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 Copper (ALGRF) reported rock-testing results at Adelita and scheduled a ground gravity survey to begin October 22, 2026. December 2025 laboratory testing of 18 Cerro Grande core samples found mineralized skarn averaged 3.76 g/cm³ in dry density versus 3.25 g/cm³ for unmineralized skarn. Chargeability, a rock's electrical response, was 74–128 ms versus 3–8 ms, respectively.
GEOTEM will survey approximately 1,296 stations to help test more than ten targets along a 7-kilometre corridor. Hole AG-CG-PH2-003 intersected fault-hosted skarn from 602.0 to 654.1 m downhole, with visually logged copper sulfides in a narrower interval; assays are pending. The selected samples may not represent the whole project, and overlapping densities mean gravity alone cannot distinguish mineralized skarn. Existing electrical survey data showed no clear chargeability response over copper mineralization intersected to date.
Algo Grande Copper (ALGRF) has secured five-year surface access at its Adelita Project through an agreement with Ejido Palos Chinos. The agreement covers approximately 1,796 hectares of common-use lands in Álamos, Sonora, Mexico, within the company's 100%-owned project. Its term runs from September 29, 2026 to September 28, 2031.
The company's wholly owned Mexican subsidiary, Exploraciones Margarita, entered into the agreement. The Ejido's general assembly approved it on September 22, 2026, when it was also executed. It was ratified before a notary on September 30, 2026 and will be submitted to Mexico's National Agrarian Registry. The agreement continues an existing working relationship and includes a commitment to comply with Mexican environmental regulations.
Algo Grande Copper (ALGRF) reported full assays from drill hole AG-CG-PH2-002 at the Cerro Grande skarn discovery on the Adelita Project in Sonora, Mexico.
The hole confirms two discrete high-grade copper-silver-gold zones between 146.70 metres and 282.00 metres downhole, totaling 68.43 metres at an average 1.2% CuEq (at 80% assumed metallurgical recovery). The newly defined lower zone returned 38.20 metres at 1.0% CuEq from 243.80 metres, including 11.50 metres at 2.0% CuEq and 1.70 metres at 4.5% CuEq. Drilling also extended the interpreted thickness of the prospective limestone-skarn host package to 364.00 metres, approximately 52 metres thicker than previously modeled, and intersected a molybdenum anomaly in hole AG-CG-PH2-001. The company has also entered a three‑month investor relations agreement with German Mining Networks GmbH.
Algo Grande Copper (ALGRF) reported first Phase II drill assays from the Cerro Grande skarn discovery at its Adelita Project in Sonora, Mexico. Hole AG-CG-PH2-002 returned 30.23 metres grading 1.5% CuEq from 146.70 metres, including 3.55 metres at 9.4% CuEq and a 1.20-metre interval at 15.8% CuEq, hosted in garnet-dominant skarn with bornite, chalcopyrite and abundant chalcocite.
The intercept lies about 100 metres above Phase I mineralization, indicating a new, shallower zone and expanding the interpreted mineralized footprint along a 2.5-kilometre magnetic corridor. The hole was completed to 661.80 metres; assays are pending below 179 metres and for adjacent holes AG-CG-PH2-003, -004 and -005, where 76–137 metres of visually mineralized core were logged. No mineral resource or reserve has been defined, and mineralization is not represented as economically viable.
The company also entered a consulting agreement with Plutus Invest & Consulting GmbH for European investor marketing, for a cash fee of 100,000 EUR, potentially rising to 250,000 EUR over a six‑month term.
Algo Grande Copper (ALGRF) received a BB rating in its first independent Digbee ESG assessment, covering the company and its 100%-owned Adelita copper-silver-gold project in Sonora, Mexico.
The assessment recognized a strong governance foundation, dedicated ESG resourcing, proactive risk management, and meaningful community engagement. Approximately 7% of the 2026 drilling budget is allocated to sustainability initiatives such as community engagement, environmental baseline studies, and monitoring systems. Algo Grande has an ESG roadmap to formalize risk management systems and plans a follow-up Digbee reassessment to track progress and support future financing and stakeholder engagement.
