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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

Tocvan Ventures Corp > TOC Hits 12.2m of 1.1 g/t Au on First 3 Holes at Picacho
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Comment by StanOson Jan 12, 2023 11:40pm
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Post# 35220211

RE:TOC Hits 12.2m of 1.1 g/t Au on First 3 Holes at Picacho

RE:TOC Hits 12.2m of 1.1 g/t Au on First 3 Holes at Picacho
Stockdisruptor, the local competors who are mining a half gram are losing money. Look at the financials for 2022 of these losing opperations. The hope for Picaho is all of the ore is oxide and there is no stripping at this grade. For an open pit mine we need to see values greater than one gram and large tonnage to justify the capex of a heapleach operation. If the ore is in sulfides, grades have to be higher.

Yes, the current drilling is an excelent start. It looks like they are taking a logical approach to exploration.
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