Tocvan Announces Restart Of Exploration Drilling At The Gran Pilar Project South Block

Executive Summary

• Tocvan Ventures Corp. announced the restart of exploration drilling in the South Block of its flagship Gran Pilar Gold‑Silver Project, targeting new high‑priority targets identified by recent drone magnetic surveys and surface geochemical work.
• Three condemnation holes at the Pilot Mine have been completed, confirming suitability for future development; two initial exploration holes are already finished.
• The company plans up to 10,000 m of RC drilling in this phase, with additional rigs on standby and potential expansion to a third rig.

Key Details

• South Block Scope: ~8 km² of 100% owned land, direct extension of historic Main Zone.
• Target Identification: Drone magnetic survey revealed a significant structural complex; surface rock and soil samples previously returned up to 21.2 g/t Au and >2,000 g/t Ag.
• Condemnation Drilling Completed: 3 holes at Pilot Mine finished, confirming infrastructure suitability.
• Exploration Focus: Main Zone expansion and undrilled corridors; follow‑up on 2025 intercepts such as 19.4 g/t Au over 3.1 m (within 106.6 m of 0.6 g/t Au) and 136 g/t Ag over 10.7 m (within 42.7 m of 41 g/t Ag).
• Planned Drilling Program: Up to 10,000 m RC drilling in South Block phase; a second rig ready for North Block work; evaluating addition of a third rig.
• Recent Drill Highlights (2025):
• Diamond: 83.5 m @ 1.3 g/t Au (incl. 9.7 m @ 10.3 g/t Au) – Mar 11, 2025.
• RC: 106.8 m @ 0.6 g/t Au (incl. 3.1 m @ 19.4 g/t Au) – Feb 25, 2025.
• Metallurgical Results: Bulk sample shows 62 % gold recovery; head grade 1.9 g/t Au & 7 g/t Ag; agitated leach yields 80 % Au and 94 % Ag recovery in 24 h. Gravity‑leach tests report 95–99 % Au and 73–97 % Ag recoveries.
• Permitting: All required permits for additional drilling and trenching are in place.

Notable Quotes

“This restart marks an exciting step forward in unlocking the untapped potential of the South Block,” said Brodie Sutherland, CEO, emphasizing that integrated magnetic and geochemical data have pinpointed compelling new targets to support the path toward pilot production.