Mercado Minerals Ltd. has signed a letter of intent to purchase the La Franca concession, which is adjacent to its Campanillas concession within the Zamora project in Sinaloa, Mexico. The proposed consolidation would open access to 750 metres of untested high-grade silver. Mercado Minerals also reported a 1.00-metre sample grading 1.53 kilograms per tonne of silver and 1.39 grams per tonne of gold.