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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 May 08, 2021 11:57am
132 Views
Post# 33159823

RE:Video Update on Drilling Pilar!

RE:Video Update on Drilling Pilar!Goldcart, thanks for the video.... my take aways are the following, the metallurgy test was excellent and paves the way for more possibilities. They have completed 11 holes for 1,700 m in total of a 4,000 m drill program. Three holes have been sent to the lab (he said the labs are starting to increase capacity and hopefully result will start to come back soon). The share price of TOC seems to reflect reasonably what they have done over the last year, bascially sitting at the all-time high, closing Friday at $0.91. Interesting to see if the 50,000 ton test comes to reality and how much money it generates. I guess it all depends on where and how they get the 50,000 ton sample, but looking at their historic data, there is certainy near term potential. Even at 1 g/t, which I think is very conservative, this would lead to 1,785 oz, at $1,800 per oz US, this would be $3.2 M at $1,800 per oz. Anything over 1 g/t would dramatically increase the dollar value.
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