Day: February 17, 2022

Tocvan Announces Private Placement

MotherlodeTV
CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (the “Company”) (CSE:TOC) (OTCQB:TCVNF) (WKN:TV3/A2PE64), is pleased to announce it will be proceeding with a non-brokered private placement of up to 666,667 units (the “Units”) at CAD $0.90 per Unit for gross proceeds of up to CAD $600,000 (the “Offering”).  Each Unit is comprised of one common share of the Company (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to acquire one additional Share in the capital of the Company at a price of CAD $1.35 for a period of 18 months from the date the Units are issued, subject to the accelerated expiry provision described in the notes below. read more

GR Silver Mining Defines New High-Grade Gold Zones Parallel to the Plomosas Vein System, Including 0.4 m at 9.7 g/t Au and 2.0 m at 4.45 g/t Au

MotherlodeTV
Figure 1: Geological Map of the Trampolín and Corta Pico Vein Systems (CNW Group/GR Silver Mining Ltd.)
Figure 1: Geological Map of the Trampolín and Corta Pico Vein Systems (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – is pleased to report first exploration results for the Trampolín and Corta Pico vein systems, representing a set of N-S and NE-SW trending veins, located between the Plomosas and Loma Dorada vein systems. The Trampolín vein system can be considered the NE extension of the San Juan vein system, expanding the footprint of Au mineralization over 1,300 m to the NE (Figure 1). The results from Trampolín and Corta Pico confirm the presence of two Au-rich epithermal vein systems with the potential for higher-grade Au and Ag mineralization at depth. Mineralization at Trampolín and Corta Pico remains open along strike and down dip for future drilling. read more