# TOCVAN EXPANDS EL MEZQUITE; DRILLING RETURNS 106.8 M OF 0.5 G/T AU

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/tocvan-expands-el-mezquite-drilling-returns-106-8-m-of-0-5-g-t-au--bb8ad33e-9b8c-4337-8f2c-27bf626dabf4

Original source: https://webfiles-primary.thecse.com/news_releases/neutral/798/d8060d36-741a-43e6-b063-eaf16fc307c2

Publisher: cse

Original announcement: 2026-09-30T22:04:15.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-30T23:03:17.454Z

Atlas analysis updated: 2026-09-30T23:03:17.454Z

- Company: Tocvan Ventures Corp.

- Ticker: TOC

- Exchange: CSE

- Region: Sonora, Mexico

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Drill results

- Extracted: 2026-09-30 23:03:18 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Tocvan Ventures announced new drill results from the El Mezquite trend at its Gran Pilar Gold-Silver Project in Sonora, Mexico. Hole JES-26-175, a 130-meter step-out, returned a broad near-surface interval of 106.8 meters grading 0.50 g/t gold and 3.5 g/t silver, within a larger 271.5-meter envelope of 0.26 g/t gold and 2.4 g/t silver. This result significantly expands the known mineralization along the El Mezquite corridor, which is now traced over 1,400 meters and is located near a permitted heap-leach pilot facility.

Reasoning: The drill results from hole JES-26-175 represent a significant step-out extension of the El Mezquite trend, demonstrating broad, near-surface gold-silver mineralization with grades considered strong for a potential heap-leach operation. The intercept of 106.75 m at 0.50 g/t Au and 3.46 g/t Ag, within a larger 271.45 m envelope, extends the known mineralization 130 m north of a previous discovery hole. While the gold grade is slightly below the project's historical average, the exceptional width and near-surface nature are highly positive, especially given the stated heap-leach cut-off grades. The silver grades are low compared to epithermal peers, but gold is the primary focus. The company has disclosed robust QA/QC procedures, but true widths are estimates.

- Positive factor: Step-Out Extension

- Positive factor: Broad Mineralization

- Positive factor: Good Grade for Open Pit/Heap Leach

- Positive factor: QA/QC Disclosed

- Negative factor: Apparent Width Only

Facts used in scoring: 18

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release includes a detailed 'Quality Assurance / Quality Control' section, mentioning certified labs, QP sign-off, and specific assay protocols.

Evidence · text

> Brodie A. Sutherland, Executive Chair for Tocvan Ventures Corp. and a qualified person \("QP"\) as defined by Canadian National Instrument 43-101, has reviewed and approved the technical information contained in this release. Quality Assurance / Quality Control Rock and Drill samples were shipped for sample preparation to ALS Limited in Hermosillo, Sonora, Mexico and for analysis at the ALS laboratory in North Vancouver. The ALS Hermosillo and North Vancouver facilities are ISO 9001 and ISO/IEC 17025 certified. Gold was analyzed using 50-gram nominal weight fire assay with atomic absorption spectroscopy finish. Over limits for gold \(&gt;10 g/t\), were analyzed using fire assay with a gravimetric finish. Silver and other elements were analyzed using a four-acid digestion with an ICP finish. Over limit analyses for silver \(&gt;100 g/t\) were re-assayed using an ore-grade four-acid digestion with ICP-AES finish. Control samples comprising certified reference samples and blank samples were systematically inserted into the sample stream and analyzed as part of the Company’s robust quality assurance / quality control protocol.

## Extracted facts

Stored fact records: 18. Some facts used in scoring do not have a stored record.

## Drill Results (18)

### JES-26-175

[Link to this fact](https://atlas-staging.minestarters.com/news/tocvan-expands-el-mezquite-drilling-returns-106-8-m-of-0-5-g-t-au--bb8ad33e-9b8c-4337-8f2c-27bf626dabf4#fact-drill-facts-0)

Gran Pilar · gold

#### Identity

- Hole ID: JES-26-175
- Project: Gran Pilar
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: TOC

#### Geometry

- Grade: 0.26
- Grade Unit: g/t
- Intercept: 271.45 m
- From: 1.53 m
- To: 272.98 m
- Hole Depth: 292.8 m
- Intercept Depth: 1.53 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: JES-26-175:1.53-272.98
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 619045
- Northing: 3144688
- Elevation: 467 m
- Azimuth: 90 °
- Dip: -45 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Limited
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This broad, near-surface gold intercept of 271.45 m at 0.26 g/t Au is significant for extending mineralization and is considered economic for a heap-leach operation, as highlighted by the CEO. Its location as a step-out from previous discovery holes adds to its novelty and materiality. The grade is moderate for gold but the width is exceptional.

