Mercado Minerals Interprets Multiple New Targets from LiDAR & Geophysical Surveys at Copalito
Executive Summary
- Mercado Minerals released detailed interpretation of new LiDAR and airborne magnetic surveys at the Copalito Project, identifying numerous previously unknown adits, pits, veins, shafts, and outcrops.
- The analysis uncovered 21 adits (19 known, 2 new), 56 pits (12 known, 44 new), 57 vein segments (12 known, 45 new), 1 documented shaft, and 64 outcrops across the property.
- Planning is underway to sample, map, and evaluate these newly generated targets for future drill testing.
Key Details
- LiDAR Findings:
- 21 adits identified – 19 previously known, 2 newly recognized.
- 56 pits mapped – 12 known, 44 newly interpreted features.
- 1 shaft documented from historic data.
- 57 vein segments outlined – 12 known, 45 new structures.
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64 outcrops detected throughout the project area.
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Airborne Magnetic Survey:
- High‑resolution magnetic data (Reduced to Pole 1st Vertical Derivative) shows broad correlations with known structures and veins.
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Magnetic linear features extend beyond current drilling limits, indicating additional prospective zones.
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Next Steps:
- Sampling, detailed mapping, and evaluation of the newly identified targets are in planning stages.
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Target generation aimed at supporting future drill testing campaigns.
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Qualified Person: Kelson Willms, P.Geo., Archer, Cathro & Associates (1981) Ltd., reviewed and approved technical information per NI 43‑101.
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Technical Partner: GeoCloud Analytics (Melbourne, Australia) performed LiDAR re‑processing and interpretation using semi‑automated structural extraction and machine learning to produce high‑resolution actionable intelligence.
Notable Quotes
“The LiDAR survey is a great tool to help guide our team to new areas of interest… The goal is to generate new targets for future drilling and to start to show the full potential of the Copalito project.” – Daniel Rodriguez, CEO & Director