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Tocvan Ventures Corp (TCVNF) is a structured exploration & development company focusing on opportunities in Mexico. The company holds interests in the Pilar Gold-Silver Project in Sonora, Mexico, covering over 21 sq km of prospective area. With about 51 million outstanding shares, Tocvan aims to create shareholder value through potential high-grade gold-silver deposits in the region.
Tocvan Ventures Corp. (CSE:TOC)(OTCQB:TCVNF)(FSE:TV3) has provided an update on its Gran Pilar gold-silver project in Sonora, Mexico. The company has collected over 476 surface samples across a 2.3 km2 area, expanding its exploration footprint. Multiple artisanal underground workings have been discovered, indicating a broader mineralized system. Modelling shows increased expansion potential, advancing targets for future drilling.
Tocvan is preparing for the next phase of drilling, planning 1,200 to 2,000 meters of core drilling and 1,700 to 2,500 meters of RC drilling before year-end. The company aims to complete a maiden resource estimate for the Main Zone and adjacent trends. Additionally, Tocvan is planning a pilot plant facility to evaluate 50,000 tonnes of material on-site, with permitting expected to be complete in Q4 2024 and potential start in Q1 2025.
Tocvan Ventures Corp. (CSE:TOC, OTCQB:TCVNF) provides an update on its gold-silver projects in Sonora, Mexico. The company is advancing its Gran Pilar project, which includes the Pilar Main Zone and adjacent 22 km2 area. Key highlights include:
1. Ongoing surface exploration with over 200 soil samples collected.
2. A major producer completed a district-scale review of Gran Pilar's potential.
3. Upcoming core drill program scheduled for September.
4. Plans for a pilot plant facility to process up to 50,000 tonnes of material by early 2025.
5. Preparation for resource drilling with core and RC methods.
6. Invitation to present at Mexico's biggest annual mining conference in October.
The company aims to define a maiden resource at Pilar Main Zone and explore large-scale targets beyond, capitalizing on high gold prices and positive initial surface results.
Tocvan Ventures Corp. (CSE:TOC)(OTCQB:TCVNF)(FSE:TV3) has announced positive drill results from its 2024 Reverse Circulation (RC) drill program at the Pilar Gold-Silver project in Sonora, Mexico. Key highlights include:
- JES-24-96: 126.6 meters of 0.1 g/t Au and 2 g/t Ag from surface, including 7.6 meters of 0.5 g/t Au and 22 g/t Ag
- JES-24-97: 15.3 meters of 0.1 g/t Au and 2 g/t Ag from 16.8 meters depth
- JES-24-98: 22.9 meters of 0.2 g/t Au and 1 g/t Ag from 24.4 meters depth
The drilling has expanded the mineralized strike length over 900 meters, with all three holes intersecting mineralization. The company plans to resume core and RC drilling by late summer, with over 3,700 meters planned for resource definition drilling this year.
Tocvan Ventures Corp. (CSE:TOC)(OTCQB:TCVNF)(FSE:TV3) has announced positive drill results from its 2024 Reverse Circulation (RC) drill program at the Pilar Gold-Silver project in Sonora, Mexico. The program has completed 3,268 meters across 26 drill holes, with results pending for three holes.
Key highlights include:
- North Hill Trend: 76.3 meters of 0.2 g/t Au, 1 g/t Ag and 0.4% Zn from 1.5 meters depth
- Main Zone Eastern Infill: 24.4 meters of 0.2 g/t Au and 5 g/t Ag from 47.3 meters depth
- All five holes released intersected mineralization
CEO Brodie Sutherland noted that the results show the broad scale of mineralization at Pilar and indicate that mineralization connects across corridors. The company has only drilled 2% of the total property area, suggesting significant exploration potential.
Tocvan Ventures Corp. has announced promising results from its 2024 Reverse Circulation (RC) drill program at the Pilar Gold-Silver project in Sonora, Mexico.