- Positive factor: Broad Mineralization

- Positive factor: Near Surface

- Positive factor: Good Grade for Open Pit/Heap Leach

- Positive factor: Step-Out Extension

- Negative factor: Apparent Width Only

Evidence · table

> 0.26

Context: 271.45

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "TOCVAN EXPANDS EL MEZQUITE; DRILLING RETURNS 106.8 M OF 0.5 G/T AU 130m North of Discovery hole that returned 215m of 0."

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Hole JES-26-175 is collared approximately 130 metres north of discovery hole JES-26-155, extending continuous mineralization north.

Evidence · text

> Hole JES-26-175, collared approximately 130 metres north of discovery hole JES-26-155 \(215m of 0.6 g/t Au\), returned a broad, near-surface gold-silver interval

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The reported intervals are drilled widths, and true widths are unknown but estimated at 60–80% of drilled widths.

Evidence · text

> Reported intervals are drilled widths. True widths are unknown but estimated at 60–80% of drilled widths.

### JES-26-175

[Link to this fact](https://atlas-staging.minestarters.com/news/tocvan-expands-el-mezquite-drilling-returns-106-8-m-of-0-5-g-t-au--bb8ad33e-9b8c-4337-8f2c-27bf626dabf4#fact-drill-facts-1)

Gran Pilar · silver

#### Identity

- Hole ID: JES-26-175
- Project: Gran Pilar
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: TOC

#### Geometry

- Grade: 2.41
- Grade Unit: g/t
- Intercept: 271.45 m
- From: 1.53 m
- To: 272.98 m
- Hole Depth: 292.8 m
- Intercept Depth: 1.53 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: JES-26-175:1.53-272.98
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 619045
- Northing: 3144688
- Elevation: 467 m
- Azimuth: 90 °
- Dip: -45 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Limited
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The silver grade of 2.41 g/t over 271.45 m is low, especially when compared to epithermal silver peer deposits. While contributing to the overall polymetallic nature, it is not a primary driver of value for this intercept, but its broad nature is still positive.

- Positive factor: Broad Mineralization

- Positive factor: Near Surface

- Positive factor: Step-Out Extension

- Negative factor: Low Grade

- Negative factor: Apparent Width Only

Evidence · table

> 2.41

Context: 271.45

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "TOCVAN EXPANDS EL MEZQUITE; DRILLING RETURNS 106.8 M OF 0.5 G/T AU 130m North of Discovery hole that returned 215m of 0."

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Hole JES-26-175 is collared approximately 130 metres north of discovery hole JES-26-155, extending continuous mineralization north.

Evidence · text

> Hole JES-26-175, collared approximately 130 metres north of discovery hole JES-26-155 \(215m of 0.6 g/t Au\), returned a broad, near-surface gold-silver interval

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The reported intervals are drilled widths, and true widths are unknown but estimated at 60–80% of drilled widths.

Evidence · text

> Reported intervals are drilled widths. True widths are unknown but estimated at 60–80% of drilled widths.

### JES-26-175

[Link to this fact](https://atlas-staging.minestarters.com/news/tocvan-expands-el-mezquite-drilling-returns-106-8-m-of-0-5-g-t-au--bb8ad33e-9b8c-4337-8f2c-27bf626dabf4#fact-drill-facts-2)

Gran Pilar · gold

#### Identity

- Hole ID: JES-26-175
- Project: Gran Pilar
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: TOC

#### Geometry

- Grade: 0.5
- Grade Unit: g/t
- Intercept: 106.75 m
- From: 48.8 m
- To: 155.55 m
- Hole Depth: 292.8 m
- Intercept Depth: 1.53 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: JES-26-175:48.8-155.55
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 619045
- Northing: 3144688
- Elevation: 467 m
- Azimuth: 90 °
- Dip: -45 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Limited
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This significant gold intercept of 106.75 m at 0.50 g/t Au is a strong result, especially for a heap-leach scenario, and contributes materially to the extension of the El Mezquite trend. The grade is moderate but the width is exceptional, resulting in a strong GT product.

- Positive factor: Broad Mineralization

- Positive factor: Good Grade for Open Pit/Heap Leach

- Positive factor: Step-Out Extension

- Negative factor: Apparent Width Only

Evidence · table

> 0.50

Context: 106.75

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "TOCVAN EXPANDS EL MEZQUITE; DRILLING RETURNS 106.8 M OF 0.5 G/T AU 130m North of Discovery hole that returned 215m of 0."

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Hole JES-26-175 is collared approximately 130 metres north of discovery hole JES-26-155, extending continuous mineralization north.

