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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 Jun 15, 2021 9:52am
115 Views
Post# 33387576

RE:New Drill Results

RE:New Drill ResultsGutterGuy, without knowing all the details of the drills (angle is most important), the results here are great in my opinion. We have to remember that Pilar is an excellent open pit mine target, thus a low grade open pit mine. Each step out that confirms continuity increases the resource and subsequent value of Pilar. I think a section of Hole 43 shows that at depth there is an amazing section, including two high grade sections starting at 118m (see below, 13m at 1.65 g/ au including 3m at 6.79 g/t au). I am not sure but does this mean this section runs under previously drilled areas (they have identified a big target under the previous drilling at Pilar).  Just need the price to churn here for a few more days and they can accelerate the warrants (which I suspect much of the selling is arranged into the promotion to allow money to be raised for execution of the warrants),  this is good, no dilution. Let's hope the higher the price goes the higher the next capital raise with less dilution.

  SUMMARY OF DRILL RESULTS Hole ID From To Width* Au Ag AuEq (m) (m) (m) (g/t) (g/t) (g/t) JES-21-40 1.52 59.48 57.96 0.19 1 0.20 JES-21-41 44.23 47.27 3.04 0.36 17 0.54 and 65.58 70.15 4.57 0.39 4 0.43 and 85.40 86.92 1.52 0.47 7 0.54 and 199.78 211.97 12.19 0.19 4 0.24 JES-21-42 12.20 13.72 1.52 0.46 5 0.51 JES-21-43 97.60 132.68 35.08 0.66 6 0.72 including 118.95 132.68 13.73 1.65 3 1.68 including 118.95 122.00 3.05 6.79 7 6.87 also 97.60 105.22 7.62 0.01 16 0.19

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