Tocvan Ventures was the only company to release drilling results in Mexico during the week, providing information on its reverse circulation program at the Pilar project in Sonora.

The Pilar project is located on the Suaqui Grande district, which is know mainly by the porphyry copper mineralization present at the Cuatro Hermanos and Suaqui Verde projects, but that also hosts more than a few occurrences of interesting breccias and vein systems that have seen small scale mining. At Pilar gold-silver mineralization occurs in a zone of strong argillic alteration with local overprinting silicification and weak sericitization in volcanic rocks, probably a distal part of a porphyry copper system. The geochemical signature on drill holes includes anomalous Cu (up to 0.3%), Pb (up to 261 ppm), Zn (up to 449 ppm), As (up to 0.24%), Mo (up to 24 ppm) and Sb (up to 43 ppm). According to Tocvan on their website: “Veins on the property which consist of quartz and lesser carbonate and, in one case, gypsum. Sulphide mineralization is low to moderate in the gold and silver bearing zones being primarily pyrite and lesser pyrrhotite which weathers to bright red hematite. Better gold grades are interpreted to be associated with the most intense silicification and in other instances higher gold grades are associated with the occurrence of hematite on fracture surfaces.”

The current results although, not impressive, prove the continuation of mineralization 130 m along the trend of the North Hill Trend, hitting a “blind zone of mineralization starting at 42.7-meters (21-meters from surface).”