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Stunning and Beautiful sunny day view of Sierra Madre Range without the sun_edited_edited.

ZAMORA

Project Locations

Project Locations

Map of Mercado Minerals' Silver mining project "Zamora" and recent discoveries in Mexico Silver Belt Sinaloa
Western Mexico Silver Belt Sinaloa, Mexico

The Emerging Western Silver Belt of the Prolific Sierra Madre Occidental where existing mines and recent discoveries include:

  • Vizsla Silver, Panuco District

  • First Majestic Silver, San Dimas

  • Pan American Silver, Alamo Dorado

  • Greater than 3000 ha located in a mining friendly jurisdiction.

  • Properties located near power, roads,

  • infrastructure and local workforces

Zamora

  • 110 km north from Mazatlán

  • 23 km southwest of the Mining town of Cosala

  • 40 km west of Prime Mining’s Los Reyes project
    (pending $450 mm acquisition by Torex Gold Resources Inc)

Property Highlights

  • District scale opportunity with 4 concessions covering 378 Ha and the rights to potentially bring another 2,999 Ha of concessions back into good standing. If successful, Mercado will own a total 
    of 3,377 Ha

  • 40 km west of Prime Mining’s Los Reyes Project, currently being acquired by Torex Gold Resources Inc. (pending). 35 km southwest of America’s Gold and Silver Corporation’s Cosala Operations

  • Cumulative strike of over 8 km from structures with 14 historic high grade silver gold mines on them (3 on granted concessions – 11 on pending concessions)

  • Never drill tested

  • Surface highlight results include: 14,561 g/t silver and 15.53 g/t gold (grab sample); 286 g/t silver and 2.54 g/t gold over 1.00 m (channel sample) and 8.00 g/t gold (soil sample)
     

(Grab samples from outcrop/bedrock are selective by nature and may not be representative of the mineralization on the project.)

Copalite-Property-Highlights.png

Significant Results

  • Historic sampling by previous operators at the Campanillas underground workings returned
    14,561 g/t silver and 15.53 g/t gold

  • Channel sampling at El Triunfo returned 286 g/t silver and 2.54 g/t gold over 1 m

  • A soil sample near the Periguete workings is reported to have returned 8 g/t gold
     

Mineral Ore

The technical information and data for the Zamora property appears to be of a good standard.  However, the QP has not conducted sufficient work to independently validate the assay rock sample results from Zamora. Therefore, the Company is treating the Zamora results as historical in nature and are not to be relied on. The QP will independently verify results of the historic work during a site visit later this year.

Zamora Property
Table of Technical information and data for the Zamora property
Zamora Pending Concessions
3
Table of significant rock silver results and data for the Zamora project and surrounding area

3     These results are from outside current concessions held by Concordia, which is in the process of bringing the claims back into good standing. There is no guarantee that Mercado will be successful in bringing the extended area of concessions back into good standing and thereby secure title. 
The reader is cautioned that all listed results are of a historic nature, have not been verified by the QP and are not to be relied on. The results from the area surrounding Zamora (pending concessions) are not necessarily indicative of the mineralization on the Zamora property.  

Opportunity & Next Steps

  • Zamora presents a District scale opportunity with 14 known high grade silver – gold vein occurrences and historic small-scale mines that cover a cumulative strike length of structure and veins of over 8 km
     

  • The entire system has never been drilled
     

  • Primary objective of consolidating the land position and bringing almost 3000 ha of concessions back into good standing with the government, thereby securing title
     

  • Systematic surface and underground sampling of the known systems will be undertaken to define first phase drill targets for discovery testing

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