Tocvan Ventures (TOC.C) has released an update on its Gran Pilar gold-silver project in Mexico’s Sonora state. The company has now already completed ten holes for a total of just over 1,100 meters of drilling at the Main Zone of Gran Pilar, the area where it has a joint venture agreement with Colibri Resource Corp. (CBI.V). All ten holes consisted of core drilling of which three have already been sent to the lab.
The core drill program was designed to complete infill drilling as well as stepping out along the known mineralized corridors. According the to the Tocvan management team, a visual inspection of the core confirmed the key lithologies and structures that host and control gold in the Pilar area. As most previous drilling was RC drilling, the data gathered from the core drill program will provide additional insights on the structure of the mineralization and this will help the company’s technical team to finetune future exploration programs.
On top of the core drilling program, Tocvan also completed four Reverse Circulation drill holes immediately north of the Main Zone on the land where Tocvan has 100% ownership.
Disclosure: The author has a long position in Tocvan Ventures. Tocvan is a sponsor of the website. Please read the disclaimer.
