Mike Fagan,
Editor
June 18, 2026
Algo Grande Copper Corp. (TSX-V: ALGR)(OTCQB: ALGRF) — currently trading around C$0.65 per share in a robust precious and base metals market — has commenced its fully funded Phase-2 drill program at the 100%-owned Adelita copper-silver-gold project in Sonora, Mexico.
Drilling is underway at the high-priority Cerro Grande skarn target, with the first step-out hole targeting a 100-meter northern extension of the Phase-1 mineralized footprint.
Subsequent drilling will test extensions to the south and northwest of the Cerro Grande discovery along a newly defined 2.5-km corridor outlined by high-definition magnetic surveys, soil geochemistry, and geological mapping.
Algo Grande Copper CEO Enrico Gay — whom you’ll hear from next in our exclusive interview — commented:
“I could not be prouder of our team. The Phase-2 drill program marks a major step as it will effectively double historical drilling completed on the Adelita project to date. The new drone magnetic survey has defined a 2.5-kilometer target corridor surrounding the Cerro Grande discovery, giving us a clear pathway to potentially grow the footprint significantly. At the same time, maiden drill programs at Las Trancas and Cerro Potrero provide exposure to entirely new discovery opportunities across the broader Adelita district.”
Two additional key members of the Algo Grande team, with combined billions of dollars in discoveries between them, are Raymond Jannas and Dr. Peter Megaw.
Raymond Jannas, the economic geologist whose porphyry work at Valeriano helped attract Pierre Lassonde as a core backer to ATEX Resources, now serves as Chairman of Algo Grande Copper.
Dr. Peter Megaw, co-founder of MAG Silver and credited with the discovery of Juanicipio, one of the largest silver mines in the Western Hemisphere, serves as Senior Technical Advisor for Algo Grande Copper.
Notably, the ongoing 8,000-meter multi-target campaign represents ALGR’s largest drill initiative to date at Adelita, building on the success of the recently completed Phase-1 program.
That earlier program confirmed a high-grade copper-silver-gold skarn system at Cerro Grande, including three newly discovered skarn horizons and an expanded mineralized footprint. Importantly, the discovery currently extends across only a small portion of the broader corridor now being tested in Phase-2.
While Cerro Grande remains the primary focus, the newly commenced drill program is also evaluating multiple additional target areas across the district-scale project.
One of those is Cerro Potrero South, a second skarn occurrence located ~3 km from the central discovery area where surface work has identified a 300-meter-long mineralized trend with copper mineralization exposed at surface.
The Algo team also plans to conduct maiden drill testing at Las Trancas, an epithermal target located along trend from Pan American Silver’s past-producing Alamo Dorado silver mine.
With drilling underway across multiple targets and first assay results expected in late July, Algo Grande is entering a critical exploration phase that could materially expand both the footprint and discovery potential of the broader Adelita project.
With gold, silver, and copper prices remaining strong, the timing of ALGR’s largest-ever drill campaign may prove especially significant.
As promised, our own Gerardo Del Real of Junior Resource Monthly caught up with Algo Grande CEO Enrico Gay to discuss the start of drilling at Adelita, the newly defined 2.5-km expansion corridor, and the broader exploration upside emerging across the project. Please enjoy!
We introduced you to Raymond Jannas and Dr. Peter Megaw. Both of these respected industry professionals have seen what major discoveries look like from the inside. They’ve staked their reputation on Adelita being something significant. Neither of these gentlemen lends their name lightly, and both are squarely behind Algo Grande.
Keep in mind that a 2.5-km expansion corridor is currently being drilled for the first time with the potential to grow a 300-meter high-grade discovery by as much as 8X.
First assay results: end of July 2026.
Market cap: still under C$30 million.
Hear directly from CEO Enrico Gay on what comes next.
