Company
Tocvan Ventures Corp.
CNSX:TOC
Tocvan Ventures Corp is a resource company that went public in February 2019 looking to take advantage of the prolonged downturn in the junior exploration sector. It is earning into what it sees as two exciting opportunities - the advanced Pilar gold project in the Sonora gold district in Mexico, and the Rogers Creek project in British Columbia Canada. In a cash-and-share deal with Colibri Resource Corp, Tocvan can buy up to 100% of Pillar, which is road accessible, has already had over 17,000 meters of drilling since the 1990s, and lies 140 kilometers south-east of the city of Hermosillo. The firm believes the project can prove up an economic resource in the short term as it must now complete C$2 million of exploration over the next several years. In addition, Tocvan has an option to earn 80% of Rogers Creek from Carube Copper - a project which has already received C$3 million for exploration.
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Tocvan Ventures says ongoing drilling at El Picacho Gold-Silver Project returns high grade gold with silver mineralization
"We are very excited to be drilling at El Picacho where there is no shortage of drill targets to evaluate the potential of this highly prospective area,” said CEO Brodie Sutherland
Tocvan Ventures says compiled historic surface data at Jabali Prospect at El Picacho identifies high-grade gold values
The company said 80 samples from historic sample database compilation show a range between 0.01 to 32 grams per ton (g/t) gold, averaging 3.1 g/t gold over a 500-meter trend
Tocvan Ventures says preparations underway for maiden drill program at El Picacho gold-silver Project in Mexico
"We are very excited to be back operating in Sonora as we prepare for drilling our initial program at El Picacho and continuing to evaluate and prepare for the next steps at Pilar,” said CEO Brodie Sutherland
Tocvan Ventures announces release of new corporate video highlighting Sonora projects
"Over the last two years, we have shown we have the technical capability to advance these projects. We have an excellent share structure and are aligned with our shareholders to create value for them," CEO Brodie Sutherland said in the vide
Tocvan Ventures outlines near-term plans for its two projects in Sonora state, Mexico
As reported earlier in September, also planned is a maiden drill program targeting the San Ramon prospect at the company's El Picacho property
Tocvan Ventures eyes start of drilling at El Picacho gold-silver project after identifying San Ramon as high-priority target
The target area identified spans an area 500 metres by 500 metres, focused around significant historic workings, which trend south along the contact of a regional fault
Tocvan Ventures says it is 'extremely encouraged' by latest drill results from Pilar gold-silver project
Seven holes as part of the Phase 3 program were sunk for 1,382 metres and assays from four, in new areas, hit structures known to host gold-silver mineralization
Tocvan Ventures discovers mineralization 600m from main zone in reconnaissance drilling at Pilar
"For the first holes testing these new trends to return anomalous mineralization is an excellent indication there is more to be discovered at Pilar", Tocvan CEO, Brodie Sutherland said
Tocvan Ventures completes seven RC drill holes at Pilar project in Mexico; results expected later this month
Drilling focused on the 4-T expansion and extension targets and a new trend discovered during the last stage of drilling
Tocvan Ventures says initial testing at Pilar returned over 85% gold recovery
"These initial results are encouraging and suggest the gold recovery of oxide material at Pilar has the potential to be relatively high," Tocvan CEO Brodie Sutherland said
Tocvan Ventures identifies new target area at Murcielago at El Picacho project, Mexico
The sampling at the gold-silver project has been going on since April this year with 65 samples taken from the Murcielago prospect, with 14 of them returning greater than 0.1 grams per ton (g/t) gold
Tocvan Ventures closes a private placement to an institutional investor to raise an aggregate amount of C$5.125M
The funds will go towards the advancement of the Pilar and El Picacho Au-Ag projects in Sonora, Mexico and for general working capital purposes, the company said
Tocvan Ventures recommences drilling at Pilar gold-silver project in Sonora, Mexico
"We are excited for this next stage of drilling at Pilar, as we feel the potential to expand the known areas of mineralization is very significant," the company's CEO Brodie Sutherland said
Tocvan Ventures executes binding term sheet in connection with proposed C$5,125,000 financing with a UK institutional investor
"Over the last year it has been our goal to align with an institutional investor that sees the potential of our Sonora projects and wants to be part of our next stage of growth," commented Brodie Sutherland, the company's CEO
