Tocvan Ventures Strikes High-Grade Gold at Pilar Project, Extends Main Zone
Calgary, Alberta -- April 26, 2022 -- NewsGenie -- Tocvan Ventures Corp. has announced promising drill results from its Pilar Au-Ag Project in Sonora, Mexico. Core drill hole JES-22-62 returned 108.6 meters at 0.8 g/t Au and 3 g/t Ag, including 31.9 meters at 2.4 g/t Au and 2 g/t Ag. A high-grade gold mineralization within a silicified sulphide-bearing breccia returned 9.4 meters at 7.6 g/t Au and 5 g/t Ag.
The hole is a 125m southeast step-out from hole JES-22-59 and infills a gap 100m west of hole JES 21-47.
A total of 1,562 meters of Phase III drilling has been completed in nine drill holes. Results for four drill holes are pending.
CEO Brodie Sutherland stated the new discovery of high-grade breccia mineralization is one of their most significant findings to date, confirming the effectiveness of their exploration model. He added that drill hole JES-22-62 expands the Main Zone.
Drilling aimed to expand the Main Zone through step-outs to the southeast, covering the 4-T Trend testing below trench T-21-3. Drill hole JES-22-62 intersected a significant zone of gold with broad mineralization in a silicified andesite host.
Historic drill hole JES-18-3 intersected a high-grade Au-Ag zone 75-meters east of JES-22-62, indicating other parallel high-grade zones may be present.
Tocvan is hosting an investors webinar on Thursday, May 12th at 2:15 PM CST.
The Pilar Gold-Silver property is interpreted as a structurally controlled low-sulphidation epithermal project hosted in andesite rocks. Over 20,700 m of drilling have been completed to date.
