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Tocvan Ventures - TCVNF STOCK NEWS

Welcome to our dedicated page for Tocvan Ventures news (Ticker: TCVNF), a resource for investors and traders seeking the latest updates and insights on Tocvan Ventures stock.

Overview of Tocvan Ventures Corp.

Tocvan Ventures Corp. (TCVNF) is a well-structured exploration and development entity dedicated to advancing gold-silver projects in the prolific mining jurisdiction of Sonora, Mexico. Utilizing advanced drilling techniques such as reverse circulation and core drilling, the company focuses on generating robust geological models and understanding mineralized systems within structurally complex, low-sulphidation epithermal environments. Key industry terms like mineralization, geological modeling, and drilling exploration are integral to its processes, underscoring Tocvan’s technical expertise and a methodical approach to resource definition.

The primary asset, the Pilar Gold-Silver Project, is distinguished by its extensive land position consolidated through rigorous exploration programs. Tocvan’s strategic portfolio includes significant surface sampling, detailed geochemical mapping, and quality assured assay procedures. These initiatives are supported by state-of-the-art QA/QC protocols managed in certified laboratories, ensuring that all exploration data is both precise and reliable.

Operational and Technical Excellence

Tocvan Ventures positions itself as a knowledgeable player in the junior mining exploration sector. Its operations are defined by:

  • Robust Drilling Programs: The company employs both reverse circulation and core drilling methods to infill, step-out, and explore the defined mineralized zones. This dual approach enhances geological understanding and aids in constructing a comprehensive resource model.
  • Advanced Surface Sampling and Geochemical Analysis: Detailed rock chip and soil sampling along with geochemical modeling are used to outline prospective trends and guide future drilling campaigns across expansive areas.
  • Quality Control and Assurance: Tocvan’s commitment to excellence is evidenced by rigorous QA/QC protocols conducted in internationally certified laboratories ensuring the reliability of all exploration data.
  • Strategic Land Positioning: With substantial land holdings in highly prospective regions, the company leverages both historical and modern exploration insights to unlock the full potential of its projects.

Market Position and Industry Context

Tocvan Ventures operates within the dynamic realm of mineral exploration, where technical sophistication and detailed geological analysis serve as the backbone for potential future resource development. Its focus is on unlocking high-potential zones within well-established mineral trends, and evolving these discoveries into demonstrable value through careful exploration and phased drilling programs. The company’s operations remain evergreen through strategic positioning in a mine-friendly area and continuous discovery techniques that endorse its expertise and trusted methodology among industry peers.

While its business model does not rely solely on current production, Tocvan’s methodical approach to exploration and resource definition reinforces its long-standing commitment to building a solid foundation based on technical competence and precise data analysis. The integration of historical drilling insights with modern technological methods ensures that every exploration initiative is both comprehensive and insightful, providing clarity for stakeholders and aligning with best practices in the mining exploration industry.

Understanding Tocvan Ventures

Investors and industry analysts can appreciate Tocvan Ventures for its detailed exploration strategy, coupled with a disciplined implementation of advanced technical methods. The company’s ability to leverage geological expertise, smart drilling tactics and effective quality controls makes it a relevant study in contemporary mining exploration practices. Each phase of its exploration programs is designed to reinforce the integrity of its geological models, ensuring that the company’s operational decisions are grounded in credible, data-driven analysis.

Rhea-AI Summary

Tocvan Ventures Corp. (TCVNF) has announced significant drilling results from its Gran Pilar Gold Silver Project in Sonora, Mexico. The core drilling program has successfully extended the Main Zone, with notable results from drill hole JES-25-112 showing 7.2 g/t Au and 80 g/t Ag over 2.6 meters within a broader mineralized zone averaging 0.5 g/t Au over 46.9 meters.

The successful step-out drilling, located 70 meters south of previous drilling, has extended the high-grade corridor beyond previously known boundaries. The mineralization is hosted in quartz veining stockwork, with high-grade zones associated with shear zones. A core duplicate sample through the high-grade zone returned 18 g/t Au over 1.1 meters, indicating the presence of coarse gold in the system.

The company is currently conducting RC drilling with three holes completed totaling over 452.9 meters. Near-term catalysts include pending drill results and updates on permitting initiatives for pilot production.

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Tocvan Ventures Corp. (TCVNF) has resumed drilling at its Gran Pilar Gold-Silver Project in Sonora, Mexico. The company is focusing on the 100% controlled expansion area, where recent scout drilling yielded significant results, including 3.1 meters of 19.4 g/t Au within 106.6 meters of 0.6 g/t Au near the surface.

The current phase includes 1,500m of planned drilling with potential for expansion. The target area spans 675 meters over the Northern Zone, with drilling already progressing over 100 meters in the first drill hole. Results are pending for three core holes.

