Algo Grande Provides Phase II Drill Update; Hole 2 Copper Zone Doubles as Hole 3 Delivers Extensive New Interval, Remains Mineralized at Depth

Original announcement by tmx on

Company
Algo Grande Copper Corp.
Ticker
ALGR
Exchange
TSX
Region
Sonora, Mexico
Primary commodity
Copper
Secondary commodities
Molybdenum
Document categories
Drill results
Extracted
2026-09-13 10:27:50 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Algo Grande provided a Phase II drill update for the Adelita Project, reporting expanded copper mineralization in Hole 2 and an extensive new interval in Hole 3. While visual logging shows significant copper sulfide presence and vertical continuity, assay results are still pending from ALS laboratory.

Reasoning: The update reports significant visual expansion of copper zones and vertical continuity, though the lack of assays means economic grade is unconfirmed.

Positive factors

  • expanded copper footprint in Hole 2
  • vertical continuity demonstrated by Hole 3 step-out
  • extensive mineralization width in Hole 3

Negative factors

  • no assay results received yet
  • true widths not determined

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 6

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Hole 3 steps out 105m vertically above previous Phase I mineralization.

Evidence · text

“steps out approximately 105 metres vertically above mineralization intercepted in hole AG_GC_002”

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: No assay results or QA/QC protocols for Hole 3 are provided in this update.

Evidence · text

“no assay results have been received for Hole AG_CG_PH2_003”

Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

Drill Results (6)

AG_CG_PH2_002Adelita · copperIntercept: 19.8 mView all details
Link to this fact

Identity

Hole ID
AG_CG_PH2_002
Project
Adelita
Commodity
copper
Region
mexico
Reported Region
mexico
Ticker
ALGR

Geometry

Intercept
19.8 m
From
146.7 m
To
166.5 m
Hole Depth
424.22 m
Intercept Depth
146.7 m

Classification

Deposit Type
skarn
Program
mixed
Sample Type
drill
Group ID
AG_CG_PH2_002:146.7-166.5
Mining Method
unknown

Location

Location
Cerro Grande
Easting
738897
Northing
2961802
CRS
WGS84, UTM Zone 12N
Elevation
582 m
Azimuth
110 °
Dip
80 °
Loc. Source
document

QA/QC

Laboratory
ALS
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-11T00:00:00.000Z

Reasoning: Visual intercept in massive skarn; grade unconfirmed.

Positive factors

  • massive brown garnet-dominant skarn

Negative factors

  • assays pending

Evidence · text

“19.80 metres from 146.70 to 166.50 metres”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Algo Grande Provides Phase II Drill Update; Hole 2 Copper Zone Doubles as Hole 3 Delivers Extensive New Interval, Remain"

AG_CG_PH2_002Adelita · copperIntercept: 8.57 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AG_CG_PH2_002
Project
Adelita
Commodity
copper
Region
mexico
Reported Region
mexico
Ticker
ALGR

Geometry

Intercept
8.57 m
From
168.36 m
To
176.93 m
Hole Depth
424.22 m
Intercept Depth
146.7 m

Classification

Deposit Type
skarn
Program
mixed
Sample Type
drill
Group ID
AG_CG_PH2_002:168.36-176.93
Mining Method
unknown

Location

Location
Cerro Grande
Easting
738897
Northing
2961802
CRS
WGS84, UTM Zone 12N
Elevation
582 m
Azimuth
110 °
Dip
80 °
Loc. Source
document

QA/QC

Laboratory
ALS
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-28T00:00:00.000Z

Dates

Event date
2026-08-11T00:00:00.000Z

Reasoning: Visual intercept; grade unconfirmed.

Negative factors

  • assays pending

Evidence · text

“8.57 metres from 168.36 to 176.93 metres”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Algo Grande Provides Phase II Drill Update; Hole 2 Copper Zone Doubles as Hole 3 Delivers Extensive New Interval, Remain"

AG_CG_PH2_002Adelita · copperIntercept: 19.22 mView all details
Link to this fact

Identity

Hole ID
AG_CG_PH2_002
Project
Adelita
Commodity
copper
Region
mexico
Reported Region
mexico
Ticker
ALGR

Geometry

Intercept
19.22 m
From
260.25 m
To
279.47 m
Hole Depth
424.22 m
Intercept Depth
192.9 m

Classification

Deposit Type
skarn
Program
mixed
Sample Type
drill
Group ID
AG_CG_PH2_002:260.25-279.47
Mining Method
unknown

Location

Location
Cerro Grande
Easting
738897
Northing
2961802
CRS
WGS84, UTM Zone 12N
Elevation
582 m
Azimuth
110 °
Dip
80 °
Loc. Source
document

QA/QC

Laboratory
ALS
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-11T00:00:00.000Z

Reasoning: Significant visual interval in retrograde exoskarn.

