Tocvan Core Drilling Returns 1.0 g/t Gold Over 66 meters from Surface Includes High-Grade 15.2 g/t Gold Over 1.2 meters and 5.8 g/t Gold Over 3 meters
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.
Tocvan Ventures Corp. (TCVNF) ha annunciato risultati significativi di perforazione dal suo progetto Gran Pilar Gold Silver in Sonora, Messico. Gli ultimi risultati del foro JES-25-105 hanno mostrato 1.6 g/t Au su 36.3 metri dalla superficie, inclusi impressionanti sezioni ad alta gradazione di 15.2 g/t Au su 1.2 metri e 5.8 g/t Au su 3.0 metri.
La mineralizzazione si estende fino a una profondità di 97.4 metri, con una media di 0.7 g/t Au, segnando un notevole miglioramento rispetto alle perforazioni storiche. Sono stati completati dieci fori di perforazione per un totale di 1.167,5 metri, con risultati in attesa per sei fori aggiuntivi. L'azienda prevede di incorporare questi risultati nella loro prima stima delle risorse per la Main Zone, dove detiene una partecipazione del 51%.
In aggiunta, Tocvan si sta preparando per una struttura pilota a Pilar, con l'obiettivo di processare fino a 50.000 tonnellate di materiale. Il loro campione bulk del 2023 ha dimostrato tassi di recupero promettenti: 62% di recupero dell'oro in 46 giorni, con gradi di testa di 1.9 g/t Au e 7 g/t Ag.
Tocvan Ventures Corp. (TCVNF) ha anunciado resultados significativos de perforación en su proyecto Gran Pilar Gold Silver en Sonora, México. Los últimos resultados del pozo JES-25-105 mostraron 1.6 g/t Au sobre 36.3 metros desde la superficie, incluyendo secciones de alta ley impresionantes de 15.2 g/t Au sobre 1.2 metros y 5.8 g/t Au sobre 3.0 metros.
La mineralización se extiende hasta una profundidad de 97.4 metros, promediando 0.7 g/t Au, marcando una notable mejora respecto a las perforaciones históricas. Se completaron diez perforaciones de núcleo que suman 1,167.5 metros, con resultados pendientes para seis pozos adicionales. La empresa planea incorporar estos hallazgos en su primera estimación de recursos para la Main Zone, donde posee el 51% de participación.
Además, Tocvan se está preparando para una instalación piloto en Pilar, con el objetivo de procesar hasta 50,000 toneladas de material. Su muestra a granel de 2023 demostró tasas de recuperación prometedoras: 62% de recuperación de oro en 46 días, con leyes de cabeza de 1.9 g/t Au y 7 g/t Ag.
Tocvan Ventures Corp. (TCVNF)는 멕시코 소노라에 위치한 Gran Pilar Gold Silver 프로젝트에서 중요한 코어 드릴링 결과를 발표했습니다. JES-25-105 구멍의 최신 결과는 표면에서 36.3미터에 걸쳐 1.6 g/t Au를 보여주었으며, 1.2미터에 걸쳐 15.2 g/t Au와 3.0미터에 걸쳐 5.8 g/t Au와 같은 인상적인 고급 구간을 포함하고 있습니다.
광물화는 97.4미터 깊이까지 확장되며, 평균 0.7 g/t Au를 기록하여 역사적인 드릴링에 비해 눈에 띄는 개선을 나타냅니다. 총 1,167.5미터에 해당하는 10개의 코어 드릴링이 완료되었으며, 추가적인 6개의 구멍에 대한 결과는 대기 중입니다. 회사는 이 결과를 Main Zone의 첫 자원 추정에 포함할 계획이며, 여기서 51%의 소유권을 보유하고 있습니다.
또한, Tocvan은 Pilar에서 파일럿 시설을 준비하고 있으며, 최대 50,000톤의 자재를 처리할 계획입니다. 2023년 대량 샘플은 유망한 회수율을 보여주었습니다: 46일 동안 62%의 금 회수율을 기록했으며, 헤드 그레이드는 1.9 g/t Au 및 7 g/t Ag입니다.
Tocvan Ventures Corp. (TCVNF) a annoncé des résultats significatifs de forage de carottes provenant de son projet Gran Pilar Gold Silver au Sonora, au Mexique. Les derniers résultats du trou JES-25-105 ont montré 1.6 g/t Au sur 36.3 mètres depuis la surface, y compris des sections de haute qualité impressionnantes de 15.2 g/t Au sur 1.2 mètres et 5.8 g/t Au sur 3.0 mètres.
