Tocvan Ventures (CSE:TOC) (OTC:TCVNF) (FSE:TV3), is pleased to provide a progress update on its first bulk sample at the Pilar Gold-Silver Project in Sonora, Mexico. Over 1,200 tonnes of material have been stockpiled and returned high-grade results with the five samples averaging 6.2 g/t Au, 7.6 g/t Au, 1.3 g/t Au, 11.1 g/t Au and 7.6 g/t Au respectively.
Over the course of the month of March, there have been many stocks that have managed to clock significant gains and one of those is that of Tocvan Ventures Corp. Throughout the month the stock has experienced considerable traction and so far it has clocked gains of as much as 60% on the Canadian exchange.
In such a situation, it may actually be a good idea for investors to perhaps take a look into the company a bit more closely. As it happens, it was in the news earlier on this week on March 29. At the time the company provided a progress update with regard to its first bulk sample from the Pilar Gold-Silver Project located in Sonora, Mexico.
The company announced that as much as 1200 tons of materials had been stockpiled and the first shipments of the material had also been completed.
On the other hand, the laboratory setup, screening circuit, and crushing had also been completed. Material screening and crushing had been started and in addition to that, the drainage system and foundation for leach pad installation had also been kicked off.
In addition to the update about the bulk sample, the company also provided an update with regards to the head-grade results from the precious metals diagnostic leach tests. The results were high-grade and the average of the five samples stood at 6.2 g/t Au, 7.6 g/t Au, 1.3 g/t Au, 11.1 g/t Au and 7.6 g/t Au. It will be interesting to see if the stock can continue its momentum next month.