 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-011:107.65-111.55 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.49 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 1.9 %·m is below. - Negative factor: 0.49 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.49 Context: COP-26-011 ### COP-26-011 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-109) Copalito Project · zinc #### Identity - Hole ID: COP-26-011 - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.83 - Grade Unit: % - Intercept: 3.9 m - From: 107.65 m - To: 111.55 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-011:107.65-111.55 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.83 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 3.2 %·m is below. - Negative factor: 0.83 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.83 Context: COP-26-011 ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-110) Copalito Project · silver #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 12 - Grade Unit: g/t - Intercept: 0.7 m - From: 108.6 m - To: 109.3 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:108.6-109.3 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 12 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 8.4 g/t·m is below. - Negative factor: 12 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 12 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-111) Copalito Project · gold #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 2.15 - Grade Unit: g/t - Intercept: 0.7 m - From: 108.6 m - To: 109.3 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:108.6-109.3 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 2.15 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.5 g/t·m is below. - Negative factor: 2.15 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.15 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-112) Copalito Project · lead #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.32 - Grade Unit: % - Intercept: 0.7 m - From: 108.6 m - To: 109.3 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:108.6-109.3 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.32 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.2 %·m is below. - Negative factor: 0.32 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.32 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-113) Copalito Project · zinc #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.27 - Grade Unit: % - Intercept: 0.7 m - From: 108.6 m - To: 109.3 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:108.6-109.3 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.27 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 0.2 %·m is below. - Negative factor: 0.27 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.27 Context: incl. ### COP-26-012 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-114) Copalito Project · gold #### Identity - Hole ID: COP-26-012 - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.94 - Grade Unit: g/t - Intercept: 3.5 m - From: 124.75 m - To: 128.25 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-012:124.75-128.25 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.94 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 6.8 g/t·m is below. - Negative factor: 1.94 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.94 Context: COP-26-012 ### COP-26-012 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-115) Copalito Project · lead #### Identity - Hole ID: COP-26-012 - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 9.47 - Grade Unit: % - Intercept: 3.5 m - From: 124.75 m - To: 128.25 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-012:124.75-128.25 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 9.47 % lead is strong against the default band \[10, 6, 3, 1\] %. Grade×width 33.1 %·m is moderate \(grade alone is strong; the better of the two is used\). - Positive factor: 9.47 % lead is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 9.47 Context: COP-26-012 ### COP-26-012 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-116) Copalito Project · zinc #### Identity - Hole ID: COP-26-012 - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 14.61 - Grade Unit: % - Intercept: 3.5 m - From: 124.75 m - To: 128.25 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-012:124.75-128.25 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 14.61 % zinc is strong against the default band \[18, 10, 5, 2\] %. Grade×width 51.1 %·m is moderate \(grade alone is strong; the better of the two is used\). - Positive factor: 14.61 % zinc is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 14.61 Context: COP-26-012 ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-117) Copalito Project · silver #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 34 - Grade Unit: g/t - Intercept: 1.2 m - From: 126 m - To: 127.2 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:126-127.2 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 34 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 40.8 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 34 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-118) Copalito Project · gold #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 3.4 - Grade Unit: g/t - Intercept: 1.2 m - From: 126 m - To: 127.2 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:126-127.2 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 3.4 g/t gold is weak against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 4.1 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 3.40 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-119) Copalito Project · lead #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 19 - Grade Unit: % - Intercept: 1.2 m - From: 126 m - To: 127.2 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:126-127.2 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 19 % lead is exceptional against the default band \[10, 6, 3, 1\] %. Grade×width 22.8 %·m is weak \(grade alone is exceptional; the better of the two is used\). - Positive factor: 19 % lead is exceptional on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 19.00 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-120) Copalito Project · zinc #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 21 - Grade Unit: % - Intercept: 1.2 m - From: 126 m - To: 127.2 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:126-127.2 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 21 % zinc is exceptional against the default band \[18, 10, 5, 2\] %. Grade×width 25.2 %·m is weak \(grade alone is exceptional; the better of the two is used\). - Positive factor: 21 % zinc is exceptional on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 21.00 Context: incl. ### COP-26-013 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-121) Copalito Project · silver #### Identity - Hole ID: COP-26-013 - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 26 - Grade Unit: g/t - Intercept: 3.15 m - From: 32.35 m - To: 35.5 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-013:32.35-35.5 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 26 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 81.9 g/t·m is below. - Negative factor: 26 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 26 Context: COP-26-013 ### COP-26-013 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-122) Copalito Project · gold #### Identity - Hole ID: COP-26-013 - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.11 - Grade Unit: g/t - Intercept: 3.15 m - From: 32.35 m - To: 35.5 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-013:32.35-35.5 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.11 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.3 g/t·m is below. - Negative factor: 0.11 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.11 Context: COP-26-013 ### COP-26-013 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-123) Copalito