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Mercado Minerals Secures Zamora Access for Drilling Amid Elevated Silver Prices

Guavy AI Editorial Team
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Mercado Minerals Ltd., through its subsidiary Concordia Silver Company S.A. de C.V., secured access to the Zamora property in Sinaloa, Mexico, with a community agreement covering part of the area and surrounding land.

The agreement with Ejido Rincon de Ibonia allows Mercado to begin the drill-permitting process for the Campanillas area, which has seen historic surface samples reach 14,561 g/t silver and 15.53 g/t gold.

Silver prices remain elevated at US$67.167 per ounce, up 64.93 percent year over year, according to Trading Economics data on August 31.

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