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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).


CSE:TOC - Post by User

Comment by lifegoesonon Apr 16, 2021 9:43am
65 Views
Post# 33010073

RE:RE:RE:News out - Phase 2 drilling commencing at Pillar

RE:RE:RE:News out - Phase 2 drilling commencing at Pillar Beluga, you are right, Pilar is in Mexico not Nevada, it must have been the drugs and margaritta combination. I am alright now. But on a positive note, the management of TOC started this play back in June by financing at  higher prices due to a number of factors, first the property is excellent, and combined with an excellent share structure, this attracted buyers for the PP. The rest is history now,  they systematically did a survey, drill with great results, cut options, then financed at higher prices, and all the warrants were exercised. And still at $0.60, the share structure is excellent (< 30 M shares outstanding). Now they have cash and have started drilling with Phase II and III stepping up to the plate. PATIENCE... it has taken a year to get to this point, I am sure more time is required to reap the true benefits of Pilar. Good Luck.
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