Evidence · text

> Hole JES-26-175, collared approximately 130 metres north of discovery hole JES-26-155 \(215m of 0.6 g/t Au\), returned a broad, near-surface gold-silver interval

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The reported intervals are drilled widths, and true widths are unknown but estimated at 60–80% of drilled widths.

Evidence · text

> Reported intervals are drilled widths. True widths are unknown but estimated at 60–80% of drilled widths.

### JES-26-175

[Link to this fact](https://atlas-staging.minestarters.com/news/tocvan-expands-el-mezquite-drilling-returns-106-8-m-of-0-5-g-t-au--bb8ad33e-9b8c-4337-8f2c-27bf626dabf4#fact-drill-facts-3)

Gran Pilar · silver

#### Identity

- Hole ID: JES-26-175
- Project: Gran Pilar
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: TOC

#### Geometry

- Grade: 3.46
- Grade Unit: g/t
- Intercept: 106.75 m
- From: 48.8 m
- To: 155.55 m
- Hole Depth: 292.8 m
- Intercept Depth: 1.53 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: JES-26-175:48.8-155.55
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 619045
- Northing: 3144688
- Elevation: 467 m
- Azimuth: 90 °
- Dip: -45 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Limited
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The silver grade of 3.46 g/t over 106.75 m is low, especially when compared to epithermal silver peer deposits. While contributing to the overall polymetallic nature, it is not a primary driver of value for this intercept, but its broad nature is still positive.

- Positive factor: Broad Mineralization

- Positive factor: Step-Out Extension

- Negative factor: Low Grade

- Negative factor: Apparent Width Only

Evidence · table

> 3.46

Context: 106.75

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "TOCVAN EXPANDS EL MEZQUITE; DRILLING RETURNS 106.8 M OF 0.5 G/T AU 130m North of Discovery hole that returned 215m of 0."

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Hole JES-26-175 is collared approximately 130 metres north of discovery hole JES-26-155, extending continuous mineralization north.

Evidence · text

> Hole JES-26-175, collared approximately 130 metres north of discovery hole JES-26-155 \(215m of 0.6 g/t Au\), returned a broad, near-surface gold-silver interval

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The reported intervals are drilled widths, and true widths are unknown but estimated at 60–80% of drilled widths.

Evidence · text

> Reported intervals are drilled widths. True widths are unknown but estimated at 60–80% of drilled widths.

### JES-26-175

[Link to this fact](https://atlas-staging.minestarters.com/news/tocvan-expands-el-mezquite-drilling-returns-106-8-m-of-0-5-g-t-au--bb8ad33e-9b8c-4337-8f2c-27bf626dabf4#fact-drill-facts-4)

Gran Pilar · gold

#### Identity

- Hole ID: JES-26-175
- Project: Gran Pilar
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: TOC

#### Geometry

- Grade: 0.68
- Grade Unit: g/t
- Intercept: 27.45 m
- From: 51.85 m
- To: 79.3 m
- Hole Depth: 292.8 m
- Intercept Depth: 1.53 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: JES-26-175:51.85-79.3
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 619045
- Northing: 3144688
- Elevation: 467 m
- Azimuth: 90 °
- Dip: -45 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Limited
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This gold intercept of 27.45 m at 0.68 g/t Au is a strong result, particularly for a heap-leach operation, and contributes to the overall positive interpretation of the step-out hole.

- Positive factor: Good Grade for Open Pit/Heap Leach

- Positive factor: Step-Out Extension

- Negative factor: Apparent Width Only

Evidence · table

> 0.68

Context: 27.45

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "TOCVAN EXPANDS EL MEZQUITE; DRILLING RETURNS 106.8 M OF 0.5 G/T AU 130m North of Discovery hole that returned 215m of 0."

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Hole JES-26-175 is collared approximately 130 metres north of discovery hole JES-26-155, extending continuous mineralization north.

Evidence · text

> Hole JES-26-175, collared approximately 130 metres north of discovery hole JES-26-155 \(215m of 0.6 g/t Au\), returned a broad, near-surface gold-silver interval

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The reported intervals are drilled widths, and true widths are unknown but estimated at 60–80% of drilled widths.

Evidence · text

> Reported intervals are drilled widths. True widths are unknown but estimated at 60–80% of drilled widths.

