Investment Highlights
- High-grade copper-gold-silver skarn discovery in the Cerro Grande corridor with numerous historical drill sections over 4% copper as well as significant gold and silver values.
- Multi-system project area (skarn, porphyry, hydrothermal) with clearly recognizable district size and potential for multiple deposits within a 5,985 hectare land package.
- Strategic location in the high-production Sonora-Arizona copper belt with short distances to roads, energy, water, smelting capacities and the export port of Guaymas.
- Over US$8 million in historical exploration, including 7,000 meters of diamond drilling, extensive geophysical surveys (VTEM, IP, magnetics) and more than 11,000 rock and soil samples.
- Large-scale Mezquital porphyry target with a geophysical signature similar to significant Cu-Mo systems in northern Mexico, but as yet untested at depths of 350–600 meters.
- Experienced technical team led by Dr. Peter Megaw, involved in several significant Mexican discoveries and a globally recognized expert in skarn and CRD systems.
Company & Strategy
Algo Grande Copper Corp. (formerly Kenadyr Metals) is a growth-oriented North American exploration company focused on advancing the Adelita Project – a copper-gold-silver system in the Sonora-Arizona mineral belt. The area is characterized by a combination of high-grade skarn structures, porphyry potential at depth, and hydrothermal copper-zinc-gold targets.
The company is pursuing a modern, technology-driven exploration approach that utilizes both proven geological methods and data-driven tools. These include advanced geophysical techniques, AI-powered data analysis, 3D models and a systematic integration of historical exploration results.
Strategic core points:
- Focus on de-risked high-grade mineralization: Concentration on areas with already confirmed mineralization and high expansion potential.
- Technology-driven exploration: Use of modern geophysics, machine learning methods and detailed modeling to identify new targets and optimize drilling planning.
- Accelerated resource definition: The aim is to rapidly advance the high-grade Cerro Grande skarn zone and then test the potential Mezquital porphyry deposit.
Algo Grande aims to become a leading copper developer in North America in the long term through this clear strategic focus.
Market Environment
Copper is one of the most important metals for the global energy transition, electrification and digital infrastructure. Several factors are reinforcing the structural supply overhang:
- A long-term decline in average copper grades worldwide is making production increasingly expensive and energy-intensive.
- Forecasts show a significant supply deficit in the coming decades, which could amount to several million tons per year.
- Consumption is increasing in almost all high-growth industries:
- Data centers & AI: rapidly growing demand for copper cables and systems.
- Renewable energies: Wind and solar plants have a significantly higher copper intensity than traditional energy sources.
- Electric vehicles: multiple amount of copper compared to vehicles with combustion engines.
- Data centers & AI: rapidly growing demand for copper cables and systems.
Regional importance – Sonora, Mexico
The state of Sonora is Mexico’s most important copper producer and a central element of the North American copper supply chain. The region benefits from:
- very good infrastructure,
- proximity to smelters and refineries,
- fast transport routes to North America and Asia,
- an investment-friendly environment with a long history of mining.
Adelita is therefore located in one of the world’s most industrially strong copper regions.
Project Portfolio
Algo Grande is developing a comprehensive project area that consists of three clearly defined target areas:
- Cerro Grande – High-grade Cu-Au-Ag skarn zone (main focus)
- Mezquital – Large-scale Cu-Mo porphyry target
- Las Trancas – Hydrothermal Cu-Zn-Au corridor
Cerro Grande – High-grade skarn zone with development focus
Fig. 1: Overview of the Cerro Grande corridor
Cerro Grande forms the core area of the project. The discovery comprises a high-grade skarn zone around 300 meters long, which is open both along the strike and at depth. The geological signature indicates a classic skarn-porphyry system, which underlines the potential size of the system.
Geology & potential
- Magnetite-rich skarn horizon that provides strong signals for geophysical methods and enables clear structural targets.
- Evidence of porphyry intrusions: Feldspar-rich porphyries and quartz-chalcopyrite veins were found in several boreholes – typical indicators of a copper porphyry deposit at depth.
- The system is open along a potentially 6 kilometer long corridor, with expansion potential of up to 1.2 kilometers strike length in the immediate project zone.
