Tocvan Ventures Corp C.TOC

Alternate Symbol(s): TCVNF

Tocvan Ventures Corp. is a Canada-based early-stage natural resource company. The Company is engaged in the acquisition, exploration, and, if warranted, development of mineral properties. The Company has two projects, the flagship Pilar Gold Project and the El Picacho Gold Project in the Sonora State of Mexico. The Company’s flagship project Pilar Gold is located approximately 130 kilometers (km) southeast of the capital of Sonora, Hermosillo. The project is fully road accessible and takes approximately two hours to drive to from Hermosillo to the town of Suaqui Grande on paved highway. From Suaqui Grande to the project site is approximately 30 mins on gravel road. The El Picacho Gold-Silver property is interpreted as an orogenic gold system within the regional Caborca Orogenic Gold Belt. The project is 140 km north of Hermosillo and totals 24 square kilometers (km2).

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Tocvan Ventures Corp > Colibri Resource Corp. (CBI) owns 49% of the Pilar property

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Comment by Beluga2020on Feb 09, 2021 8:54am

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Post# 32510850

RE:Colibri Resource Corp. (CBI) owns 49% of the Pilar property

Silverichman, I understood that Tocvan has the option to earn the remaining 49% by paying $2M and a 2% NSR to Colibri. Looks like Tocvan made an incredible deal. In the short term Colibri will benefit most from its share ownership in Tocvan

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