### JES-26-175

[Link to this fact](https://atlas-staging.minestarters.com/news/tocvan-expands-el-mezquite-drilling-returns-106-8-m-of-0-5-g-t-au--bb8ad33e-9b8c-4337-8f2c-27bf626dabf4#fact-drill-facts-5)

Gran Pilar · silver

#### Identity

- Hole ID: JES-26-175
- Project: Gran Pilar
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: TOC

#### Geometry

- Grade: 4.56
- Grade Unit: g/t
- Intercept: 27.45 m
- From: 51.85 m
- To: 79.3 m
- Hole Depth: 292.8 m
- Intercept Depth: 1.53 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: JES-26-175:51.85-79.3
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 619045
- Northing: 3144688
- Elevation: 467 m
- Azimuth: 90 °
- Dip: -45 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Limited
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The silver grade of 4.56 g/t over 27.45 m is low, especially when compared to epithermal silver peer deposits. While contributing to the overall polymetallic nature, it is not a primary driver of value for this intercept.

- Positive factor: Step-Out Extension

- Negative factor: Low Grade

- Negative factor: Apparent Width Only

Evidence · table

> 4.56

Context: 27.45

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "TOCVAN EXPANDS EL MEZQUITE; DRILLING RETURNS 106.8 M OF 0.5 G/T AU 130m North of Discovery hole that returned 215m of 0."

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Hole JES-26-175 is collared approximately 130 metres north of discovery hole JES-26-155, extending continuous mineralization north.

Evidence · text

> Hole JES-26-175, collared approximately 130 metres north of discovery hole JES-26-155 \(215m of 0.6 g/t Au\), returned a broad, near-surface gold-silver interval

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The reported intervals are drilled widths, and true widths are unknown but estimated at 60–80% of drilled widths.

Evidence · text

> Reported intervals are drilled widths. True widths are unknown but estimated at 60–80% of drilled widths.

### JES-26-175

[Link to this fact](https://atlas-staging.minestarters.com/news/tocvan-expands-el-mezquite-drilling-returns-106-8-m-of-0-5-g-t-au--bb8ad33e-9b8c-4337-8f2c-27bf626dabf4#fact-drill-facts-6)

Gran Pilar · gold

#### Identity

- Hole ID: JES-26-175
- Project: Gran Pilar
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: TOC

#### Geometry

- Grade: 0.97
- Grade Unit: g/t
- Intercept: 16.78 m
- From: 131.15 m
- To: 147.93 m
- Hole Depth: 292.8 m
- Intercept Depth: 1.53 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: JES-26-175:131.15-147.93
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 619045
- Northing: 3144688
- Elevation: 467 m
- Azimuth: 90 °
- Dip: -45 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Limited
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This gold intercept of 16.78 m at 0.97 g/t Au is a strong result, particularly for a heap-leach operation, and contributes to the overall positive interpretation of the step-out hole.

- Positive factor: Good Grade for Open Pit/Heap Leach

- Positive factor: Step-Out Extension

- Negative factor: Apparent Width Only

Evidence · table

> 0.97

Context: 16.78

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "TOCVAN EXPANDS EL MEZQUITE; DRILLING RETURNS 106.8 M OF 0.5 G/T AU 130m North of Discovery hole that returned 215m of 0."

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Hole JES-26-175 is collared approximately 130 metres north of discovery hole JES-26-155, extending continuous mineralization north.

Evidence · text

> Hole JES-26-175, collared approximately 130 metres north of discovery hole JES-26-155 \(215m of 0.6 g/t Au\), returned a broad, near-surface gold-silver interval

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The reported intervals are drilled widths, and true widths are unknown but estimated at 60–80% of drilled widths.

Evidence · text

> Reported intervals are drilled widths. True widths are unknown but estimated at 60–80% of drilled widths.

### JES-26-175

[Link to this fact](https://atlas-staging.minestarters.com/news/tocvan-expands-el-mezquite-drilling-returns-106-8-m-of-0-5-g-t-au--bb8ad33e-9b8c-4337-8f2c-27bf626dabf4#fact-drill-facts-7)

Gran Pilar · silver

#### Identity

- Hole ID: JES-26-175
- Project: Gran Pilar
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: TOC

#### Geometry

- Grade: 3.5
- Grade Unit: g/t
- Intercept: 16.78 m
- From: 131.15 m
- To: 147.93 m
- Hole Depth: 292.8 m
- Intercept Depth: 1.53 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: JES-26-175:131.15-147.93
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 619045
- Northing: 3144688
- Elevation: 467 m
- Azimuth: 90 °
- Dip: -45 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Limited
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The silver grade of 3.50 g/t over 16.78 m is low, especially when compared to epithermal silver peer deposits. While contributing to the overall polymetallic nature, it is not a primary driver of value for this intercept.

- Positive factor: Step-Out Extension

- Negative factor: Low Grade

- Negative factor: Apparent Width Only

Evidence · table

> 3.50

Context: 16.78

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "TOCVAN EXPANDS EL MEZQUITE; DRILLING RETURNS 106.8 M OF 0.5 G/T AU 130m North of Discovery hole that returned 215m of 0."

