During the fourth week of March two companies released results from their drilling campaign on one project in Mexico.

Tocvan Ventures and Colibri Resource presented results from two more diamond holes at its Gran Pilar (Tocvan)/El Pilar (Colibri Resource) project in Sonora. Ten core drillholes totaling 1,167.5 m were completed earlier this year within the majority owned (51%) Main Zone held by Tocvan in partnership with Colibri.

The high-grade intercept in this news release is significant by “its location 300 meters east of the Main Zone Trend in line with the North Hill Trend, making it the first discovery of high-grade gold mineralization along the southern end of this corridor”.

Mineralization appears to be of epithermal/mesothermal character, probably distal to a porphyry copper system, of which there are several examples in the region.