The company is also advancing its pilot facility plans at Pilar, aiming to process up to 50,000 tonnes of material. Previous metallurgical studies showed promising results with 95-99% gold recovery and 73-97% silver recovery through gravity recovery with agitated leach. A 2023 bulk sample demonstrated successful recovery rates with 62% gold recovery over a 46-day leaching period.

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Tocvan Ventures Corp. (TCVNF) has announced significant core drilling results at its Gran Pilar Gold Silver Project in Sonora, Mexico. The company discovered the highest-grade gold interval ever found outside the Main Zone, located 300 meters east on the North Hill Trend.

Key findings include:

  • Hole JES-25-108: 1.2 g/t Au and 14 g/t Ag over 64.9 meters from surface, including 21.6 g/t Au and 209 g/t Ag over 3.0 meters
  • Hole JES-25-107: 0.2 g/t Au and 5 g/t Ag over 108.2 meters from surface

The high-grade mineralization was found in a highly fractured near-surface fault zone with quartz veining. The company plans future trenching to evaluate the extent of high-grade mineralization for potential pilot mine feed. Results are pending for three additional holes in the ten-hole drilling program totaling 1,167.5 meters.

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Tocvan Ventures Corp. (TCVNF) has announced significant core drilling results from its Gran Pilar Gold Silver Project in Sonora, Mexico. The latest results from hole JES-25-105 showed 1.6 g/t Au over 36.3 meters from surface, including impressive high-grade sections of 15.2 g/t Au over 1.2 meters and 5.8 g/t Au over 3.0 meters.

The mineralization extends to 97.4 meters depth, averaging 0.7 g/t Au, marking a notable improvement from historic drilling. Ten core drillholes totaling 1,167.5 meters were completed, with results pending for six additional holes. The company plans to incorporate these findings into their maiden resource estimate for the Main Zone, where they hold a 51% ownership.

Additionally, Tocvan is preparing for a pilot facility at Pilar, aiming to process up to 50,000 tonnes of material. Their 2023 bulk sample demonstrated promising recovery rates: 62% gold recovery over 46 days, with head grades of 1.9 g/t Au and 7 g/t Ag.

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Tocvan Ventures Corp. (TCVNF) has announced significant drilling results from its Gran Pilar Gold Silver Project in Sonora, Mexico. The company reported its highest gold grade result since the prospect's 1996 discovery, with core hole JES-25-104 yielding 10.3 g/t Au over 9.7m, including an impressive 60.6 g/t Au over 1.6 meters.

The high-grade mineralization was found within a broader zone averaging 1.3 g/t Au over 83.5 meters. Adjacent trench sampling averaged 1.9 g/t Au and 9 g/t Ag over 14m. A second core hole, JES-25-103, returned anomalous gold, silver, and copper values, averaging 0.1 g/t Au, 8 g/t Ag, and 0.54% Cu over 34.7 meters.

The company is planning a pilot facility at Pilar with aims to process up to 50,000 tonnes of material in early 2025. Previous metallurgical studies have shown promising recovery rates of 95-99% for gold and 73-97% for silver using gravity recovery with agitated leach.

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Tocvan Ventures Corp. (CSE:TOC)(OTCQB:TCVNF) has announced a significant new gold discovery from Reverse Circulation drilling at its Gran Pilar Gold Silver Project in Sonora, Mexico. The company completed four drill holes totaling 776.2 meters on their 100% controlled expansion area north of known mineralized trends.

Scout hole JES-24-101 discovered high-grade gold, returning 19.8 meters of 3.1 g/t Au from surface, including 3.1m of 19.4 g/t Au, within a broader 106.8-meter section averaging 0.6 g/t Au. This result is the best yet outside the Main Zone and is located 250m from last year's drillhole JES-24-79, which returned 42.7 meters of 1.0 g/t Au.

Another scout hole, JES-24-102, returned 16.8 meters of 0.4 g/t Au and 6 g/t Ag, representing the northernmost successful hit of mineralization on the property. The company plans immediate follow-up drilling to further evaluate the area's potential, with recent surface sampling indicating mineralization continues 700m north and 2,000m east.

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Tocvan Ventures Corp. (CSE:TOC)(OTCQB:TCVNF) has successfully closed an oversubscribed private placement, raising total gross proceeds of $3.15 million. The second tranche raised $1,045,267.20 through the issuance of 2,177,640 Units at $0.48 per Unit, following the first tranche of $2,105,320. Each Unit includes one common share and one warrant exercisable at $0.75 for 36 months.

The company paid approximately $39,744 in cash commissions and issued 82,800 finders' warrants. The proceeds will fund the advancement of the Gran Pilar Au-Ag project in Sonora, Mexico. Currently, results are pending for four RC drill holes in the expansion area, with first results expected soon. Additionally, ten core drill holes were completed across the Main Zone, with initial results anticipated in March.

