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Samples Include 5.6 g/t Au and 106 g/t Ag, 4.5-kilometers from Pilar
Highlights
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October 19 thhere:TOC WebinarRock Grab Sampling in Expansion Area Yields:
NEW Surface Discovery, 4.5-km from Pilar -5.6 g/t Au and 106 g/t Ag
Samples Immediately North of Pilar Yield:
3.5 g/t Au and 645 g/t Ag
1.8 g/t Au and 177 g/t Ag
Historic sampling from dataset, 10 g/t Au
NEW Targets Will Be Quickly Advanced for Drilling
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Figure 1.Summary of Pilar Expansion Area Sampling. Large hydrothermal alteration cells, recent placer mining and similar geology to Pilar all indicate the area is highly prospective for Au-Ag and Cu mineralization. The area has never seen systematic Au-Ag exploration.
“Initial due diligence was completed to get a sense for the area, to quicky see those results yield high values for gold and silver showcases the true potential beyond Pilar.” stated
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Figure 2. Highlights of Pilar Expansion Area Sampling with satellite ASTER interpretation data denoting alteration mineralogy. Base image from Google Earth.
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Figure 3. High-grade sample 494827 returned 5.6 g/t Au and 106 g/t Ag hosted in a strongly silicified and fractured andesite with boxwork pyrite.
Table 1. Summary of rock samples collected across the Pilar Property during reconnaissance sampling.
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About the Pilar Property
The
2022 Phase III Diamond Drilling Highlights include (all lengths are drilled thicknesses):
116.9m @ 1.2 g/t Au, including 10.2m @ 12 g/t Au and 23 g/t Ag
108.9m @ 0.8 g/t Au, including 9.4m @ 7.6 g/t Au and 5 g/t Ag
63.4m @ 0.6 g/t Au and 11 g/t Ag, including 29.9m @ 0.9 g/t Au and 18 g/t Ag
2021 Phase II RC Drilling Highlights include (all lengths are drilled thicknesses):
39.7m @ 1.0 g/t Au, including 1.5m @ 14.6 g/t Au
47.7m @ 0.7 g/t Au including 3m @ 5.6 g/t Au and 22 g/t Ag
29m @ 0.7 g/t Au
35.1m @ 0.7 g/t Au
2020 Phase I RC DrillingHighlights include (all lengths are drilled thicknesses
94.6m @ 1.6 g/t Au, including 9.2m @ 10.8 g/t Au and 38 g/t Ag;
41.2m @ 1.1 g/t Au, including 3.1m @ 6.0 g/t Au and 12 g/t Ag;
24.4m @ 2.5 g/t Au and 73 g/t Ag, including 1.5m @ 33.4 g/t Au and 1,090 g/t Ag
15,000m of Historic Core RC drilling. Highlights include:
61.0m @ 0.8 g/t Au
16.5m @ 53.5 g/t Au and 53 g/t Ag
13.0m @ 9.6 g/t Au
9.0m @ 10.2 g/t Au and 46 g/t Ag
About
Quality Assurance / Quality Control
Rock chip grab samples were shipped for sample preparation to ALS Limited in
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Telephone: 1 888 772 2452
Email:ir@tocvan.ca
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