TOCVAN DRONE MAGNETIC DATA STRENGTHENS GOLD-SILVER TARGETS ACROSS GRAN PILAR; IDENTIFIES BROAD ZONES FOR EXPANSION POTENTIAL
Executive Summary
The high-resolution magnetic data has revealed subsurface features that align with known areas of mineralization while identifying extensions of these features into previously unexplored areas within the project. The survey data includes Total Magnetic Intensity measurements, Reduced to Pole adjustments, First Vertical Derivative calculations, and Tilt Derivative analysis, providing a comprehensive geophysical foundation for continued exploration. CEO Brodie Sutherland highlighted the identification of structural feature continuations in the underexplored Central portion of the project and a large regional low with structural corridors in the North that coincides with the broad alteration zone.
The timing of this survey is particularly strategic as Tocvan advances its ongoing 20,000-meter drill program and permitted pilot mine development. The project has demonstrated consistent high-grade results, with recent drilling highlights including 19.4 g/t Au over 3.1 meters and 136 g/t Ag over 10.7 meters. The comprehensive nature of this magnetic survey, covering over 22 square kilometers of prospective ground, positions the company to systematically expand its resource base beyond the historic Main Zone.
For the broader mining sector, this development represents the methodical advancement of a near-term production asset in Mexico's mining-friendly Sonora jurisdiction. The integration of high-resolution geophysical data with existing geological mapping, surface geochemistry, and extensive drill results demonstrates a disciplined approach to resource expansion. With metallurgical studies showing gold recoveries of 95-99% and planned pilot production facility development, Gran Pilar is positioning itself as a scalable gold-silver operation with significant exploration upside across multiple target zones.
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