Tocvan Ventures unearths new trend parallel to Main zone at Pilar gold-silver project
One of the two holes was successful in hitting a "significant" zone of broad low-grade gold mineralization, showing 54.9m of 0.3 grams per tonne (g/t) gold starting from just 6.10m depth, including 13.7m of 0.6 g/t gold and 9.2m of 0.6 g/t
Tocvan Ventures reports encouraging results from Phase III drilling at Pilar gold-silver project
In all, 1,562 metres have been sunk in nine holes, providing key information across the project's Main Zone and 4-T Trend
Tocvan Ventures sells Rogers Creek project to focus on core Mexican assets
“Completing this transaction means we can unlock the value of the Rogers Creek asset to our shareholders and ensure it has the focus it deserves through Cascade Copper", Tocvan CEO Brodie Sutherland said
Tocvan Ventures closes previously announced non-brokered private placement of units for gross proceeds of $346,200
The proceeds of the offering will go toward the advancement of the Pilar and El Picacho gold-silver projects in Sonora, Mexico
Tocvan Ventures says will shortly close non-brokered private placement for gross proceeds of up to C$346,200
The company said the proceeds of the raise will go towards the advancement of the Pilar and El Picacho Au-Ag projects in Sonora, Mexico
Tocvan Ventures says drilling at Pilar Gold-Silver project continues to reveal high-grade gold mineralization
"We consider this new discovery of high-grade breccia-hosted mineralization on trend with our Main Zone as one of our most significant findings to date,” CEO Brodie Sutherland said
Tocvan says Phase III core drilling at Pilar confirms significant grade and distribution of gold-silver mineralization
"This further validates the strength of the shallow mineralized system at Pilar, especially in regard to the significant high-grade mineralization adjacent to controlling structures. We look forward to reviewing the remaining results that t
Tocvan Ventures announces initial drill results from its Pilar Gold-Silver project in Mexico
CEO Brodie Sutherland: "Core drilling continues to demonstrate the continuity and strength of oxide gold-silver mineralization at Pilar"
Tocvan Ventures awaiting assays from Phase III drilling at Pilar; eyeing next moves at El Picacho project
"As we prepare to receive the drill results from the start of Phase III drilling, we look forward to the next stage of planning and drilling at Pilar," Brodie Sutherland, CEO of Tocvan said
Tocvan Ventures closes previously announced non-brokered private placement of units for gross proceeds of $360,803
Proceeds from the offering will be used to advance the company's Pilar and El-Picacho Au-Ag (gold-silver) projects in Sonora, Mexico
Tocvan Ventures says drill results at Pilar project in Mexico are pending
The company said 1,200 meters (m) of core drilling has been completed providing essential information across the Main Zone and 4-T Trend
Tocvan Ventures announces C$600,000 private placing to advance Mexico projects
"With the recent discovery of a broad mineralized breccia host and the activation of a second drill rig at Pilar, we feel now is the time to keep the momentum going as we come into full-swing of our operating season," said Tocvan CEO Brodie
Tocvan Ventures sees encouraging findings from Phase 3 drilling at Pilar project
The drilling is focused on Main Zone expansion targets and newly identified targets, and one core drill hole has hit "a heavily oxidized and fractured mineralized breccia"
Tocvan Ventures discovers high-grade gold and silver from sampling at its Pilar project in Mexico
Surface sample results included 9.2 grams per tonne (g/t) gold and 279 g/t silver from the expanded Main Zone
Tocvan Ventures welcomes 'very encouraging' results from trenching at Pilar gold-silver project in Mexico
T-21-2 hit 19.5m of 0.61 grams per ton (g/t) gold across the entire length of the trench in an area along the developing 4-Trench Trend, Tocvan said, while T-21-3 yielded 19.8m at 0.73 g/t gold and was targeted to provide key geochemical in
Tocvan Ventures appoints Brodie Sutherland as its new CEO
The company said the executive change will better align with the technical and professional expertise required to advance its two gold-silver assets in Mexico towards development
Tocvan Ventures starts drilling again at Pilar project in Mexico
An initial phase of 3,500m is planned for the first quarter of 2022, which will be followed by up to 4,500m. The focus will be continued step-out drilling along the Main Zone Trend and new 4-Trench Trend, while exploration drilling will con
Tocvan Ventures closes second tranche of private placement raising gross proceeds of $266,000
“With a first phase of trenching complete and drilling set to begin, we remain focused on the advancement of Pilar and are excited to announce the recent financing will provide the capital to see us through to our next phase of exploration,
Tocvan Ventures set to kick off new drill campaign at Pilar gold-silver project in Mexico
