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Tocvan Ventures Outlines High-Grade Gold Results for Start of Diagnostic Leach Study; Stockpile of Bulk Sample Complete

Highlights Precious Metal Diagnostic Leach Head Grade Results Return High-Grade Gold Bulk Sampling and Plant Conditioning Completed Coarse Free Gold Identified

articleTocvan Ventures Corp.March 29, 20234/company/tocvan-ventures/news/tocvan-ventures-outlines-high-grade-gold-results-for-start-of-diagnostic-leach-study-stockpile-of-bulk-sample-complete
Tocvan Ventures Outlines High-Grade Gold Results for Start of Diagnostic Leach Study; Stockpile of Bulk Sample Complete

About this update from Tocvan Ventures Corp.

[{"type":"text","content":" Highlights Precious Metal Diagnostic Leach Head Grade Results Return High-Grade Gold Bulk Sampling and Plant Conditioning Completed Coarse Free Gold Identified in Screened Material Gravity Recovery Circuit Added for Testing Video Discussion Link: Tocvan Ventures - Bulk Sample Progress Update *Free Gold Identified* - YouTube CALGARY, AB / ACCESSWIRE / March 29, 2023 / Tocvan Ventures Corp. (the \"Company\") (CSE:TOC) (OTCQB:TCVNF) (FSE:TV3), is pleased to provide a progress update on its first bulk sample at the Pilar Gold-Silver Project in Sonora, Mexico. Over 1,200 tonnes of material have been stockpiled, with first shipments of material completed. Crushing, screening circuit and laboratory setup is completed. Material crushing and screening has started. Foundation and drainage system for leach pad installation is ongoing. Separate to the Bulk Sample, head-grade results from the precious metal diagnostic leach tests have returned high-grade results with the five samples averaging 6.2 g/t Au, 7.6 g/t Au, 1.3 g/t Au, 11.1 g/t Au and 7.6 g/t Au respectively (see Table 1). Diagnostic leach tests are ongoing and were collected from four trench areas and one select drill core coarse reject sample. Preliminary results from the study suggest free gold is present in the samples and has been confirmed visually by testing sieved (<3/8\") material. A gravity concentrator unit will be utilized to conduct formal testing for the presence and abundance of free gold in the finer grained fraction. At Pilar, trenching related to the bulk sample has unearthed several buried underground working entrances along quartz vein structures, another indicator of the robust mineralized system and a useful tool for mapping new high-grade structures. Sample ID Sample Weight (kg) Au (g/t) 494741 10.26 6.5 Duplicate 1   6.4 Duplicate 2   5.7 494743 10.46 7.8 Duplicate 1   7.5 Duplicate 2   7.5 494745 10.28 0.8 Duplicate 1   2.2 Duplicate 2   1.0 494747 10.31 10.6 Duplicate 1   11.3 Duplicate 2   11.5 494749 10.31 7.7 Duplicate 1   8.3 Duplicate 2   6.8 Table 1. Summary of head-grade results from five select samples collected at Pilar as part of a precious metal diagnostic leach study. These samples are selective and therefore not representative of the average grade. Full study results are expected in April. ...

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