Algo Grande Copper Corp. (ALGR:TSX.V) has released results from its Cerro Grande Skarn Phase 1 drill program, part of the company's Adelita Project in Sonora, Mexico. On April 2, 2026, Access Newswire reported assay results from the company's exploration of the three remaining drill holes in its inaugural drilling program.
Algo Grande's earlier tests suggested a thicker skarn than originally anticipated, so the company drilled further and "confirm[ed] the presence of an outcropping, vertically extensive copper-silver-gold skarn system, with increasing evidence supporting a genetically related porphyry system at depth," according to Access Newswire.
Holes AG_GC_001 through AG_GC_004 were tested, with mineralization present in all four, though hole AG_GC_003 was the most promising, even though the company could not reach the target zone due to drilling deviation.
Algo Grande's report stated, "Several molybdenum-bearing intervals (AG_GC_002: 288.40 m to 289.44 - 1.04 m @ 1440 Mo; 333.0m to 333.8m - 0.8 @ 2820 Mo; 545.83m - 546.35 0.52m @ 1000 ppm Mo; AG_GC_004: 274.5 -275.4 0.9m @ 521 ppm Mo) have been identified across the drill holes, with values reaching up to 2,820 ppm on AG_GC_002 and above 500ppm on AG_GC_004. These intervals are spatially distinct from the highest-grade copper-silver-gold skarn mineralization and are commonly associated with intrusive phases, including andesitic porphyry fingers and potassic alteration halos around quartz-calcite veins."
These discoveries have led the company to launch a district-scale exploration across the Adelita Project, with the Phase 2 drill program scheduled to begin in May of this year. The program will focus on expanding known skarn horizons and testing porphyry targets with deeper drilling. The company also hopes to test newly defined district-scale targets.
Algo Grande Copper Corp. is a Canadian exploration company focused on testing overlooked, potentially high-value properties in North America, with current projects centered in Mexico. The company partners with Megaw Exploration Associates (MXA) for operational support.
Potential Copper Values Amid War
While discussing metal values in the wake of the U.S.-Iran War on April 1, 2026, Barry Fitzgerald of Livewire Markets discussed copper's future. "Copper in particular seems well placed despite a stock build-up due to non-war factors. China, the biggest copper consumer, has reported stronger growth, and Chile, the world's biggest producer, has reported its lowest copper output in nine years." He acknowledged that copper is currently sitting at a historically high price despite its drop in the past week.
President Trump announced a restructuring of metals tariffs on Thursday, April 2, 2026. The goal was to simplify the importation process for suppliers by lowering tariffs for goods with copper, steel, or aluminum below 15% and foreign goods using entirely American-made metals at 10%.
The market temporarily adjusted to this news. "Comex copper rose as much as 1.4% right after the announcement before giving back the gain to trade 0.5% lower late afternoon Thursday in the U.S.," according to Bloomberg News on April 2, 2026.
On April 4, Chen Lin of What is Chen Buying? What is Chen Selling? reported that, "Copper remained broadly stable during the week, edging up 0.8%, after indications that the U.S.-Iran conflict could be resolved within a few weeks, coupled with a softer dollar. However, the broader trend remains cautious."
Some Experts Are Buying Algo Grande Shares
Robert Sinn of Goldfinger Capital called Algo Grande a 'new favorite' in a contributed opinion article for Streetwise Reports on April 2, 2026, saying he looked forward to an expected aggressive news cycle from the company over the next several months. Sinn stated he had used the recent market correction to initiate a position in Algo Grande's shares.
1Even before the company's announcement on Phase 1 results, Technical Analyst Stewart Thomson shared his opinion on Algo Grande in a February 17, 2026, contributed opinion for Streetwise Reports.
Thomson called the company's limited number of shares outstanding and percentage of insiders and strategic investors in the stock 'impressive', giving a 'Speculative Buy' rating. He projected Algo Grande's stock to have a short-term technical price target of CA$1.00 and a long-term technical price target of CA$6.00. The stock is trading at CA$0.68 as of April 6, 2026.
Streetwise Ownership Overview*
Algo Grande Copper Corp. (ALGR:TSX.V)
Catalysts
Algo Grande's investor presentation outlines its plans for the next year, with advancing its secondary targets of Las Tabias, Las Trancas, and Mezquital via mapping and sampling intended to begin in Q2 2026. These plans will occur in conjunction with licensing a wide Lidar Survey and a Drone Magnetic Survey.
In Q3 and Q4, the company intends to initiate Phase 2 on the Cerro Grande site via a 10,000-meter drill program targeting skarn zones with the highest potential and completing metallurgical sampling in the same area. At the same time, Algo Grande plans to use this year's fieldwork findings to finalize porphyry and secondary target definitions at Metzquital and Las Trancas.
Ownership & Share Structure2
Algo Grande Copper Corp. has a market cap of CA$28.4 million, with 39.9 million shares outstanding. The company's 52-week range is CA$0.13-CA$1.00.
Management and Insiders own 52% of shares, while Strategic Investors own 8%. The remaining 40% of shares are Retail.
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Important Disclosures:
- Algo Grande Copper Corp. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.
- As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Algo Grande Copper Corp.
- Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
- This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.
1. Disclosure for the quote from the Stewart Thomson article published on [Date]
- For the quoted article February 26, 2026, Algo Grande Copper Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.
- Author Certification and Compensation: Stewart Thomson was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Thomson is a retired Canadian financial advisor who has passed the Canadian Securities Course as well as additional technical analysis courses that were mandated by his former employer and approved by Ontario regulatory bodies. For the past 15 years, he has been editing and writing numerous financial newsletters that have a strong focus on charts. The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.
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2. Ownership and Share Structure Information
The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.















