Be sure to also check out this field update featuring Algo Grande CEO Enrico Gay and members of the company’s technical team as they discuss the Phase-2 program and the broader opportunity unfolding at Adelita:
For additional information on Algo Grande Copper Corp., please contact the company’s IR department at 778-907-2547 or via email info@algo-grande.com.
Visit the Algo Grande corporate website and sign up to receive updates directly from the company here. View the most recent Corporate Presentation here.
Check out our complimentary feature-length report on Algo Grande here.
Yours in profits,
Mike Fagan
Editor, Resource Stock Digest
Click here to see more from Algo Grande Copper
IMPORTANT DISCLAIMER & DISCLOSURES
Resource Stock Digest, as a publisher, is not a broker, investment advisor, or financial advisor in any jurisdiction.
Please do not rely on the information presented by Resource Stock Digest as personal investment advice.
If you need personal investment advice, kindly reach out to a qualified and registered broker, investment advisor, or financial advisor.
The communications from Resource Stock Digest should not form the basis of your investment decisions. Examples we provide regarding share price increases related to specific companies are based on randomly selected time periods and should not be taken as an indicator or predictor of future stock prices for those companies.
Algo Grande Copper has sponsored this report.
The information in this newsletter does not constitute an offer to sell or a solicitation of an offer to buy any securities of a corporation or entity, including U.S. Traded Securities or U.S. Quoted Securities, in the United States or to U.S. Persons. Securities may not be offered or sold in the United States except in compliance with the registration requirements of the Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom.
Any public offering of securities in the United States may only be made by means of a prospectus containing detailed information about the corporation or entity and its management as well as financial statements. No securities regulatory authority in the United States has either approved or disapproved of the contents of any newsletter. Neither Resource Stock Digest nor any employee of Resource Stock Digest is registered with the United States Securities and Exchange Commission (the “SEC”): as a “broker-dealer” under the Exchange Act, as an “investment adviser” under the Investment Advisers Act of 1940, or in any other capacity. Resource Stock Digest, its owners, directors, and employees are also not registered with any state securities commission or authority as a broker-dealer or investment advisor or in any other capacity.
HIGHLY BIASED:
In our role, we aim to highlight specific companies for your further investigation; however, these are not stock recommendations, nor do they constitute an offer or sale of the referenced securities. Resource Stock Digest has received cash compensation from Algo Grande Copper and is thus extremely biased. It is crucial that you conduct your own research prior to investing. This includes reading the companies' SEDAR and SEC filings, press releases, and risk disclosures. The information contained in our profiles is based on data provided by the companies, extracted from SEDAR and SEC filings, company websites, and other publicly available sources.
Resource Stock Digest, and its owners, directors, employees, and members of their households may own shares of Algo Grande Copper. Therefore, Resource Stock Digest is extremely biased. Measures are in place such that no shares will be sold during the active awareness campaign.
HIGH RISK:
The securities issued by the companies we feature should be seen as high risk; if you choose to invest, despite these warnings, you may lose your entire investment. You must be aware of the risks and be willing to accept them in order to invest in financial instruments, including stocks, options, and futures.
NOT PROFESSIONAL ADVICE:
By reading this, you agree to all of the following: You understand this to be an expression of opinions and NOT professional advice. You are solely responsible for the use of any content and hold Resource Stock Digest, and all partners, members, and affiliates harmless in any event or claim. While Resource Stock Digest strives to provide accurate and reliable information sourced from believed-to-be trustworthy sources, we cannot guarantee the accuracy or reliability of the information. The information provided reflects conditions as they are at the moment of writing and not at any future date. Resource Stock Digest is not obligated to update, correct, or revise the information post-publication.
FORWARD-LOOKING STATEMENTS:
Certain information presented may contain or be considered forward-looking statements. Such statements involve known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those anticipated in these statements. There can be no assurance that any such statements will prove to be accurate, and readers should not place undue reliance on such information. Resource Stock Digest does not undertake any obligations to update the information presented or to ensure that such information remains current and accurate.