TOCVAN Ventures Corp
@tocvan.com
Tocvan Ventures Corp. is positioning itself as a leading mineral exploration and development company in Mexico, with a strategic focus on becoming a mid-tier
TOCVAN Ventures Corp's Company Logos
TOCVAN Ventures Corp's Brand Colors
Hex Code
Color name
RGB
HSL
CMYK
#CE2A28
Persian Red
206, 42, 40
1, 67, 48
0, 80, 81, 19
#FECDA5
Flesh
254, 205, 165
27, 98, 82
0, 19, 35, 0
#003B4D
Prussian Blue
0, 59, 77
194, 100, 15
100, 23, 0, 70
About TOCVAN Ventures Corp
TOCVAN Ventures Corp. They are pleased to announce their binding Letter of Intent (LOI) for the 100% acquisition of 2,172. 7 hectares adjacent and north of their Pilar Gold-Silver Project.
This expansion increases their land holdings significantly by 21. 7 km². The newly acquired area has never been systematically explored for gold-silver, but recent placer mining suggests high potential.
TOCVAN Ventures Corp. With the consolidation of the district, they hope to attract major producers and advance towards production. The acquisition also provides ample space for future mine development infrastructure, lowering future capital expenditures.
The terms of the agreement include cash payments totaling $4 million USD, issuance of 2. 5 million common shares, and a minimum work commitment of $1 million USD over a 5-year term. The title owner will retain a 2% NSR on the properties acquired.
With impressive drilling results and encouraging metallurgical test work, the Pilar Gold-Silver property shows potential to become a near-term producer. TOCVAN Ventures Corp
