TOCVAN REPORTS POSITIVE CLOSED-CIRCUIT COLUMN LEACH RESULTS AT GRAN PILAR

Original announcement by cse on

Company
Tocvan Ventures Corp.
Ticker
TOC
Exchange
CSE
Region
Sonora, Mexico
Primary commodity
Gold
Secondary commodities
Silver, Copper
Document categories
Metallurgy
Extracted
2026-09-30 23:03:09 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Tocvan Ventures has reported positive closed-circuit column leach results for the Gran Pilar Gold-Silver Project, achieving up to 82.3% gold and 58.0% silver extraction. The tests indicate that a finer crush (P80 3/8") optimizes recovery and that non-agglomerated ore is more efficient due to lower cyanide consumption. These results support the company's planned 50,000-tonne heap-leach pilot facility.

Reasoning: The column leach results demonstrate strong gold and silver recoveries (up to 82% Au and 58% Ag) using a heap-leach route, which is a significant de-risking milestone for the upcoming 50,000-tonne pilot facility.

Positive factors

  • High gold recovery (up to 82.3%) in column leach
  • Finer crush (P80 3/8") significantly improves gold extraction
  • Non-agglomerated ore shows lower cyanide consumption
  • Results represent a clear improvement over 2023 bulk-sample heap test
  • Low copper interference noted

Negative factors

  • Agglomeration increases cyanide consumption without material recovery benefit

Facts used in scoring: 8

Classification and evidence

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Gold recovery up to 82.25% in column leach is strong for a heap leach route.

Evidence · table

“82.25”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: The tests were conducted using column leach (heap leach) methodology.

Evidence · text

“closed-circuit column leach metallurgical program”

QA/QC Disclosedpositive · Story-specific tag

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

Why it applies: Release mentions LTM is ISO/IEC 17025:2017 and ISO 9001:2015 certified.

Evidence · text

“LTM ISO/IEC 17025:2017 and ISO 9001:2015”

QP/CP Signedpositive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Brodie A. Sutherland, a qualified person (QP), has reviewed and approved the technical information.

Evidence · text

“Brodie A. Sutherland... a qualified person ("QP")”

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: the document describes a heap_leach route ("heap leaching")

Multi-Domain Testedpositive

Variability across ore domains (oxide, transition, fresh) has been addressed.

Why it applies: 4 distinct composites were tested

Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

Metallurgical Results (8)

column leachGran Pilar Gold-Silver Project · goldRecovery: 76.41 %View all details
Link to this fact

Identity

Project
Gran Pilar Gold-Silver Project
Commodity
gold
Region
mexico
Reported Region
Sonora, Mexico
Ticker
TOC

Test Work

Program Status
detailed
Test Type
column leach
Processing Route
heap leach
Sample
CL-01 3/4" agglomerated column

Recovery

Recovery
76.41 %
Recovery Basis
actual_test

Lab

Laboratory
Laboratorio Tecnológico de Metalurgia S.A. de C.V.

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Standard recovery for a 3/4" crush size.

Evidence · table

“76.41”

Context: CL-01 3/4" Yes

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 76.41% is at or above the exceptional band (75%)

column leachGran Pilar Gold-Silver Project · silverRecovery: 52.44 %View all details
Link to this fact

Identity

Project
Gran Pilar Gold-Silver Project
Commodity
silver
Region
mexico
Reported Region
Sonora, Mexico
Ticker
TOC

Test Work

Program Status
detailed
Test Type
column leach
Processing Route
heap leach
Sample
CL-01 3/4" agglomerated column

Recovery

Recovery
52.44 %
Recovery Basis
actual_test

Lab

Laboratory
Laboratorio Tecnológico de Metalurgia S.A. de C.V.

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Standard silver recovery for this crush size.

Evidence · table

“52.44”

Context: CL-01 3/4" Yes

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

Low Recoverynegative

Recovery below the weak band for the commodity and processing route.

Why it applies: 52.44% is below the weak band (75%)

column leachGran Pilar Gold-Silver Project · goldRecovery: 75.36 %View all details
Link to this fact

Identity

Project
Gran Pilar Gold-Silver Project
Commodity
gold
Region
mexico
Reported Region
Sonora, Mexico
Ticker
TOC

Test Work

Program Status
detailed
Test Type
column leach
Processing Route
heap leach
Sample
CL-02 3/4" non-agglomerated column

Recovery

Recovery
75.36 %
Recovery Basis
actual_test

Lab

Laboratory
Laboratorio Tecnológico de Metalurgia S.A. de C.V.

