Tocvan Core Drilling Extends Main Zone, 70 meters South Returns 7.2 g/t Gold and 80 g/t Silver Over 2.6 meters within 46.9 meters of 0.5 g/t Gold
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.
Tocvan Ventures Corp. (TCVNF) ha annunciato risultati significativi di perforazione dal suo progetto Gran Pilar Gold Silver a Sonora, Messico. Il programma di perforazione a carotaggio ha esteso con successo la Main Zone, con risultati notevoli dal foro di sondaggio JES-25-112 che mostra 7,2 g/t Au e 80 g/t Ag su 2,6 metri all'interno di una zona mineralizzata più ampia con una media di 0,5 g/t Au su 46,9 metri.
La perforazione di estensione, situata 70 metri a sud delle perforazioni precedenti, ha ampliato il corridoio ad alto tenore oltre i confini conosciuti. La mineralizzazione è ospitata in una rete di vene di quarzo, con zone ad alto tenore associate a zone di taglio. Un campione duplicato del carotaggio nella zona ad alto tenore ha restituito 18 g/t Au su 1,1 metri, indicando la presenza di oro grossolano nel sistema.
Attualmente la società sta conducendo perforazioni RC con tre fori completati per un totale di oltre 452,9 metri. I catalizzatori a breve termine includono i risultati di perforazione in attesa e aggiornamenti sulle iniziative di autorizzazione per la produzione pilota.
Tocvan Ventures Corp. (TCVNF) ha anunciado resultados significativos de perforación en su proyecto Gran Pilar Gold Silver en Sonora, México. El programa de perforación de núcleo ha extendido exitosamente la Zona Principal, con resultados destacados del pozo JES-25-112 que muestra 7,2 g/t Au y 80 g/t Ag sobre 2,6 metros dentro de una zona mineralizada más amplia que promedia 0,5 g/t Au sobre 46,9 metros.
La perforación de extensión, ubicada 70 metros al sur de las perforaciones anteriores, ha ampliado el corredor de alta ley más allá de los límites conocidos. La mineralización está alojada en una red de vetas de cuarzo, con zonas de alta ley asociadas a zonas de cizalla. Una muestra duplicada del núcleo en la zona de alta ley arrojó 18 g/t Au sobre 1,1 metros, lo que indica la presencia de oro grueso en el sistema.
Actualmente, la empresa está realizando perforaciones RC con tres pozos completados que suman más de 452,9 metros. Los catalizadores a corto plazo incluyen resultados pendientes de perforación y actualizaciones sobre las iniciativas de permisos para la producción piloto.
Tocvan Ventures Corp. (TCVNF)는 멕시코 소노라에 위치한 Gran Pilar Gold Silver 프로젝트에서 중요한 시추 결과를 발표했습니다. 핵심 시추 프로그램은 메인 존을 성공적으로 확장했으며, 시추공 JES-25-112에서 2.6미터 구간에 금 7.2 g/t 및 은 80 g/t의 주목할 만한 결과를 보였고, 더 넓은 광물화 구간에서는 평균 금 0.5 g/t가 46.9미터에 걸쳐 나타났습니다.
이전 시추 지점에서 남쪽으로 70미터 떨어진 성공적인 확장 시추는 고품위 광맥을 기존 경계 너머로 확장시켰습니다. 광물화는 석영 정맥 네트워크 내에 존재하며, 고품위 구간은 전단대와 연관되어 있습니다. 고품위 구간의 핵심 시료 복제본은 1.1미터 구간에 금 18 g/t를 나타내어 시스템 내 굵은 금 입자의 존재를 시사합니다.
회사는 현재 RC 시추를 진행 중이며, 총 452.9미터 이상의 3개 구멍을 완료했습니다. 단기 촉매제로는 대기 중인 시추 결과와 파일럿 생산 허가 진행 상황 업데이트가 포함됩니다.
Tocvan Ventures Corp. (TCVNF) a annoncé des résultats de forage significatifs pour son projet Gran Pilar Gold Silver à Sonora, Mexique. Le programme de forage par carottage a permis d’étendre avec succès la Zone Principale, avec des résultats notables du trou JES-25-112 montrant 7,2 g/t Au et 80 g/t Ag sur 2,6 mètres au sein d’une zone minéralisée plus large affichant en moyenne 0,5 g/t Au sur 46,9 mètres.
