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MERC.CN ·

Mercado Minerals Announces Strategic Additions to the Advisory Board

Management Changes

Trading Symbol (CSE: MERC)

615-625 Howe Street

Vancouver, British Columbia

Canada V6C 2T6

Tel: (604) 353 4080

www.mercadominerals.com

Mercado Minerals Announces Strategic Additions to the Advisory Board

Vancouver, BC, October 21, 2025 – Mercado Minerals Ltd. (CSE: MERC) ("Mercado" or the

"Company") is pleased to announce the appointment of Mr. John Mirko and Sr. Jose Vizcarra to its

advisory board. This appointment is in conjunction with the acquisition of Concordia Silver which

holds the Copalito and Zamora projects.

Mr. John Mirko, most recently known for being the vendor of the Panuco project to Vizsla Silver is a

prospector and mining industry entrepreneur veteran. With over 40 years experience in mining and

exploration, John brings a wealth of knowledge to Mercado. Mr. Mirko is currently the founder and

President of Canam Mining Corporation, and the President and CEO of Rokmaster Resources Corp.

He was the founder and recent President of Canam Alpine Resources Ltd. before selling it to Vizsla

Silver Corp. in September 2019. Mr. Mirko has consulted and prospected internationally with

successful experience in discovery, permitting, mine construction and operation. He was a founder of

several companies including Pacific Rim Mining Corp., Frontier Pacific Mining Corp., Roca Mines

Inc., and Stikine Gold Corp.

Sr. Jose Vizcarra is an exploration geologist based in Sinaloa, Mexico. He has over 40 years of

experience in the Mexican mining industry, specifically in the exploration of epithermal deposits in the

Sierra Madre Occidental. Most recently, Sr. Vizcarra was involved in the discovery of the Napolean

vein on the Panuco project currently owned by Vizsla Silver Corp. Sr. Vizcarra graduated from the

National Autonomous University of Mexico (UNAM). Sr. Vizcarra has collaborated with Panamerican

Silver, Capstone Gold and Dyna Resources Mining.

Daniel Rodriguez, CEO and Director, comments, “Having people who have made discoveries and

understand what the process is about is key to the success of Mercado. We have in country support in

Mexico to help with community engagement, exploration, access and ultimately be apart of the team to

grow Mercado. John Mirko has created a vast network in Sinaloa and the rest of Mexico and his

proven track record with the amalgamation and eventual sale of the Panuco district to Vizsla Silver

Corp is invaluable. Jose Vizcarra is an expert in his field and an expert in his own backyard. I look

forward to leveraging his knowledge and expertise in the Sierra Madre. On behalf of Mercado, we

welcome you both”.

About Mercado Minerals Ltd.

Mercado Minerals Ltd. (CSE: MERC) is a company involved in the business of acquiring and

exploring mineral properties in the Americas. Mercado has been primarily involved in the exploration

and evaluation of the Porter Property, located within the Alberni Mining Divisions of British

Columbia.

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For further information, contact:

Daniel Rodriguez

CEO & Director

Phone: (604) 353-4080

Email: [email protected]

John Fraser

VP Business Development & Director

Phone: (604) 838-7677

Email: [email protected]

Forward-Looking Statement (Safe Harbor Statement):

This press release contains forward-looking statements within the meaning of applicable securities laws. The use of any of

the words "anticipate," "plan," "continue," "expect," "estimate," "objective," "may," "will," "project," "should," "predict,"

"potential" and similar expressions are intended to identify forward-looking statements. In particular, this press release

contains forward-looking statements concerning the Company’s exploration plans. Although the Company believes that the

expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not

be placed on these statements because the Company cannot provide assurance that they will prove correct. Forward-looking

statements involve inherent risks and uncertainties, and actual results may differ materially from those anticipated. Factors

that could cause actual results to differ include conditions in equity financing markets, and receipt of regulatory and

shareholder approvals. These forward-looking statements are made as of the date of this press release, and, except as

required by law, the Company disclaims any intent or obligation to update publicly any forward-looking statements.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as defined in the policies of the Canadian

Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.