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