Le forage d’extension, situé à 70 mètres au sud des forages précédents, a prolongé le corridor à haute teneur au-delà des limites connues. La minéralisation est hébergée dans un réseau de veines de quartz, avec des zones à haute teneur associées à des zones de cisaillement. Un échantillon du carottage en double dans la zone à haute teneur a donné 18 g/t Au sur 1,1 mètre, indiquant la présence d’or grossier dans le système.
La société réalise actuellement des forages RC avec trois trous complétés totalisant plus de 452,9 mètres. Les catalyseurs à court terme incluent les résultats de forage en attente et les mises à jour sur les initiatives d’autorisation pour la production pilote.
Tocvan Ventures Corp. (TCVNF) hat bedeutende Bohrergebnisse von seinem Gran Pilar Gold Silver Projekt in Sonora, Mexiko, bekannt gegeben. Das Kernbohrprogramm hat die Hauptzone erfolgreich erweitert, wobei Bohrloch JES-25-112 7,2 g/t Au und 80 g/t Ag über 2,6 Meter innerhalb einer größeren mineralisierten Zone mit einem Durchschnitt von 0,5 g/t Au über 46,9 Meter zeigte.
Die erfolgreiche Erweiterungsbohrung, 70 Meter südlich der vorherigen Bohrungen gelegen, hat den hochgradigen Korridor über die bisher bekannten Grenzen hinaus ausgeweitet. Die Mineralisierung befindet sich in einem Quarzader-Stockwerk, wobei hochgradige Zonen mit Scherzonen verbunden sind. Eine Duplikatprobe aus dem hochgradigen Bereich ergab 18 g/t Au über 1,1 Meter, was auf das Vorhandensein von grobem Gold im System hinweist.
Das Unternehmen führt derzeit RC-Bohrungen durch und hat drei Löcher mit insgesamt über 452,9 Metern abgeschlossen. Kurzfristige Auslöser sind ausstehende Bohrergebnisse und Updates zu Genehmigungsinitiativen für die Pilotproduktion.
- High-grade gold discovery: 7.2 g/t Au and 80 g/t Ag over 2.6 meters
- Successful extension of Main Zone mineralization 70 meters south
- Presence of coarse gold indicated by duplicate sampling
- Mineralization remains open to the south for potential further expansion
- True widths of mineralization not yet determined
- High variance in gold grades due to coarse gold requires additional studies
- Anomalous zones in some holes showed relatively low grades (0.1 g/t Au)
Highlights:
Step-out Drilling 70 meters South, Extends Main Zone
High-Grade Vein Returns 2.6 meters of 7.2 g/t Au and 80 g/t Ag
Duplicate Sample Analysis of High-Grade Vein returns 18 g/t Au over 1.1 meters
Within Broader zone averaging 0.5 g/t Au over 46.9 meters, starting from 54.5 meters depth
Remains Open and Untested to the South
CALGARY, AB / ACCESS Newswire / April 16, 2025 / Tocvan Ventures Corp. (the "Company") (CSE:TOC)(OTCQB:TCVNF)(WKN:TV3/A2PE64), is pleased to announce the remaining results from core drilling at the Gran Pilar Gold Silver Project in mine-friendly Sonora, Mexico. Ten core drillholes totaling 1,167.5 meters were completed earlier this year within the majority owned (
RC drilling is ongoing with three holes completed to date totaling over 452.9 meters.
"Step-out drilling south of the Main Zone has extended the high-grade corridor where we previously thought mineralization stopped." commented, CEO Brodie Sutherland. "This has opened up the opportunity to further extend mineralization to the south adding near surface resource potential. We have been very pleased with the success rate of the core program, adding key geological information for resource modelling whilst enhancing our understanding of high-grade zones and the true size potential of mineralization. RC drilling is ongoing advancing to the north of the Main Zone, following up on our initial success with expansion area drilling. We look forward to updating our shareholders as those results become available. Near term catalyst include drill results and updates on permitting initiatives for pilot production and aggressive exploration across the expansion area."
Figure 1. 3D Long Section View on Main Zone Trend looking east.
