Tocvan Ventures Corp.CSE: TOC

Tocvan Reports Positive Closed-Circuit Column Leach Results at Gran Pilar

· Issued by Tocvan Ventures Corp. via ACCESS Newswire

Summary by 6ix AI

Tocvan Ventures Corp. reported final results from independent closed-circuit column leach tests on about 1,037 kilograms of bulk material from its Gran Pilar Gold-Silver Project in Sonora, Mexico. These lab tests trickle cyanide solution through crushed rock in tall columns to mimic heap leaching. After 77 days of leaching, gold extraction reached up to 82.3% and silver up to 58.0%.

Key details

  • With the finer crush (P80 3/8", meaning 80% of the material is smaller than 3/8 inch), extraction was 81.6-82.3% gold and 54.8-58.0% silver. With the coarser P80 3/4" crush it was 75.4-76.4% gold and 49.1-52.4% silver. The finer crush improved gold extraction by about 6 percentage points.
  • Agglomeration (binding the crushed ore with Portland cement) did not materially improve gold or silver extraction and increased cyanide use. Non-agglomerated columns used 1.08-1.29 kg/t of sodium cyanide, versus 1.55-1.74 kg/t for agglomerated columns.
  • The sample graded about 2.19-2.21 g/t gold and about 14.9-15.4 g/t silver. Bottle-roll tests (finely ground material tumbled in cyanide solution for 72 hours) recovered 89-91% gold and about 73% silver. Copper dissolution in the columns was low, at 3.3-5.4%.
  • Laboratorio Tecnológico de Metalurgia S.A. de C.V. ran four columns, each loaded with about 146 kg of ore to about 5 metres high, for 84 days.
  • Tocvan says the results are a clear improvement on its 2023 bulk-sample heap test, which recovered 62% gold over 46 days on coarser material. It also says they support heap-leach processing for its 50,000-tonne pilot facility.

What’s still pending

  • The 50,000-tonne pilot facility is nearing completion but is not yet finished.
  • The pilot facility is targeting first production in the fourth quarter of 2026.

6ix AI wrote this summary from the release below and checked it against the release.

Up to 82% Gold and 58% Silver Extraction; Finer Crush Improves Recovery; Agglomeration Not Required

HERMOSILLO, MX / ACCESS Newswire / September 25, 2026 / Tocvan Ventures Corp. (the "Company" or "Tocvan") (CSE:TOC)(OTCQB:TCVNF)(WKN:TV3/A2PE64) announces final results from an independent closed-circuit column leach metallurgical program on a bulk composite from the Gran Pilar Gold-Silver Project, Sonora, Mexico.

The work was completed by Laboratorio Tecnológico de Metalurgia S.A. de C.V. (LTM ISO/IEC 17025:2017 and ISO 9001:2015) on approximately 1,037 kilograms of bulk material crushed to two sizes (P80 3/4" and P80 3/8"), tested both agglomerated (Portland cement) and non-agglomerated. Four 6-inch-diameter columns, each loaded with ~146 kg of ore to ~5 metres height, were operated for 84 days (3-day cure, 77-day leach, 4-day wash, 3-day drain) at a target irrigation rate of 12 L/h/m² and 1 g/L NaCN. The tests were completed to optimize recovery strategy for the pilot facility as it nears completion.

Key Highlights

  • Head grade of the composite: ~2.19-2.21 g/t Au and ~14.9-15.4 g/t Ag

  • Bottle-roll tests (100% minus 10 mesh, 72 hours): Recovery of 89-91% Au and ~73% Ag.

  • Closed-circuit columns after 77 days of leaching:

    • P80 3/8": 81.6-82.3% Au and 54.8-58.0% Ag

    • P80 3/4": 75.4-76.4% Au and 49.1-52.4% Ag

  • Finer crush improved gold extraction by about 6 percentage points.

  • Agglomeration did not materially improve gold or silver extraction and increased cyanide consumption.

  • Non-agglomerated columns used less NaCN (1.08-1.29 kg/t vs 1.55-1.74 kg/t). Lime consumption was similar (~3.65-3.84 kg/t CaO).

  • Copper dissolution was low (3.3-5.4%).

  • Ag: Au ratio of ~4.7-5.0.

  • Results are a clear improvement on the 2023 bulk-sample heap test (62% Au over 46 days on coarser material) and support heap-leach processing for the 50,000-tonne pilot facility targeting first production in Q4 2026.

Column Leach Summary

Column

Crush (P80)

Agglomerated

Au ext. (%)

Ag ext. (%)

Cu ext. (%)

NaCN (kg/t)

CaO (kg/t)

CL-01

3/4"

Yes

76.41

52.44

4.20

1.55

3.84

CL-02

3/4"

No

75.36

49.12

5.13

1.08

3.67

CL-03

3/8"

Yes

81.63

54.84

3.26

1.74

3.83

CL-04

3/8"

No

82.25

57.99

5.36

1.29

3.65

Cycle includes 77 leach days + 4 wash + 3 drain. Calculated heads correlated well with assay heads.

"These closed-circuit column results give us a much clearer picture of how Gran Pilar material will perform under heap-leach conditions as we finish the 50,000-tonne pilot," said Christopher Gordon, CEO of Tocvan. "Gold extraction of 75 to 82 percent at commercial crush sizes, without agglomeration, is a clear improvement on the 2023 bulk test and supports first production later this year.

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