Tocvan Ventures Corp. ( (TSE:TOC) ) just unveiled an update.
Tocvan Ventures Corp. announced promising results from its recent core drilling at the Gran Pilar Gold Silver Project in Sonora, Mexico. The drilling revealed significant gold mineralization, including 1.6 g/t gold over 36.3 meters from the surface, with higher grades of 15.2 g/t over 1.2 meters and 5.8 g/t over 3 meters. These results represent an upgrade from previous local historic drilling, indicating potential for moderate to high-grade ore sourcing for future mining operations. The company is awaiting results from six additional drill holes, which will contribute to a maiden resource estimate and further development plans.
More about Tocvan Ventures Corp.
Tocvan Ventures Corp. is a company operating in the mining industry, focusing on gold and silver exploration. The company is primarily involved in the development of the Gran Pilar Gold Silver Project located in Sonora, Mexico, where it holds a majority stake in partnership with Colibri Resource Corp.
YTD Price Performance: 33.33%
Average Trading Volume: 23,961
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$36.88M
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