Tocvan Restarts Drilling at Pilar Main Zone

CALGARY, AB / ACCESSWIRE / April 3, 2024 / Tocvan Ventures Corp. (the "Company") (CSE:TOC)(OTCQB:TCVNF)(FSE:TV3), is pleased to announce the much awaited restart of drilling at its road accessible Pilar gold-silver project in the mine-friendly State of Sonora, Mexico. The Company has been busy reviewing all past data with an independent resource professional to determine the most effective use of drill meters for the upcoming campaign. Work completed has outlined 7,000 meters of drilling required within the Pilar concessions held along with minority partner, Colibri Resources. This includes, 4,000 meters of infill drilling within known areas of mineralization and 3,000 meters of step-out and exploration drilling on the peripherals of drilled mineralization and/or strong surface geochemistry indicating highly prospective targets. All proposed drilling is fully permitted. The outcome of the proposed drilling will go into the definition of a maiden resource estimate for the Pilar Main Zone, providing an important building block for the Company. The first drill hole will follow-up on JES-22-62, which returned 108.6m of 0.8 g/t Au and 3 g/t Ag. The drill rig mobilized to site April 1^st and began drilling hole JES-24-73 on April 2^nd. The Company will update as drilling progresses.

"We are excited to report the drill is back onsite and turning at Pilar." commented Brodie Sutherland, CEO. "It's been nearly two years since we last drilled at Pilar, with the previous drill program identifying new areas of mineralization to the east and southeast of Pilar's Main Zone. We now look to continue to expand the overall footprint while we build towards a maiden resource at Pilar. With gold prices hitting all time highs, we feel this is the right time to aggressively advance our projects."

Photo 1. RC Drill Rig Mobilizing to the first drill pad for 2024 at the Pilar Project, Sonora, Mexico.

Foto: Accesswire

Photo 2. Lining up drill hole JES-24-73.

Foto: Accesswire

Foto: Accesswire

Foto: Accesswire

Photos 3 & 4. Pilar Project Drill and Geology Crew Preparing for Drill Start-Up

Foto: Accesswire

Figure 1. Pilar Project Planview map showing the southern block made up of the Pilar Main Zone and several parallel trends untested with coinciding active placer mining developments. The largest placer mining development is 2km to the northeast of Pilar and has seen no systematic modern exploration. To the north, a large alteration zone that spans 3.3 km by 1.5 km (North Alteration Zone) has returned high-grade gold and silver values in the first few sampling programs across the newly acquired area. The initial phase of drilling for 2024 will focus on the Pilar Main Zone in which Tocvan has 51% majority interest.