motherlodetv.net
Junior exploration companies go through distinct stages of development. When they are founded there is a need for financial and promotional expertise to “sell” an as yet untested geological theory to a sceptical market. Once the geology begins to be proven up, the focus shifts to extending and confirming that geology.
GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – is pleased to announce wide, high-grade silver (Ag) results from diamond core drilling from the recently expanded underground tunnel in the San Marcial Area, at the Plomosas Project, Sinaloa, Mexico. These assay results are from the initial three holes of an eight-hole program and confirm extensions of high-grade Ag mineralization along strike, as well as up to 170 m down dip, below the San Marcial NI 43-101 mineral resource. The successful results extend the mineralization from the initial 250 m to approximately 420 m down dip from surface. These results also suggest that the compilation of modern and historical data, combined with advanced geological modelling, has been successful in targeting higher grade mineralization on the project.
GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – announces the sale of two non-core concessions, El Salto and El Salto Sur (the “Concessions”), which were acquired from Mako Mining Corp. on March 31, 2021, to Grupo Minero Venturex S.A. DE C.V. (“Venturex”), a private Mexican company.
Tocvan Ventures Corp. (the “Company”) (CSE:TOC) (OTC:TCVNF) (WKN:TV3/A2PE64), is pleased to update on the trenching program at its Pilar Au-Ag Project in Sonora, Mexico. Trenching has started with four trenches completed to date at 4-Trench, North Hill and Main Zone targets. A trench at North Hill is complete and has been channel sampled to analyze an anomalous copper zone with oxide gold-silver mineralization. A trench at 4-Trench is complete and will be used for structural analysis and future drill targeting. Two Main Zone trenches are complete and material will be used for column leach studies and detailed structural analysis. Channel sample results from trenches are expected in January 2022 followed by submittal of bulk sample material for metallurgical test work. Drilling following up on Phase II drill program targets is scheduled to begin within the next week.
Tocvan Ventures Corp. (CSE:TOC) (CNSX:TOC.CN) (OTC:TCVNF) (WKN:TV3/A2PE64) (“Tocvan” or the “Company”) is pleased to announce that it has closed a first tranche of its previously announced
non-brokered private placement of units (“Units”) for gross proceeds of $471,225.00 (the “Offering”). The Offering consisted of the issuance of an aggregate of 471,225 Units at a price of $1.00 per Unit. Each Unit consists of one common share (“Common Share”) in the capital of the Company and one-half common share purchase warrant (“Warrant”). Each Warrant entitles the holder thereof to acquire one Common Share at a price of $1.50, for a period of 24 months from the closing of the Offering.
GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – announces the discovery of a gold-silver rich mineralized zone and the presence of narrow epithermal veining resulting from the initial reconnaissance drilling at Loma Dorada, within the Company’s Plomosas Project, in Sinaloa State, Mexico.
GR Silver (GRSL.V) holds 100% of the key concessions over an area 25 kilometers wide and 35 kilometers long in the Rosario District in Sinaloa Mexico. The company refers to this as the Plomosas Project and is in the midst of drilling the property.
Brodie Sutherland is a very happy geologist. As Tocvan Ventures (TOC:CNX) VP Exploration he is exploring two highly prospective properties, Pilar and El Picacho, in the Sonora State of Mexico and he is liking what he is seeing so far.
Tocvan Ventures Corp. (the “Company”) (CNSX:TOC.CN) (OTC:TCVNF) (FSE/WKN:TV3/A2PE64), is pleased to announce the exploration plans for its El Picacho Au-Ag Project in Sonora, Mexico. El Picacho was a recent acquisition with the company negotiating the assignment of the option agreement from Millrock Resources. Five primary target areas (San Ramon, Cornea, Jabali, Puerto and Tortuga) have been identified to date combining for over 6 kilometers of prospective trend. The project is fully permitted for 1,995 meters of trenching, 60 drill holes (up to 15,000m) and 2.2 kilometers of access roads. The permit is a critical piece to the advancement of El Picacho and will allow Tocvan to scale-up exploration as needed. The company remains focused on its advanced stage Pilar Gold-Silver Project, however the high perspectivity of El Picacho warrants further investigation.
GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – is pleased to provide an update to the market on our 2021 reconnaissance drilling program at the Plomosas Project, in Sinaloa State, Mexico. This drill program is focused primarily on new areas (Figure 1), recognized as attractive sites for NW or NE trending, high-grade Au-Ag mineralized veins. Additionally, we provide an update on the discovery of the sulphide-rich mineralization in the footwall of the San Marcial resource area (Figure 3).