Drill Results
Algo Grande Launches Advanced Geophysical and Geochemical Programs Ahead of Phase II Drilling in Q2 2026

ALGR · Price
Executive Summary
- Algo Grande Copper Corp. has commenced an integrated advanced surface and geophysical program (LiDAR, drone‑magnetic, systematic soil sampling) at its 100% owned Adelita Project in Sonora, Mexico to refine drill targets ahead of a Phase II drilling campaign slated for Q2 2026.
- The company entered multiple investor‑relations and consulting agreements (Rayleigh Capital, DCWL Media Ventures, Epstein Research, Departures Capital, Robert Sinn) totaling approximately US$79,500 in fees and the grant of 200,000 stock options, all subject to TSXV approval.
Key Details
- Exploration Program Initiation
- High‑resolution airborne LiDAR survey covering the entire 5,895‑ha Adelita property – aims to define structural corridors, fault systems, subtle alteration signatures, and detect historic workings.
- Drone‑based magnetic survey over a >6 km prospective corridor to map intrusive contacts, magnetite‑rich skarn bodies, and delineate structural controls linked to Cu‑Au‑Ag mineralization.
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Systematic soil geochemical grid program targeting an area with recent mineralization (granodiorite boulder found at ~1 m depth) to prioritize trenching and future drilling.
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Phase II Drilling Outlook
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Data from LiDAR, drone magnetics, and soil sampling will be integrated into the company’s 3‑D geological model and machine‑learning targeting workflow to generate high‑confidence drill targets for the Q2 2026 Phase II program.
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Investor Relations & Consulting Agreements
- Rayleigh Capital Ltd. – Monthly fee $7,500 + HST, plus grant of 200,000 stock options (vesting 25% every three months). Term: 12 months, 45‑day termination notice.
- DCWL Media Ventures Ltd. – Fixed cash fee $45,000 payable in two equal installments; services include YouTube interviews, video integrations, and newsletter placements. Term: Feb–Aug 2026.
- Epstein Research – Monthly fee US$2,000 for six months (total US$12,000) covering social‑media promotion, online advertising, and written articles/interviews. Term: 6 months.
- Departures Capital Inc. – One‑time fee $10,000 upon TSXV acceptance plus $30,000 in equal monthly installments over a 12‑month term. Services: strategic consulting, investor communications, digital media production.
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Robert Sinn (consultant) – One‑time marketing services fee US$15,000 covering CEO interviews, educational mining content creation, and news release dissemination.
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Regulatory & Compliance
- All agreements are subject to TSXV approval; parties are arm’s length with no existing securities interests.
- Technical information reviewed and approved by João Rocha, EurGeol, Vice President of Exploration (Qualified Person under NI 43‑101).
Notable Quotes
- Enrico Gay, CEO: “Following the success of our maiden drill program, our focus is now on systematically scaling the Adelita system… The drone magnetic survey … and LiDAR survey are critical to defining high‑confidence drill targets as we advance toward Phase II in Q2 2026.”
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Jul 08, 2026 · 07:30