In a significant move towards commercial production, Tocvan Ventures Corp. is transitioning its Gran Pilar Gold-Silver Project from exploration to pilot-scale production. With all major permits secured and construction progressing, the company is on track to achieve its first gold-silver doré pour by the end of 2026.
The company’s strategic shift is backed by a 10-year pilot mine permit secured in and a 6-year Community Agreement executed in May 2026. These milestones provide long-term stability and flexibility for expansion, positioning Tocvan for rapid advancement in the current strong gold market.
Key milestones and progress
Tocvan’s phased development plan is well underway, with several key milestones already achieved. The company has mobilized heavy equipment on-site, completed site preparation, and initiated construction of the heap leach pad and containment ponds. Additionally, local crushing equipment has been contracted, and processing plant equipment is being constructed in Hermosillo.
The phased development plan includes six distinct phases, each with specific objectives and milestones. The current phases, ongoing through Q3 2026, focus on trenching and material transport, leach pad construction, and crushing and stacking. These phases aim to secure and characterize 50,000 tonnes of high-grade oxide feed and build the engineered heap leach pad and containment system.
Targeting high recovery rates
The pilot facility is designed to achieve a target recovery rate of 70% Au for heap-leach processing. The facility will apply a dilute sodium cyanide solution via drip irrigation over a 60-90 day leach cycle, with solution recirculation and real-time monitoring of recovery rates. This process will provide valuable operating data and cash flow to inform Tocvan’s commercial development strategy.
By late Q4 2026, Tocvan aims to achieve its first doré pour and initial revenue generation. The company will weigh, assay, and secure the first pour, followed by a detailed report and cash-flow analysis. This milestone will evaluate all-in sustaining costs (AISC) and optimization data for phase 2 expansion.
Gran Pilar’s potential and Tocvan’s vision
Tocvan Ventures Corp. is a dynamic exploration and near-term producer focused on high-potential gold and silver projects in the mine-friendly jurisdiction of Sonora, Mexico. The company’s flagship Gran Pilar Gold-Silver Project spans over 21 km² of prospective ground, with ample space for scalable mine infrastructure.
Recent exploration successes, including near-surface intercepts of 3.1 m at 19.4 g/t Au underscore Gran Pilar’s potential as a premier gold-silver asset. Additionally, Tocvan’s 100% owned Picacho Gold-Silver Project located in the prolific Caborca Trend positions the company for further growth. With robust metallurgical results and a strategic capital structure, Tocvan is poised to deliver significant shareholder value in a market buoyed by record-high gold prices.
As Tocvan advances towards its first gold-silver production, investors and stakeholders are encouraged to follow the company’s progress. The successful completion of the pilot facility and the achievement of the first doré pour will mark a pivotal phase in establishing Gran Pilar as a scalable, long-life gold-silver producer.