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Hole JES-26-175 is collared approximately 130 metres north of discovery hole JES-26-155, extending continuous mineralization north.

Evidence · text

> Hole JES-26-175, collared approximately 130 metres north of discovery hole JES-26-155 \(215m of 0.6 g/t Au\), returned a broad, near-surface gold-silver interval

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The reported intervals are drilled widths, and true widths are unknown but estimated at 60–80% of drilled widths.

Evidence · text

> Reported intervals are drilled widths. True widths are unknown but estimated at 60–80% of drilled widths.

### JES-26-175

[Link to this fact](https://atlas-staging.minestarters.com/news/tocvan-expands-el-mezquite-drilling-returns-106-8-m-of-0-5-g-t-au--bb8ad33e-9b8c-4337-8f2c-27bf626dabf4#fact-drill-facts-8)

Gran Pilar · gold

#### Identity

- Hole ID: JES-26-175
- Project: Gran Pilar
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: TOC

#### Geometry

- Grade: 0.78
- Grade Unit: g/t
- Intercept: 3.05 m
- From: 170.8 m
- To: 173.85 m
- Hole Depth: 292.8 m
- Intercept Depth: 1.53 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: JES-26-175:170.8-173.85
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 619045
- Northing: 3144688
- Elevation: 467 m
- Azimuth: 90 °
- Dip: -45 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Limited
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This gold intercept of 3.05 m at 0.78 g/t Au is a good grade for a heap-leach operation, but its narrow width makes it less material than the broader intercepts in the hole.

- Positive factor: Good Grade for Open Pit/Heap Leach

- Positive factor: Step-Out Extension

- Negative factor: Narrow Intercept

- Negative factor: Apparent Width Only

Evidence · table

> 0.78

Context: 3.05

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "TOCVAN EXPANDS EL MEZQUITE; DRILLING RETURNS 106.8 M OF 0.5 G/T AU 130m North of Discovery hole that returned 215m of 0."

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Hole JES-26-175 is collared approximately 130 metres north of discovery hole JES-26-155, extending continuous mineralization north.

Evidence · text

> Hole JES-26-175, collared approximately 130 metres north of discovery hole JES-26-155 \(215m of 0.6 g/t Au\), returned a broad, near-surface gold-silver interval

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The reported intervals are drilled widths, and true widths are unknown but estimated at 60–80% of drilled widths.

Evidence · text

> Reported intervals are drilled widths. True widths are unknown but estimated at 60–80% of drilled widths.

### JES-26-175

[Link to this fact](https://atlas-staging.minestarters.com/news/tocvan-expands-el-mezquite-drilling-returns-106-8-m-of-0-5-g-t-au--bb8ad33e-9b8c-4337-8f2c-27bf626dabf4#fact-drill-facts-9)

Gran Pilar · silver

#### Identity

- Hole ID: JES-26-175
- Project: Gran Pilar
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: TOC

#### Geometry

- Grade: 6.35
- Grade Unit: g/t
- Intercept: 3.05 m
- From: 170.8 m
- To: 173.85 m
- Hole Depth: 292.8 m
- Intercept Depth: 1.53 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: JES-26-175:170.8-173.85
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 619045
- Northing: 3144688
- Elevation: 467 m
- Azimuth: 90 °
- Dip: -45 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Limited
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The silver grade of 6.35 g/t over 3.05 m is low and narrow, making it less material than other intercepts in the hole, especially when compared to epithermal silver peer deposits.

- Positive factor: Step-Out Extension

- Negative factor: Low Grade

- Negative factor: Narrow Intercept

- Negative factor: Apparent Width Only

Evidence · table

> 6.35

Context: 3.05

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "TOCVAN EXPANDS EL MEZQUITE; DRILLING RETURNS 106.8 M OF 0.5 G/T AU 130m North of Discovery hole that returned 215m of 0."

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Hole JES-26-175 is collared approximately 130 metres north of discovery hole JES-26-155, extending continuous mineralization north.

Evidence · text

> Hole JES-26-175, collared approximately 130 metres north of discovery hole JES-26-155 \(215m of 0.6 g/t Au\), returned a broad, near-surface gold-silver interval

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The reported intervals are drilled widths, and true widths are unknown but estimated at 60–80% of drilled widths.

Evidence · text

> Reported intervals are drilled widths. True widths are unknown but estimated at 60–80% of drilled widths.

