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
- 2026-08-20 22:23:52 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Algo Grande reports significant visual expansion of copper mineralization at the Adelita Project, with Hole 2's copper-bearing footprint more than doubling. Hole 3 has also intersected an extensive copper zone, providing a 105-metre vertical step-out above previous Phase I drilling.
Reasoning: The update reports significant visual expansion of copper mineralization in Hole 2 and a major vertical step-out in Hole 3, though actual assay grades are still pending.
Positive factors
- Step-Out Extension
- Vertical Continuity
- Expanding Mineralization Footprint
Negative factors
- No Assay Results
- Apparent Width Only
Facts used in scoring: 5
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Hole 3 intersects copper 105m vertically above the Phase I hole AG_GC_002.
Evidence · text
“steps out approximately 105 metres vertically above mineralization intercepted in hole AG_GC_002”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release mentions samples were delivered to ALS laboratory for assay.
Evidence · text
“delivered to ALS's laboratory in Hermosillo”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: The release explicitly states that true widths have not yet been determined for Hole 3.
Evidence · text
“true widths have not yet been determined”
Extracted facts
Stored fact records: 5. Some facts used in scoring do not have a stored record.
Drill Results (5)
AG_CG_PH2_002Adelita Project · copperIntercept: 30.23 mView all detailsHide details
Identity
- Hole ID
- AG_CG_PH2_002
- Project
- Adelita Project
- Commodity
- copper
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- ALGR
Geometry
- Intercept
- 30.23 m
- From
- 146.7 m
- To
- 176.93 m
Classification
- Deposit Type
- skarn
- Program
- mixed
- Sample Type
- drill
- Mining Method
- unknown
Location
- Easting
- 738897
- Northing
- 2961802
- CRS
- WGS84, UTM Zone 12N
- Elevation
- 582 m
- Azimuth
- 110 °
- Dip
- 80 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-11T00:00:00.000Z
Reasoning: Initial copper interval encountered in Hole 2; grades pending.
Positive factors
- Visual Mineralization
Negative factors
- No Assay Results
AG_CG_PH2_002Adelita Project · copperIntercept: 19.22 mView all detailsHide details
Identity
- Hole ID
- AG_CG_PH2_002
- Project
- Adelita Project
- Commodity
- copper
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- ALGR
Geometry
- Intercept
- 19.22 m
- From
- 260.25 m
- To
- 279.47 m
Classification
- Deposit Type
- skarn
- Program
- mixed
- Sample Type
- drill
- Mining Method
- unknown
Location
- Easting
- 738897
- Northing
- 2961802
- CRS
- WGS84, UTM Zone 12N
- Elevation
- 582 m
- Azimuth
- 110 °
- Dip
- 80 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-11T00:00:00.000Z
Reasoning: Significant single interval of visually observed copper mineralization.
Positive factors
- Substantial Single Interval
Negative factors
- No Assay Results
AG_CG_PH2_002Adelita Project · molybdenumIntercept: 3.06 mView all detailsHide details
Identity
- Hole ID
- AG_CG_PH2_002
- Project
- Adelita Project
- Commodity
- molybdenum
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- ALGR
Geometry
- Intercept
- 3.06 m
- From
- 248.24 m
- To
- 251.3 m
Classification
- Deposit Type
- skarn
- Program
- mixed
- Sample Type
- drill
- Mining Method
- unknown
Location
- Easting
- 738897
- Northing
- 2961802
- CRS
- WGS84, UTM Zone 12N
- Elevation
- 582 m
- Azimuth
- 110 °
- Dip
- 80 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-11T00:00:00.000Z
Reasoning: Intermittent molybdenite observed within the copper zone.
Positive factors
- Trace Metal Presence
Negative factors
- No Assay Results
AG_CG_PH2_003Adelita Project · copperIntercept: 73.91 mView all detailsHide details
Identity
- Hole ID
- AG_CG_PH2_003
- Project
- Adelita Project
- Commodity
- copper
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- ALGR
Geometry
- Intercept
- 73.91 m
- From
- 165.74 m
- To
- 239.65 m
Classification
- Deposit Type
- skarn
- Program
- mixed
- Sample Type
- drill
- Mining Method
- unknown
Location
- Easting
- 738994
- Northing
- 2961792
- CRS
- WGS84, UTM Zone 12N
- Elevation
- 490 m
- Azimuth
- 250 °
- Dip
- -55 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-11T00:00:00.000Z
Reasoning: Extensive new copper interval providing a 105m vertical step-out above Phase I results.
Positive factors
- Step-Out Extension
- Vertical Continuity
Negative factors
- No Assay Results
- Apparent Width Only
AG_CG_PH2_003Adelita Project · copperIntercept: 31.88 mView all detailsHide details
Identity
- Hole ID
- AG_CG_PH2_003
- Project
- Adelita Project
- Commodity
- copper
- Region
- mexico
- Reported Region
- Sonora, Mexico
- Ticker
- ALGR
Geometry
- Intercept
- 31.88 m
- From
- 207.77 m
- To
- 239.65 m
Classification
- Deposit Type
- skarn
- Program
- mixed
- Sample Type
- drill
- Mining Method
- unknown
Location
- Easting
- 738994
- Northing
- 2961792
- CRS
- WGS84, UTM Zone 12N
- Elevation
- 490 m
- Azimuth
- 250 °
- Dip
- -55 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-11T00:00:00.000Z
Reasoning: Large, extensively mineralized lower zone in Hole 3.
Positive factors
- Extensive Interval
Negative factors
- No Assay Results
- Apparent Width Only
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.