Drilling to follow up on Phase II drill program targets is scheduled to begin within the next week
Tocvan Ventures raises gross proceeds of $471,225 from first tranche of private placement
“We are now on the ground in Mexico with our exploration team and we are very much looking forward to this next phase of exploration,” said Tocvan VP Exploration, Brodie Sutherland
Tocvan Ventures outlines its exploration plans for recently acquired El Picacho gold-silver project in Mexico
As reported in September this year, the firm inked a definitive agreement with Millrock Resources Inc over the asset, which hosts five main target areas so far identified called San Ramon, Cornea, Jabali, Puerto and Tortuga, which span over
Tocvan Ventures kicks off field operations again at Pilar project in Mexico
"Last year was very successful in growing the potential size of the mineralized system at Pilar, we look forward to building off that success again this year with continued drilling and trenching across the property," said Sutherland
Tocvan Ventures proceeds with non-brokered private placement for gross proceeds of up to C$1.2 million
The company said a lead order for the placement has been established with a prospective long-term shareholder with extensive experience in Mexican mineral exploration and development
Tocvan Ventures to buy 100% of Rogers Creek copper project, aims to spin it out into new firm Cascade Copper
Previously, Tocvan had an option to buy up to an 80% stake in Rogers Creek from C3 Metals but that deal is now void, replaced by an agreement to buy all of the project
Tocvan Ventures finalizes definitive assignment agreement with Millrock for El Picacho gold project
The agreement comes after a previously announced Letter of Commitment and the successful completion of a 60-day due diligence period by Tocvan
Tocvan finalizes agreement for the transfer of the El Picacho gold-silver property option in Sonora, Mexico
It said the agreement is a prime example of its ability to negotiate transactions which add significant accretive value to shareholders while allowing previous operators and landowners to benefit greatly from a successful outcome as it work
Tocvan Ventures set to kick off trenching program at Pilar project in October this year
The 20-hole Phase 2 drill program has expanded the so-called Main zone 30 metres (m) to the northwest and 150m to the southeast and defined a new mineralized trend over a 500m strike, parallel to the Main zone
Tocvan Ventures prepares next steps for Pilar project after successful first and second phase drilling
Two holes were reported, with one returning an intercept of 39.7 meters (m) at 0.96 grams per ton gold starting from 39.65m depth
Tocvan Ventures identifies 500-meter mineralized trend following drill program at the Pilar Gold-Silver project in Mexico
The Phase II drill program was completed in June with over 3,500m of RC drilling in 20 drill holes
Tocvan Ventures reveals new drill results from Pilar gold-silver project that show potential to expand the Main Zone
Results from the six holes reported included 47.3m at 0.75 g/t gold and 5 g/t silver, or 0.80 g/t gold equivalent
Tocvan reports promising Phase II drill program results from Main Zone at Pilar gold-silver project in Mexico
It drilled 35.1m of 0.72 g/t gold equivalent in a 100m step-out east of the Main Zone at Pilar in Sonora, Mexico
Tocvan Ventures set to bolster portfolio with acquisition of El Picacho gold project in Mexico
The company has inked a letter of commitment with Millrock Resources to acquire the option agreement on the asset
Tocvan Ventures says it is 'extremely pleased' with early stage drill results at flagship Pilar project
The company reported results from the first three holes of its Phase II drill program, in which 17 holes have been sunk so far
Tocvan Ventures receives additional permits for Pilar project
The new permits are for an additional 44 drill pads and seven trenches at the project in Mexico
Tocvan Ventures pleased with progress of Phase 2 drilling at Pilar
So far, 11 holes have been completed for 1,811m and samples for the first five holes have been sent to the lab, the company said
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Tocvan Ventures unveils preliminary metallurgical results as it moves towards bulk sample at Pilar project, Mexico
The preliminary metallurgical results hail from two samples taken from a hole reported in December 2020
Tocvan kicks off largest drill program ever conducted at its flagship Pilar gold-silver project in Mexico
The company said that its Phase II program will consist of two stages and plans for a minimum of 4,000m of reverse circulation drilling
Tocvan Ventures reports surface sampling results from Pilar ahead of next phase of drilling
In all, 207 rock chip samples were collected covering the entire property
Tocvan Ventures identifies three new zone targets at Pilar ahead of drilling
A new so-called Triple Vein Zone (TVZ) was identified that extends 350 meters south of the Main Zone, Tocvan said