Tocvan Ventures Corp C.TOC

TOC Hits 12.2m of 1.1 g/t Au on First 3 Holes at Picacho

[stockdisruptor]

Tocvan managed to hit a mineable intercept from near-surface on its first drill program at El Picacho. With 7 drill holes still pending, it is important to note they just narrowly missed on the other 2 of the first 3 drill holes, one hitting and old underground working that they did not know the extent of. As the drill entered and exited the void, there were elevated levels of the pathfinder elements known to coincide with gold. 

Mineable grades in this region range as low as 0.48 g/t Au, making this an excellent start for Tocvan's team.

With 7 more holes due imminently, this is worth a serious look!

[nene0197]

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[StanOs]

Stockdisruptor, the local competors who are mining a half gram are losing money. Look at the financials for 2022 of these losing opperations. The hope for Picaho is all of the ore is oxide and there is no stripping at this grade. For an open pit mine we need to see values greater than one gram and large tonnage to justify the capex of a heapleach operation. If the ore is in sulfides, grades have

[lifegoeson]

Stockdisruptor, thank-you for your observations, you seem to know a lot about heap leach mines in the area of Sonora and Mexico, the players, and their value propositions. Can you please point me to who the local companies are and their financials so I can take a look at thie Capex to build a heapleach operation, the grade requirements for an economical mine, and the types of ore they are mining.

[lifegoeson]

Sorry, my questions should have been directed to StanOs, he replied to Stockdisruptor. So, StanOs can you please provide the information for my data collection purposes.