Bullboard - Stock Discussion Forum 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... see more

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Tocvan Ventures Corp > Tocvan to buyout Colibri to own 100% of Pilar.

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Post by lifegoeson on Sep 19, 2023 12:10pm

Tocvan to buyout Colibri to own 100% of Pilar.

The acquisition of Colibri's 40% ownership will give Tocvan 100% ownership. The money spent on Pilar to finally acquire full ownership is a testament to the overall value of Pilar. Add to this acquiring 21 sq km will make Pilar a gem in the making providing room for a full scale mining operation, as well as expansion of the resource for future production.

Highlights

Majority (51%) Ownership Milestone at Pilar; Right to Purchase Remaining 49%
Pilar Expansion Acquisition Expected to Finalize in Coming Weeks
- Adds Over 21 square-kilometers to Land Package in Highly Prospective Area
Outlines Operational Plans for Q4/ 2023
Including Drill Targeting in Expansion Area