Tocvan Discovers New Gold-Silver Zone 1,600 Meters From Main Zone at South Block Gran Pilar; First Aggressive Step-Out Drilling Intersects Mineralization From Surface
Executive Summary
- Tocvan Ventures announced a significant new drill discovery in the South Block of its Gran Pilar Gold‑Silver Project, intersecting 22.9 m @ 0.6 g/t Au (including 6.1 m @ 1.6 g/t Au and 13 g/t Ag) from surface and a deeper zone of 10.7 m @ 0.4 g/t Au at 122 m depth.
- The discovery lies 1,600 m east of the Main Zone within the northern portion of a 1,200‑m magnetic anomaly that hosts some of the highest gold‑in‑soil and rock values on the property, expanding the known footprint of Gran Pilar.
- The step‑out validates Tocvan’s targeting strategy, opens a new mineralized corridor, de‑risks future growth, and supports the potential for near‑term open‑pit production; the program remains fully funded (20,000 m total, >2,400 m completed).
Key Details
- Hole JES‑26‑135 (South Block – El Mezquite target):
- 0–22.9 m: 0.55 g/t Au, 5.0 g/t Ag (incl. 6.1 m @ 1.61 g/t Au, 13 g/t Ag)
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122.0–132.7 m: 0.43 g/t Au, 3.5 g/t Ag (incl. 3.05 m @ 1.33 g/t Au, 12.6 g/t Ag)
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Magnetic Anomaly Context:
- 1,200‑m long anomaly with surface soil Au up to 2.4 g/t and Ag up to 21.9 g/t (40 m north of JES‑26‑135).
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Rock samples within 15 m south show up to 2.7 g/t Au and 24 g/t Ag.
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Program Funding:
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Fully funded 20,000 m RC drilling program; >2,400 m completed to date.
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Additional South Block Results (non‑core holes):
- JES‑26‑133: 7 anomalous zones, up to 0.3 g/t Au and 21.5 g/t Ag.
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JES‑26‑140: 13.7 m @ 0.2 g/t Au, 17 g/t Ag with elevated pathfinder elements.
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Pilot Mine Facility Drilling:
- Four condemnation holes completed; no significant mineralization, confirming suitability for infrastructure.
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Two water monitoring wells drilled; one returned anomalous gold (up to 0.13 g/t Au) and silver (22.6 g/t Ag).
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Historical Context (for comparison):
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Prior Main Zone drill highlights include up to 83.5 m @ 1.3 g/t Au (2025) and 106.8 m @ 0.6 g/t Au (2025).
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CEO Quote: “This is a landmark result… immediately intersected mineralization at surface… expands the scale potential of Gran Pilar.” – Brodie Sutherland, CEO.
Notable Quotes
“For the first time we have aggressively tested well beyond the Main Zone in the South Block and immediately intersected mineralization at surface… Our programs are fully funded for drilling and pilot mine operation.” – Brodie A. Sutherland, CEO
Materiality Assessment: Material – Positive (new, high‑grade discovery that materially expands project scope and supports near‑term production potential).