Business
Tocvan Ventures Drills 21.7-meters of 0.94 g/t Oxide Au including 4.0-meters of 4.3 g/t Au and 7 g/t Ag at Pilar.
Calgary, Alberta – TheNewswire - March 30, 2022 - Tocvan Ventures Corp. (the “Company”) (CSE:TOC); (OTC:TCVNF); (FSE:TV3), is pleased to announce initial drill
About this update from Tocvan Ventures Corp.
[{"type":"text","content":"Calgary, Alberta – TheNewswire - March 30, 2022 - Tocvan Ventures Corp. (the “Company”) (CSE:TOC); (OTC:TCVNF); (FSE:TV3), is pleased to announce initial drill results from its Pilar Au-Ag Project in Sonora, Mexico. Results for the first three drill holes are provided in this release, totaling 513.3 meters of drilling within the Main Zone (see Figure 1). A total of 1,540 meters of Phase III drilling has been completed in nine drill holes providing key information across the Main Zone and 4-T Trend. Drill hole JES-22-58 intersected 21.7-meters of 0.94 g/t Au, including 4.0 meters of 4.3 g/t Au and 7 g/t Ag. JES-22-58 was a diamond drill hole to confirm host rock and structure from the local Reverse Circulation (“RC”) drill hole JES-20-36 which intersected 24.4 meters of 2.5 g/t Au and 73 g/t Ag, including a high-grade interval of 1.5 meters of 33.4 g/t Au and 1,090 g/t Ag. Drill Highlights JES-22-58 (Core) 33.3m at 0.63 g/t Au and 2 g/t Ag, from 85.6 meters Including 21.7m at 0.94 g/t Au Including 4.0m at 4.3 g/t Au and 7 g/t Ag JES-21-57 (RC) 6.1m at 0.51 g/t Au and 8 g/t Ag, from 6.1-meters downhole depth JES-22-60 (Core) 5.5m at 0.64 g/t Au and 10 g/t Ag, from 5.4-meters downhole depth “Core drilling continues to demonstrate the continuity and strength of oxide gold-silver mineralization at Pilar”, commented Brodie Sutherland, CEO. “Intersecting another broad low-grade zone with a high-grade core is extremely encouraging as we look to advance our understanding of the Main Zone and move the project towards the next stage of development. With more results pending we look forward to outlining the next steps for expansion at Pilar.” Discussion of Significant Results As part of the Phase III program, nine drill holes have been completed totalling over 1,540 meters (Figure 1). Drilling looked to expand the Main Zone through 25, 50 and 100-meter step-outs to the southeast in a gap zone that has seen little drilling focused on the main trend between hole JES-20-32 (94.6m at 1.6 g/t Au) and hole JES-21-50 (39.7m at 0.96 g/t Au). Drilling also covered the 4-T Trend testing below trench T-21-3, which returned 19.5 meters at 0.61 g/t Au. Confirmation of host rock and structure through the Main Zone was completed with core drilling, targeting key areas where past RC drilling has interse...