New Rockstone Research Report Dec 15/21 https://www.rockstone-research.com/index.php/de/news/5944-Mit-Tocvans-groesstem-Explorationsprogramm-koennen-auch-diesmal-wieder-bis-zu-400-Kurssteigerung-bis-Juli-2022-erwartet-werden
With Tocvan's largest exploration program, a price increase of up to 400% can be expected again this time by July 2022
Tocvan Ventures = Great Bear 2.0?
Fullscreen / Between January and July 2021, the Tocvan share showed a strong performance of + 375% thanks to excellent drilling results.
According to Brodie Sutherland (Tocvan's chief geologist), results from both the trial mining (trenching) and the first drill holes will be published as early as January 2022. This will lead to increased demand for Tocvan shares and, as a result, sharply rising prices are very likely. Tocvan has always shown a very strong performance in the previous exploration phases and since the strong flow of news will continue from January to July, one can also expect exorbitant growth in this third and largest exploration phase. For these reasons, Tocvan is an excellent buy at the currently still low prices and for a seven-month period.
What will and can become of a company that has great potential and the management board acts in the interests of the shareholders can be seen more than clearly in Great Bear Resources Ltd. According to Brodie Sutherland, Tocvan also has the great potential for such an extraordinary success with Pilar and Picacho. The first three months of the new year will give us shareholders a very good impression of the extent to which this can really be implemented. It's ready - grab it!
The drone video published in the news shows the start of drilling and the perfect topography for an open pit mine:
Source: https://youtu.be/Ywpuh45jhDU
Today Tocvan Ventures Corp. announced (CSE: TOC; WKN: A2PE64) the start of the phase 3 drilling program with the following words:
"Building on the successful Phase 1 and Phase 2 drilling programs (see illustration), wells with a total length of 5,000 to 8,000 m are planned until July 2022."
That is almost twice as much as was drilled in phase 2!
Tocvan's chief geologist Brodie Sutherland commented in today's news:
"We are very excited to be drilling again at Pilar. 2021 has been a very successful year for us and we look forward to building on that success by further evaluating the potential size of the mineralized system at Pilar. As trenching has already been completed and drilling is now underway, we expect 2022 to be a very active year at Pilar, drilling will pause temporarily over the holidays and will resume in the new year. We expect results from trenching by mid-January, followed by our first drilling results shortly afterwards. "
That means the first laboratory results will come in 4 weeks!
The newsflow will increase sharply from mid-January 2022, over several weeks in which a flood of laboratory results is expected: From a total of 7 trenches and numerous holes.
This time, phase 3 is even bigger and more important!
• In phase 3 practically twice as many holes are drilled as in phase 2 or phase 1. That means twice as many drill results and chances of landing more direct hits (i.e. enlarging the known deposit or making new discoveries).
• For the first time, shareholders can also look forward to laboratory results from the trenching program. The best results from the total of 7 trenches (some of which have already been completed; see here) will show where "bulk samples" should then be taken.
• Ore mined on the earth's surface from the 7 trenches is also used for metallurgy tests in order to determine the gold-silver recovery rates, so that the corresponding news can also cause the share price to rise here.
Full screen / The map released today shows the planned drill locations with black circles.
According to today's news:
"Drilling will focus on additional step-out holes along the main zone trend and the new 4-trench trend. Exploration drilling will continue to evaluate target areas along the triple vein zone. Exploration work on the Surface areas are currently underway in major target areas and channel samples from the recent trenching program have been submitted for analysis. "
Phase 3 drilling plan
• First phase with 3,500 m of drilling planned for Q1 / 2022, followed by up to 4,500 m of drilling
• The holes include:
Step-outs from the Main Zone Expansion Targets:
JES-21-43: 35.1 meters @ 0.66 g / t gold
JES-21-47: 47.7m @ 0.75 g / t gold incl. 3 m @ 5.6 g / t gold and 22 g / t silver
JES-21-50: 39.7m @ 0.96 g / t gold incl. 1.5 m @ 14.6 g / t gold
Step-out and exploration wells along the 4-trench trend:
JES-21-53: 15.3 m @ 1.1 g / t gold - New 4 Trench Trend
Exploration drilling along the Triple Vein Zone:
4 historical open-cast and underground mines over a trend length of 200 m and rock samples with up to 4.5 g / t gold and 735 g / t silver
About Pilar
The Pilar gold-silver property is considered a structurally controlled epithermal gold-silver project with low sulphidation occurring in andesite rocks. In the northwest portion of the property, historical surface work and drilling has identified 3 zones of mineralization known as the Main Zone, North Hill and 4-Trench. Structural features and zones of mineralization within the structures follow a general NW-SE trend of mineralization. To date, over 22,700 m of holes have been drilled. Significant results are highlighted below:
2021 highlights phase 2 drilling:
• 39.7 m @ 0.96 g / t gold, including 1.5 m @ 14 g / t gold
• 47.7 m @ 0.75 g / t gold, including 3 m @ 5.6 g / t gold and 22 g / t silver
• 29 m @ 0.71 g / t gold
• 35.1 meters @ 0.66 g / t gold
2020 highlights phase 1 drilling:
• 94.6 m @ 1.6 g / t gold, including 9.2 m @ 10.8 g / t gold and 38 g / t silver
• 41.2 m @ 1.1 g / t gold, including 3.1 m @ 6 g / t gold and 12 g / t silver
• 24.4 m @ 2.5 g / t gold and 73 g / t silver, including 1.5 m @ 33.4 g / t gold and 1,090 g / t silver
Historical highlights of wells with a total length of 17,700 m:
• 61 m @ 0.8 g / t gold
• 16.5 m @ 53.5 g / t gold and 53 g / t silver
• 13 m @ 9.6 g / t silver
• 9 m @ 10.2 g / t gold and 46 g / t silver
Soil and rock sampling results from undrilled portions of the property indicate that the mineralization extends southeast from the Main Zone and the 4-Trench Zone. Recent surface exploration has defined 3 new target areas: Triple Vein Zone, SE Vein Zone and 4 Trench Extension.
Pilar: In the midst of large gold mining projects in southern Sonora
Full Screen / The Pilar Project is located just 50-80 km from 2 major gold-silver projects: Argonaut Gold Inc.'s La Colorada gold mine (market value: $ 734 million CAD) and Minera Alamos Inc's Santana gold mine (Market value: $ 231 million CAD).
Tocvan's Phase 1 drill program (December 2020) has sometimes outperformed the majority of drill results from Argonaut Gold Inc. and Minera Alamos Inc.
Full Screen / The Pilar Project is located near gold mines (red) as well as gold development (orange) and exploration (green) projects. Source: Mexico Mining Center
Company details
Tocvan Ventures Corp.
Suite 1150 Iveagh House
707 - 7th Avenue S.W.
Calgary, Alberta, Canada T2P 3H6
Phone: +1 403 668 7855
Email: dwood@tocvan.ca (Derek Wood)
www.tocvan.com
ISIN: CA88900N1050
Shares in the market: 31,578,701
Full screen / source
Canada Symbol (CSE): TOC
Current Price: $ 0.96 CAD (12/14/2021)
Market Capitalization: $ 31M CAD
Full screen / source
Germany Symbol / WKN (Tradegate): TV3 / A2PE64
Current Price: € 0.67 EUR (12/14/2021)
Market capitalization: € 22 million
Report overview