Mercado Minerals Ltd. is pleased to announce the commencement of the Company's inaugural 3,000 metre diamond drill program at its flagship Copalito project in Sinaloa, Mexico. The Company has contracted HR Drilling, S.A.S. de C.V. to perform the drill program. Highlights 3,000 metre diamond drill program, approximately twenty-five drill holes. Targeting five segments of four known veins at 5 Señores, El Agua, La Chiva and [...]
Mercado Minerals Ltd. is pleased to report continued progress from ongoing exploration activities at its flagship Copalito Project . The Company's technical team in Mexico has been actively mapping, sampling, and advancing preparations for Mercado's inaugural 3,000-metre diamond drill program. Exploration Highlights Newly discovered veins in outcrop have been identified in three previously unexplored areas, with [...]
Mercado Minerals Ltd. is pleased to announce that it has received an exploration drill permit for its Copalito Project in Sinaloa, Mexico. The Company has been preparing for its inaugural 3,000-metre diamond drill program at Copalito, which is expected to commence in the first quarter of this year. Drilling Permit The permit authorizes the Company to utilize both existing and newly constructed drill pads on the Project [...]
Mercado Minerals Ltd. is pleased to announce that it has commenced its geophysical surveys over the Copalito Project in Sinaloa, Mexico. The First phase will consist of a high-resolution UAV magnetic survey followed by a drone LiDAR survey. Mercado has engaged Jesus Mendez Geoconsultores to perform the magnetic survey and GeoDigital Imaging de Mexico for the drone LiDAR survey. Daniel Rodriguez, CEO & Director, comments [...]
Mercado Minerals Ltd. is pleased to announce that it has officially commenced its first field exploration program. The Company's technical team has mobilized to the Copalito Project in Sinaloa, Mexico, where they will execute the first phase of exploration activities to advance Mercado's flagship asset. Program Highlights Commencement of a detailed mapping and prospecting program focused across 40% of the Project area [...]
Mercado Minerals Ltd. is pleased to announce that its wholly owned subsidiary, Concordia Silver Company S.A. de C.V. , has entered into two community access and exploration agreements with local Ejidos in Copalito and the surrounding area in Sinaloa, Mexico. Following productive meetings with Ejido Llano Grande and Ejido La Lapara, both communities and the Company reached mutually beneficial outcomes. With the Agreements [...]
Mercado Minerals Ltd. is pleased to announce that it has granted an aggregate of 3,785,000 incentive stock options to certain directors, officers, and consultants of the Company. The Options are exercisable at a price of $0.38 per share until December 5, 2030, vest immediately, and are subject to the policies of the Canadian Securities Exchange and the terms of the Company's stock option plan. The Company has also entered [...]
Mercado Minerals Ltd. is pleased to announce the closing of its non-brokered private placement financing . In connection with closing of the Offering, the Company issued 5,025,000 at a price of C$0.20 per Unit for gross proceeds of C$1,005,000. The Offering included participation and a strategic investment from an institutional fund. After the close of this Offering Mercado is 19.90% held by strategic and institutional [...]
Mercado Minerals Ltd. is pleased to announce the closing of its non-brokered private placement financing . In connection with closing of the Offering, the Company issued 27,990,000 units at a price of C$0.20 per Unit for gross proceeds of C$5,598,000. The Offering included participation and a strategic investment from Vizsla Silver Corp. in Mercado. Daniel Rodriguez, CEO and Director commented, "We received overwhelming [...]
Mercado Minerals Ltd. is pleased to announce that due to strong investor interest, the previously announced non-brokered offering of up to 27,990,000 units of the Company , is fully subscribed and that the Company intends to conduct a subsequent non-brokered private placement financing of up to 5,025,000 units at a price of C$0.20 per unit for gross proceeds of up to $1,005,000 . Each Unit in the Subsequent Offering shall [...]
Mercado Minerals Ltd. is pleased to announce that due to strong investor interest, the Company has upsized its previously announced non-brokered private placement. The Company will offer 27,990,000 units of the Company units of the Company at a price of C$0.20 per Unit for gross proceeds to the Company of up to C$5,598,000 . Each Unit shall consist of one common share of the Company and one-half of one Common Share [...]
Mercado Minerals Ltd. is pleased to announce a non-brokered private placement of up to 27,500,000 units of the Company at a price of C$0.20 per Unit for gross proceeds to the Company of up to C$5,500,000 . Each Unit shall consist of one common share of the Company and one-half of one Common Share purchase warrant . Each Warrant will be exercisable to acquire one Common Share at a price of C$0.35 for a period of 36 months [...]
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