Algo Grande Copper (TSXV:ALGR)(OTC:ALGRF) closed its previously announced, oversubscribed non-brokered private placement of 7,977,497 common shares at a deemed price of $0.60 per share, raising aggregate gross proceeds of $4,786,498. Proceeds will fund ongoing drilling and exploration at the 100%-owned Adelita copper-gold-silver project in Sonora, plus operating costs and working capital.
According to Algo Grande Copper, eligible finders received $104,020 in cash commissions and 238,950 finder warrants exercisable at $0.60 for two years. Securities are subject to a four-month plus one day hold period. Insiders subscribed for 123,333 shares for gross proceeds of $73,998, a related party transaction conducted under MI 61-101 exemptions.
Algo Grande Copper (OTC:ALGRF) has upsized its previously announced non-brokered private placement of common shares, increasing the maximum gross proceeds from $3,000,000 to up to $5,000,000. The offering now comprises up to 8,333,333 shares at $0.60 per share.
According to the company, net proceeds will fund ongoing drilling and exploration at its 100%-owned Adelita Project in Sonora, and support operating costs and working capital. Eligible finders may receive a 6% cash commission and 6% finder warrants, exercisable at $0.75 for 24 months. The financing is subject to TSX Venture Exchange approval, includes a four-month hold period, and may include insider participation under MI 61-101 exemptions.
Algo Grande Copper (TSXV:ALGR, OTC:ALGRF) announced a non-brokered private placement of up to 5,000,000 common shares at $0.60 per share, for gross proceeds of up to $3,000,000. Funds will support the expansion of the Phase II exploration program at the 100%-owned Adelita Project in Sonora, Mexico, plus operating costs and working capital.
The Offering may include a 6% cash commission and 6% finder warrants for eligible finders, with each finder warrant exercisable at $0.60 for 24 months. Securities will carry a four-month hold period. The financing is subject to TSX Venture Exchange and other required approvals and is not subject to a minimum subscription. Certain insiders may participate, with the company intending to rely on MI 61-101 exemptions.
Algo Grande Copper (TSX-V:ALGR, OTC:ALGRF) reported new visual results from its Phase II drilling at the 100%-owned Adelita copper-silver-gold project in Sonora, Mexico. Hole AG_CG_PH2_002 now shows 68.77 metres of visually observed copper-bearing core within a 154.40-metre interval from 146.70 to 301.10 metres, more than doubling the copper-bearing footprint previously reported. A first batch of core from surface to 179 metres has been delivered to ALS Hermosillo for assay.
Hole AG_CG_PH2_003 has logged 37.42 metres of visually copper-bearing core within a 73.91-metre interval from 165.74 to 239.65 metres, including a 31.88‑metre lower zone with 22.56 metres of copper-bearing core. Management interprets this as a 105‑metre vertical step‑out above Phase I hole AG_GC_002, indicating early evidence of vertical continuity at Cerro Grande. Both rigs remain active, with Hole 2 at 424.22 metres toward a planned 700 metres and Hole 3 still in mineralization at 239.65 metres. All observations are based on visual logging only; assays and true widths are pending.
Algo Grande Copper (OTC:ALGRF) reported a Phase II drill update for the Cerro Grande skarn target at its 100%-owned Adelita Project in Sonora, Mexico. The company has started drilling Hole AG_CG_PH2_003 (“Hole 3”) with a second, track-mounted rig, collared about 100 metres along strike from Phase I discovery hole AG_GC_002 and planned to a depth of 450 metres.
According to Algo Grande, Hole 3 aims to confirm and extend five known skarn horizons and test for additional horizons in previously untested limestone. Phase II Hole AG_CG_PH2_002 (“Hole 2”) has advanced to roughly 300 metres toward a 700-metre target, with mineralized core currently being cut and prepared for shipment to ALS Laboratories in Hermosillo. Phase I hole AG_GC_002 previously intersected a stacked, five-horizon skarn system with a combined 41.59 metres of mineralized skarn across five non-contiguous intervals, which remain open for expansion.