Figure 2. Planview map of the Main Zone area and immediately north where recent RC drilling has discovered the extension of mineralization along parallel trends. Today's drill results are within the majority owned Main Zone. Results for additional RC drilling are pending.
Table 1. Summary of Drill Results in today's release. Intervals reported are drilled lengths, currently there is insufficient information to determine true widths.
Table 2. Summary of drill collar locations and orientations. Coordinates are in UTM NAD 27, Zone 12N
Photo 1. Core Photo of quartz veining from hole JES-25-112, 56.0 to 58.55 returned 7.2 g/t Au, 80.4 g/t Ag and
Table 3. Summary of Drill Results from 2025 Core Program. All intervals reported are drilled widths.
Note: Please refer to the following news releases for detailed information on each hole.
JES-25-103 & 104, March 11, 2025
JES-25-105 - 106, March 19, 2025
JES-25-107 - 109, March 26, 2025
JES-25-110 - 112, April 16, 2025
Figure 3. Gran Pilar Project Overview, > 22km2 of prospective ground with two primary targets: South Block, the direct extension and expansion of the historic Main Zone defined by an expanding vein field of untested drill targets; North Block a 3.2-km by 1.5-km pyrite and clay alteration zone that coincides with high-grade gold-silver, the area remains largely untested.
Marketing Engagement
The Company announces it has engaged Aktiencheck AG to write website articles related to the Company's news updates. On March 19, 2025, a fee of 5,000.00 Euros was paid for the distribution of news. There is no formal agreement, both parties have agreed to a pay per use arrangement where future articles may be published. Some articles may be available on wallstreet-online.de. Information on Aktiencheck can be found here: Aktiencheck.de The Company has not issued any shares in consideration for services.
Pilar Drill Highlights:
2024 RC Drilling Highlights include (all lengths are drilled thicknesses):
42.7m @ 1.0 g/t Au, including 3.1m @ 10.9 g/t Au
56.4m @ 1.0 g/t Au, including 3.1m @ 14.7 g/t Au
16.8m @ 0.8 g/t Au and 19 g/t Ag
2022 Phase III Diamond Drilling Highlights include (all lengths are drilled thicknesses):
116.9m @ 1.2 g/t Au, including 10.2m @ 12 g/t Au and 23 g/t Ag
108.9m @ 0.8 g/t Au, including 9.4m @ 7.6 g/t Au and 5 g/t Ag
63.4m @ 0.6 g/t Au and 11 g/t Ag, including 29.9m @ 0.9 g/t Au and 18 g/t Ag
2021 Phase II RC Drilling Highlights include (all lengths are drilled thicknesses):
39.7m @ 1.0 g/t Au, including 1.5m @ 14.6 g/t Au
47.7m @ 0.7 g/t Au including 3m @ 5.6 g/t Au and 22 g/t Ag
29m @ 0.7 g/t Au
35.1m @ 0.7 g/t Au
2020 Phase I RC Drilling Highlights include (all lengths are drilled thicknesses):
94.6m @ 1.6 g/t Au, including 9.2m @ 10.8 g/t Au and 38 g/t Ag;
41.2m @ 1.1 g/t Au, including 3.1m @ 6.0 g/t Au and 12 g/t Ag ;
24.4m @ 2.5 g/t Au and 73 g/t Ag, including 1.5m @ 33.4 g/t Au and 1,090 g/t Ag
15,000m of Historic Core & RC drilling. Highlights include:
61.0m @ 0.8 g/t Au
21.0m @ 38.3 g/t Au and 38 g/t Ag
13.0m @ 9.6 g/t Au
9.0m @ 10.2 g/t Au and 46 g/t Ag
Pilar Bulk Sample Summary:
62% Recovery of Gold Achieved Over 46-day Leaching PeriodHead Grade Calculated at 1.9 g/t Au and 7 g/t Ag; Extracted Grade Calculated at 1.2 g/t Au and 3 g/t Ag
Bulk Sample Only Included Coarse Fraction of Material (+3/4" to +1/8")
Fine Fraction (-1/8") Indicates Rapid Recovery with Agitated Leach
Agitated Bottle Roll Test Returned Rapid and High Recovery Results:
80% Recovery of Gold and94% Recovery of Silver after Rapid 24-hour Retention Time
Additional Metallurgical Studies:
Gravity Recovery with Agitated Leach Results of Five Composite Samples Returned
95 to
99% Recovery of Gold73 to
97% Recovery of SilverIncludes the Recovery of
99% Au and73% Ag from Drill Core Composite at 120-meter depth.