La minéralisation s'étend jusqu'à 97.4 mètres de profondeur, avec une moyenne de 0.7 g/t Au, marquant une amélioration notable par rapport aux forages historiques. Dix forages de carottes totalisant 1.167,5 mètres ont été réalisés, avec des résultats en attente pour six autres trous. L'entreprise prévoit d'incorporer ces résultats dans sa première estimation des ressources pour la Main Zone, où elle détient 51% de propriété.
De plus, Tocvan prépare une installation pilote à Pilar, visant à traiter jusqu'à 50 000 tonnes de matériau. Leur échantillon en vrac de 2023 a montré des taux de récupération prometteurs : 62 % de récupération d'or sur 46 jours, avec des teneurs de tête de 1.9 g/t Au et 7 g/t Ag.
Tocvan Ventures Corp. (TCVNF) hat bedeutende Kernbohrergebnisse aus seinem Gran Pilar Gold Silver Projekt in Sonora, Mexiko, bekannt gegeben. Die neuesten Ergebnisse aus dem Bohrloch JES-25-105 zeigten 1.6 g/t Au über 36.3 Meter von der Oberfläche, einschließlich beeindruckender hochgradiger Abschnitte von 15.2 g/t Au über 1.2 Meter und 5.8 g/t Au über 3.0 Meter.
Die Mineralisierung erstreckt sich bis in eine Tiefe von 97.4 Metern und hat einen Durchschnitt von 0.7 g/t Au, was eine bemerkenswerte Verbesserung gegenüber historischen Bohrungen darstellt. Insgesamt wurden zehn Kernbohrlöcher mit einer Gesamtlänge von 1.167,5 Metern abgeschlossen, während die Ergebnisse für sechs weitere Löcher noch ausstehen. Das Unternehmen plant, diese Erkenntnisse in seine erste Ressourcenschätzung für die Main Zone einzubeziehen, an der es 51% Eigentum hält.
Darüber hinaus bereitet Tocvan eine Pilotanlage in Pilar vor, die darauf abzielt, bis zu 50.000 Tonnen Material zu verarbeiten. Ihre 2023er Großprobe zeigte vielversprechende Rückgewinnungsraten: 62% Goldrückgewinnung über 46 Tage, mit Kopfgehalten von 1.9 g/t Au und 7 g/t Ag.
- High-grade gold intercepts: 1.6 g/t Au over 36.3m from surface
- Significant improvement over historic drilling results
- Plans for 50,000-tonne pilot facility advancing
- Strong metallurgical results with up to 99% gold recovery in testing
- Mineralization confirmed from surface to 97.4 meters
- Only 51% ownership of the Main Zone
- Some areas show weakening mineralization requiring additional testing
- Bulk sample recovery to 62% gold recovery
Highlights:
Main Zone Infill Provides Upgrade to Historic Drilling
1.6 g/t Au over 36.3 meters from surface within 66 meters of 1.0 g/t Au (Hole JES-25-105)
including 15.2 g/t Au over 1.2 meters, from 35.1 metersdepth
and 5.8 g/t Au over 3.0 meters, from 9.0 meters depth
Mineralization from surface to 97.4 meters averaging 0.7 g/t Au
Results Pending for Six Additional Holes
CALGARY, AB / ACCESS Newswire / March 19, 2025 / Tocvan Ventures Corp. (the "Company") (CSE:TOC)(OTCQB:TCVNF)(WKN:TV3/A2PE64), is pleased to announce results from the latest 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 (
"Infill drilling through the Main Zone is identifying precisely where we can source moderate to high-grade ore during pilot and full-scale mining." commented, CEO Brodie Sutherland. "Positioned directly below surface trenching, we have a high degree of confidence in the extension of significant mineralization at Pilar. We are excited to evaluate the results for the remaining core holes as they will provide insight towards future development along parallel trends across the property. All information will be fed into our planned maiden resource estimate that will look to outline the resource potential across the Main Zone, an important milestone leading towards unlocking the full property potential."
Figure 1. 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.
Table 1. Summary of Drill Results in today's release. Intervals reported are drilled lengths, the Company will update on estimated true thickness once all new drill data has been processed.
Figure 2. 3D North to South Long-Section of the drilled Main Zone area. Drill results announced today are in red boxes.
Photo 1. Close up of high-grade gold sample (JES-25-105, 1.2 meters of 15.4 g/t Au and 4 g/t Ag, from 35.1m depth vertically from surface).
Table 2. Summary of Results from JES-25-105 from surface to 36.3m downhole.
Table 3. Summary of drill collar locations and orientations. Coordinates are in UTM NAD 27, Zone 12N
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.
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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SOURCE: Tocvan Ventures Corp
View the original press release on ACCESS Newswire
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