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Tocvan Ventures: Compilation of Historic Surface Data at the Jabali Prospect, at El Picacho Project Reports Average 3.1 g/t Au, Values up to 32 g/t Au
Jabali Prospect (El Picacho Project) Highlights Over 500-meter Trend across two areas of significant high-grade gold mineralization 17 of 80 (21%) rock samples
About this update from Tocvan Ventures Corp.
[{"type":"text","content":"Jabali Prospect (El Picacho Project) Highlights Over 500-meter Trend across two areas of significant high-grade gold mineralization 17 of 80 (21%) rock samples above 5 g/t Au, ranging from 5.7 g/t Au to 32 g/t Au, averaging 12.8 g/t Au 39 of 80 (49%) rock samples above 0.2 g/t Au, averaging 6.4 g/t Au Hosted in quartz-carbonate veining of unknown thickness exposed along artisanal workings, dipping shallowly to the west-northwest. Mapping and sampling currently being completed Never Drill Tested, Currently Permitted for 10 Drill Pads Calgary, Alberta – TheNewswire - November 10, 2022 - Tocvan Ventures Corp. (the “Company”) (CSE:TOC); (OTC:TCVNF); (FSE:TV3), is pleased to announce geological mapping and sampling at El Picacho continues at the Jabali Prospect, an area with high-grade surface rock chips and grab samples from exposed quartz-carbonate veins and artisanal workings. 80 samples from historic sample database compilation show a range between 0.01 to 32.0 g/t gold, averaging 3.1 g/t gold over a 500-meter trend. Detailed geological mapping and rock chip and channel sampling is being conducted to advance the Prospect to drill ready status. Figure 1. El Picacho Project, Jabali Prospect to San Ramon 3D Surface Summary. \"With this being the first drill season at El Picacho for Tocvan we are excited to update our shareholders on yet another prospective drill target, Jabali,” stated Brodie Sutherland, CEO. “Jabali is over 2-kilometers from our priority drill area, San Ramon and is characterized by a series of artisanal shafts and trenches along what appears to be a shallowly dipping quartz-carbonate vein system. Jabali is already permitted for drilling and surface work is currently underway to move the prospect to drill ready status. What is even more exciting is that these prospects only make up a fraction of our target areas which include Murcielago, Tortuga, Virgen Maria, Cornea and Puerto.\" Marketing Update The Company is pleased to report a successful trip to the International Precious Metals & Commodities Show November 4th and 5th in Munich, Germany. Tocvan presented to retail investors and small institutional funds on the Company’s Sonora projects and took part in a silver panel that included First Majestic, Silver One, Fortuna Silver, and Silver X. An interview from the conference can b...