Based on management's strong belief in the project's potential, the Company is outlining a permitting and operations strategy for a pilot facility at Pilar. The facility would underpin a robust test mine scenario with aims to process up to 50,000 tonnes of material. Timelines and budget are being prepared with the aim of moving forward with the development early in 2025. With gold prices hitting all-time highs, the Company believes the onsite test mine will provide key economic parameters and showcase the mineral potential of the area. In 2023, the Company completed an offsite bulk sample that produced important data showcasing the potential to recover both gold and silver through a variety of methods including heap leach, gravity and agitated leach (see August 22, 2023, news release for more details).
About Tocvan Ventures Corp.
Tocvan's advancing gold-silver projects are located in the mine-friendly jurisdiction of Sonora, Mexico. Through ongoing exploration programs, Company is unveiling the high-potential at its Gran Pilar Gold-Silver Project where it holds
Tocvan has approximately 59 million shares outstanding.
Quality Assurance / Quality Control
Rock and Drill samples were shipped for sample preparation to ALS Limited in Hermosillo, Sonora, Mexico and for analysis at the ALS laboratory in North Vancouver. The ALS Hermosillo and North Vancouver facilities are ISO 9001 and ISO/IEC 17025 certified. Gold was analyzed using 50-gram nominal weight fire assay with atomic absorption spectroscopy finish. Over limits for gold (>10 g/t), were analyzed using fire assay with a gravimetric finish. Silver and other elements were analyzed using a four-acid digestion with an ICP finish. Over limit analyses for silver (>100 g/t) were re-assayed using an ore-grade four-acid digestion with ICP-AES finish. Control samples comprising certified reference samples and blank samples were systematically inserted into the sample stream and analyzed as part of the Company's robust quality assurance / quality control protocol.
Soil Samples were shipped for sample preparation to ALS Limited in Hermosillo, Sonora, Mexico and for analysis at the ALS laboratory in North Vancouver. The ALS Hermosillo and North Vancouver facilities are ISO 9001 and ISO/IEC 17025 certified. Gold and multi-element analysis of soils was completed by aqua regia digestion and ICP-MS finish using a 50-gram nominal weight. Over limit gold values greater than 1 g/t were re-assayed with a more robust aqua regia digestion ad ICP-MS finish. Over limit analyses for silver (>100 g/t) were re-assayed using an ore-grade four-acid digestion with ICP-AES finish. Control samples comprising blank samples and certified reference materials were systematically inserted into the sample stream and analyzed as part of the Company's robust quality assurance / quality control protocol.
Brodie A. Sutherland, CEO for Tocvan Ventures Corp. and a qualified person ("QP") as defined by Canadian National Instrument 43-101, has reviewed and approved the technical information contained in this release.
Cautionary Statement Regarding Forward Looking Statements
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains "forward-looking information" which may include, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future. Forward-looking information in this news release includes statements regarding the use of proceeds from the Offering. Such forward-looking information is often, but not always, identified by the use of words and phrases such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.
These forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business. Management believes that these assumptions are reasonable. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include, among others, risks related to the speculative nature of the Company's business, the Company's formative stage of development and the Company's financial position. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results, except as may be required by applicable securities laws.
There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.
For more information, please contact:
TOCVAN VENTURES CORP.
Brodie A. Sutherland, CEO
820-1130 West Pender St.
Vancouver, BC V6E 4A4
Telephone: 1 888 772 2452
Email: ir@tocvan.ca
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Web: tocvan.com
SOURCE: Tocvan Ventures Corp
View the original press release on ACCESS Newswire
FAQ
What are the latest gold drilling results for Tocvan Ventures (TCVNF) at Gran Pilar?
How far has TCVNF extended the Main Zone at Gran Pilar?
What is the significance of the duplicate sample analysis in TCVNF's recent drilling?
What are the next steps for TCVNF at the Gran Pilar project?
