Welcome to our dedicated page for Tocvan Ventures news (Ticker: TCVNF), a resource for investors and traders seeking the latest updates and insights on Tocvan Ventures stock.
Tocvan Ventures Corp. (TCVNF) delivers focused gold-silver exploration updates from its flagship Pilar Project in Sonora, Mexico. This page aggregates official announcements, drilling results, and technical developments critical for evaluating the company's progress in defining mineral resources.
Investors and analysts will find:
• Timely drilling updates from reverse circulation and core programs
• Geological model refinements based on assay results
• Strategic partnership announcements impacting project development
• Quality-controlled data from certified laboratory analysis
All content undergoes strict verification to ensure alignment with regulatory standards and operational transparency. Bookmark this page for direct access to Tocvan's exploration milestones and resource definition progress in one of Mexico's most active mining regions.
Tocvan Ventures Corp. (TCVNF) has initiated core drilling at its Gran Pilar Gold-Silver Project in Sonora, Mexico. The company plans nine core drill holes in the Main Zone, pre-paid through a credit with joint venture partner Colibri Resources Corp, with whom they share a 51/49 percent interest in the 105-hectare area.
Four RC drillholes totaling 776.2 meters were completed before the holiday break, with assays pending. The company is focusing on two key developments for 2025: establishing a resource estimate and setting up a proof-of-concept test mine. The test mine aims to process up to 50,000 tonnes of material, with operations planned to begin in early 2025.
Previous drilling highlights include intersections of 42.7m @ 1.0 g/t Au and 116.9m @ 1.2 g/t Au. Recent metallurgical studies showed impressive recovery rates of 95-99% for gold and 73-97% for silver using gravity recovery with agitated leach.
Tocvan Ventures Corp (CSE:TOC, OTCQB:TCVNF) has closed the first tranche of its non-brokered private placement, raising $2.1 million in gross proceeds. The offering included a significant $1.8 million investment from UK-based Sorbie Bornholm LP. The placement consisted of 4,386,083 Units at $0.48 per Unit, with each unit comprising one common share and one warrant exercisable at $0.75 for 36 months.
The company has commenced RC drilling at its Gran Pilar Gold-Silver Project in Sonora, Mexico. The funds will support drilling efforts, permitting of new drill targets across the expansion area, and preparation for a planned pilot mine in 2025. The proceeds from Sorbie will be released in monthly tranches of $75,000 over 24 months through an escrow arrangement.
Tocvan Ventures announces a $3.0 million non-brokered private placement, including a $1.8 million institutional investment. The offering consists of 6,250,000 units at $0.48 per unit, with each unit including one common share and one warrant exercisable at $0.75 for 36 months. The company plans to mobilize drill rigs at the Gran Pilar Gold Silver Project, with up to 1,250 meters of core drilling before year-end and 2,000 meters of RC drilling planned. The proceeds will support drilling operations, test mine preparations, and permitting of drilling expansion areas. A test mine for Pilar is scheduled for Q2 2025, with estimated costs of US$1.7 million and expected recovery of 800-1,400 gold ounces.
Tocvan Ventures Corp. (CSE:TOC)(OTCQB:TCVNF) has announced significant exploration results from its Gran Pilar gold-silver project in Sonora, Mexico. Soil sampling across the southern portion revealed exceptional high-grade results, including 21.2 g/t Au and >2,000 g/t Ag northeast of the Main Zone. The company collected 541 soil samples and 184 rock chip samples, with 62 samples showing values over 0.1 g/t Au. The sampling grid covered a two-square kilometer area, identifying several kilometers of prospective trends that remain open for expansion. The results indicate a larger mineralized system with multiple high-grade zones, suggesting significant potential for further discoveries.
Tocvan Ventures Corp. (CSE:TOC)(OTCQB:TCVNF)(FSE:TV3) has provided an update on its Gran Pilar gold-silver project in Sonora, Mexico. The company has collected over 476 surface samples across a 2.3 km2 area, expanding its exploration footprint. Multiple artisanal underground workings have been discovered, indicating a broader mineralized system. Modelling shows increased expansion potential, advancing targets for future drilling.
