Tocvan Ventures Corp (CSE:TOC) has revealed several new targets on its Pilar gold-silver project in Mexico.
The junior explorer said the new targets are the result of geophysical surveys conducted on the northwest section of the property with a large degree of historic data.
The induced polarization, or IP, survey returned new mineralization targets, extended mineralization zones and highlighted the continuity of geological trend.
In a statement, Tocvan told shareholders that the analysis justified the pursuit of targets in the surveyed area and allows for the calibrated geophysical model to be applied on the lower section of the property.
According to the survey data, the Main Zone and the North Hill Zone may be connected and, if confirmed, would be renamed as a mineralization trend. Results also indicate the potential of the northeast-southwest structures connecting the 4-Trench Zone to the Main Zone, Tocvan said.
Geophysical results will be combined with additional survey tools to create a structural mineralization model to help pinpoint drill targets for a Phase 2 campaign at Pilar.
Pilar, located in the state of Sonora in Mexico, is a low-sulphidation epithermal project. More than 17,700 metres of drilling have been completed to date, and significant results from previous operators include 53.5 grams per ton gold and 53.4 grams per ton silver over 16 metres.
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