TOCVAN MOBILIZES HEAVY EQUIPMENT AT GRAN PILAR TO ACCELERATE TRENCHING AND MINE WORKS
Executive Summary
The equipment deployment comes amid continued exploration success, with recent surface sampling at the Central Magnetic Trend returning up to 1.2 g/t Au and 11 g/t Ag with elevated pathfinder elements. The company has submitted bulk testing material to both processing plant constructors and certified laboratories for pilot optimization work, demonstrating concrete progress toward near-term production goals. Surface works continue to intersect mineralization across multiple target areas, validating the scale and strength of the mineralized system.
Tocvan's drilling program has delivered consistently strong results, including recent highlights of 83.5m @ 1.3 g/t Au with higher-grade intersections of 9.7m @ 10.3 g/t Au. The project benefits from an extensive database of over 35,000 meters of drilling across multiple phases, with metallurgical testing showing gold recoveries of 95-99% and silver recoveries of 73-97%. The company maintains 100% control over 21 km² of prospective ground, providing substantial room for scalable infrastructure development.
The strategic mobilization of heavy equipment positions Tocvan to advance rapidly toward a maiden resource estimate while maintaining exploration momentum. With the company remaining fully funded for current programs and additional drill results pending, the Gran Pilar project appears well-positioned to transition from exploration toward pilot production in the near term. The project's location in the mine-friendly jurisdiction of Sonora, Mexico, combined with strong metallurgical characteristics and extensive mineralization, supports the company's development strategy.
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