Dan Rodriguez, Co-founder and CEO of Mercado Minerals, leads silver exploration in Mexico. He outlines a 3,000m, 25‑hole drill campaign at Copalito. Historical drilling and new vein discoveries are being integrated. High‑resolution LiDAR and drone magnetics are guiding targets. Initial assay batches are expected within 8–12 weeks.
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insights INSIGHT
Focused Inaugural 3,000m Drill Campaign
Mercado's 3,000m program is a 25-hole inaugural campaign focused on advancing known veins like Cinco Senores and El Agua.
The program uses infill and depth testing on historic targets to expand strike and follow mineralization down dip.
insights INSIGHT
High-Grade Historic Intercepts Guide Targets
Cinco Senores hosts the standout historic intercept of ~13m at 343 g/t AgEq and is a prime target for follow-up.
Other targets with prior results include El Agua and Pilar, with Pilar showing notable gold values.
insights INSIGHT
Shallow Step-Out Holes With Deeper Tests Planned
Holes are shallow with deepest planned ~150m and initial averages ~50–80m to progressively test down-dip.
The shallow, step-out approach lets the company build data quickly before committing to deeper drilling.
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In this episode, we are joined by Dan Rodriguez, Co-Founder and CEO of Mercado Minerals (CSE: MERC). With a primary focus on silver in the prolific Western Silver Belt of Mexico, Dan provides an in-depth update on the company’s flagship Copalito Project. Following the recent announcement of a 3,000-meter diamond drill program, we discuss what’s possible with this initial program.
Key Discussion Points:
The 3,000-Meter Drill Program: An overview of the 25-hole inaugural campaign currently underway, focusing on known veins such as 5 Señores and El Agua.
Historical Data Integration: How the team is utilizing 81 historical drill holes to refine targets.
New Vein Discoveries: Insight into the recently identified extensions and entirely new mineralized zones.
Technical Advancements: The role of high-resolution LiDAR and drone magnetic surveys in pinpointing surface expressions and historical workings.
Corporate Outlook: A look at the company’s treasury of $5.5M and the timeline for initial drill results expected within the next 8 to 12 weeks.
If you have any follow up questions for Dan please email me at Fleck@kereport.com.
Investment Disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
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