Algo Grande Copper has confirmed a second high-grade copper-silver-gold skarn zone in hole AG-CG-PH2-002 at the Cerro Grande discovery. The results demonstrate vertical continuity of the mineralization, with the two zones totaling 68.43 metres at 1.2% CuEq.
Algo Grande Copper confirmed a second high-grade copper-silver-gold skarn zone in hole AG-CG-PH2-002 at the Adelita Project, extending the mineralized interval to 282m downhole. The results demonstrate a multi-horizon skarn system and pinpoint the base of the host limestone-skarn package at 364m.
Luca Mining Corp. has entered into a definitive agreement to acquire 100% of the Cozamin copper-silver mine in Zacatecas, Mexico, from Capstone Copper Corp. for $290 million upfront and up to $95 million in deferred/contingent consideration. The acquisition is expected to more than double Luca's 2027 production and significantly increase cash flow per share.
Algo Grande Copper reported high-grade Phase II drill results from the Adelita Project in Mexico, featuring a 30.23m intercept at 1.5% CuEq. The results include high-grade sub-intervals of up to 15.8% CuEq and represent a 100-metre vertical step-out above previously reported Phase I mineralization.
Algo Grande Copper reported high-grade Phase II diamond drilling results from the Adelita Project in Mexico, specifically at the Cerro Grande skarn. Hole AG-CG-PH2-002 intersected 30.23 metres at 1.5% CuEq, including a high-grade 1.20-metre interval at 15.8% CuEq, which is 100 metres shallower than historical intercepts.
Oroco Resource Corp. announced strong assay results from its Phase 2 resource drilling program at the Santo Tomás copper project in Mexico, with several long, high-grade copper equivalent intercepts. Notably, hole S042 returned 369.3 meters grading 0.45% CuEq from surface, and other holes extended mineralization beyond current PEA pit limits. The program aims to convert Inferred resources to Indicated and is supported by comprehensive QA/QC and geometallurgical studies.
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.
Oroco Resource Corp. reported the third set of assay results from its Phase 2 resource drilling program at the Santo Tomás copper project in Sinaloa, Mexico. The program confirmed and extended mineralization in the South Zone, with notable intercepts including 26.48m at 0.90% Cu / 1.18% CuEq from 48m depth in hole S033. Drilling also extended mineralization westward beyond current inferred block model limits and helped define the southern limit of the South Zone, supporting resource conversion and future PFS planning.
Algo Grande has commenced drilling Hole 3 at the Cerro Grande skarn target to test for additional mineralized horizons and expand the known skarn system. The company also provided an update on Hole 2, which is currently at 300 metres depth, with assays pending.
Oroco Resource Corp. reported preliminary reconnaissance results at the Vainilla Project in Mexico, highlighted by a 7.57% copper surface rock-chip sample from the El Platano prospect. The company also completed a high-resolution drone magnetic survey to assist in defining exploration targets across the 2,973.7-hectare concession.
