Northwire Canada EditionMonday, August 3, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

Algo Grande to complete data reprocessing at Adelita

ALGR · Price

Executive Summary

  • Algo Grande Copper Corp. has engaged AI-Metals for a 12-month AI-driven data integration program across its 100%-owned Adelita copper-gold-silver project in Sonora, Mexico, to synthesize historical and new datasets, reduce exploration risk, and refine drill targeting.
  • The AI analysis confirms a large, structurally controlled skarn-porphyry mineral system, with converging geophysical, geochemical, and alteration data reinforcing 32 high-priority targets previously announced on January 9.
  • The company plans to leverage the integrated 3-D model to design a Phase 2 exploration program, targeting commencement in late Q1 or early Q2 2026, while also appointing Independent Trading Group Inc. as a market-maker to improve share liquidity.

Key Details

  • AI Integration Program: 12-month engagement with AI-Metals (featuring PhD AI researchers from the University of Cambridge) to continuously reprocess and integrate geological, geochemical, and geophysical data.
  • Data Sets Synthesized: Airborne magnetic and electromagnetic data, satellite-derived alteration indices (hydroxyl and ferric oxide signatures), surface geochemical sampling, and induced polarization (IP) chargeability and resistivity data.
  • Geological Interpretation: AI-driven results highlight a structurally controlled skarn-porphyry system with vertical continuity from surface expressions into deeper zones, consistent with skarn-style copper mineralization proximal to intrusive-carbonate contacts.
  • Target Framework: Reinforces 32 high-priority exploration targets previously announced, with independent datasets spatially converging to reduce single-data-set ambiguity and support systematic drill targeting.
  • Integrated Technical Work: Includes completed modern 3-D reprocessing of historical magnetic, IP, and MT data; ongoing high-definition ground magnetic survey over the Cerro Grande skarn zone; current oriented-core diamond drilling program; and surface trenching, mapping, and geochemical sampling.
  • Phase 2 Exploration Timeline: Aims to commence Phase 2 exploration toward the end of Q1 or early Q2 2026, subject to results and logistics.
  • Market-Making Agreement: Entered into a service agreement with Independent Trading Group Inc. (ITG), a CRD-registered dealer, to provide market-making services for common shares on the TSX Venture Exchange.
  • Financial Terms: Monthly cash fee of $6,000 plus applicable taxes; automatic monthly renewal; terminable by either party with written notice; no shares or options granted to ITG.
  • Qualified Person: Lorne Warner, PGeo, reviewed and approved all scientific and technical disclosure as an independent qualified person under NI 43-101.
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