### JES-26-175

[Link to this fact](https://atlas-staging.minestarters.com/news/tocvan-expands-el-mezquite-drilling-returns-106-8-m-of-0-5-g-t-au--bb8ad33e-9b8c-4337-8f2c-27bf626dabf4#fact-drill-facts-10)

Gran Pilar · gold

#### Identity

- Hole ID: JES-26-175
- Project: Gran Pilar
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: TOC

#### Geometry

- Grade: 1.11
- Grade Unit: g/t
- Intercept: 3.05 m
- From: 183 m
- To: 186.05 m
- Hole Depth: 292.8 m
- Intercept Depth: 1.53 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: JES-26-175:183-186.05
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 619045
- Northing: 3144688
- Elevation: 467 m
- Azimuth: 90 °
- Dip: -45 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Limited
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This gold intercept of 3.05 m at 1.11 g/t Au is a good grade for a heap-leach operation, but its narrow width makes it less material than the broader intercepts in the hole.

- Positive factor: Good Grade for Open Pit/Heap Leach

- Positive factor: Step-Out Extension

- Negative factor: Narrow Intercept

- Negative factor: Apparent Width Only

Evidence · table

> 1.11

Context: 3.05

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "TOCVAN EXPANDS EL MEZQUITE; DRILLING RETURNS 106.8 M OF 0.5 G/T AU 130m North of Discovery hole that returned 215m of 0."

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Hole JES-26-175 is collared approximately 130 metres north of discovery hole JES-26-155, extending continuous mineralization north.

Evidence · text

> Hole JES-26-175, collared approximately 130 metres north of discovery hole JES-26-155 \(215m of 0.6 g/t Au\), returned a broad, near-surface gold-silver interval

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The reported intervals are drilled widths, and true widths are unknown but estimated at 60–80% of drilled widths.

Evidence · text

> Reported intervals are drilled widths. True widths are unknown but estimated at 60–80% of drilled widths.

### JES-26-175

[Link to this fact](https://atlas-staging.minestarters.com/news/tocvan-expands-el-mezquite-drilling-returns-106-8-m-of-0-5-g-t-au--bb8ad33e-9b8c-4337-8f2c-27bf626dabf4#fact-drill-facts-11)

Gran Pilar · silver

#### Identity

- Hole ID: JES-26-175
- Project: Gran Pilar
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: TOC

#### Geometry

- Grade: 23.43
- Grade Unit: g/t
- Intercept: 3.05 m
- From: 183 m
- To: 186.05 m
- Hole Depth: 292.8 m
- Intercept Depth: 1.53 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: JES-26-175:183-186.05
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 619045
- Northing: 3144688
- Elevation: 467 m
- Azimuth: 90 °
- Dip: -45 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Limited
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The silver grade of 23.43 g/t over 3.05 m is moderate for silver, but its narrow width makes it less material than other intercepts in the hole, and it is still low compared to epithermal silver peer deposits.

- Positive factor: Step-Out Extension

- Negative factor: Low Grade

- Negative factor: Narrow Intercept

- Negative factor: Apparent Width Only

Evidence · table

> 23.43

Context: 3.05

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "TOCVAN EXPANDS EL MEZQUITE; DRILLING RETURNS 106.8 M OF 0.5 G/T AU 130m North of Discovery hole that returned 215m of 0."

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Hole JES-26-175 is collared approximately 130 metres north of discovery hole JES-26-155, extending continuous mineralization north.

Evidence · text

> Hole JES-26-175, collared approximately 130 metres north of discovery hole JES-26-155 \(215m of 0.6 g/t Au\), returned a broad, near-surface gold-silver interval

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The reported intervals are drilled widths, and true widths are unknown but estimated at 60–80% of drilled widths.

Evidence · text

> Reported intervals are drilled widths. True widths are unknown but estimated at 60–80% of drilled widths.

### JES-26-175

[Link to this fact](https://atlas-staging.minestarters.com/news/tocvan-expands-el-mezquite-drilling-returns-106-8-m-of-0-5-g-t-au--bb8ad33e-9b8c-4337-8f2c-27bf626dabf4#fact-drill-facts-12)

Gran Pilar · gold

#### Identity

- Hole ID: JES-26-175
- Project: Gran Pilar
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: TOC

#### Geometry

- Grade: 0.16
- Grade Unit: g/t
- Intercept: 7.63 m
- From: 254.68 m
- To: 262.3 m
- Hole Depth: 292.8 m
- Intercept Depth: 1.53 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: JES-26-175:254.68-262.3
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 619045
- Northing: 3144688
- Elevation: 467 m
- Azimuth: 90 °
- Dip: -45 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Limited
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This gold intercept of 7.63 m at 0.16 g/t Au is a low grade, but still above typical heap-leach cut-offs, contributing to the overall broad mineralization in the step-out hole.

