Tocvan Ventures Corp. reports exploration and development activity for gold-silver projects in Sonora, Mexico, led by the flagship Gran Pilar Gold-Silver Project. Company updates commonly cover reverse-circulation and core drilling, surface sampling, trenching, geophysical surveys, target generation, and pilot-scale development work across areas such as the Main Zone, South Block, El Mezquite, and other mineralized trends.
Recurring news also includes assay and metallurgical results, community access agreements, use of exploration technologies such as drone magnetic surveys and AI prospectivity mapping, advisor appointments, and financing transactions used to advance the company's Mexican gold projects and working capital.
Tocvan Ventures (TCVNF) reported final Gran Pilar column-leach results, with gold extraction reaching 82.25% after 77 days of leaching. That result came from a non-agglomerated column crushed to P80 3/8 inch. Across four columns, gold extraction was 81.63–82.25% at P80 3/8 inch versus 75.36–76.41% at P80 3/4 inch; silver extraction was 54.84–57.99% versus 49.12–52.44%, respectively.
The independent program tested a bulk composite at both crush sizes, with and without cement agglomeration. Non-agglomerated columns consumed 1.08–1.29 kg/t of sodium cyanide, compared with 1.55–1.74 kg/t for agglomerated columns. All four columns ponded at the target irrigation rate of 12 L/h/m²; actual average rates were reduced to 5.4–7.8 L/h/m². A 2023 bulk-sample heap test extracted 62% gold over 46 days on coarser material. Tocvan targets first production from its 50,000-tonne pilot in Q4 2026.
Tocvan Ventures (TCVNF) reported new drill results from the El Mezquite trend at its 100%-owned Gran Pilar Gold-Silver Project in Sonora, Mexico.
Reverse-circulation hole JES-26-175, collared about 130 m north of discovery hole JES-26-155, returned 271.45 m grading 0.26 g/t Au and 2.41 g/t Ag from 1.53 m, including 106.75 m grading 0.50 g/t Au and 3.46 g/t Ag from 48.80 m and a higher-grade zone of 27.45 m at 0.68 g/t Au and 4.56 g/t Ag. Additional internal zones include 16.78 m at 0.97 g/t Au and 3.50 g/t Ag and 3.05 m at 1.11 g/t Au and 23.43 g/t Ag. Three holes (JES-26-155, JES-26-172, JES-26-175) have now intersected broad mineralization in the centre of El Mezquite, which is traced over ~1,400 m, remains open, and lies 1.6–1.9 km east of Tocvan’s permitted 50,000-tonne heap-leach pilot facility, where first gold-silver doré is targeted in Q4 2026.
Tocvan Ventures (TCVNF) reported new drill results from the El Mezquite trend at its 100%-owned Gran Pilar Gold-Silver Project in Sonora, Mexico. Core hole JES-26-172 returned 81.10 m of 0.48 g/t gold and 3.29 g/t silver from 13.50 m, including 47.65 m of 0.80 g/t gold and 5.02 g/t silver from 32.35 m, with a high-grade core of 2.75 m grading 8.44 g/t gold and 53.95 g/t silver from 36.40 m.
Step-out hole JES-26-169 cut 2.80 m of 0.45 g/t gold and 5.11 g/t silver from 26.45 m and extends mineralization about 100 m north. Together with earlier holes JES-26-155 and JES-26-135, the El Mezquite corridor is now traced over roughly 1,400 m, located 1.6–1.9 km east of the Main Zone and the permitted 50,000-tonne heap-leach pilot facility, where first gold-silver doré is targeted in Q4 2026. The 2026 program totals 11,865 m drilled so far, with 3,883 m of assays pending, and reported intervals represent drilled widths, with true widths estimated at 60–80%.
Tocvan Ventures (TCVNF) reported new drill results confirming gold-silver mineralization along the entire 1,300-metre El Mezquite trend at its 100%-owned Gran Pilar project in Sonora, Mexico.
Key hole JES-26-162 returned 247.05 m of 0.10 g/t Au and 2.61 g/t Ag from surface, with multiple higher-grade sub-intervals up to 1.50 g/t Au and 26.10 g/t Ag over 1.52 m. This follows discovery hole JES-26-155 (215.0 m of 0.6 g/t Au and 3 g/t Ag from 36.6 m, including up to 16.0 g/t Au and 56.9 g/t Ag over 1.5 m) and initial hole JES-26-135 (22.9 m of 0.6 g/t Au from surface), supporting a continuous mineralized corridor 1.6–1.9 km east of the Main Zone and planned 50,000-tonne heap-leach pilot facility.
To date, 11,276 m have been drilled in 2026, with results for 4,511 m pending. Tocvan targets first gold-silver doré from the pilot facility in Q4 2026 and reports robust metallurgical recoveries of up to 99% gold and 97% silver.
Tocvan Ventures (OTCQB:TCVNF) granted 2,750,000 stock options to directors, officers and consultants under its equity incentive plan, exercisable at $0.79 per share for five years. Of these, 2,400,000 options to directors and officers vest 50% on grant and 50% after one year, while 350,000 consultant options vest immediately.
