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Tocvan Ventures Corp.
Jul 15, 2026 at 6:05 AM UTC
Jul 15
Jul 15, 2026 at 6:05 AM UTC
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ELI5

Tocvan Outlines Phased Development Plan for Pilot Mine Operations at Gran Pilar Gold-Silver Project

FIRST GOLD-SILVER DORÉ POUR TARGETED FOR Q4 2026

HERMOSILLO, MX / ACCESS Newswire / July 15, 2026 / Tocvan Ventures Corp. (the "Company" or "Tocvan") (CSE:TOC)(OTCQB:TCVNF)(WKN:TV3/A2PE64) is pleased to announce a strengthened development plan as it transitions Gran Pilar from exploration into pilot-scale production. With all major permits secured and construction well underway, Tocvan is advancing a fully permitted 50,000‑tonne heap‑leach pilot facility designed to generate cash flow, validate metallurgy at scale, and materially de-risk the path toward commercial production.

The Company's 10-year pilot mine permit was secured in August 2025, followed by a 6-year Community Agreement executed in May 2026, providing long-term stability and expansion flexibility.

"Gran Pilar is entering a pivotal phase," stated Brodie Sutherland, CEO of Tocvan. "This pilot operation is the first step toward establishing Gran Pilar as a scalable, long-life gold-silver producer. With construction progressing, equipment on site, and processing infrastructure being built, we remain firmly on track for our first gold-silver doré pour in Q4 2026. The operating data and cash flow generated will directly inform our commercial development strategy."

The pilot facility represents a low-capex, near-term production opportunity that positions Tocvan for rapid advancement in a strong gold market. Investors and stakeholders are encouraged to follow Tocvan's progress as the Company advances toward its first gold-silver production in Q4 2026.

Key Highlights:

  • Target recovery: 70% Au for heap-leach

  • Heavy equipment (dozer, excavator, haul truck) mobilized on-site in April 2026

  • Site preparation, fencing, and leveling for the heap leach pad and containment ponds completed

  • Pad and containment pond construction underway

  • Local crushing equipment contracted

  • Processing plant equipment being constructed in Hermosillo

  • Condemnation drilling and water monitoring wells completed; baseline data collection ongoing

  • Trenching and material transport phase currently active

Photo 1. Foundation for Heap Leach Pad excavated and preparing for clay base and liner.

Photo 2. Base for Containment Ponds being packed with clay and ready for liners.

Photo 3. Active trenching of at surface oxide gold-silver material across expansion targets.

Figure 1. Planview layout map of the Pilot Facility.

Phased Development Plan

Phase 1: Trenching & Material Transport (Ongoing - Q3 2026)

  • Objective: Secure and characterize 50,000 tonnes of high-grade oxide feed.

  • Key activities: Expand dozer trenching across South Block high-priority targets and haul/stockpile mineralized material.

  • Milestone: 50,000 tonnes stockpiled;