Market Herald logo

Subscribe

Be the first with the news that moves the market
  • A surface exploration program has been ongoing since April at its El Picacho Au-Ag Project in Sonora, Mexico
  • At the Murcielago Prospect, 65 samples were collected with 14 samples returning values greater than 0.1 g/t Au
  • Tocvan CEO Brodie Sutherland sat down with Daniella Atkinson to discuss the news
  • Tocvan is a natural resource company engaged in the exploration and development of mineral properties
  • Tocvan Ventures Corp. (TOC) opened trading at C$0.86 per share

Tocvan Ventures Corp. (TOC) has announced surface sample results from its El Picacho Au-Ag Project in Sonora, Mexico.

A surface exploration program has been ongoing since April. At the Murcielago Prospect, 65 samples were collected, with 14 samples returning values greater than 0.1 g/t Au. Sampling defined a new target area yet to be drilled.

Tocvan CEO Brodie Sutherland sat down with Daniella Atkinson to discuss the update.

“The results from our recent surface exploration program have confirmed another untested drill target at El Picacho.”, commented CEO, Brodie Sutherland. “The Murcielago Prospect is one of six key target areas at El Picacho that has seen little to no drilling. The consistent mineralization seen across a 450-meter trend coupled with high-grade historic results along old shafts, makes Murcielago an additional compelling drill target as we look to unlock the potential of the project. Sonora is well known for cost-effective mines that can operate open pits with grades below 0.5 g/t Au with very favourable production costs. Seeing this broad low-grade mineralization and higher-grade within gives us a lot of confidence in the potential we have here.”

Tocvan is an early-stage natural resource company engaged in the exploration and development of mineral properties.

Tocvan Ventures Corp. (TOC) opened trading at C$0.86 per share.

More From The Market Herald
First Mining - CFO, Andrew Marshall

" Pan Global Resources (TSXV:PGZ) taps Andrew Marshall as new Chief Financial Officer

Pan Global Resources (PGZ) has appointed Andrew Marshall as Chief Financial Officer.
Monarch Mining - CEO, Jean Marc Lacoste.

" Monarch (TSX:GBAR) announces MRE for Croinor Gold Deposit

Monarch (GBAR) has unveiled its mineral resource estimate (MRE) for its Croinor Gold Deposit in Quebec.

" Britannia Mining Solutions (CSE:BLAB) to deploy 10 additional Chrysos PhotonAssay units

Britannia Life Sciences (BLAB) has signed purchase agreements with Chrysos Corporation Limited.

" Aurwest (CSE:AWR) acquires 98 additional sq. km. of claims in Central Newfoundland

Aurwest Resources (AWR) has acquired an additional 98 km2 of mineral licenses next to the Stony Caldera and Paradise Lake gold projects in Newfoundland.