- Positive factor: Step-Out Extension

- Negative factor: Low Grade

- Negative factor: Apparent Width Only

Evidence · table

> 0.16

Context: 7.63

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "TOCVAN EXPANDS EL MEZQUITE; DRILLING RETURNS 106.8 M OF 0.5 G/T AU 130m North of Discovery hole that returned 215m of 0."

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Hole JES-26-175 is collared approximately 130 metres north of discovery hole JES-26-155, extending continuous mineralization north.

Evidence · text

> Hole JES-26-175, collared approximately 130 metres north of discovery hole JES-26-155 \(215m of 0.6 g/t Au\), returned a broad, near-surface gold-silver interval

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The reported intervals are drilled widths, and true widths are unknown but estimated at 60–80% of drilled widths.

Evidence · text

> Reported intervals are drilled widths. True widths are unknown but estimated at 60–80% of drilled widths.

### JES-26-175

[Link to this fact](https://atlas-staging.minestarters.com/news/tocvan-expands-el-mezquite-drilling-returns-106-8-m-of-0-5-g-t-au--bb8ad33e-9b8c-4337-8f2c-27bf626dabf4#fact-drill-facts-13)

Gran Pilar · silver

#### Identity

- Hole ID: JES-26-175
- Project: Gran Pilar
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: TOC

#### Geometry

- Grade: 3.08
- Grade Unit: g/t
- Intercept: 7.63 m
- From: 254.68 m
- To: 262.3 m
- Hole Depth: 292.8 m
- Intercept Depth: 1.53 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: JES-26-175:254.68-262.3
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 619045
- Northing: 3144688
- Elevation: 467 m
- Azimuth: 90 °
- Dip: -45 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Limited
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The silver grade of 3.08 g/t over 7.63 m is low, especially when compared to epithermal silver peer deposits. While contributing to the overall polymetallic nature, it is not a primary driver of value for this intercept.

- Positive factor: Step-Out Extension

- Negative factor: Low Grade

- Negative factor: Apparent Width Only

Evidence · table

> 3.08

Context: 7.63

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "TOCVAN EXPANDS EL MEZQUITE; DRILLING RETURNS 106.8 M OF 0.5 G/T AU 130m North of Discovery hole that returned 215m of 0."

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Hole JES-26-175 is collared approximately 130 metres north of discovery hole JES-26-155, extending continuous mineralization north.

Evidence · text

> Hole JES-26-175, collared approximately 130 metres north of discovery hole JES-26-155 \(215m of 0.6 g/t Au\), returned a broad, near-surface gold-silver interval

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The reported intervals are drilled widths, and true widths are unknown but estimated at 60–80% of drilled widths.

Evidence · text

> Reported intervals are drilled widths. True widths are unknown but estimated at 60–80% of drilled widths.

### JES-26-175

[Link to this fact](https://atlas-staging.minestarters.com/news/tocvan-expands-el-mezquite-drilling-returns-106-8-m-of-0-5-g-t-au--bb8ad33e-9b8c-4337-8f2c-27bf626dabf4#fact-drill-facts-14)

Gran Pilar · gold

#### Identity

- Hole ID: JES-26-175
- Project: Gran Pilar
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: TOC

#### Geometry

- Grade: 0.34
- Grade Unit: g/t
- Intercept: 6.1 m
- From: 266.88 m
- To: 272.98 m
- Hole Depth: 292.8 m
- Intercept Depth: 1.53 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: JES-26-175:266.88-272.98
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 619045
- Northing: 3144688
- Elevation: 467 m
- Azimuth: 90 °
- Dip: -45 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Limited
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This gold intercept of 6.10 m at 0.34 g/t Au is a low grade, but still above typical heap-leach cut-offs, contributing to the overall broad mineralization in the step-out hole.

- Positive factor: Step-Out Extension

- Negative factor: Low Grade

- Negative factor: Apparent Width Only

Evidence · table

> 0.34

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "TOCVAN EXPANDS EL MEZQUITE; DRILLING RETURNS 106.8 M OF 0.5 G/T AU 130m North of Discovery hole that returned 215m of 0."

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Hole JES-26-175 is collared approximately 130 metres north of discovery hole JES-26-155, extending continuous mineralization north.

Evidence · text

> Hole JES-26-175, collared approximately 130 metres north of discovery hole JES-26-155 \(215m of 0.6 g/t Au\), returned a broad, near-surface gold-silver interval

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The reported intervals are drilled widths, and true widths are unknown but estimated at 60–80% of drilled widths.

Evidence · text

> Reported intervals are drilled widths. True widths are unknown but estimated at 60–80% of drilled widths.

