20 likes | 30 Views
There has been significant interest in mining exploration companies in recent times and for good reason too, given the volatility in commodity prices across the world owing to geopolitical issues. A company that may be worth looking into at this point in time is Tocvan Ventures Corp (CSE:TOC) (OTCQB:TCVNF), which is involved in the exploration development space.<br><br>
E N D
Tocvan Ventures Corp (CSE:TOC) (OTCQB:TCVNF) Announces The Results From Surface Channel Sampling thestreetreports.com/tocvan-ventures-corp-csetoc-otcqbtcvnf-announces-the-results-from-surface-channel- sampling There has been significant interest in mining exploration companies in recent times and for good reason too, given the volatility in commodity prices across the world owing to geopolitical issues. A company that may be worth looking into at this point in time is Tocvan Ventures Corp (CSE:TOC) (OTCQB:TCVNF), which is involved in the exploration development space. The company had been established with the purpose of taking advantage of the downward spiral in the junior mining exploration sector. Tocvan intends to identify and then work on opportunities in this space only if the management believes that it may be possible to get value based on previous success. At this point in time, the company has interests in the Pilar Gold-Silver project and El Picacho Gold-Silver project in Sonora, Mexico. The management believes that both these projects present major opportunities to boost shareholder value. As it happens, the company was in fact in the news yesterday after it announced the results from the surface channel sampling for Bulk samples at the Pilar Gold-Silver Project. The company noted that it had managed to complete channel sampling every 5 meters perpendicular so as to reveal alteration and mineralization on the surface. A total of eight locations had been sampled by the company for the purpose of testing the variations of mineralization. It was a significant new development for Tocvan and it is now going to be interesting to see if the stock comes into focus or not. 1/2
The Chief Executive Officer of the company Brodie Sutherland spoke about the development as well. He noted that the results obtained by the company from the channel sampling at the Pilar property were highly encouraging and surpassed the expectations of the management. The company also announced that as much as 1000 tons of oxide-gold material could be extracted from selected areas. 2/2