TOCVAN VENTURES CORP - TCVNF STOCK NEWS

Tocvan Ventures Corp. (TOC) had a successful 2023, with significant discoveries and advancements in their gold-silver projects in Sonora, Mexico. The company reported a drilling discovery at Picacho, a successful bulk sample with high-grade gold and silver, and a consolidation of the Pilar project area. Additionally, they outlined their key objectives for 2024, including resource drilling, maiden resource estimation, mine planning and design, and continued metallurgical testing.

Tocvan Ventures Corp. (TOC) plans up to 10,000 meters of drilling at the Pilar Gold-Silver Project in Sonora, Mexico, targeting resource definition and expansion, with a maiden Mineral Resource Estimate (MRE) expected in late 2024. The CEO aims for a transformative year, emphasizing resource sustainability. Drilling will start in late January and continue throughout the year.

Tocvan Ventures Corp. (TOC) reported trench channel sample results from its Pilar gold-silver project in Sonora, Mexico. The results, including 36 channel samples totaling 72.0 meters, showed gold values up to 2-meters of 6.6 g/t Au and silver values up to 2-meters of 36 g/t Ag. The company is currently evaluating optimal drill locations to rapidly advance a resource estimate at Pilar, which is permitted for 83 drill pads. In addition, assessment work is being conducted to prioritize target areas for additional resource potential in the new acquisition area adjacent to Pilar. Tocvan Ventures plans to focus on future resource expansion in areas with active placer mining activity, aiming for key development milestones in 2024.

Tocvan Ventures Corp. (TOC: CSE, TCVNF: OTCQB) has closed a second tranche of non-brokered private placement of Units for gross proceeds of $306,150, exceeding the original target of $500,000. The proceeds will be used for the advancement of the Pilar Au-Ag project in Sonora, Mexico, accelerating the permitting and drilling initiatives leading towards resource development.

Tocvan Ventures Corp. (CSE:TO);(OTCQB:TCVNF);(FSE:TV3) has poured the first doré bar of gold and silver from bulk sample material at its Pilar gold-silver project in Sonora, Mexico. The bar weighs 1.487 kilograms, with 18% gold and 69% silver. A total of 700 tonnes of material were processed, returning a 1.9 g/t Au head grade and gold recovery of 62%. The company has also engaged The Howard Group Inc. as its Capital Markets and Corporate Digital Communications advisor.

Tocvan Ventures Corp. (TOC) has closed the first tranche of a non-brokered private placement of Units, raising $369,000. The company issued 820,000 Units at $0.45 per Unit, each consisting of one Common Share and one Warrant. The raise will fund the Pilar Au-Ag project in Sonora, Mexico, including expansion acquisition, permitting, and drilling initiatives. The company also paid commissions to finders and issued Finder Warrants. The Offering is subject to conditions and will be used for general working capital.

Tocvan Ventures Corp. announces a non-brokered private placement of up to 1,111,111 units at CAD $0.45 per unit, aiming to raise up to CAD $500,000. The funds will be used for the advancement of the Pilar Au-Ag project in Sonora, Mexico, including the expansion acquisition and drilling initiatives. The company has received interest from new strategic investors and aims to align with long-term shareholders.

Tocvan Ventures Corp. is starting the environmental permitting process at its Pilar gold-silver project in Sonora, Mexico. The company is conducting a detailed UAV LiDAR survey to provide high-resolution surface modeling for infrastructure planning, drill targeting, and environmental permitting. The expansion area, which covers over 21.7-square kilometers, has shown high-grade gold and silver values in initial surface samples. Tocvan Ventures Corp. is also planning to follow up on recent high-grade sample results in the northern alteration target area.

Tocvan Ventures announces high-grade gold and silver samples in its Pilar Gold-Silver Expansion Area in Sonora, Mexico.