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Tocvan Ventures Corp. (TCVNF) has completed 1,122 meters of core drilling across ten drillholes at its Gran Pilar Gold Silver Project in Sonora, Mexico. Samples from the first three drillholes have been delivered to ALS Laboratory, with results pending. The drilling program aims to infill and expand known mineralization corridors for a maiden resource estimate and future Preliminary Economic Assessment.

Recent surface sampling revealed significant findings, including 21.2 g/t Au and >2,000 g/t Ag in a soil sample. A new target outcrop was identified one kilometer northeast of the Main Zone, showing elevated gold in soil values up to 320 ppb. The company plans to advance drill targeting in this road-accessible area.

The company also announced a stock option grant of 1,675,000 options at $0.50 per share and issued 28,658 common shares for interest payment on Convertible Notes. Tocvan is planning a pilot facility at Pilar with aims to process up to 50,000 tonnes of material, targeting early 2025 for development.

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Tocvan Ventures has announced new surface exploration results from its Gran Pilar Gold Silver Project in Sonora, Mexico. The company identified four new target areas in the Southern Block, spanning 1.8km by 1.0km, with rock chips yielding up to 3.1 g/t Au, 64 g/t Ag, 0.67% Cu, and 0.92% Pb. An additional unexplored area of 2.1km by 1.4km remains to the east.

Core drilling is ongoing at Pilar's Main Zone, with four holes completed totaling over 408 meters. The company aims to build a more robust geological model across the area. Previous drilling highlights include intersections of 42.7m @ 1.0 g/t Au and 56.4m @ 1.0 g/t Au. The company plans to process up to 50,000 tonnes of material through a pilot facility, with development aimed to begin in early 2025.

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Tocvan Ventures Corp. (TCVNF) has initiated core drilling at its Gran Pilar Gold-Silver Project in Sonora, Mexico. The company plans nine core drill holes in the Main Zone, pre-paid through a credit with joint venture partner Colibri Resources Corp, with whom they share a 51/49 percent interest in the 105-hectare area.

Four RC drillholes totaling 776.2 meters were completed before the holiday break, with assays pending. The company is focusing on two key developments for 2025: establishing a resource estimate and setting up a proof-of-concept test mine. The test mine aims to process up to 50,000 tonnes of material, with operations planned to begin in early 2025.

Previous drilling highlights include intersections of 42.7m @ 1.0 g/t Au and 116.9m @ 1.2 g/t Au. Recent metallurgical studies showed impressive recovery rates of 95-99% for gold and 73-97% for silver using gravity recovery with agitated leach.

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FAQ

What is the current stock price of Tocvan Ventures (TCVNF)?

The current stock price of Tocvan Ventures (TCVNF) is $0.531 as of April 16, 2025.

What is the market cap of Tocvan Ventures (TCVNF)?

The market cap of Tocvan Ventures (TCVNF) is approximately 28.0M.

What is the core business of Tocvan Ventures?

Tocvan Ventures is an exploration and development company focused on gold-silver projects in the mining-friendly region of Sonora, Mexico. It utilizes advanced drilling and surface sampling techniques to build robust geological models.

Which projects are central to Tocvan Ventures' portfolio?

The primary asset is the Pilar Gold-Silver Project, complemented by additional prospects like the Picacho Gold-Silver project in the Caborca Trend. These projects benefit from extensive land holdings and a proven exploration strategy.

How does the company ensure the quality of its exploration data?

Tocvan employs strict QA/QC protocols with internationally certified laboratories for sample analysis. This includes standardized procedures in assay techniques and systematic insertion of control samples to ensure data reliability.

What exploration techniques does Tocvan Ventures use?

The company utilizes a combination of reverse circulation drilling, core drilling, and detailed surface sampling. These techniques, alongside geochemical mapping, help define mineralized zones and guide resource model development.

How does Tocvan differentiate itself in the junior mining sector?

Tocvan distinguishes itself through a methodical exploration approach, robust technical processes, and strategic land consolidation. Its focus on detailed geological modeling and quality-assured data enables informed decision-making during the exploration phases.

What are the main challenges Tocvan Ventures faces?

Like many exploration companies, Tocvan confronts challenges such as accurately delineating mineralized zones in a geologically complex environment and executing cost-effective drilling programs. However, its rigorous technical approach mitigates these challenges.

How does Tocvan Ventures approach resource estimation?

The company builds comprehensive geological models using both core and RC drilling data, coupled with systematic surface sampling. This approach lays the groundwork for resource estimation methodologies that are critical for future development planning.

What is the significance of Tocvan's strategic land position?

Tocvan’s expansive land holdings in Sonora provide it with access to multiple high-potential exploration areas. This strategic positioning enhances its capability to uncover new mineralized trends and supports long-term exploration and development initiatives.
Tocvan Ventures

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