Tocvan Ventures to Explore El Picacho Gold-Silver Project in Sonora, Mexico
Calgary, Alberta -- November 15, 2021 -- NewsGenie -- Tocvan Ventures Corp. is set to begin exploration at its El Picacho Au-Ag Project in Sonora, Mexico, following a recent agreement with Millrock Resources. The project boasts five primary target areas—San Ramon, Cornea, Jabali, Puerto, and Tortuga—spanning over 6 kilometers of prospective terrain.
The company has secured permits for extensive exploration, including 1,995 meters of trenching, 60 drill holes (up to 15,000m), and 2.2 kilometers of access roads, which will allow Tocvan to aggressively pursue exploration. While still focused on its Pilar Gold-Silver Project, Tocvan recognizes the significant potential of El Picacho.
Exploration plans for 2021-2022 include target evaluation, surface sampling, detailed target mapping, trenching, channel sampling of priority targets, and drill targeting across the five areas.
VP Exploration Brodie Sutherland stated, “El Picacho is an important acquisition for Tocvan as we look to expand our portfolio of quality gold-silver assets in Sonora... To date, five primary target areas have been defined showing excellent potential from surface rock and channel sampling... The majority of these targets have never been drill tested, and we look forward to advancing these targets to drill ready status over the next year.”
Figure 1. Plan Map of El Picacho Target Areas. All 5 targets are permitted for Drilling up to 15,000m. San Ramon, Cornea and Jabali are permitted for up to 2,000m of trenching.
Photo 1: El Picacho Project Area with San Francisco Mine in the background (white arrow).
Photo 2: Historic Working along shear-zone – Cornea Target
Photo 3: Mineralized Quartz Carbonate Vein – Jabali Target
The El Picacho property, located 140 kilometers north of Hermosillo, is considered an orogenic gold system within the Caborca Orogenic Gold Belt, similar to the settings of La Herradura and San Francisco mines. The property includes five zones of mineralization.
Highlights from the target areas include:
- San Ramon: 1.4 km trend with historic drill results up to 7.6m @ 0.73 g/t Au and rock samples up to 22 g/t Au and 22 g/t Ag.
- Cornea: 2.3 km trend with historic mine workings and rock samples up to 26 g/t Au and 340 g/t Ag.
- Jabali: 0.5 km trend with historic workings and rock samples up to 32 g/t Au.
- El Puerto: 1.2 km trend with historic workings and rock samples up to 8 g/t Au and 10 g/t Ag.
- Tortuga: 1.0 km trend with historic workings and rock chip samples up to 2m @ 4.4 g/t Au and 46 g/t Ag.
Brodie A. Sutherland, P.Geo., VP Exploration for Tocvan Ventures Corp., has reviewed the technical information.
Tocvan Ventures Corp. is focused on building shareholder value through exploration and development of the Pilar Gold-Silver project and the El Picacho Gold-Silver project in Sonora, Mexico.