Positive factors

  • substantial single interval logged

Negative factors

  • assays pending

Evidence · text

“19.22 metres from 260.25 to 279.47 metres”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Algo Grande Provides Phase II Drill Update; Hole 2 Copper Zone Doubles as Hole 3 Delivers Extensive New Interval, Remain"

AG_CG_PH2_002Adelita · molybdenumIntercept: 3.06 mView all details
Link to this fact

Identity

Hole ID
AG_CG_PH2_002
Project
Adelita
Commodity
molybdenum
Region
mexico
Reported Region
mexico
Ticker
ALGR

Geometry

Intercept
3.06 m
From
248.24 m
To
251.3 m
Hole Depth
424.22 m
Intercept Depth
192.9 m

Classification

Deposit Type
skarn
Program
mixed
Sample Type
drill
Group ID
AG_CG_PH2_002:248.24-251.3
Mining Method
unknown

Location

Location
Cerro Grande
Easting
738897
Northing
2961802
CRS
WGS84, UTM Zone 12N
Elevation
582 m
Azimuth
110 °
Dip
80 °
Loc. Source
document

QA/QC

Laboratory
ALS
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-11T00:00:00.000Z

Reasoning: Intermittent molybdenite noted visually.

Negative factors

  • assays pending

Evidence · text

“3.06-metre interval from 248.24 to 251.30 metres”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Algo Grande Provides Phase II Drill Update; Hole 2 Copper Zone Doubles as Hole 3 Delivers Extensive New Interval, Remain"

AG_CG_PH2_003Adelita · copperIntercept: 14.86 mView all details
Link to this fact

Identity

Hole ID
AG_CG_PH2_003
Project
Adelita
Commodity
copper
Region
mexico
Reported Region
mexico
Ticker
ALGR

Geometry

Intercept
14.86 m
From
165.74 m
To
207.77 m
Hole Depth
239.65 m
Intercept Depth
165.74 m

Classification

Deposit Type
skarn
Program
mixed
Sample Type
drill
Group ID
AG_CG_PH2_003:165.74-207.77
Mining Method
unknown

Location

Location
Cerro Grande
Easting
738994
Northing
2961792
CRS
WGS84, UTM Zone 12N
Elevation
490 m
Azimuth
250 °
Dip
-55 °
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
low_confidence
Historical
No

Dates

Event date
2026-08-11T00:00:00.000Z

Reasoning: New extensive interval in upper zone; grade unconfirmed.

Positive factors

  • garnet-dominant skarn with strong prograde alteration

Negative factors

  • no assay results received
  • true widths not determined

Evidence · text

“14.86 metres of visually observed copper-bearing core”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Algo Grande Provides Phase II Drill Update; Hole 2 Copper Zone Doubles as Hole 3 Delivers Extensive New Interval, Remain"

AG_CG_PH2_003Adelita · copperIntercept: 22.56 mView all details
Link to this fact

Identity

Hole ID
AG_CG_PH2_003
Project
Adelita
Commodity
copper
Region
mexico
Reported Region
mexico
Ticker
ALGR

Geometry

Intercept
22.56 m
From
207.77 m
To
239.65 m
Hole Depth
239.65 m
Intercept Depth
165.74 m

Classification

Deposit Type
skarn
Program
mixed
Sample Type
drill
Group ID
AG_CG_PH2_003:207.77-239.65
Mining Method
unknown

Location

Location
Cerro Grande
Easting
738994
Northing
2961792
CRS
WGS84, UTM Zone 12N
Elevation
490 m
Azimuth
250 °
Dip
-55 °
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
low_confidence
Historical
No

Dates

Event date
2026-08-11T00:00:00.000Z

Reasoning: Extensive lower zone interval; grade unconfirmed.

Positive factors

  • predominantly retrograde exoskarn

Negative factors

  • no assay results received
  • true widths not determined

Evidence · text

“22.56 metres of visually observed copper-bearing core”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Algo Grande Provides Phase II Drill Update; Hole 2 Copper Zone Doubles as Hole 3 Delivers Extensive New Interval, Remain"

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.