Highest-Grade Interval Since Prospect Discovery Has Investors Eyeing These Junior Miners

By: Tomas Ronolski - AllPennyStocks.com News

Tuesday, March 11, 2025

With gold at all-time highs and many asset classes in correction due to tariff and economic concerns, gold miners have stood out. Today, a couple of gold miners reported impressive drill results, further fueling investor excitement about their future.

As mentioned, Tocvan Ventures Corp. (CSE:TOC) (OTCQB:TCVNF) announced this morning its results from the first two core holes recently drilled at the Gran Pilar Gold Silver Project in mine-friendly Sonora, Mexico. Ten core drillholes totaling 1,167.5 meters were completed earlier this year within the majority owned (51%) Main Zone held in partnership with Colibri Resource Corp. (TSX-Venture: CBI).

Results are highlighted by 10.3 g/t Au over 9.7m, including 60.6 g/t Au over 1.6 meters starting at 87.8 meters vertical depth (JES-25-104). The high-grade mineralization correlates with at surface mineralization and lies within a broader anomalous zone drilled that averages 1.3 g/t Au over 83.5 meters from 14.1 meters below surface.

"These near-surface high-grade results showcase the rapid development potential of Pilar." commented, CEO Brodie Sutherland. "Core drilling has again yielded some of the best results ever from the property. Results are in line with our initial observations of key styles of significant mineralization. The very high-grade interval in JES-25-104 coincides with a fault and adjacent intense, texture destructive hematite and silica alteration. Understanding these high-grade structures is essential for upgrading resource potential and identifying focus areas for initial mining. Further to the north, hole JES-25-103 has yielded some of the best results to date on the northwestern edge of the Main Zone where surface mapping has outlined key controlling structures with elevated copper and silver. We look forward to sharing the remaining drill results as they become available."

Shares of CBI were up on the news to the tune of 20% at $0.03, while shares of TOC were trading even on the day at $0.58.

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