Key results include a 130-meter extension of mineralization to the northwest, highlighted by drill hole JES-24-88, which intersected 24.4 meters of 0.2 g/t Au and 4 g/t Ag, including 1.5 meters of 1.1 g/t Au and 25 g/t Ag.
Another significant finding came from JES-24-89, located 230-meters northwest of the Main Zone, which revealed six zones of anomalous mineralization.
The North Hill Trend now covers over 500 meters, indicating substantial expansion potential.
Overall, the 2024 drill program has completed 3,268 meters across 26 holes, with results for eight holes still pending. Surface mapping and sampling are ongoing to identify new drill targets.
Tocvan Ventures Corp. has provided an update on its 2024 drill program at the Pilar Gold-Silver project in Sonora, Mexico. The company has completed 3,268 meters of drilling across 26 drill holes, with results pending for 11 drill holes. The drilling has been paused to review results and assess weather conditions. A core drilling rig is being considered for later this year to build a robust geological model. The summer field operations will focus on detailed surface evaluation, mapping, rock sampling, and grid soil sampling. The company aims to define drill targets, identify areas for mine infrastructure, and evaluate new prospective areas highlighted by recent placer mining activity.
Tocvan Ventures Corp. (TCVNF) announced drill results from its 2024 Reverse Circulation drill program at the Pilar Gold-Silver project in Sonora, Mexico. The results include multiple mineralized zones, notably JES-24-73 with 16.8 meters of 0.8 g/t Au and 19 g/t Ag, and JES-24-84 with 10.7 meters of 0.6 g/t Au and 3 g/t Ag. Exploration drilling expanded the 4-T Trend 400 meters southeast, with significant findings in JES-24-87.
Six holes were released, all showing mineralization. Over 2,700 meters have been drilled so far, with results for eight drill holes pending. A major regional producer will conduct a 30-day field program to assess the expansion area's potential.
Tocvan Ventures announced a significant update on their current drilling program. To date, they have completed 20 drill holes, covering over 2,200 meters. Results from these efforts are still pending.
The company will provide a detailed update during the Resource Mining & Exploration Conference (RMEC) on June 4, 2024, at 1:00 p.m. ET. The virtual event is hosted by Sagacity Capital Media and Guerilla Capital. CEO Brodie Sutherland will lead the presentation, which will include a real-time Q&A session with investors.
Tocvan Ventures announced significant results from its 2024 Reverse Circulation (RC) drilling program at the Pilar Gold-Silver project in Sonora, Mexico.
Highlights include drillhole JES-24-79, which intercepted 42.7 meters of 1.0 g/t gold from 22.9 meters depth, including 3.1 meters of 10.9 g/t gold. This marks the second-best intersection outside the Main Zone to date, located 300 meters northeast of the Main Zone.
Additional exploration holes (JES-24-78, 80, 81, and 82) on the northeastern flanks of known mineralization also showed promising results. Six more drill holes are pending analysis.
CEO Brodie Sutherland noted the results enhance the project's resource potential beyond the Main Zone, with the North Hill trend showing significant near-surface mineralization.
Tocvan Ventures has announced impressive initial results from its 2024 RC drill program at the Pilar Gold-Silver project in Sonora, Mexico. Highlighting this is drillhole JES-24-77, which returned 56.4 meters of 1.0 g/t gold, including 9.2 meters of 5.3 g/t gold, near the surface.
This marks the best intersect from the 4-T trend, situated 400 meters east of the Main Zone, ranking among Tocvan's top five drill results. The findings suggest significant resource potential along the 4-T trend, which is still open at depth.
Additional results from 11 pending drill holes along the same trend are expected. Notably, exploratory drillholes JES-24-74, 75, and 76 encountered only anomalous intervals, requiring further investigation.
CEO Brodie Sutherland emphasized the potential for a low strip ratio during development, which could reduce extraction costs. Overall, the results bolster confidence in the expanding resource potential at Pilar.
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