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Tocvan Ventures Completes Next Stage of Drilling at Pilar; Reports Over 85% Recovery of Gold from Initial Metallurgical Testing
Calgary, Alberta – TheNewswire - July 21, 2022 Tocvan Ventures Corp. (the “Company”) (CSE:TOC); (OTC:TCVNF); (FSE:TV3), is pleased to announce the successful co
About this update from Tocvan Ventures Corp.
[{"type":"text","content":"Calgary, Alberta – TheNewswire - July 21, 2022 Tocvan Ventures Corp. (the “Company”) (CSE:TOC); (OTC:TCVNF); (FSE:TV3), is pleased to announce the successful completion of the latest stage of drilling at its Pilar Au-Ag Project in Sonora, Mexico. Seven drill holes were completed, totalling 1,382-meters. Drilling focused on step-out targets along the 4-T and a newly discovered trend between the Main Zone and 4-T (see Figure 1). All seven drill holes intersected target horizons. Results for all seven drill holes have been submitted to ALS (Hermosillo) for analysis, results are pending. The Company is also pleased to announce initial metallurgical results. Four samples from trenches were submitted for column leach to a strategic partner Minera Castor, a local private gold producer in México which has developed and operates its own heap-leach facilities. All four surface samples underwent column leach testing to determine the potential recovery of gold from different areas across the project. Over a 30-day testing period, all four samples returned a recovery of gold above 85%. The Company cautions that although it has confidence in the capabilities of Minera Castor, who belong to a well-respected group that provides contract services to major gold producers in the region, the results provided were not conducted by a certified lab facility. The Company is in the process of validation and analysis of sample material to confirm the results. The Company refers to 2021 bottle roll sampling completed by SGS Durango (see below) as a guide to the upper potential of recovery expected. “These initial results are encouraging and suggest the gold recovery of oxide material at Pilar has the potential to be relatively high.”, commented CEO, Brodie Sutherland. “Work is underway to validate these results at a certified lab. In the meantime, we await the results of our latest stage of drilling at Pilar which aggressively targeted new areas beyond our Main Zone.” 2022 Initial Metallurgical Sample Highlights Four (4) Column Leach Samples Submitted for Analysis Head Grade Range: 0.4 g/t Au to 5.0 g/t Au Gold Recovery Range: 88.9% to 96.9% *Important Note – Testing was completed by a local private producer and contractor based in Sonora, Mexico. The facility used to calculate head-grade and recovery is not a certified lab. The Company ...