Drilling results (selection of historical highlights)
- 16.15 m with 1.97% Cu, additional gold and silver content
- 5.33 m with 2.38% Cu and over 1 g/t gold
- 6.31 m with 3.6% Cu and high-grade silver values over 200 g/t
- 0.70 m with over 8% Cu, over 3 g/t gold and almost 400 g/t silver
- 185.95 m with 0.56% Cu over wide mineralized horizons
This combination of high-grade sections and broad continuous copper mineralization indicates both a potentially high-margin and a high-volume system.
Next Steps
The upcoming drilling program focuses on two development directions:
- Depth: Confirmation of copper continuity below 300 meters.
- Lateral expansion: Gradual expansion along the north-western folding structure.
New geophysical measurements, the integration of all existing data and an expanded 3D structural model are intended to further refine the target definition.
Mezquital – Large, previously untested porphyry target
Fig. 2: Geophysical signature Mezquital (placeholder)
Mezquital covers an area of 25–35 square kilometers and shows numerous characteristics that are typical of a large-scale copper-molybdenum porphyry system. These include extensive alteration, geochemical copper and molybdenum enrichments and a geophysical ring pattern.
Geological features
- Striking IP chargeability ring structure, often a hallmark of porphyry mineralization.
- Surface samples and shallow historical drilling show typical Cu-Mo-Au indicators.
- The suspected potassic copper center between 350 and 600 meters depth has not yet been drilled.
Exploration outlook
Planned are:
- Reprocessing and 3D modeling of historical VTEM, magnetic and IP data,
- Expansion of the geochemical soil grid, especially over molybdenum anomalies,
- an initial dedicated drilling program with target depths of 300–600 meters, supplemented by two deeper (>600 m) boreholes to test the core area.
The Mezquital area could become a second, independent project within the overall area in the medium term.
Las Trancas – Hydrothermal Cu-Zn-Au corridor
Fig. 3: Structural corridor Las Trancas (placeholder)
Las Trancas is a hydrothermally influenced target area with a clear hematitic alteration halo, which has geological parallels to known regional deposits. Historical trenches show high-grade mineralization on the surface, while more recent geophysical measurements identified a strong anomaly field.
Exploration Potential
- Clearly recognizable alteration patterns that suggest a mineralized system.
- A striking chargeability high/resistivity low center is still untested.
- Pathfinder elements such as arsenic, bismuth and antimony should contribute to the fine-tuning of the target definition.
This third target offers additional upside potential in addition to the two main systems.
Outlook
Algo Grande is at a central turning point in the company’s development. The financing for the first exploration phase has been completed, the permits are in place and the reactivation on the stock exchange is in the final review phase.
The next months are characterized by:
- Drilling start in the high-grade zone Cerro Grande to confirm the expansion and continuity of the mineralization.
- Data integration and target refinement for the Mezquital porphyry system, including possible initial drilling.
- Geochemical and geophysical compression in Las Trancas to derive prioritized drilling targets.
The structural copper shortage, combined with a multi-system project portfolio and high-grade discovery results, creates a solid basis for potential value increases.
Management
The management team combines extensive experience in raw material exploration, project development and capital markets:
- Enrico Gay – CEO: Over a decade of experience in capital markets and corporate development; significantly involved in the reactivation of the company and the acquisition of the Adelita project.
- Kevin Ma – CFO: Specialized in corporate finance, strategic planning and operative structures in the raw materials sector.
- Tim McCutcheon – Director: More than 20 years of experience in international project development and fund management.
- Gord Neal – Director: Many years of experience in the mining sector, previously worked for MAG Silver, among others; involved in raising capital for several raw materials companies.
Technical team
- Dr. Peter Megaw – Senior Technical Advisor: World-renowned geologist, specialized in skarn and CRD systems; involved in several of Mexico’s most important discoveries.
- Michael Williams – Technical Advisor: Founder of Underworld Resources (later acquired by Kinross).
- John McVey – Technical Advisor: Mining engineer with global experience in underground mining, development and project management.
Conclusion
With the Adelita project, Algo Grande Copper Corp. is developing a promising, structurally complex and geologically rich multi-metal system in one of the most important copper belts in North America. The combination of:
- high-grade skarn mineralization lying near the surface,
- a large-scale and as yet untested porphyry target,
- additional hydrothermal exploration targets,
- modern, data-driven exploration,
- regional infrastructure and
- an internationally recognized technical team
creates a solid foundation for a potentially significant future copper development.
In a global market environment that is increasingly characterized by copper shortages, electrification and an accelerated energy transition, Algo Grande is positioning itself as a company with clear growth opportunities and relevant geological substance.