### JES-26-175

[Link to this fact](https://atlas-staging.minestarters.com/news/tocvan-expands-el-mezquite-drilling-returns-106-8-m-of-0-5-g-t-au--bb8ad33e-9b8c-4337-8f2c-27bf626dabf4#fact-drill-facts-15)

Gran Pilar · silver

#### Identity

- Hole ID: JES-26-175
- Project: Gran Pilar
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: TOC

#### Geometry

- Grade: 3
- Grade Unit: g/t
- Intercept: 6.1 m
- From: 266.88 m
- To: 272.98 m
- Hole Depth: 292.8 m
- Intercept Depth: 1.53 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: JES-26-175:266.88-272.98
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 619045
- Northing: 3144688
- Elevation: 467 m
- Azimuth: 90 °
- Dip: -45 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Limited
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The silver grade of 3.00 g/t over 6.10 m is low, especially when compared to epithermal silver peer deposits. While contributing to the overall polymetallic nature, it is not a primary driver of value for this intercept.

- Positive factor: Step-Out Extension

- Negative factor: Low Grade

- Negative factor: Apparent Width Only

Evidence · table

> 3.00

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "TOCVAN EXPANDS EL MEZQUITE; DRILLING RETURNS 106.8 M OF 0.5 G/T AU 130m North of Discovery hole that returned 215m of 0."

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Hole JES-26-175 is collared approximately 130 metres north of discovery hole JES-26-155, extending continuous mineralization north.

Evidence · text

> Hole JES-26-175, collared approximately 130 metres north of discovery hole JES-26-155 \(215m of 0.6 g/t Au\), returned a broad, near-surface gold-silver interval

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The reported intervals are drilled widths, and true widths are unknown but estimated at 60–80% of drilled widths.

Evidence · text

> Reported intervals are drilled widths. True widths are unknown but estimated at 60–80% of drilled widths.

### JES-26-155

[Link to this fact](https://atlas-staging.minestarters.com/news/tocvan-expands-el-mezquite-drilling-returns-106-8-m-of-0-5-g-t-au--bb8ad33e-9b8c-4337-8f2c-27bf626dabf4#fact-drill-facts-16)

Gran Pilar · gold

#### Identity

- Hole ID: JES-26-155
- Project: Gran Pilar
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: TOC

#### Geometry

- Grade: 0.3
- Grade Unit: g/t
- Intercept: 271.5 m
- From: 1.5 m
- To: 273 m

#### Classification

- Deposit Type: epithermal
- Sample Type: drill

#### Location

- Location: Main Zone
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Limited
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This broad, near-surface gold intercept of 271.45 m at 0.26 g/t Au is significant for extending mineralization and is considered economic for a heap-leach operation, as highlighted by the CEO. Its location as a step-out from previous discovery holes adds to its novelty and materiality. The grade is moderate for gold but the width is exceptional.

- Positive factor: Broad Mineralization

- Positive factor: Near Surface

- Positive factor: Good Grade for Open Pit/Heap Leach

- Positive factor: Step-Out Extension

- Negative factor: Apparent Width Only

Evidence · text

> 271.5 metres grading 0.3 g/t Au and 2.4 g/t Ag from 1.5 metres

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "TOCVAN EXPANDS EL MEZQUITE; DRILLING RETURNS 106.8 M OF 0.5 G/T AU 130m North of Discovery hole that returned 215m of 0."

### JES-26-172

[Link to this fact](https://atlas-staging.minestarters.com/news/tocvan-expands-el-mezquite-drilling-returns-106-8-m-of-0-5-g-t-au--bb8ad33e-9b8c-4337-8f2c-27bf626dabf4#fact-drill-facts-17)

Gran Pilar · gold

#### Identity

- Hole ID: JES-26-172
- Project: Gran Pilar
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: TOC

#### Geometry

- Grade: 0.5
- Grade Unit: g/t
- Intercept: 81.1 m
- From: 13.5 m
- To: 94.6 m

#### Classification

- Deposit Type: epithermal
- Sample Type: drill

#### Location

- Location: Main Zone
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Limited
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This broad, near-surface gold intercept of 271.45 m at 0.26 g/t Au is significant for extending mineralization and is considered economic for a heap-leach operation, as highlighted by the CEO. Its location as a step-out from previous discovery holes adds to its novelty and materiality. The grade is moderate for gold but the width is exceptional.

- Positive factor: Broad Mineralization

- Positive factor: Near Surface

- Positive factor: Good Grade for Open Pit/Heap Leach

- Positive factor: Step-Out Extension

- Negative factor: Apparent Width Only

Evidence · text

> 81.1 m of 0.5 g/t Au from 13.5 m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "TOCVAN EXPANDS EL MEZQUITE; DRILLING RETURNS 106.8 M OF 0.5 G/T AU 130m North of Discovery hole that returned 215m of 0."

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
