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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 released an update on its Bulk Sample at the Pilar gold-silver project in Sonora, Mexico. The company reports favorable gold and silver values as the heap leach process continues. Key highlights include:
- Preliminary results confirm active recovery of gold and silver
- Gold and silver detected in initial carbon filter tests
- New fine fraction samples average 2.1 g/t Au and 14.8 g/t Ag
- Leach study shows 95-99% gold recovery and 73-97% silver recovery
- Metallic screen results indicate 12.4-14.1% of gold is coarse (+140 mesh)
The company is processing over 800 tonnes through heap leach, with additional material available for gravity recovery and agitated leach testing. Initial results from solution samples and carbon material testing indicate successful leaching progress.
Tocvan Ventures Corp. has announced its operational plans for 2023 regarding its Pilar and El Picacho gold-silver projects in Sonora, Mexico. Significant updates include:
- Completion of crushing for a bulk sample
- Initial sampling returning consistent gold values averaging 1.64 g/t Au
- Commencement of channel sampling to assist in future drill targeting
The Pilar site has been permitted for 83 drill pads totaling a minimum of 10,000 meters of drilling, while El Picacho is permitted for 14,000 meters. Tocvan is optimistic about resource expansion based on positive sampling results and ongoing exploration activities.
Tocvan Ventures Corp. (CSE:TOC, OTCQB:TCVNF) has announced promising results from a Precious Metal Diagnostic Leach Study at its Pilar Gold-Silver Project in Sonora, Mexico. The study revealed recoverable gold (95-99%) and silver (73-97%) through gravity concentration and cyanide leach. Notable assay results include:
- Head Screen Assays: Gold: 2.7 to 24.9 g/t; Silver: 8.8 to 74.2 g/t.
- Gravity Concentrate Assays: Gold: 35.6 to 290.3 g/t; Silver: 53 to 1,152 g/t.
Drill core samples indicated potential for similar recovery depth (150m). CEO Brodie Sutherland expressed the results exceed expectations, showcasing the project's development potential. The company intends to further evaluate recovery methods and optimize future mining operations.
Tocvan Ventures Corp. has reported progress at its Pilar Gold-Silver Project in Sonora, Mexico, with over 1,200 tonnes of material stockpiled for bulk sampling. Diagnostic leach tests returned high-grade results averaging 6.2 g/t Au to 11.1 g/t Au across samples. The company has identified coarse free gold in screened materials and added a gravity recovery circuit for testing. A $600,000 CAD private placement with an institutional investor is underway, comprising 1,102,941 units at $0.544 each. Funds will support drilling and operational programs. Further updates are anticipated in April.
Tocvan Ventures Corp. (OTCQB: TCVNF) has provided an update on its Pilar Gold-Silver Project in Sonora, Mexico. Key advancements include ongoing bulk sampling and preparation of a heap leach pad. Laboratorio Technologico de Metalurgia (LTM), an ISO certified lab, will conduct a Precious Metal Diagnostic Leach study. The company has secured a renewed two-year drilling permit, allowing exploration on a largely untested 1.2 km trend, enhancing the potential for defining additional mineralization. The sampling is expected to extract up to 1,000 tonnes of oxide-gold material, providing crucial insights for future production planning.
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