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sur Tocvan Ventures Corp (CVE:TOC)

Tocvan Ventures Announces Positive Results from Gran Pilar Project

Tocvan Ventures Corp. reported positive outcomes from a closed-circuit column leach metallurgical program at the Gran Pilar Gold-Silver Project in Sonora, Mexico. Conducted by Laboratorio Tecnológico de Metalurgia, the tests involved 1,037 kilograms of bulk material crushed to two sizes, either agglomerated or non-agglomerated.

Significant results include gold recovery rates of 75 to 82 percent and silver recovery rates of 49.1 to 58 percent. The finer crush size of 3/8" achieved higher gold extraction efficiency. Agglomeration proved unnecessary as it increased cyanide consumption without improving metal extraction. The company is approaching the completion of a 50,000-tonne pilot facility, aiming for its first production in Q4 2026.

CEO Christopher Gordon highlighted the 75 to 82 percent gold extraction as a marked improvement over previous bulk tests and initiated further metallurgical studies in response to potential buyers’ interest.

R. P.

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