Project · lead #### Identity - Hole ID: COP-26-013 - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.62 - Grade Unit: % - Intercept: 3.15 m - From: 32.35 m - To: 35.5 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-013:32.35-35.5 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.62 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 2.0 %·m is below. - Negative factor: 0.62 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.62 Context: COP-26-013 ### COP-26-013 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-124) Copalito Project · zinc #### Identity - Hole ID: COP-26-013 - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.6 - Grade Unit: % - Intercept: 3.15 m - From: 32.35 m - To: 35.5 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-013:32.35-35.5 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.6 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 5.0 %·m is below. - Negative factor: 1.6 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.60 Context: COP-26-013 ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-125) Copalito Project · silver #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 119 - Grade Unit: g/t - Intercept: 0.35 m - From: 34.6 m - To: 34.95 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:34.6-34.95 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 119 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 41.6 g/t·m is below \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 119 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-126) Copalito Project · gold #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.41 - Grade Unit: g/t - Intercept: 0.35 m - From: 34.6 m - To: 34.95 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:34.6-34.95 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.41 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.1 g/t·m is below. - Negative factor: 0.41 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.41 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-127) Copalito Project · lead #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 4.27 - Grade Unit: % - Intercept: 0.35 m - From: 34.6 m - To: 34.95 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:34.6-34.95 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 4.27 % lead is moderate against the default band \[10, 6, 3, 1\] %. Grade×width 1.5 %·m is below \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 4.27 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-128) Copalito Project · zinc #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 8.76 - Grade Unit: % - Intercept: 0.35 m - From: 34.6 m - To: 34.95 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:34.6-34.95 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 8.76 % zinc is moderate against the default band \[18, 10, 5, 2\] %. Grade×width 3.1 %·m is below \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 8.76 Context: incl. ### COP-26-014 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-129) Copalito Project · gold #### Identity - Hole ID: COP-26-014 - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.5 - Grade Unit: g/t - Intercept: 24.2 m - From: 22.5 m - To: 46.7 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-014:22.5-46.7 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.5 g/t gold is weak against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 12.1 g/t·m is weak \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.50 Context: COP-26-014 ### COP-26-014 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-130) Copalito Project · lead #### Identity - Hole ID: COP-26-014 - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.13 - Grade Unit: % - Intercept: 24.2 m - From: 22.5 m - To: 46.7 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-014:22.5-46.7 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.13 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 3.1 %·m is below. - Negative factor: 0.13 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.13 Context: COP-26-014 ### COP-26-014 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-131) Copalito Project · zinc #### Identity - Hole ID: COP-26-014 - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.47 - Grade Unit: % - Intercept: 24.2 m - From: 22.5 m - To: 46.7 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-014:22.5-46.7 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.47 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 11.4 %·m is below. - Negative factor: 0.47 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.47 Context: COP-26-014 ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-132) Copalito Project · silver #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 340 - Grade Unit: g/t - Intercept: 7.6 m - From: 26.2 m - To: 33.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:26.2-33.8 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 340 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 2584.0 g/t·m is moderate \(grade alone is strong; the better of the two is used\). - Positive factor: 340 g/t silver is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 340 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-133) Copalito Project · gold #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.22 - Grade Unit: g/t - Intercept: 7.6 m - From: 26.2 m - To: 33.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:26.2-33.8 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.22 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 9.3 g/t·m is below. - Negative factor: 1.22 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.22 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-134) Copalito Project · lead #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.34 - Grade Unit: % - Intercept: 7.6 m - From: 26.2 m - To: 33.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:26.2-33.8 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.34 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 2.6 %·m is below. - Negative factor: 0.34 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.34 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-135) Copalito Project · zinc #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.18 - Grade Unit: % - Intercept: 7.6 m - From: 26.2 m - To: 33.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:26.2-33.8 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.18 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 9.0 %·m is below. - Negative factor: 1.18 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.18 Context: incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-136) Copalito Project · silver #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 569 - Grade Unit: g/t - Intercept: 2.1 m - From: 28.4 m - To: 30.5 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:28.4-30.5 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 569 g/t silver is exceptional against the default band \[500, 200, 100, 30\] g/t. Grade×width 1194.9 g/t·m is moderate \(grade alone is exceptional; the better of the two is used\). - Positive factor: 569 g/t silver is exceptional on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 569 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-137) Copalito Project · gold #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.43 - Grade Unit: g/t - Intercept: 2.1 m - From: 28.4 m - To: 30.5 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:28.4-30.5 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.43 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 3.0 g/t·m is below. - Negative factor: 1.43 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.43 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-138) Copalito Project · lead #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.93 - Grade Unit: % - Intercept: 2.1 m - From: 28.4 m - To: 30.5 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:28.4-30.5 