Northwire Canada EditionSaturday, August 29, 2026
Northwire
GOLD 4529.90 −2.9% SILVER 67.79 −3.5% COPPER 6.66 −0.5% OIL 83.40 −0.2% PALLADIUM 1428.60 +5.4% SAE 0.520 +4.0% ZEN 0.770 +0.0% WGLD 0.130 +13.0% AEM 286.76 −3.9% SAG 1.32 −4.3% GSVR 0.475 −5.0% CRI 0.050 −9.1% TMQ 5.04 −4.2% BTO 7.85 −3.0% HBM 40.78 −3.0% EFR 20.38 −6.5% SF 0.365 −4.0% SPX 0.115 +0.0% CQR 0.060 +20.0% IVS 0.310 +5.1% CNC 1.44 −2.7% GOLD 4529.90 −2.9% SILVER 67.79 −3.5% COPPER 6.66 −0.5% OIL 83.40 −0.2% PALLADIUM 1428.60 +5.4% SAE 0.520 +4.0% ZEN 0.770 +0.0% WGLD 0.130 +13.0% AEM 286.76 −3.9% SAG 1.32 −4.3% GSVR 0.475 −5.0% CRI 0.050 −9.1% TMQ 5.04 −4.2% BTO 7.85 −3.0% HBM 40.78 −3.0% EFR 20.38 −6.5% SF 0.365 −4.0% SPX 0.115 +0.0% CQR 0.060 +20.0% IVS 0.310 +5.1% CNC 1.44 −2.7%
Drill Results Routine +

Tocvan Mobilizes Heavy Equipment at Gran Pilar to Accelerate Trenching and Mine Works

Tocvan Accelerates Gran Pilar Pilot Mine Prep as Equipment Mobilization Signals Near-Term Production Push

Executive Summary
  • Tocvan Ventures mobilized additional heavy equipment (dozer, excavator, haul truck) to the Gran Pilar Gold-Silver Project on April 15, 2026.
  • The primary objective is to accelerate trenching and pilot-scale development activities.
  • Surface sampling at the Central Magnetic Trend returned results up to 1.2 g/t Au and 11 g/t Ag.
  • The company continues a fully funded 20,000-meter drill program with nine exploration holes currently pending results.
  • Metallurgical testing confirms high recoveries: Gold (95% to 99%) and Silver (73% to 97%).
  • Pilot bulk sample summary achieved 62% gold recovery over a 46-day leaching period with head grades of 1.9 g/t Au and 7 g/t Ag.
Material Impact
  • The mobilization of heavy equipment represents operational execution rather than a fundamental change in the investment thesis, as pilot mine preparation was previously announced (August 2025 permitting).
  • Surface sampling results are positive but incremental compared to previous high-grade intercepts (e.g., 19.4 g/t Au over 3.1 m reported earlier), suggesting they do not materially alter resource estimates yet.
  • Metallurgical data consistency reinforces project viability but the discrepancy between bulk sample recovery (62%) and composite recovery (up to 99%) remains a key economic variable that requires monitoring.
  • The news confirms the company is on track with its previously announced financing and drilling plans, validating management execution without introducing new financial or operational risks.
TOC · Price
Company Overview
  • Tocvan Ventures Corp. is a junior mining company focused on the Gran Pilar Gold-Silver Project in Sonora, Mexico.
  • The flagship project covers over 22 km² with South Block (Main Zone expansion) and North Block (Alteration Zone) target areas.
  • The project holds permits for a 50,000-tonne per annum pilot heap-leach facility and over 30,000 meters of drilling.
  • Management is led by CEO Brodie Sutherland, with recent appointments including Anna Ladd-Kruger (Director) and Darin Wagner (Special Adviser).
Read the original news release →

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