The World Stopped Finding New Copper. This Compnay Just Did. Algo Grande (ALGR / ALGRF)
Disseminated on behalf of Algo Grande Copper Corp. Not Financial Advice. Full disclosure at bottom.
In the spring of 2025, a drill rig in Sonora, Mexico pulled out an 18.2-metre stretch of rock running 1.8 percent copper equivalent. It was the standout in a Phase-1 program at a project called Adelita, where the team intersected five stacked, high-grade skarn horizons. Mineralization running from near surface down to roughly 400 metres. Still open at depth.
The company that drilled it is Algo Grande Copper (🇨🇦ALGR / 🇺🇸ALGRF). The name translates to "Something Big." The project is in the most prolific copper-producing state in Mexico, on a corridor that has been pulling copper out of the ground for over a century.
The world they're drilling into
Copper sitting above six dollars a pound is not an accident.
Every EV, every solar panel, every AI data center, every transmission line being built right now needs serious amounts of it. Demand is moving close to a vertical line. Supply is not. Current mines plus everything in the pipeline are projected to meet roughly 70 percent of global demand by 2035. New copper mines take close to twenty years to build, so the industry cannot respond fast enough even if it wants to.
The deeper problem underneath the shortage is that the world has effectively stopped finding new copper deposits. The biggest mines on the planet were discovered decades ago. Despite billions spent on exploration in the years since, meaningful new high-grade discoveries are vanishingly rare.
That is the gap a company that finds a new high-grade copper system in a Tier-1 jurisdiction is walking into.
Adelita
Adelita covers roughly 6,000 hectares in Sonora, inside the Arizona-Sonora Copper Belt. The anchor is a discovery called Cerro Grande, a skarn-type system where mineralized fluids have settled into the host rock in distinct, stacked layers.
Phase-1 in 2025 drilled five stacked, high-grade skarn horizons at Cerro Grande. The cumulative numbers: more than 70 metres of mineralization across the program, with 36 metres of that running above 1 percent copper. Mineralization extends from near surface to nearly 400 metres depth. It remains open at depth and along strike.
(No NI 43-101 mineral resource has yet been defined at Adelita. The drilling has demonstrated mineralization, not a current resource estimate or a defined economic deposit.)
Underneath Cerro Grande, geological modeling and a resistivity target at roughly 350 to 400 metres depth point to a possible porphyry copper system sitting below the high-grade skarn. That is a hypothesis, not a defined deposit. But porphyries are the deposit type that host most of the world's largest copper mines, and a confirmed skarn-over-porphyry stack would change the scale of Adelita materially.
Three kilometres south
Cerro Grande was supposed to anchor the story. Then the team walked the rest of the land package.
About three kilometres south, surface mapping picked up a second skarn. The exposure runs more than 300 metres at surface. Rock samples taken at surface have returned grades up to 3.06 percent copper, 3.72 grams per tonne of gold, and 232 grams per tonne of silver. (Those are surface samples, not drill intercepts. Surface sampling indicates the presence of mineralization. It does not confirm grade or continuity at depth.)
The target is called Potrero South. It has never been drilled.
If Phase-2 confirms what the surface work suggests, Adelita stops being a single-zone discovery and becomes a multi-deposit district.
The believers
A drill program is one thing. Drill programs with serious geological pedigree behind them are something else.
Dr. Peter Megaw is one of the most respected exploration geologists in Mexico. He co-founded MAG Silver and is credited with the discovery of Juanicipio, one of the largest silver mines in the Western Hemisphere. He signed on to Algo Grande as Senior Technical Advisor.
Chairman Raymond Jannas has worked porphyry copper-gold systems for more than forty years, with prior involvement in projects including Pascua-Lama, El Morro, and Valeriano. CEO Enrico Gay and VP Exploration Joao Rocha run the operational side, wrapping modern tools (3D modeling, AI-assisted targeting, LiDAR, drone magnetics) around classical fieldwork. The drilling itself is operated by Major Drilling Group International, the largest drilling contractor in the world.
The share structure is the other quiet credibility signal. Approximately 43 million shares outstanding. Zero warrants. The company adopted a zero-warrant policy at inception, meaning neither the C$3.8 million subscription receipt financing nor the C$6.5 million follow-on placement issued any warrants. Founder shares are escrowed under a two-year release schedule. That kind of structure is rare in junior exploration, where dilution typically eats early shareholders before any discovery work pays off.
The math
The company is worth about C$30 million today.
C$6.5 million of that is cash in the bank, fully funding Phase-2 without needing to return to the market.
If Phase-2 confirms what Phase-1 intersected, and if Potrero South drills anywhere close to what the surface sampling suggests, the company is not worth C$30 million. If the drilling comes back weaker than the pilot work, you lose what you put in. That is the trade.
What would make this not work
Drill results sometimes come back weaker than pilot results. Adelita is in the exploration stage with no defined NI 43-101 resource.
Phase-1 demonstrated mineralization, not an economic deposit, and there is no certainty Phase-2 will deliver one. Surface samples at Potrero South are not drill confirmation. The porphyry-under-skarn beat is a modeled hypothesis, not a deposit.
A correction in copper prices would compress the entire junior exploration sector. The team's prior work is evidence about the operators, not a guarantee of any specific outcome at Adelita.
Hear what the CEO has to say.
Read the full report on Algo Grande
Disclaimer: Disseminated on behalf of Algo Grande Copper Corp. This article is for informational purposes only and is not investment advice. It is part of a paid marketing campaign. Cashu Group was compensated by Algo Grande Copper Corp. for the creation and distribution of this content. The Adelita Project is in the exploration stage and no NI 43-101 compliant mineral resource has been defined. Drill results and surface samples referenced are not a defined mineral resource and do not establish economic viability. Surface samples referenced are not drill intercepts and do not confirm grade or continuity at depth. The porphyry copper system referenced as a possible target below Cerro Grande is a geological hypothesis based on modeling, not a defined deposit. References to MAG Silver, Juanicipio and prior work by Dr. Peter Megaw, the Chairman, or other team members refer to past events and outcomes at other companies. Past performance of other companies referenced is not an indication of future performance at Algo Grande Copper. Investing in early-stage exploration companies is speculative and involves significant risk, including the risk of loss of capital. Drilling outcomes, permitting and commodity prices are inherently uncertain. All project details, drill results and corporate developments referenced come from the company's public disclosures. Always conduct your own due diligence and consult a licensed financial professional before making investment decisions.