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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 development of mineral properties. The Company operates two projects, the flagship Gran Pilar Gold Project and the El Picacho Gold Project in the Sonora State of Mexico. The Gran Pilar Gold Project is located approximately 130 kilometers (km) southeast of the capital of Sonora, Hermosillo. The property consists of two concessions, the Guadalupana concession and La Sonora concession, totaling approximately 2,278 hectares (ha). 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). The property consists of 12 mining concessions totaling 2,395 ha.


CSE:TOC - Post by User

Comment by lifegoesonon Feb 19, 2021 1:07pm
83 Views
Post# 32610882

RE:TOCVAN INITIATES NEXT PHASE OF EXPLORATION AT PILAR

RE:TOCVAN INITIATES NEXT PHASE OF EXPLORATION AT PILARI should say further, TOC is trading at $0.70 on 320,000 shares and made a new all-time high of $0.72 earlier this morning.  They are in the field, it's Friday and they must be getting close to announcing the Private Placement closing (I hope). Very tight float with PP being raised at $0.63, this generally implies they have something good otherwise we would never see a financing up at these high levels... In today's press release, I sure like these results...not to mention 17,700 m has been drilled into this property.

Key target areas:

  • Main zone extension:
    • 800-metre southeast extension of the Main zone:
      • Historic drill hole JES-18-03: 13.5 m at 5.6 grams per tonne gold and 22 g/t silver;
      • 800 metres of anomalous soils with values ranging from 106 parts per billion to 911 ppb Au;
      • Rock grab samples including 9.3 g/t Au and 76 g/t Ag;
  • 4-Trench:
    • 600-metre trend that includes the 4-Trench zone highlighted by:
      • Historic drill hole K-16: 7.5 m at 3.3 g/t Au and 31 g/t Ag;
      • 600 metres of anomalous soils with values ranging from 118 ppb to 2,030 ppb Au;
      • Rock grab samples including 24 g/t Au and 116 g/t Ag;
      • Network of historic artisanal workings.
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