P R E S S R E L E A S E Tocvan Commences Largest Drill Program Ever Conducted at Pilar. Phase II Drilling Starts with a Planned 4,000 Meters.
P R E S S R E L E A S E
Tocvan Commences Largest Drill Program Ever Conducted at Pilar.
Phase II Drilling Starts with a Planned 4,000 Meters.
Calgary, Alberta – April 15, 2021. Tocvan Ventures Corp. (CSE: “TOC”) (“Tocvan” or the “ Corporation”) is pleased to
announce the start-up of the Phase II drill program (the “Program”) at its flagship Pilar Gold-Silver Project. The Program
will consist of two stages and plans for a minimum of 4,000 -meters of Reverse Circulation (“RC”) Drilling. Stage One will
focus on the continued definition and expansion of the Main Zone, which during Phase I returned 94.6 -meters at 1.6 g/t
Au including 9.2m at 10.8 g/t Au and 38 g/t Ag in drill hole JES-20-32. Stage Two will begin to test new targets across the
property including the Triple Vein Zone and 4-Trench Extension.
“We are extremely excited to be back drilling at Pilar,” commented VP Exploration, Brodie Sutherland. “Recent exploration
on surface has identified several new target areas which we will begin to drill test during this program. Follow-up on our
successful Phase I program will aim to expand the Main Zone along strike and further at depth. Drill crews and geological
staff are mobilizing to site today and expect to be ready to start drilling tomorrow.”
Primary Drill Targets:
Main Zone Expansion
Drilling will include follow-up on highlight holes from Phase I Program:
JES-20-32
• 94.6 meters at 1.6 g/t Au from 57.9 to 152.5 meters
o including a high-grade core of 9.2 meters at 10.8 g/t Au and 38 g/t Ag from 57.9 to 67.1 meters
JES-20-36
• 24.4 meters at 2.5 g/t Au and 73 g/t Ag from 96.1 to 120.5 meters
o including a high-grade core of 9.2 meters at 6.3 g/t Au and 192 g/t Ag from 96.1 to 105.2 meters
o including 1.5 meters at 33.4 g/t Au and 1,090 g/t Ag from 96.1 to 97.6 meters
4-Trench Extension
• 600-meter strike length identified by historic workings and surface sampling
o highlighted by 19.9 g/t Au with 8 g/t Ag and 5.1 g/t Au with 142 g/t Ag in rock samples
Triple Vein Zone
• 400-meter strike length identified by surface mapping and sampling
o highlighted by 4.5 g/t Au with 735 g/t Ag and 4.3 g/t Au with 96 g/t Ag in rock samples
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Figure 1. 3D Target Map of Pilar Gold-Silver Project. Mapped veins are outlined in red. Phase II drilling will focus on Main
Zone expansion and drill testing targets at 4-Trench Extension and Triple Vein Zone.
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About the Pilar Property
The Pilar Gold -Silver property is interpreted as a structurally controlled low -sulphidation epithermal project hosted in
andesite rocks. Three zones of mineralization have been identified in the north -west part of the property from hist oric
surface work and drilling and are referred to as the Main Zone, North Hill and 4 -Trench. Structural features and zones of
mineralization within the structures follow an overall NW-SE trend of mineralization. Over 19,200 m of drilling have been
completed to date. Significant results are highlighted below:
• 2020 Phase I RC Drilling Highlights include (all lengths are drilled thicknesses):
o 94.6m @ 1.6 g/t Au, including 1.5 m @ 9.2m @ 10.8 g/t Au and 38 g/t Ag;
o 41.2m @ 1.1 g/t Au, including 3.1m @ 6.0g/t Au and 12 g/t Ag ;
o 24.4m @ 2.5 g/t Au and 73 g/t Ag, including 1.5m @ 33.4 g/t Au and 1,090 g/t Ag
• 17,700m of Historic Core & RC drilling. Highlights include:
o 61.0m @ 0.8 g/t Au
o 16.5m @ 53.5g/t Au and 53 g/t Ag
o 13.0m @ 9.6 g/t Au
o 9.0m @ 10.2 g/t Au and 46 g/t Ag
Soil and Rock sampling results from undrilled areas indicate mineralization extends towards the southeast from the
Main Zone and 4-Trench Zone. Recent Surface exploration has defined three new target areas: Triple Vein Zone, SE
Vein Zone and 4 Trench Extension.
Brodie A. Sutherland, P.Geo., VP Exploration for Tocvan Ventures Corp. and a qualified person ("QP") as defined by
Canadian National Instrument 43-101, has reviewed and approved the technical information contained in this release.
Sampling Methods
Samples collected are of rock grab and rock chips , grab samples are selective and not necessarily representative of the
mineralization over wider widths . Rock and RC c hip samples were shipped for sample preparation to ALS Limited in
Hermosillo, Sonora, Mexico and for analysis at the ALS laboratory in North Vancouver. The ALS Hermosillo and North
Vancouver facilities are ISO 9001 and ISO/IEC 17025 certified. Gold was analyzed using 50-gram nominal weight fire assay
with atomic absorption spectroscopy finish. Over limits for gold (>10 g/t), were analyzed using fire assay with a gravimetric
finish. Silver and other elements were analyzed using a four-acid digestion with an ICP finish. Over limit analyses for silver
(>100 g/t) were re-assayed using an ore-grade four-acid digestion with ICP-AES finish.
About Tocvan Ventures Corp.
Tocvan is a well- structured exploration development company. Tocvan was created in order to take advantage of the
prolonged downturn the junior mining exploration sector, by identifying and negotiating interest in opportunities where
management feels they can build upon previous success. Tocvan currently has approximately 27 million outstanding and
is earning into two exciting opportunities. The P ilar Gold-Silver project in Sonora, Mexico an d the Rogers Creek Copper
project in southern British Columbia, management feels both projects represent tremendous opportunity to create
shareholder value.
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FOR FURTHER INFORMATION, PLEASE CONTACT:
TOCVAN VENTURES CORP.
Derek A. Wood, President and CEO
Suite 1150 Iveagh House,
707 – 7th Avenue SW
Calgary, Alberta T2P 3H6
Telephone: (403) 668 7855 EXT 101
Email: [email protected]
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