Tocvan Ventures (CSE:TOC) has completed six exploration holes across four new high-priority target areas at its flagship Gran Pilar Gold-Silver Project in Sonora, Mexico.
The company has also finished a high-resolution drone magnetic survey over the principal target zones and completed two water monitoring wells as part of its environmental baseline program for the permitted pilot mine development.
CEO Brodie Sutherland says the team is making excellent operational progress at the project.
“Completing six holes across four new targets in such a short time highlights the team’s execution capability and drive to cover as many new targets as quickly as possible. The finished drone magnetic survey adds another layer of high-confidence data, while the water monitoring wells ensure we continue to meet the highest environmental standards as we move toward pilot production,” Sutherland says.
The current program aims to expand the known mineralised footprint in the South Block, which represents a direct extension of the historic Main Zone. All reverse circulation holes were drilled to planned depths with samples submitted for analysis.
The company is deploying capital from its recently closed $10 million bought-deal financing across ongoing South Block drilling, upcoming North Block drilling restart, site infrastructure development for the 50,000-tonne pilot facility, and preparatory work for pilot-scale mining.
A minimum of 20,000m is planned for Gran Pilar this year with an additional 6,000m at the El Picacho project.
Previous drilling at Gran Pilar has returned significant results including 83.5m at 1.3 grams per tonne gold including 9.7m at 10.3g/t gold, and 97.4m at 0.7g/t gold including 36.3m at 1.6g/t gold from 2025 diamond drilling.
The Gran Pilar project comprises over 21Km2 of prospective ground in a stable mining district of Sonora.
Edited by Adam Orlando
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Images: Tocvan Venture