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Standard recovery for a 3/4" crush size.

Evidence · table

“75.36”

Context: CL-02 3/4" No

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 75.36% is at or above the exceptional band (75%)

column leachGran Pilar Gold-Silver Project · silverRecovery: 49.12 %View all details
Link to this fact

Identity

Project
Gran Pilar Gold-Silver Project
Commodity
silver
Region
mexico
Reported Region
Sonora, Mexico
Ticker
TOC

Test Work

Program Status
detailed
Test Type
column leach
Processing Route
heap leach
Sample
CL-02 3/4" non-agglomerated column

Recovery

Recovery
49.12 %
Recovery Basis
actual_test

Lab

Laboratory
Laboratorio Tecnológico de Metalurgia S.A. de C.V.

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Standard silver recovery for this crush size.

Evidence · table

“49.12”

Context: CL-02 3/4" No

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

Low Recoverynegative

Recovery below the weak band for the commodity and processing route.

Why it applies: 49.12% is below the weak band (75%)

column leachGran Pilar Gold-Silver Project · goldRecovery: 81.63 %View all details
Link to this fact

Identity

Project
Gran Pilar Gold-Silver Project
Commodity
gold
Region
mexico
Reported Region
Sonora, Mexico
Ticker
TOC

Test Work

Program Status
detailed
Test Type
column leach
Processing Route
heap leach
Sample
CL-03 3/8" agglomerated column

Recovery

Recovery
81.63 %
Recovery Basis
actual_test

Lab

Laboratory
Laboratorio Tecnológico de Metalurgia S.A. de C.V.

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Strong gold recovery achieved with the 3/8" crush size.

Positive factors

  • High gold recovery with finer crush

Evidence · table

“81.63”

Context: CL-03 3/8" Yes

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 81.63% is at or above the exceptional band (75%)

column leachGran Pilar Gold-Silver Project · silverRecovery: 54.84 %View all details
Link to this fact

Identity

Project
Gran Pilar Gold-Silver Project
Commodity
silver
Region
mexico
Reported Region
Sonora, Mexico
Ticker
TOC

Test Work

Program Status
detailed
Test Type
column leach
Processing Route
heap leach
Sample
CL-03 3/8" agglomerated column

Recovery

Recovery
54.84 %
Recovery Basis
actual_test

Lab

Laboratory
Laboratorio Tecnológico de Metalurgia S.A. de C.V.

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Strong silver recovery achieved with the 3/8" crush size.

Positive factors

  • High silver recovery with finer crush

Evidence · table

“54.84”

Context: CL-03 3/8" Yes

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

Low Recoverynegative

Recovery below the weak band for the commodity and processing route.

Why it applies: 54.84% is below the weak band (75%)

column leachGran Pilar Gold-Silver Project · goldRecovery: 82.25 %View all details
Link to this fact

Identity

Project
Gran Pilar Gold-Silver Project
Commodity
gold
Region
mexico
Reported Region
Sonora, Mexico
Ticker
TOC

Test Work

Program Status
detailed
Test Type
column leach
Processing Route
heap leach
Sample
CL-04 3/8" non-agglomerated column

Recovery

Recovery
82.25 %
Recovery Basis
actual_test

Lab

Laboratory
Laboratorio Tecnológico de Metalurgia S.A. de C.V.

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Highest gold recovery achieved in the program using the 3/8" crush size without agglomeration.

Positive factors

  • Exceptional gold recovery with finer crush and no agglomeration

Evidence · table

“82.25”

Context: CL-04 3/8" No

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 82.25% is at or above the exceptional band (75%)

column leachGran Pilar Gold-Silver Project · silverRecovery: 57.99 %View all details
Link to this fact

Identity

Project
Gran Pilar Gold-Silver Project
Commodity
silver
Region
mexico
Reported Region
Sonora, Mexico
Ticker
TOC

Test Work

Program Status
detailed
Test Type
column leach
Processing Route
heap leach
Sample
CL-04 3/8" non-agglomerated column

Recovery

Recovery
57.99 %
Recovery Basis
actual_test

Lab

Laboratory
Laboratorio Tecnológico de Metalurgia S.A. de C.V.

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Highest silver recovery achieved in the program using the 3/8" crush size without agglomeration.

Positive factors

  • High silver recovery with finer crush

Evidence · table

“57.99”

Context: CL-04 3/8" No

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

Low Recoverynegative

Recovery below the weak band for the commodity and processing route.

Why it applies: 57.99% is below the weak band (75%)

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.