Tocvan is preparing for the next phase of drilling, planning 1,200 to 2,000 meters of core drilling and 1,700 to 2,500 meters of RC drilling before year-end. The company aims to complete a maiden resource estimate for the Main Zone and adjacent trends. Additionally, Tocvan is planning a pilot plant facility to evaluate 50,000 tonnes of material on-site, with permitting expected to be complete in Q4 2024 and potential start in Q1 2025.
Tocvan Ventures Corp. (CSE:TOC, OTCQB:TCVNF) provides an update on its gold-silver projects in Sonora, Mexico. The company is advancing its Gran Pilar project, which includes the Pilar Main Zone and adjacent 22 km2 area. Key highlights include:
1. Ongoing surface exploration with over 200 soil samples collected.
2. A major producer completed a district-scale review of Gran Pilar's potential.
3. Upcoming core drill program scheduled for September.
4. Plans for a pilot plant facility to process up to 50,000 tonnes of material by early 2025.
5. Preparation for resource drilling with core and RC methods.
6. Invitation to present at Mexico's biggest annual mining conference in October.
The company aims to define a maiden resource at Pilar Main Zone and explore large-scale targets beyond, capitalizing on high gold prices and positive initial surface results.
Tocvan Ventures Corp. (CSE:TOC)(OTCQB:TCVNF)(FSE:TV3) has announced positive drill results from its 2024 Reverse Circulation (RC) drill program at the Pilar Gold-Silver project in Sonora, Mexico. Key highlights include:
- JES-24-96: 126.6 meters of 0.1 g/t Au and 2 g/t Ag from surface, including 7.6 meters of 0.5 g/t Au and 22 g/t Ag
- JES-24-97: 15.3 meters of 0.1 g/t Au and 2 g/t Ag from 16.8 meters depth
- JES-24-98: 22.9 meters of 0.2 g/t Au and 1 g/t Ag from 24.4 meters depth
The drilling has expanded the mineralized strike length over 900 meters, with all three holes intersecting mineralization. The company plans to resume core and RC drilling by late summer, with over 3,700 meters planned for resource definition drilling this year.
Tocvan Ventures Corp. (CSE:TOC)(OTCQB:TCVNF)(FSE:TV3) has announced positive drill results from its 2024 Reverse Circulation (RC) drill program at the Pilar Gold-Silver project in Sonora, Mexico. The program has completed 3,268 meters across 26 drill holes, with results pending for three holes.
Key highlights include:
- North Hill Trend: 76.3 meters of 0.2 g/t Au, 1 g/t Ag and 0.4% Zn from 1.5 meters depth
- Main Zone Eastern Infill: 24.4 meters of 0.2 g/t Au and 5 g/t Ag from 47.3 meters depth
- All five holes released intersected mineralization
CEO Brodie Sutherland noted that the results show the broad scale of mineralization at Pilar and indicate that mineralization connects across corridors. The company has only drilled 2% of the total property area, suggesting significant exploration potential.
Tocvan Ventures Corp. has announced promising results from its 2024 Reverse Circulation (RC) drill program at the Pilar Gold-Silver project in Sonora, Mexico.
Key results include a 130-meter extension of mineralization to the northwest, highlighted by drill hole JES-24-88, which intersected 24.4 meters of 0.2 g/t Au and 4 g/t Ag, including 1.5 meters of 1.1 g/t Au and 25 g/t Ag.
Another significant finding came from JES-24-89, located 230-meters northwest of the Main Zone, which revealed six zones of anomalous mineralization.
The North Hill Trend now covers over 500 meters, indicating substantial expansion potential.
Overall, the 2024 drill program has completed 3,268 meters across 26 holes, with results for eight holes still pending. Surface mapping and sampling are ongoing to identify new drill targets.
Tocvan Ventures Corp. has provided an update on its 2024 drill program at the Pilar Gold-Silver project in Sonora, Mexico. The company has completed 3,268 meters of drilling across 26 drill holes, with results pending for 11 drill holes. The drilling has been paused to review results and assess weather conditions. A core drilling rig is being considered for later this year to build a robust geological model. The summer field operations will focus on detailed surface evaluation, mapping, rock sampling, and grid soil sampling. The company aims to define drill targets, identify areas for mine infrastructure, and evaluate new prospective areas highlighted by recent placer mining activity.
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