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Tocvan Ventures Announces Exploration Plans for El Picacho Au-Ag Project Sonora, Mexico
Calgary, Alberta - TheNewswire - November 15, 2021 - Tocvan Ventures Corp. (the “Company”) (CNSX:TOC.CN) (OTC:TCVNF) (FSE/WKN:TV3/A2PE64), is pleased to announc
About this update from Tocvan Ventures Corp.
[{"type":"text","content":"Calgary, Alberta - TheNewswire - November 15, 2021 - Tocvan Ventures Corp. (the “Company”) (CNSX:TOC.CN) (OTC:TCVNF) (FSE/WKN:TV3/A2PE64), is pleased to announce the exploration plans for its El Picacho Au-Ag Project in Sonora, Mexico. El Picacho was a recent acquisition with the company negotiating the assignment of the option agreement from Millrock Resources. Five primary target areas (San Ramon, Cornea, Jabali, Puerto and Tortuga) have been identified to date combining for over 6 kilometers of prospective trend. The project is fully permitted for 1,995 meters of trenching, 60 drill holes (up to 15,000m) and 2.2 kilometers of access roads. The permit is a critical piece to the advancement of El Picacho and will allow Tocvan to scale-up exploration as needed. The company remains focused on its advanced stage Pilar Gold-Silver Project, however the high perspectivity of El Picacho warrants further investigation. 2021/2022 Exploration Plans Target Evaluation Surface Sampling and Detailed Target Mapping Trenching and Channel Sampling of Priority Targets: San Ramon (Permitted up to 800m) Cornea (Permitted up to 800m) Jabali (Permitted up to 400m) - Drill Targeting (Permitted for up to 15,000m in 60 drillholes across the 5 primary target areas) “As we look to continue the advancement of our Pilar Project we are equally excited to begin exploration at El Picacho.” commented VP Exploration, Brodie Sutherland. “El Picacho is an important acquisition for Tocvan as we look to expand our portfolio of quality gold-silver assets in Sonora. The Caborca Orogenic Belt is host to major gold and silver producing mines and we believe the geology and structural features at El Picacho are favourable to the orogenic gold model. To date, five primary target areas have been defined showing excellent potential from surface rock and channel sampling. Each target area has several historic mine workings along key structures further confirming the potential for a broad mineralized system. The majority of these targets have never been drill tested, and we look forward to advancing these targets to drill ready status over the next year. ” Figure 1. Plan Map of El Picacho Target Areas. All 5 targets are permitted for Drilling up to 15,000m. San Ramon, Cornea and Jabali are permitted for up to 2,000m of trenching. Photo 1: El Picacho Project Area with Sa...