The company also granted 900,000 restricted share units (RSUs) vesting 12 months from grant. All awards remain subject to Canadian Securities Exchange approval. Tocvan highlights 100% ownership of its Gran Pilar and Picacho gold-silver projects in Sonora, Mexico, recent drill intercepts of 3.1 m at 19.4 g/t Au, metallurgical recoveries up to 99% gold and 97% silver, and approximately 78.7 million shares outstanding.
Tocvan Ventures (OTCQB:TCVNF) reported new surface exploration results from its 100%-owned Gran Pilar gold-silver project in Sonora, Mexico. Rock sampling expanded the Bojorquez Target and defined a new Central Corridor zone about 4 km north of the Main Zone, outlining a >1,000 m mineralized trend.
Highlight rock samples returned up to 2.4 g/t Au, 67 g/t Ag and 1.6% Cu near historic workings in tourmaline breccia, with elevated pathfinder elements consistent with an epithermal system. Tocvan also updated construction of its fully permitted 50,000-tonne pilot facility, noting the heap leach pad is prepared for liner installation and the Hermosillo processing plant is nearing completion, keeping the company on track for first production targeted in Q4 2026. Tocvan holds 100% of over 21 km² at Gran Pilar and reports approximately 78.7 million shares outstanding.
Tocvan Ventures (OTCQB:TCVNF) has closed a purchase agreement with Colibri Resources to acquire the remaining 49% interest in the two original Pilar mining concessions in Sonora, Mexico, giving Tocvan 100% ownership of its flagship Gran Pilar Gold-Silver Project. The original concessions cover approximately 105 hectares and host the Main Zone, the most advanced area of the project with extensive historic and recent drilling.
According to Tocvan, consolidating ownership provides full control over one of the more advanced and strategically located gold-silver projects in Sonora. The company now holds a 100% interest in over 21 km² at Gran Pilar, supported by a 2023 land acquisition designed to accommodate scalable mine infrastructure, including a planned 50,000-tonne pilot production facility.
Tocvan highlights recent near-surface drilling of 3.1 m at 19.4 g/t gold and metallurgical recoveries of up to 99% gold and 97% silver. The company also owns the 100%-held Picacho Gold-Silver Project on the Caborca Trend and reports approximately 78.7 million shares outstanding.
Tocvan Ventures (OTCQB:TCVNF) reported a new near-surface gold-silver discovery at its 100%-owned Gran Pilar project in Sonora, Mexico. Key hole JES-26-155 returned b215 m of 0.56 g/t Au and 3.44 g/t Ag
The intercept includes an upper 86.9 m at 0.64 g/t Au and a lower 70.2 m at 0.86 g/t Au, with high-grade sub-intervals up to 16.0 g/t Au and 56.9 g/t Ag over 1.5 m. Reported widths are drilled lengths; true widths are estimated at 60–80%. The results come from five RC holes totaling 1,244.5 m, within a 2026 program of 10,098 m drilled to date, with assays for 5,521 m still pending. Tocvan highlights Gran Pilar as its flagship gold-silver asset, supported by prior high-grade intercepts and metallurgical recoveries reportedly up to 99% for gold and 97% for silver.
Tocvan Ventures (OTCQB:TCVNF) announced a strategic executive restructuring to support its transition from exploration to development and near-term production at the Gran Pilar Gold-Silver Project in Sonora, Mexico. Effective immediately, Brodie Sutherland moves from President and CEO to Executive Chair, Christopher Gordon becomes Chief Executive Officer, and Board Director Rodrigo Calles-Montijo is appointed President.
According to Tocvan, over 9,800 meters have been drilled at Gran Pilar in 2026, with results pending for more than 6,400 meters, while construction of a fully permitted pilot facility advances toward planned Q4 2026 start-up. The leadership changes build on recent additions of Independent Director Anna Ladd-Kruger and Special Advisor Darin Wagner, aiming to align technical, operational, and capital markets capabilities as Tocvan advances its 100%-owned Gran Pilar and Picacho gold-silver projects.
Tocvan Ventures (OTCQB:TCVNF) reported discovery of a new at-surface silver-gold zone at its 100%-owned Gran Pilar Project in Sonora, Mexico, located about 900 m east of the permitted 50,000-tonne Pilot Facility and roughly 1,000 m northeast of the Main Zone.
The zone was intersected in four drill holes, three with significant near-surface mineralization. Highlight intercept JES-26-152 returned 1.5 m grading 2.16 g/t Au and 581 g/t Ag within 9.2 m of 0.43 g/t Au and 109.68 g/t Ag from 27.5 m, plus broader 35.1 m of 0.16 g/t Au and 41.15 g/t Ag from surface. Additional holes yielded 4.6 m from surface grading up to 0.52 g/t Au and 98.12 g/t Ag, and 38.1 m of 0.13 g/t Au and 16.72 g/t Ag from surface. According to Tocvan, the discovery lies beside road access, aligns with a strong soil anomaly, intersects historic underground workings that confirm a vein system, and supports integration into planned Pilot Facility operations targeting first gold-silver doré in Q4 2026.