Pilar Gold and silver project

Tocvan Commences Drilling at its Pilar Au-Ag Project

December 15, 2021 MotherlodeTV

Tocvan Ventures Corp. (the “Company”) (CSE:TOC) (CNSX:TOC.CN) (OTC:TCVNF) (WKN:TV3/A2PE64), is pleased to announce drilling has commenced at its Pilar Au-Ag Project in Sonora, Mexico. Building off of successful Phase I and II drill programs (Figure 1.), drilling of 5,000 to 8,000 meters is planned between now and July of 2022. Drilling will focus on continued step-out drilling along the Main Zone Trend and new 4-Trench Trend. Exploration drilling will continue to evaluate target areas along the Triple Vein Zone. Surface exploration work is currently underway on key target areas and channel samples from the recent trench program have been submitted for analysis. read more

Tocvan Closes Unit Private Placement

December 14, 2021 MotherlodeTV

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 the second tranche of its previously announced
non-brokered private placement of units (“Units”) for gross proceeds of $266,000 (the “Offering”). The Offering consisted of the issuance of an aggregate of 266,000 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. read more

Tocvan Updates on Trenching Program at its Pilar Au-Ag Project

December 9, 2021 MotherlodeTV

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. read more

Tocvan Announces Start of Exploration at Pilar and Updates on Financing

November 30, 2021 MotherlodeTV

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. read more

Tocvan Announces Commencement of Field Operations at Pilar Au-Ag Project

November 10, 2021 MotherlodeTV

Tocvan Ventures Corp. (the “Company”) (CSE:TOC) (CNSX:TOC.CN) (OTC:TCVNF) (WKN:TV3/A2PE64), is pleased to announce the commencement of field operations at its Pilar Au-Ag Project in Sonora, Mexico. Building off of the success of last year, the company looks to evaluate surface mineralization with trenching and channel sampling followed by a series of column leach studies on representative sites across the Main Zone. In addition, drilling is planned with between 5,000 to 8,000 meters estimated between now and July of 2022. Drilling will focus on continued step-out drilling along the Main Zone and new 4-Trench Trend. Exploration drilling will continue to evaluate target areas along the Triple Vein Zone. Surface exploration work will continue with trenching and sampling along the southeastern extension of the Main Zone. read more

Tocvan Announces Private Placement with Lead order From Prominent Financier from Mexico

November 3, 2021 MotherlodeTV

Tocvan Ventures Corp. (the “Company”) (CNSX:TOC.CN) (OTC:TCVNF) (WKN:TV3/A2PE64), is pleased to announce it will be proceeding with a non-brokered private placement of up to 1,200,000 units (the “Units”) at CAD $1.00 per Unit for gross proceeds of up to CAD $1,200,000 (the “Offering”). A lead order has been established with a prospective long-term shareholder with extensive experience in Mexican mineral exploration and development. Each Unit is comprised of one common share of the Company (a “Share”) and one half of 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 $1.50 for a period of 24 months from the date the Units are issued, subject to the accelerated expiry provision described below. read more

Tocvan Ventures Corp. acquires 100% interest in the Rogers Creek Copper Porphyry Property in southwestern BC and announces spin-out transaction

September 30, 2021 MotherlodeTV

Tocvan Ventures (CSE:TOC) (OTC: TCVNF) (WKN:TV3/A2PE64), is pleased to announce that they have entered into an agreement whereby Tocvan is acquiring 100% interest in the Rogers Creek Property in B.C. from C3 Metals Inc. (“C3 Metals”) Tocvan previously held an option to a acquire up to an 80% interest in the property from C3 Metals read more

Tocvan Provides Summary of Phase II Drill Program and Outlines Next Steps for Pilar Project

August 26, 2021 MotherlodeTV

Tocvan Ventures Corp. (CSE:TOC) (CNSX:TOC.CN) (OTC:TCVNF) (“Tocvan” or the “Corporation”) is pleased to provide a summary from its Phase II drill program (the “Program”) at the Pilar Gold-Silver Project in Sonora, Mexico. A Phase II drill program was completed in June with over 3,500 meters of reverse circulation (RC) drilling in twenty (20) drill holes. Drilling was successful in three key target areas: 1) Main Zone Expansion, 30m to the northwest and a total of 150m to the southeast; 2) 4 Trench Zone, definition of a new mineralized trend over a 500m strike, parallel to the Main Zone; 3) Triple Vein Zone, one hole drilled, intersected a narrow silver-rich zone with gold. Results for the Phase II program are encouraging and warrant further drill definition to continue to expand the know areas of Au-Ag mineralization at Pilar, highlights from the Phase II program are summarized below. read more

Tocvan Venture Corp. Announces Approval and Commencement of Trading on OTCQB Venture Marketplace

July 30, 2021July 30, 2021 MotherlodeTV

Tocvan Ventures Corp. (CSE:TOC) (CNSX:TOC.CN) (OTC:TCVNF) (“Tocvan” or the “Corporation”) is pleased to announce that the Company has been approved to list the company’s common shares on the OTCQB® Venture Marketplace (the “OTCQB Venture”) Investors are now able to trade securities on the OTCQB exchange. the trading symbol is “TCVNF” read more

Tocvan Drills 39.7 meters of 0.96 g/t Au including 12.2 meters of 3 g/t Au in Main Zone Step-Out Also Hits at Triple Vein Zone 400 meters to the East, Opens Up New Target Area

July 29, 2021 MotherlodeTV

Tocvan Ventures Corp. (CSE:TOC) (CNSX:TOC.CN) (“Tocvan” or the “Corporation”) is pleased to announce final drill results from its Phase II drill program (the “Program”) at the Pilar Gold-Silver Project in Sonora, Mexico. A Phase II drill program was completed in June with over 3,500 meters of reverse circulation (RC) drilling in twenty (20) drill holes. Final results are included in this release, highlighted by drill hole JES-21-50 which returned 39.7 meters at 0.96 g/t Au in a 50 meter step-out to the Main Zone on trend with drill hole JES-21-47 which intersected 47.3 meters at 0.75 g/t Au. In addition, the first reconnaissance drill hole at the Triple Vein Zone (TVZ) was completed 400 meters to the east (JES-21-56) and was successful in intersecting mineralization at depth, returning 1.5 meters at 0.6 g/t Au and 139 g/t Ag. read more

Tag: Pilar Gold and silver project