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.93 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 2.0 %·m is below. - Negative factor: 0.93 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.93 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-139) Copalito Project · zinc #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 3.07 - Grade Unit: % - Intercept: 2.1 m - From: 28.4 m - To: 30.5 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:28.4-30.5 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 3.07 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 6.4 %·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 3.07 Context: and incl. ### COP-26-018 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-140) Copalito Project · gold #### Identity - Hole ID: COP-26-018 - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.86 - Grade Unit: g/t - Intercept: 4.05 m - From: 117.4 m - To: 121.45 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-018:117.4-121.45 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.86 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 7.5 g/t·m is below. - Negative factor: 1.86 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.86 Context: COP-26-018 ### COP-26-018 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-141) Copalito Project · lead #### Identity - Hole ID: COP-26-018 - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.19 - Grade Unit: % - Intercept: 4.05 m - From: 117.4 m - To: 121.45 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-018:117.4-121.45 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.19 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 4.8 %·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.19 Context: COP-26-018 ### COP-26-018 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-142) Copalito Project · zinc #### Identity - Hole ID: COP-26-018 - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 4.08 - Grade Unit: % - Intercept: 4.05 m - From: 117.4 m - To: 121.45 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-018:117.4-121.45 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 4.08 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 16.5 %·m is weak. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 4.08 Context: COP-26-018 ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-143) Copalito Project · silver #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 10 - Grade Unit: g/t - Intercept: 2 m - From: 117.4 m - To: 119.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:117.4-119.4 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 10 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 20.0 g/t·m is below. - Negative factor: 10 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 10 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-144) Copalito Project · gold #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 2.36 - Grade Unit: g/t - Intercept: 2 m - From: 117.4 m - To: 119.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:117.4-119.4 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 2.36 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 4.7 g/t·m is below. - Negative factor: 2.36 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.36 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-145) Copalito Project · lead #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.37 - Grade Unit: % - Intercept: 2 m - From: 117.4 m - To: 119.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:117.4-119.4 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.37 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 2.7 %·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.37 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-146) Copalito Project · zinc #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 4.15 - Grade Unit: % - Intercept: 2 m - From: 117.4 m - To: 119.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:117.4-119.4 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 4.15 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 8.3 %·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 4.15 Context: incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-147) Copalito Project · silver #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 18 - Grade Unit: g/t - Intercept: 0.65 m - From: 120.8 m - To: 121.45 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:120.8-121.45 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 18 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 11.7 g/t·m is below. - Negative factor: 18 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 18 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-148) Copalito Project · gold #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 3.8 - Grade Unit: g/t - Intercept: 0.65 m - From: 120.8 m - To: 121.45 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:120.8-121.45 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 3.8 g/t gold is weak against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.5 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 3.80 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-149) Copalito Project · lead #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 3.14 - Grade Unit: % - Intercept: 0.65 m - From: 120.8 m - To: 121.45 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:120.8-121.45 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 3.14 % lead is moderate against the default band \[10, 6, 3, 1\] %. Grade×width 2.0 %·m is below \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 3.14 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-150) Copalito Project · zinc #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 11.85 - Grade Unit: % - Intercept: 0.65 m - From: 120.8 m - To: 121.45 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:120.8-121.45 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 11.85 % zinc is strong against the default band \[18, 10, 5, 2\] %. Grade×width 7.7 %·m is below \(grade alone is strong; the better of the two is used\). - Positive factor: 11.85 % zinc is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 11.85 Context: and incl. ### COP-26-019 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-151) Copalito Project · gold #### Identity - Hole ID: COP-26-019 - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 3.53 - Grade Unit: g/t - Intercept: 3.4 m - From: 118 m - To: 121.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-019:118-121.4 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 3.53 g/t gold is weak against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 12.0 g/t·m is weak. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 3.53 Context: COP-26-019 ### COP-26-019 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-152) Copalito Project · lead #### Identity - Hole ID: COP-26-019 - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.45 - Grade Unit: % - Intercept: 3.4 m - From: 118 m - To: 121.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-019:118-121.4 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.45 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 4.9 %·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.45 Context: COP-26-019 ### COP-26-019 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-153) Copalito Project · zinc #### Identity - Hole ID: COP-26-019 - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 4.41 - Grade Unit: % - Intercept: 3.4 m - From: 118 m - To: 121.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-019:118-121.4 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 4.41 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 15.0 %·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 4.41 Context: COP-26-019 ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-154) Copalito Project · silver #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 23 - Grade Unit: g/t - Intercept: 0.8 m - From: 118 m - To: 118.