Tocvan Discovers Source to Placer Gold

Expands Mineralized Footprint of Greater Pilar Gold – Silver System by 3x 

Highlights:

1,500m by 800m Area Sampled East of Main Zone has Returned High Values of Au and Ag

700m by 600m Area Directly Related to Placer Gold Mining

No Previous Exploration in the Area; Tocvan has 100% Interest in the New Area

Placer Source Area has New Road Access

Gold Values up to 7.3 g/t Au

Silver Values up to 389 g/t Ag

CALGARY, AB / ACCESSWIRE / April 18, 2024 / Tocvan Ventures Corp. (the "Company") (CSE:TOC)(OTCQB:TCVNF)(FSE:TV3), is pleased to announce surface rock sample results from its 100% controlled Greater Pilar gold-silver project in the mine-friendly State of Sonora, Mexico. A first pass program of geological mapping and surface rock sampling topographically above ongoing extensive placer mining activity has begun to outline an expansive set of mineralized trends in the recently acquired area. Highlights from sampling includes 7.3 g/t Au with 177 g/t Ag; 5.5 g/t Au with 80 g/t Ag; and 1.8 g/t Au with 389 g/t Ag.

Foto: Accesswire

Figure 1. Summary map of recent surface sampling, expanding the known footprint of mineralization of the Greater Pilar System. The sampling has identified the source rocks for the active placer mining operations. Sampling and mapping have also outlined a significant area of veining and epithermal style alteration with elevated Au, Ag, As, Sb, Pb and Zn. The area has seen no previous systematic exploration and remains open to the east and the north. Direct extension of the Pilar Main Zone is also apparent through past sampling.

"This is an incredible discovery expanding out a significant mineralized footprint in an area with no previous exploration." commented Brodie Sutherland, CEO. "Placer activity has provided the most concrete evidence for new mineralized systems, and this is the first step in beginning to fully understand the potential size for a much larger system at Pilar. The experience we have from operating at Pilar has allowed us to move quickly to evaluate these areas. For the first pass sampling to return these results is a testament to the team and the gold-silver endowment seen across the project. This vastly expands our resource potential across the Greater Pilar property that we have 100% interest in. As we continue to delineate the new target areas, we will begin to prepare a plan to drill test the targets across the southern and northern blocks of the expansion property. Meanwhile back at the Main Zone, the drill has completed eight holes to date with samples for three of the holes already submitted to the lab. We expect the first results in early May."