Tocvan Ventures Corp. is pleased to announce the closing of its previously announced private placement with an institutional investor to raise an aggregate amount of $600,000. The proceeds from the Placement will be deposited with a third-party escrow agent and delivered to the Corporation in monthly tranches of $50,000 over the next 12 months pursuant to the terms and conditions of a sharing agreement between the Company [...]
Table 1. Summary of head-grade results from five select samples collected at Pilar as part of a precious metal diagnostic leach study. These samples are selective and therefore not representative of the average grade. Full study results are expected in April. Click Image To View Full Size Click Image To View Full Size Photos 1 & 2. Above, Trenching for Bulk Sample at 4-T, channel sampling averaged 2.2 g/t Au and 31 g/t Ag [...]
Calgary, March 14, 2023 - Tocvan Ventures Corp. , is pleased to provide a progress update on its first bulk sample at the Pilar Gold-Silver Project in Sonora, Mexico. Material preparation and heap leach pad preparation are ongoing. Trenching and sample extraction at Pilar are ongoing. At the processing site, crusher and conveyor belt circuits have been brought online and are ready for testing. Ground conditioning is [...]
Tocvan Ventures Corp. , is pleased to announce the results from surface channel sampling across areas being prepared for the excavation of material for a Bulk Sample at its Pilar Gold-Silver Project in Sonora, Mexico. Channel sampling was completed every 5-meters perpendicular to exposed mineralization and alteration at surface along the Main Zone and 4-T trends. Eight locations were sampled to test varying levels of [...]
February 17, 2023. Tocvan Ventures Corp. is pleased to announce that it has closed the third and final tranche of its previously announced non-brokered private placement of units , for gross proceeds of $130,505.00 . This is in addition to gross proceeds of $507,718.60 previously announced on January 30, 2023 and February 6, 2023. A total of $638,223.60 has been raised in the private placement. The final tranche Offering [...]
Tocvan Ventures Corp. is pleased to announce that it has closed a second tranche of its previously announced non-brokered private placement of units for gross proceeds of the second tranche of $278,027.80 . The Offering of the second tranche consisted of the issuance of an aggregate of 534,669 Units at a price of $0.52 per Unit. Each Unit consists of one common share in the capital of the Company and one-half common share [...]
Tocvan Ventures Corp. is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement of units for gross proceeds of $229,690.80 . The Offering consisted of the issuance of an aggregate of 441,713 Units at a price of $0.52 per Unit. Each Unit consists of one common share in the capital of the Company and one-half common share purchase warrant . Each Warrant entitles the [...]
Calgary, January 27, 2023 - Tocvan Ventures Corp. , is pleased to announce it will shortly be closing a non-brokered private placement of up to 625,000 units at CAD $0.52 per Unit for gross proceeds of up to CAD $325,000 . Each Unit is comprised of one common share of the Company and one-half common share purchase warrant . Each Warrant will entitle the holder to acquire one additional Share in the capital of the Company [...]
January 24, 2023 Tocvan Ventures Corp. ; ; , is pleased to announce it has begun preparation for an initial Bulk Sample at its Pilar Gold-Silver Project in Sonora, Mexico. Up to 1,000 tonnes of oxide-gold material will be extracted from select areas exposed at surface across the project area, focusing on the Main Zone and 4-T Trends where preliminary column leach studies have returned promising head-grade and recovery [...]
Tocvan Ventures Corp. , is pleased to announce drill results for the remaining drill holes completed at its El Picacho Gold-Silver project in Sonora, Mexico. Ten drill holes totalling 1,075.1-meters were completed at the San Ramon Prospect testing for low-grade mineralization adjacent to historic underground workings that have returned high-grade gold with silver. Drilling aimed to test different structural orientations [...]
Highlights Hole SRA - January 10, 2023 Tocvan Ventures Corp. ; ; , is pleased to announce drill results for the first three drill holes completed at its El Picacho Gold-Silver project in Sonora, Mexico. Ten drill holes totalling 1,075.1-meters were completed at the San Ramon Prospect testing for low-grade mineralization adjacent to historic underground workings that have returned high-grade gold with silver. Results for [...]
Tocvan Ventures Corp. is pleased to provide an annual summary of 2022 and plans for 2023. 2022 was a standout year for the company completing major milestones at its Pilar gold-silver project in Sonora, Mexico. Advancement continued with drilling at Pilar including the Company's first core drilling program which was successful in intersecting broad mineralization across the Main Zone, returning 116.9-meters of 1.2 g/t Au [...]