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:118-118.8 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 23 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 18.4 g/t·m is below. - Negative factor: 23 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 23 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-155) Copalito Project · gold #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 4.76 - Grade Unit: g/t - Intercept: 0.8 m - From: 118 m - To: 118.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:118-118.8 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 4.76 g/t gold is moderate against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 3.8 g/t·m is below \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 4.76 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-156) Copalito Project · lead #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.3 - Grade Unit: % - Intercept: 0.8 m - From: 118 m - To: 118.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:118-118.8 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.3 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 1.0 %·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.30 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-157) Copalito Project · zinc #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 3.64 - Grade Unit: % - Intercept: 0.8 m - From: 118 m - To: 118.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:118-118.8 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 3.64 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 2.9 %·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 3.64 Context: incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-158) Copalito Project · silver #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 9 - Grade Unit: g/t - Intercept: 0.8 m - From: 119.35 m - To: 120.15 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:119.35-120.15 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 9 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 7.2 g/t·m is below. - Negative factor: 9 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 9 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-159) Copalito Project · gold #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 5.37 - Grade Unit: g/t - Intercept: 0.8 m - From: 119.35 m - To: 120.15 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:119.35-120.15 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 5.37 g/t gold is moderate against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 4.3 g/t·m is below \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 5.37 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-160) Copalito Project · lead #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.65 - Grade Unit: % - Intercept: 0.8 m - From: 119.35 m - To: 120.15 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:119.35-120.15 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.65 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 1.3 %·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.65 Context: and incl. ### and incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-161) Copalito Project · zinc #### Identity - Hole ID: and incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 10.05 - Grade Unit: % - Intercept: 0.8 m - From: 119.35 m - To: 120.15 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: and incl.:119.35-120.15 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 10.05 % zinc is strong against the default band \[18, 10, 5, 2\] %. Grade×width 8.0 %·m is below \(grade alone is strong; the better of the two is used\). - Positive factor: 10.05 % zinc is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 10.05 Context: and incl. ### COP-26-023 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-162) Copalito Project · gold #### Identity - Hole ID: COP-26-023 - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.33 - Grade Unit: g/t - Intercept: 48.4 m - From: 81.6 m - To: 130 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-023:81.6-130 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.33 g/t gold is weak against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 16.0 g/t·m is weak \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.33 Context: COP-26-023 ### COP-26-023 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-163) Copalito Project · lead #### Identity - Hole ID: COP-26-023 - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.1 - Grade Unit: % - Intercept: 48.4 m - From: 81.6 m - To: 130 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-023:81.6-130 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.1 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 4.8 %·m is below. - Negative factor: 0.1 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.10 Context: COP-26-023 ### COP-26-023 [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-164) Copalito Project · zinc #### Identity - Hole ID: COP-26-023 - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.57 - Grade Unit: % - Intercept: 48.4 m - From: 81.6 m - To: 130 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: COP-26-023:81.6-130 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.57 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 27.6 %·m is weak \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.57 Context: COP-26-023 ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-165) Copalito Project · silver #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: silver - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 103 - Grade Unit: g/t - Intercept: 8 m - From: 83.9 m - To: 91.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:83.9-91.9 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 103 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 824.0 g/t·m is weak \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 103 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-166) Copalito Project · gold #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: gold - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 1.11 - Grade Unit: g/t - Intercept: 8 m - From: 83.9 m - To: 91.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:83.9-91.9 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 1.11 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 8.9 g/t·m is below. - Negative factor: 1.11 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.11 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-167) Copalito Project · lead #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: lead - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.18 - Grade Unit: % - Intercept: 8 m - From: 83.9 m - To: 91.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:83.9-91.9 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.18 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 1.4 %·m is below. - Negative factor: 0.18 % lead is below the weak threshold \(1 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.18 Context: incl. ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/mercado-minerals-provides-summary-of-copalito-drill-program-highlights-new-renat--fc22b206-a545-4def-b00a-2da1b33877d1#fact-drill-facts-168) Copalito Project · zinc #### Identity - Hole ID: incl. - Project: Copalito Project - Commodity: zinc - Region: mexico - Reported Region: Sinaloa, Mexico - Ticker: MERC.CN #### Geometry - Grade: 0.86 - Grade Unit: % - Intercept: 8 m - From: 83.9 m - To: 91.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:83.9-91.9 - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-19T00:00:00.000Z Reasoning: Expanded from assay table. 0.86 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 6.9 %·m is below. - Negative factor: 0.86 % zinc is below the weak threshold \(2 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.86 Context: incl. ## 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.