Northwire Canada EditionTuesday, July 14, 2026
Northwire
WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8% WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8%
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 →

More from Tocvan Ventures Corp.