Tocvan Ventures Corp has announced initial drill results from its Pilar Gold-Silver project in Sonora, Mexico.
The results are from the first three drill holes totaling 513.3 meters (m) within the Main Zone.
The company salso aid a total of 1,540m of Phase III drilling has been completed in nine drill holes, providing key information across the Main Zone and 4-T Trend.
"Core drilling continues to demonstrate the continuity and strength of oxide gold-silver mineralization at Pilar,” said Tocvan CEO Brodie Sutherland in a statement.
READ: Tocvan Ventures awaiting assays from Phase III drilling at Pilar; eyeing next moves at El Picacho project
"Intersecting another broad low-grade zone with a high-grade core is extremely encouraging as we look to advance our understanding of the Main Zone and move the project towards the next stage of development. With more results pending we look forward to outlining the next steps for expansion at Pilar," he added.
Drill highlights include:
- JES-22-58 (Core): 33.3m at 0.63 grams per ton (g/t) gold (Au) and 2 g/t silver (Ag), from 85.6m including 21.7m at 0.94 g/t Au and including 4.0m at 4.3 g/t Au and 7 g/t Ag
- JES-21-57 (Reverse Circulation): 6.1m at 0.51 g/t Au and 8 g/t Ag, from 6.1m downhole depth
- JES-22-60 (Core): 5.5m at 0.64 g/t Au and 10 g/t Ag, from 5.4m downhole depth
As part of the Phase III program, the company said drilling looked to expand the Main Zone through 25m, 50m, and 100m step-outs to the southeast in a gap zone that has seen little drilling focused on the main trend between hole JES-20-32 (94.6m at 1.6 g/t Au) and hole JES-21-50 (39.7m at 0.96 g/t Au). Drilling also covered the 4-T Trend testing below trench T-21-3, which returned 19.5m at 0.61 g/t Au.
The company noted that confirmation of host rock and structure through the Main Zone was completed with core drilling, targeting key areas where past RC drilling has intersected significant gold-silver mineralization. Drill hole JES-22-58 was successful in intersecting a significant zone of oxide gold with broad mineralization in a silicified brecciated andesite host (33.3m of 0.63 g/t Au, including 21.7m of 0.94 g/t Au).
It added that the intersection included a high-grade center of intensely silicified breccia vein grading 4.3 g/t Au and 7 g/t Ag over 4m. This breccia vein correlates with the high-grade mineralization seen in RC hole JES-20-36, which returned 1.5m at 33.4 g/t Au and 1,090 g/t Ag.
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