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CSE:TOC

Tocvan Ventures Corp.

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Market:
CSE
Price
0.34 CAD
Day Change
-
Market Cap:
$14.58 m
52 weeks high
0.78
52 weeks low
0.31

In brief

Tocvan Ventures Corp is a resource company that went public in February 2019 looking to take advantage of the prolonged downturn in the junior exploration sector. It is earning into what it sees as two exciting opportunities - the advanced Pilar gold project in the Sonora gold district in Mexico, and the Rogers Creek project in British Columbia Canada. In a cash-and-share deal with Colibri Resource Corp, Tocvan can buy up to 100% of Pillar, which is road accessible, has already had over 17,000 meters of drilling since the 1990s, and lies 140 kilometers south-east of the city of Hermosillo. The firm believes the project can prove up an economic resource in the short term as it must now complete C$2 million of exploration over the next several years. In addition, Tocvan has an option to earn 80% of Rogers Creek from Carube Copper - a project which has already received C$3 million for exploration.