Copalito Project
Project of Mercado Minerals Ltd. (MERC)
- StageDrilling
- LocationSinaloa, Mexico
- CommoditiesSilver
- Operating permitDrill Permit (granted), 2026-02-10
- News releases12
- Reported2025-07-28 – 2026-08-19
- Also calledCopalito, Copalito Property
Copalito Project as reported in Mercado Minerals Ltd.’s news releases, read by Mining News Terminal. Each row links to its release.
Drill results
| Date | Hole | Best intercept | Holes in release |
|---|
| 2026-07-28 | COP-26-019 | 403 g/t AgEq / 3.4m | 34 |
| 2026-06-18 | COP-26-012 | 686 g/t AgEq / 3.5m | 126 |
| 2026-04-29 | COP-26-001 | 256 g/t Ag / 6.5m | 28 |
Exploration programs
| Date | Program | Size | Method and metal |
|---|
| 2026-08-19 | drilling, planned | 25 holes | diamond · gold, silver |
| 2026-07-28 | drilling, underway | 7 holes | gold, silver |
| 2026-06-18 | drilling, underway | — | gold, silver |
| 2026-04-29 | drilling, completed | — | gold, silver |
| 2026-04-21 | drilling, underway | 12 holes | diamond |
| 2026-04-21 | ground, underway | — | — |
| 2026-04-02 | geophysics, completed | — | — |
| 2026-03-10 | drilling, started | — | diamond · gold, silver |
| 2026-03-10 | drilling, completed | 81 holes | — |
| 2026-02-19 | drilling, planned | — | diamond |
| 2026-02-19 | geophysics, completed | — | — |
| 2026-02-10 | drilling, planned | — | diamond |
| 2026-02-10 | drilling, completed | 81 holes | diamond |
| 2026-02-10 | geophysics, completed | — | — |
| 2026-02-10 | ground, started | — | — |
| 2026-01-28 | geophysics, started | — | — |
| 2026-01-13 | drilling, planned | — | gold, silver |
| 2026-01-13 | ground, completed | — | gold, silver |
| 2025-07-28 | drilling, completed | 81 holes | diamond · gold, silver |
Permits
| Date | Permit | Status | Authority |
|---|
| 2026-02-10 | Drill Permit | granted | — |
Land deals
| Date | Deal | Status | Interest | Area |
|---|
| 2025-07-28 | property purchase | proposed | 100% | 2,820 ha |
News timeline
| Date | Headline |
|---|
| 2026-08-19 | Mercado Minerals Provides Summary of Copalito Drill Program, Highlights New Renata Vein and Phase II Exploration Plans |
| 2026-07-28 | Mercado Minerals Intersects 0.80 Metres of 675 g/t Silver Equivalent within 3.40 Metres of 403 g/t Silver Equivalent at El Pilar Vein Copalito Project |
| 2026-06-18 | Mercado Minerals Intersects 1.20 Metres of 1120 g/t Silver Equivalent Within 3.50 Metres of 686 g/t Silver Equivalent at El Agua Vein Copalito Project |
| 2026-04-29 | Mercado Minerals Intersects 6.50 Metres of 256 g/t Silver and 1.46 g/t Gold from 43.60 m Depth at 5 Senores Vein Copalito Project |
| 2026-04-21 | Mercado Minerals Provides Update on Drill Program at Copalito |
| 2026-04-02 | Mercado Minerals Interprets Multiple New Targets from LiDAR & Geophysical Surveys at Copalito |
| 2026-03-10 | Mercado Minerals Commences Inaugural 3,000 Metre Diamond Drill Program at Copalito |
| 2026-02-19 | Mercado Minerals Provides Exploration Update on Copalito; Reveals New Vein Discoveries |
| 2026-02-10 | Mercado Minerals Receives Drill Permit for Copalito Project |
| 2026-01-28 | Mercado Minerals Announces Commencement of Drone Magnetic Survey and Drone LiDAR Survey on the Copalito Project |
| 2026-01-13 | Mercado Minerals Announces Initiation of Inaugural Field Exploration Program at Copalito |
| 2025-07-28 | Mercado Minerals Provides Update on LOI Signed with Concordia Silver - Pursues Two Projects within the Emerging Western Mexico Silver Belt of the Prolific Sierra Madre Occidental |
Other projects of Mercado Minerals Ltd.
Mercado Minerals Ltd. properties
Related lists
Browse MineTerminal Pro