CALGARY, AB / ACCESSWIRE / March 21, 2024 / Tocvan Ventures Corp. (the "Company") (CSE:TOC)(OTCQB:TCVNF)(FSE:TV3), has been steadily advancing and de-risking a sizable land package towards production in the mine-friendly State of Sonora, Mexico.
Focused on the recently expanded Pilar Project that now spans over 22 square kilometers, full road access provides a path for cost effective exploration and development. Past programs accounting for over 20,000 meters of drilling concentrated on less than 5% of the total land area. Until now, the remaining 95% of the land package was historically underexplored. Early exploration results indicate large scale targets defined by placer gold workings and hydrothermal alteration cells tied to gold and silver mineralization. This year, the Company is continuing with mine development permitting and an extensive drill program to build out a maiden resource estimate and begin to evaluate the new untested expansive target areas.
"The is an excellent time to invest in our Company, we are in an incredible mining jurisdiction with quality gold - silver assets." commented Brodie Sutherland, CEO. "With gold prices hitting and sustaining all time highs and our attractive land package with large scale targets, we are seeing interests from the major developers of the area. Follow us as we move to become a near-term producer and unlock the full potential of our projects."
Surrounded by operating open pit mines and development projects, Tocvan is slated to be an up-and-coming producer. Please follow the Company through its progression by signing up to news updates on the website: https://tocvan.com/
Tocvan Overview Video - Advancing an Attractive Gold - Silver Land Package in Sonora, Mexico Towards Production
CLICK HERE: Tocvan Overview Video
About Tocvan Video Series
Introduction to the mineral rich State of Sonora and its incredible infrastructure, click here: TOCVAN VENTURES INTRO
A look into active placer gold mining in the area, leading to exciting new discoveries, click here: TOCVAN PLACER MINING
A review of the region's operations on how Tocvan's projects compare, click here: TOCVAN VENTURES NEIGHBORS
About Tocvan Ventures Corp.
Tocvan is a well-structured exploration development company. Tocvan was created in order to take advantage of the prolonged downturn in the junior mining exploration sector, by identifying and negotiating interest in opportunities where management feels they can build upon previous success. Tocvan has approximately 43 million shares outstanding and is earning 100% into two exciting opportunities in Sonora, Mexico: the Pilar Gold-Silver project and the Picacho Gold-Silver project. Management feels both projects represent tremendous opportunity to create shareholder value.
Cautionary Statement Regarding Forward-Looking Statements
Neither the Canadian Securities Exchange nor its regulation services provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains "forward-looking information" which may include, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future. Forward-looking information in this news release includes statements regarding the use of proceeds from the Offering. Such forward-looking information is often, but not always, identified by the use of words and phrases such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.
These forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business. Management believes that these assumptions are reasonable. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include, among others, risks related to the speculative nature of the Company's business, the Company's formative stage of development and the Company's financial position. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results, except as may be required by applicable securities laws.
There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.
For more information, please contact:
TOCVAN VENTURES CORP.
Brodie A. Sutherland, CEO
820-1130 West Pender St.
Vancouver, BC V6E 4A4
403-829-9877
bsutherland@tocvan.ca
The Howard Group
Jeff Walker
VP Howard Group Inc.
403-221-0915
jeff@howardgroupinc.com
SOURCE: Tocvan Ventures Corp
View the original press release on accesswire.com
