Release Highlights:
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Discovery of three previously unrecognized skarn horizons in the first drill hole completed since acquisition, confirming a material depth expansion of the Cerro Grande copper-gold-silver system beyond the limits of historical drilling
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Five mineralized skarn horizons intersected in total, demonstrating a vertically stacked, multi-horizon skarn system rather than a shallow, single-level occurrence
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41.59 metres of cumulative mineralized skarn intersected, including:
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14.79 @ 1.4% Cu, 0.5 g/t Au, 20 g/t Ag
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9.55 m @ 1.4% Cu, 0.4 g/t Au, 41.8 g/t Ag
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1.85 m @ 4.1% Cu, 11 g/t Au, 150 g/t Ag
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Multiple intrusive phases intersected with evidence of potassic and propylitic alteration, with molybdenum values up to 2,820 ppm, may be related to a porphyry source at depth
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Mineralization remains open, with exploration efforts focused on tracing laterally and at depth, to find where these horizons may coalesce
Algo Grande Copper Corp. (“Algo Grande”), (TSX-V: ALGR; OTC: KNDYF; FRA: KM00) announces initial drill results from its inaugural drill program at the Adelita Project in Sonora, Mexico. Drill hole AG_GC_002 intersected a total of 41.6 metres of cumulative skarn mineralization across five well-mineralized horizons, including three horizons not previously identified in historical drilling, confirming a material expansion of copper-gold-silver mineralization at depth at Cerro Grande.
Enrico Gay, CEO of Algo Grande Copper Corp., commented: “The results reinforce our conviction in the Adelita Project and strongly support continued deep and step-out drilling. The identification of three new skarn horizons materially expands the scale potential of Cerro Grande and confirms that Adelita represents a larger, more robust mineralized system than previously recognized. This outcome validates our acquisition and technical approach and strengthens the investment case as we advance the project and work to build long-term shareholder value.”
Cerro Grande Skarn – Vertically Stacked Multi-Horizon System Confirmed
Drill hole AG_GC_002 was designed to test the Cerro Grande skarn system at depth, below the limits of historical drilling. The hole intersected two previously identified shallow skarn horizons and identified three new, well-mineralized skarn horizons at depth, representing a total of 41.59 metres of skarn-hosted mineralization. These results materially expand the known vertical extent of the mineralized system and confirm the presence of a vertically stacked skarn architecture with significant depth potential.
The intersected skarns host high-grade copper, gold, and silver mineralization and are accompanied by broad halos of copper mineralization within the surrounding wall rocks. When considering all mineralized lithologies, including skarn and adjacent mineralized wall rock, the drill hole intersected a broader mineralized envelope totaling 70.6 metres above 0.6% Cu. These broader intervals include internal dilution and are not presented as discrete skarn intercepts.
The skarn intersections include:
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