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 (OTCQB:TCVNF) has announced significant drill results from its Gran Pilar Gold-Silver Project in Sonora, Mexico. The company reported its broadest silver zone ever, with hole JES-25-120 intercepting 42.7 meters of 41 g/t silver from surface, including 10.7 meters of 136 g/t silver.
The drilling program, focused on the 100% controlled South Block expansion area, showed consistent mineralization across all scout drilling. All drill holes reported gold mineralization, with 21% exceeding 25 gram-meters. The hole JES-25-120 was stopped in mineralization at 42.7 meters due to intersection with an artisanal mine shaft, suggesting potential extension of mineralization at depth.
The company noted that recent market volatility due to Mexican Government comments on mining is not expected to impact operations or future development. All concessions remain in good standing and active, with no anticipated delays in current permitting initiatives.
Tocvan Ventures Corp. (TCVNF) reports ongoing RC drilling progress at their Gran Pilar Gold-Silver Project in Sonora, Mexico. The company has completed 712.2 meters across five drill holes in the expansion area, with samples from three holes currently at the lab for analysis.
The company announced warrant amendments affecting 6.6 million warrants, extending their expiry to June 2026 and reducing some exercise prices to CAD $0.90. Since March 20, 2025, 778,025 warrants were exercised, raising CAD $403,411.25.
Recent drilling highlights include intersections of 42.7m @ 1.0 g/t Au (including 3.1m @ 10.9 g/t Au) and 56.4m @ 1.0 g/t Au (including 3.1m @ 14.7 g/t Au). The company plans to develop a pilot facility at Pilar to process up to 50,000 tonnes of material, with previous metallurgical studies showing gold recovery rates of 95-99%.
Tocvan Ventures Corp. (TCVNF) has announced significant drilling results from its Gran Pilar Gold Silver Project in Sonora, Mexico. The core drilling program has successfully extended the Main Zone, with notable results from drill hole JES-25-112 showing 7.2 g/t Au and 80 g/t Ag over 2.6 meters within a broader mineralized zone averaging 0.5 g/t Au over 46.9 meters.
The successful step-out drilling, located 70 meters south of previous drilling, has extended the high-grade corridor beyond previously known boundaries. The mineralization is hosted in quartz veining stockwork, with high-grade zones associated with shear zones. A core duplicate sample through the high-grade zone returned 18 g/t Au over 1.1 meters, indicating the presence of coarse gold in the system.
The company is currently conducting RC drilling with three holes completed totaling over 452.9 meters. Near-term catalysts include pending drill results and updates on permitting initiatives for pilot production.
Tocvan Ventures Corp. (TCVNF) has resumed drilling at its Gran Pilar Gold-Silver Project in Sonora, Mexico. The company is focusing on the 100% controlled expansion area, where recent scout drilling yielded significant results, including 3.1 meters of 19.4 g/t Au within 106.6 meters of 0.6 g/t Au near the surface.
The current phase includes 1,500m of planned drilling with potential for expansion. The target area spans 675 meters over the Northern Zone, with drilling already progressing over 100 meters in the first drill hole. Results are pending for three core holes.
The company is also advancing its pilot facility plans at Pilar, aiming to process up to 50,000 tonnes of material. Previous metallurgical studies showed promising results with 95-99% gold recovery and 73-97% silver recovery through gravity recovery with agitated leach. A 2023 bulk sample demonstrated successful recovery rates with 62% gold recovery over a 46-day leaching period.
Tocvan Ventures Corp. (TCVNF) has announced significant core drilling results at its Gran Pilar Gold Silver Project in Sonora, Mexico. The company discovered the highest-grade gold interval ever found outside the Main Zone, located 300 meters east on the North Hill Trend.
Key findings include:
- Hole JES-25-108: 1.2 g/t Au and 14 g/t Ag over 64.9 meters from surface, including 21.6 g/t Au and 209 g/t Ag over 3.0 meters
- Hole JES-25-107: 0.2 g/t Au and 5 g/t Ag over 108.2 meters from surface
The high-grade mineralization was found in a highly fractured near-surface fault zone with quartz veining. The company plans future trenching to evaluate the extent of high-grade mineralization for potential pilot mine feed. Results are pending for three additional holes in the ten-hole drilling program totaling 1,167.5 meters.
Tocvan Ventures Corp. (TCVNF) has announced significant core drilling results from its Gran Pilar Gold Silver Project in Sonora, Mexico. The latest results from hole JES-25-105 showed 1.6 g/t Au over 36.3 meters from surface, including impressive high-grade sections of 15.2 g/t Au over 1.2 meters and 5.8 g/t Au over 3.0 meters.
The mineralization extends to 97.4 meters depth, averaging 0.7 g/t Au, marking a notable improvement from historic drilling. Ten core drillholes totaling 1,167.5 meters were completed, with results pending for six additional holes. The company plans to incorporate these findings into their maiden resource estimate for the Main Zone, where they hold a 51% ownership.
Additionally, Tocvan is preparing for a pilot facility at Pilar, aiming to process up to 50,000 tonnes of material. Their 2023 bulk sample demonstrated promising recovery rates: 62% gold recovery over 46 days, with head grades of 1.9 g/t Au and 7 g/t Ag.
Tocvan Ventures Corp. (TCVNF) has announced significant drilling results from its Gran Pilar Gold Silver Project in Sonora, Mexico. The company reported its highest gold grade result since the prospect's 1996 discovery, with core hole JES-25-104 yielding 10.3 g/t Au over 9.7m, including an impressive 60.6 g/t Au over 1.6 meters.
The high-grade mineralization was found within a broader zone averaging 1.3 g/t Au over 83.5 meters. Adjacent trench sampling averaged 1.9 g/t Au and 9 g/t Ag over 14m. A second core hole, JES-25-103, returned anomalous gold, silver, and copper values, averaging 0.1 g/t Au, 8 g/t Ag, and 0.54% Cu over 34.7 meters.
The company is planning a pilot facility at Pilar with aims to process up to 50,000 tonnes of material in early 2025. Previous metallurgical studies have shown promising 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 announced a significant new gold discovery from Reverse Circulation drilling at its Gran Pilar Gold Silver Project in Sonora, Mexico. The company completed four drill holes totaling 776.2 meters on their 100% controlled expansion area north of known mineralized trends.
Scout hole JES-24-101 discovered high-grade gold, returning 19.8 meters of 3.1 g/t Au from surface, including 3.1m of 19.4 g/t Au, within a broader 106.8-meter section averaging 0.6 g/t Au. This result is the best yet outside the Main Zone and is located 250m from last year's drillhole JES-24-79, which returned 42.7 meters of 1.0 g/t Au.
Another scout hole, JES-24-102, returned 16.8 meters of 0.4 g/t Au and 6 g/t Ag, representing the northernmost successful hit of mineralization on the property. The company plans immediate follow-up drilling to further evaluate the area's potential, with recent surface sampling indicating mineralization continues 700m north and 2,000m east.