Tocvan Ventures – El Picacho Project
El Picacho Property
The El Picacho Gold-Silver property is interpreted as an orogenic gold system within the regional Caborca Orogenic Gold Belt known for producing gold mines that include La Herradura and San Francisco. The project is 140 kilometers north of Hermosillo and totals 2,414 hectares. Five primary zones of mineralization have been identified across the property totalling over six kilometers of prospective trends. Surface sampling has identified high-grade gold and silver values. The five primary target areas are summarized below:
– San Ramon
– 1.4 km prospective trend;
– Several historic mine workings associated with low angle faults;
– Historic Drill Highlights (Both were reconnaissance holes with no follow-up):
– (Drill hole PD-01) 7.6m @ 0.73 g/t Au, including 3.0m @ 1.37g/t Au
– (Drill hole RCP-02) 10.7m @ 0.67 g/t Au, including 4.6m @ 1.4 g/t Au
– Rock Sampling highlights:
– 22 g/t Au and 22 g/t Ag
– 16 g/t Au and 26 g/t Ag
– 14 g/t Au and 83 g/t Ag
– Cornea
– 2.3 km prospective trend;
– Historic mine workings up to 30-meters deep along shear-zones;
– Rock Sampling Highlights:
– 26 g/t Au and 340 g/t Ag
– 15 g/t Au and 66 g/t Ag
– 15 g/t Au and 29 g/t Ag
– Jabali
– 0.5 km prospective trend ;
– Historic mine workings among low-angle thrust faults;
– Rock Sampling Highlights
– 32 g/t Au
– 28 g/t Au and 10 g/t Ag
– El Puerto
– 1.2 km prospective trend ;
– Historic mine workings along vertical shear-zones hosted within a banded gneiss;
– Rock Sampling Highlights
– 8 g/t Au and 10 g/t Ag
– 6.5 g/t Au and 176 g/t Ag
– Tortuga
– 1.0 km prospective trend;
– Historic mine workings in Jurassic metasediments surrounded by mineralized biotite gneiss;
– Rock Chip Sampling Highlights
– 2m @ 4.4 g/t Au and 46 g/t Ag
Brodie A. Sutherland, P.Geo., President and CEO for Tocvan Ventures Corp. and a qualified person (“QP”) as defined by Canadian National Instrument 43-101, has reviewed and approved the technical information contained in this release.
