Exciting New Discoveries at Tocvan Ventures’ Gran Pilar Gold Silver Project
Tocvan Ventures Corp. recently announced significant findings from the latest core drilling at their Gran Pilar Gold Silver Project located in Sonora, Mexico. The partnership between Tocvan (51%) and Colibri Resource Corp. has yielded impressive results, with ten drillholes totaling 1,167.5 meters completed earlier this year.
High-Grade Gold-Silver Discovery East of Main Zone
The latest findings include the highest-grade interval ever discovered outside of the Main Zone, with 21.6 g/t gold (Au) and 209 g/t silver (Ag) over a depth of 3.0 meters, starting from a depth of 8.3 meters (JES-25-108). Additionally, there were other notable discoveries, such as 2.8 g/t Au and 38 g/t Ag over 3.8 meters, starting from a depth of 49.7 meters.
Expansion of the Main Zone
Furthermore, the East Expansion of the Main Zone has shown promising results, including 0.4 g/t Au and 9 g/t Ag over 56.4 meters, starting from the surface. Other notable findings include 0.9 g/t Au and 20 g/t Ag over 12.6 meters, 0.5 g/t Au and 8 g/t Ag over 7.4 meters, and 0.6 g/t Au and 7 g/t Ag over 4.3 meters (JES-25-107).
Implications for the Mining Industry and Investors
These discoveries are a significant development for the mining industry, as they indicate the potential for substantial gold and silver deposits near the surface. The findings are ideal for follow-up trenching and early mine development, making it an attractive investment opportunity for those interested in the mining sector.
Impact on the Global Market
On a larger scale, these discoveries could influence the global gold and silver markets. With the increasing demand for precious metals, particularly in the electronics industry and as a safe haven asset, the potential for new, large-scale mines could lead to increased supply and potentially stabilize or even lower prices.
Additionally, the potential for new mines in countries with favorable mining regulations and stable political environments could lead to increased investment in those regions, which could have positive economic implications for the local communities and countries.
Results Pending for Three Additional Holes
The Company is currently awaiting results from three additional drillholes. These results could provide further insight into the potential size and scale of the deposits, potentially leading to increased investor interest and potential development plans.
Conclusion
The latest discoveries at Tocvan Ventures’ Gran Pilar Gold Silver Project in Sonora, Mexico, represent a significant development for the mining industry and investors. With high-grade gold and silver deposits found near the surface, these findings are ideal for follow-up trenching and early mine development. The potential for large-scale mines could influence the global gold and silver markets, leading to increased supply and potential price stabilization. As the Company awaits results from three additional drillholes, the potential for significant growth and investment opportunities remains high.
- Tocvan Ventures Corp. announces significant findings from latest core drilling at Gran Pilar Gold Silver Project
- High-grade gold-silver discovery east of Main Zone: 21.6 g/t Au, 209 g/t Ag over 3.0 meters
- Expansion of Main Zone: Promising results with potential for large-scale deposits
- Positive implications for the mining industry and investors
- Potential impact on global gold and silver markets
- Results pending for three additional drillholes
