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Tocvan restarts drilling at Gran Pilar project in Sonora, Mexico
Yahoo Finance· 2026-02-11 15:16
Core Insights - Tocvan Ventures has resumed exploration drilling at the South Block of its Gran Pilar Gold-Silver Project in Sonora, Mexico, targeting high-priority areas identified through recent surveys and sampling [1][4] Group 1: Project Overview - The Gran Pilar Project covers over 22 km², divided into the South Block (8 km²) focused on known mineralization and the largely unexplored North Block [2] - The South Block is entirely controlled by Tocvan and includes recent infrastructure developments such as an access road and multiple drill pads [2] Group 2: Drilling and Exploration Strategy - The drilling will prioritize expanding the Main Zone and exploring undrilled corridors with promising past intercepts, including 19.4 grams per tonne (g/t) gold over 3.1m within 106.6m of 0.6g/t gold [3] - The company plans to conduct up to 10,000m of reverse circulation (RC) drilling in this initial phase at the South Block, with potential for expansion based on results [5] Group 3: Data and Findings - A drone survey identified a significant structural complex correlating with high gold and silver values, with previous surface samples recording up to 21.2g/t gold and over 2,000g/t silver [4] - The completion of condemnation drilling at the Pilot Mine site has verified the area's suitability for future development, allowing the company to focus on high-impact exploration drilling [6][7]