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Tocvan Ventures Restarts Drilling at Pilar, Targeting Priority Areas for Expansion. Outlines Path Forward for Sonora Projects
Calgary, Alberta – TheNewswire - June 22, 2022 Tocvan Ventures Corp. (the “Company”) (CSE:TOC); (OTC:TCVNF); (FSE:TV3), is pleased to announce drilling has reco
About this update from Tocvan Ventures Corp.
[{"type":"text","content":"Calgary, Alberta – TheNewswire - June 22, 2022 Tocvan Ventures Corp. (the “Company”) (CSE:TOC); (OTC:TCVNF); (FSE:TV3), is pleased to announce drilling has recommenced at its Pilar Au-Ag Project in Sonora, Mexico. As a continuation of Phase III, drilling will focus on priority exploration targets across the property. Targeting parallel trends and trend extensions will remain a focus as the Company looks to rapidly define the extent of mineralization at Pilar. Recent reconnaissance drilling in a 200-meter gap between the Main Zone and 4-T Trend was successful in defining a new parallel trend (JES-22-63 returned 54.9-meters at 0.3 g/t Au and 5 g/t Ag from 6.1-meters depth). Another 200-meters to the east, surface exploration returned chip samples of 6.6 g/t Au and 433 g/t Ag defining an untested extension of the 4-T Trend, both of these targets will be tested during this stage of drilling. “We are excited for this next stage of drilling at Pilar, as we feel the potential to expand the known areas of mineralization is very significant,” commented Brodie Sutherland, CEO. “All of these targets have compelling surface geochemistry that warrant further evaluation. Information collected here will be instrumental to the next steps of development as we look to utilize substantial funding to fully unlock the potential of Pilar.” Figure 1. Map of Phase III Drill Holes with Next Stage of Drilling (Red). Next Stage Drill Targets 1)Follow-Up on NEW Discovery Trend JES-22-63 (RC) 54.9m at 0.3 g/t Au and 5 g/t Ag, from 6.1m Including 13.7m at 0.6 g/t Au and 13 g/t Ag, from 6.1m Including 4.6m at 1.6 g/t Au and 29 g/t Ag, from 6.1m And 9.2m at 0.6 g/t Au and 3 g/t Ag, from 42.7m Soil Sample 170-meter southeast on trend returned 340 ppb Au and 19 ppm Ag 2)4-T Extension Surface Chip sampling up to 6.6 g/t Au and 433 g/t Ag in silicified fault (See Plate 1.) Soil Sample 100-meter southeast on trend returned 1,090 ppb Au and 127 ppm Ag 3)4-T Expansion Untested, elevated surface sampling over 300-meter trend Plate 1. Photo of rock chip sample 7591, which returned 6.6 g/t Au and 433 g/t Ag as part of the 4-T Extension target. Near-Term Catalysts at Pilar Ongoing Exploration and Expansion Drilling Ongoing Metallurgical Studies Advancing Towards: Maiden Res...