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Algo Grande Copper Corp. reports company developments tied to mineral exploration, project drilling and assay results at the Adelita Project in Sonora, Mexico. News about the company includes updates on the Cerro Grande Skarn target, copper-gold-silver mineralization, molybdenum values, and geological interpretation of a porphyry-skarn system.
Company updates may also cover capital-structure disclosures, governance matters, security-structure information, operating results and financial results as they relate to the issuer's public-company profile and exploration activities.
Algo Grande (OTC:ALGRF, TSXV:ALGR) has begun earthworks and engaged Major Drilling for an ~8,000 metre Phase II drill program at the Adelita Project, Sonora, Mexico, with initial focus on the Cerro Grande skarn corridor.
Approximately 30 drill pads are being prepared and multiple datasets (LiDAR complete, drone magnetic ~60% complete, 1,685 soil samples collected) will be integrated to finalize May drill targets. The company also granted 1,760,000 options and 2,050,000 RSUs, subject to TSXV approval.
Algo Grande Copper (OTC:ALGRF, TSX-V:ALGR) reported Phase I drill results from the Cerro Grande skarn, confirming an outcropping, vertically extensive Cu-Ag-Au skarn with five stacked skarn horizons and strong metal zonation.
Highlights include an 18.2 m intercept at 1.8% CuEq (AG_GC_003), a cumulative 104.76 m above 0.8% CuEq across four holes, and molybdenum peaks to 2,820 ppm, supporting a porphyry-skarn model and a planned Phase II program starting May 2026.