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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 22, 2021 9:40am
86 Views
Post# 33426422

RE:Derek Wood provides an update on the exploration at Pilar

RE:Derek Wood provides an update on the exploration at PilarGutterGuy, interesting interview with Derek, he continues to paint a great picture. This is the first time there has been a mention about financing up at these levels versus keeping share structure low and funding it through other means, such as warrant exercise and getting open pit production going. He did mention a $20M offer from a group but he doesn't think the value at this time is worth the dilution. Interestng days ahead for sure. He said results expected soon and their new acquisition is a good one that aligns well with Pilar in terms of saving money for exploration and leveraging their connection in Sonaro and surrounding area.
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