Tocvan Ventures Corp. (CSE:TOC) has announced first-pass reconnaissance results from its Pilar Gold-Silver Expansion Area in Mexico, which included 5.6 grams per tonne (g/t) gold and 106 g/t silver in a surface sample taken 4.5 kilometers from the Pilar Main Zone.
The exploration development company said only 23 samples were collected during the first pass reconnaissance, yet new target areas were discovered.
"Initial due diligence was completed to get a sense for the area, to quickly see those results yield high values for gold and silver showcases the true potential beyond Pilar," Tocvan Ventures CEO Brodie Sutherland said in a statement.
"Not only are we seeing an extension of the Pilar mineralized system immediately to the north of the previous boundary, we are seeing significant gold values well beyond with excellent indications in the geochemistry that there is more to be discovered," he added.
Sutherland also noted that the areas will become focal points for new targeting to rapidly advance drilling in the expansion area.
The company added that the Expansion Area includes highly prospective zones that have seen limited exploration to date, with recent placer mining in conjunction with historic mine workings suggesting untested gold and silver potential.
Tocvan Ventures is a well-structured exploration development company earning 100% into two exciting opportunities in Sonora, Mexico: the Pilar Gold-Silver project and the El Picacho Gold-Silver project.
Contact Sean at sean@proactiveinvestors.com