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Tocvan Announces Maiden Drill Program Underway at North Block Gran Pilar Gold-Silver Project
Highlights: Maiden Drill Program Underway: targeting a 3.2 km by 1.5 km zone with strong mineralization indicators. Progress Update: Site preparations complete, including road access and drill pads; initial 2,000 meters of drilling in progress, additional ...
About this update from Tocvan Ventures Corp.
Highlights: CALGARY, AB / ACCESS Newswire / November 11, 2025 / Tocvan Ventures Corp. (the "Company" or "Tocvan") (CSE:TOC)(OTCQB:TCVNF)(WKN:TV3/A2PE64) is pleased to provide an update on its ongoing maiden drill program at the North Block of the Gran Pilar Gold-Silver Project in Sonora, Mexico. The program, which commenced following the mobilization of equipment in October, marks the first-ever drilling in this underexplored expansion area and is designed to test a 3.2 km by 1.5 km target zone exhibiting strong geochemical and geological indicators of mineralization. To date, the Company has completed initial site preparations, including road access improvements and the establishment of the first drill pads. Drilling activities are progressing with an initial phase of 2,000 meters planned, focusing on high-priority targets within the North Alteration Zone. These zone have already yielded promising surface samples, including a 2-meter chip sample assaying 5.6 g/t Au and 106 g/t Ag, and a historic mine working sample returning 3.2 g/t Au and 1,225 g/t Ag. Recent discoveries of two new mineralized targets with historic underground workings further underscore the potential of the area, featuring exposed vein breccia, phyllic and argillic alteration, and quartz veining across sections up to 60 meters. "We are thrilled with the early progress of our maiden drill program at the North Block, which represents a significant step in unlocking the full potential of the Greater Pilar system," stated Brodie A. Sutherland, CEO of Tocvan Ventures. "The integration of geophysical surveys, surface mapping, and these new target discoveries has refined our approach, and we anticipate meaningful results that could expand our resource potential. Combined with advancements on the South Block, including trenching and pilot mine preparations, Gran Pilar is positioning Tocvan for near-term production and long-term growth." The North Block forms part of the larger Gran Pilar project, spanning over 22 square kilometers and located in a highly prospective region known for porphyry/ epithermal gold-silver systems. The Company remains fully permitted for over 30,000 meters of drilling and is targeting completion of 3,000 to 5,000 meters by the end of Q4 2025 across both blocks. Ongoing surface geochemical sampling, geological mapping, and geophysical data interpretation continue to support drill targeting. Tocvan will provide further updates as assay results become available and drilling advances. 100% CONTROLLED PRIORITY TARGETS FOR TRENCHING & DRILLING Gran Pilar Drill Highlights: Pilar Bulk Sample Summary: Additional Metallurgical Studies: About Tocvan Ventures Corp . Tocvan Ventures Corp. is a dynamic exploration and near-term producer advancing high-potential gold and silver projects in the mine-friendly jurisdiction of Sonora, Mexico. At its flagship Gran Pilar Gold-Silver Project, Tocvan holds a 100% interest in over 21 km² of prospective ground, bolstered by the pivotal 2023 land acquisition that provides ample space for scalable mine infrastructure, including a planned 50,000-tonne pilot production facility. The Company also maintains a 51% interest in a 1 km² joint venture area with Colibri Resources, further expanding its footprint. Recent exploration successes, including near surface 3.1 meters at 19.4 g/t Au, underscore Gran Pilar's potential as a premier gold-silver asset. Additionally, Tocvan's 100% owned Picacho Gold-Silver Project, located in the prolific Caborca Trend-home to some of Mexico's largest gold deposits-positions the Company for further growth. With robust metallurgical results (up to 99% gold and 97% silver recovery) and a strategic capital to bolster growth, Tocvan is poised to deliver significant shareholder value in a market buoyed by record-high gold prices. With approximately 66 million shares outstanding, Tocvan is committed to unlocking the full potential of its assets through innovative exploration, strategic development, and investor-focused initiatives. Quality Assurance / Quality Control Rock and Drill samples were shipped for sample preparation to ALS Limited in Hermosillo, Sonora, Mexico and for analysis at the ALS laboratory in North Vancouver. The ALS Hermosillo and North Vancouver facilities are ISO 9001 and ISO/IEC 17025 certified. Gold was analyzed using 50-gram nominal weight fire assay with atomic absorption spectroscopy finish. Over limits for gold (>10 g/t), were analyzed using fire assay with a gravimetric finish. Silver and other elements were analyzed using a four-acid digestion with an ICP finish. Over limit analyses for silver (>100 g/t) were re-assayed using an ore-grade four-acid digestion with ICP-AES finish. Control samples comprising certified reference samples and blank samples were systematically inserted into the sample stream and analyzed as part of the Company's robust quality assurance / quality control protocol. Soil Samples were shipped for sample preparation to ALS Limited in Hermosillo, Sonora, Mexico and for analysis at the ALS laboratory in North Vancouver. The ALS Hermosillo and North Vancouver facilities are ISO 9001 and ISO/IEC 17025 certified. Gold and multi-element analysis of soils was completed by aqua regia digestion and ICP-MS finish using a 50-gram nominal weight. Over limit gold values greater than 1 g/t were re-assayed with a more robust aqua regia digestion ad ICP-MS finish. Over limit analyses for silver (>100 g/t) were re-assayed using an ore-grade four-acid digestion with ICP-AES finish. Control samples comprising blank samples and certified reference materials were systematically inserted into the sample stream and analyzed as part of the Company's robust quality assurance / quality control protocol. Brodie A. Sutherland, CEO for Tocvan Ventures Corp. and a qualified person (" QP ") as defined by Canadian National Instrument 43-101, has reviewed and approved the technical information contained in this release. Cautionary Statement Regarding Forward Looking Statements Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains "forward-looking information" which may include, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future. Forward-looking information in this news release includes statements regarding the use of proceeds from the Offering. Such forward-looking information is often, but not always, identified by the use of words and phrases such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business. Management believes that these assumptions are reasonable. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include, among others, risks related to the speculative nature of the Company's business, the Company's formative stage of development and the Company's financial position. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results, except as may be required by applicable securities laws. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. For more information, please contact: TOCVAN VENTURES CORP. Brodie A. Sutherland, CEO 1150, 707 - 7 Ave SW Calgary, Alberta T2P 3H6 Telephone: 1 888 772 2452 Email: [email protected] STAY CONNECTED: LinkedIn: TOC LinkedIn X: TOC X Facebook: TOC Facebook YouTube: TOC YouTube Web: tocvan.com SOURCE: Tocvan Ventures Corp Related Documents: View the original press release on ACCESS Newswire
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