Northwire Canada EditionTuesday, July 28, 2026
Northwire
LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0% LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0%
Drill Results

Tocvan Drone Magnetic Data Strengthens Gold-Silver Targets Across Gran Pilar; Identifies Broad Zones for Expansion Potential

TOC · Price

Executive Summary

  • Tocvan Ventures completed a high‑resolution drone‑based airborne magnetic survey of the entire Gran Pilar Gold‑Silver Project in Sonora, Mexico.
  • The survey covered 235.66 line‑kilometers (70 east‑west lines spaced 100 m apart) and identified subsurface features that align with known mineralization zones and extend into previously unexplored areas.
  • Data analysis and magnetic inversion modeling will feed directly into the company’s ongoing 20,000 m drill program and pilot mine development plans.

Key Details

  • Survey contractor: Zonge International, Inc.
  • Survey scope: 70 east‑west flight lines, 100 m line spacing, total 235.66 line‑km.
  • Data products generated: Total Magnetic Intensity (TMI), TMI Reduced to the Pole (TMI‑RTP), First Vertical Derivative (1VD) of TMI‑RTP, and Tilt Derivative of TMI‑RTP.
  • Results indicate continuity of structural features associated with historic mineralization and reveal new targets in underexplored central and northern portions of the project.
  • Planned next steps: detailed data analysis, integration with existing geological, geochemical, and drill datasets; magnetic inversion modeling to estimate depth, shape, and susceptibility of sources; refinement of exploration targets for the 20,000 m drill program and pilot mine development.
  • CEO comment (Brodie Sutherland): “The high‑quality data sets a strong foundation for our next phases of analysis and interpretation…these structures have the potential of expanding our targets across the area.”

Notable Quotes

  • Brodie Sutherland, CEO: “We are excited about the completion of this extensive drone magnetic survey at Gran Pilar. The high‑quality data sets a strong foundation for our next phases of analysis and interpretation, which will guide our resource expansion efforts in this promising district.”
Read the original news release →

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