April 22nd, 2025 | 07:00 CEST
Gold price soon to reach USD 4,000! Profit with gold gem Tocvan Ventures! Share about to be taken over?
Will the tariff hammer be followed by a currency war? Speculation about the devaluation of the US dollar is already rife on the capital markets. One sign of this is that central banks are continuing to buy gold on a massive scale. After the price per troy ounce easily surpassed USD 3,300 last week, analysts are now targeting the USD 4,000 mark. The current environment makes it clear that gold belongs in every diversified portfolio. Tocvan Ventures is an exciting opportunity to jump on the gold bandwagon. The project in Mexico is at an advanced stage and is set to be developed into a world-class operation. After more than four years of exploration work, the project is expected to be given the green light in 2025. The share price has finally taken off, still has a lot of upside potential, should receive mining approval this year and offers takeover speculation.
time to read: 2 minutes
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Author:
Fabian Lorenz
ISIN:
TOCVAN VENTURES C | CA88900N1050
Table of contents:
Author
Fabian Lorenz
For more than twenty years, the Cologne native has been intensively involved with the stock market, both professionally and privately. He is particularly passionate about national and international small and micro caps.
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A world-class project and takeover candidate
For a long time, the positive news at Tocvan Ventures was ignored. However, since mid-March, the stock – which is also actively traded on Tradegate in Germany – has been on an upward trend and still has plenty of room to grow. Production at Tocvan's Gran Pilar gold-silver project is scheduled to begin in the pilot mine before the end of this year. The project is located in Sonora, Mexico, a state in the northwest that is the country's top mining region. The infrastructure and cooperation with the authorities are correspondingly good. There are already mines in production in the neighborhood, and Tocvan aims to develop a multi-million-ounce project. This would make it a takeover candidate for neighbors like Fresnillo and Pan American.
Low valuation
Tocvan's valuation is still below CAD 50 million. This seems too cheap considering the Company aims to achieve a decisive transformation in 2025: the leap from explorer to commercial producer. A mineral resource estimate is expected in the fall, and the mining permit is also expected to be granted in 2025. A peer group comparison with Minera Alamos also highlights the upside potential for Tocvan shares. Minera Alamos is now valued at almost CAD 200 million. The Minera project has 0.65 g/t Au. At Tocvan, results have generally started at over 1 g/t Au and risen to 2.5 g/t Au. The high mineralization at Gran Pilar has just been confirmed again, highlighting the potential.
Exclusive interview with Lyndsay Malchuk from Stockhouse Media.
Latest drill results impressive again
Last week, further positive drill results for Gran Pilar were announced. These results were obtained from ten core drill holes totaling over 1 km in length, which were completed in the Main Zone earlier this year. The highlight was a 2.6-meter section with 7.2 g/t Au and 80 g/t Ag within a mineralized zone. In addition, the southernmost significant mineralization section was intersected, confirming that the trend continues to the south. Furthermore, a core duplicate sample from the high-grade zone returned 18 g/t Au over 1.1 meters. This significantly exceeded the original sample of 4.4 g/t Au. Tocvan attributes the deviation to coarse-grained gold and is currently reviewing an additional investigation to determine the impact of the high-grade deviations on a resource estimate. Finally, it was announced that RC drilling is ongoing, and three drill holes totaling 452.9 meters have already been completed.
Based on the latest drill results, Tocvan CEO Brodie Sutherland believes that the high-grade corridor may be extended: "This opens up the opportunity to extend the mineralization further to the south, increasing the potential for finding near-surface resources. We look forward to keeping our shareholders updated as further results become available. Short-term catalysts include the drill results and updates on the permitting initiatives for pilot production and aggressive exploration across the expansion area." The pilot mine is expected to process 50,000 tons and pave the way for a large-scale mine.
Conclusion: Good reasons for rising share prices
A whole range of factors point to rising prices for Tocvan shares: Global uncertainty, rising gold prices, convincing drill results, the start of pilot mining, and takeover speculation. Interested investors should also check out Stockhouse Media's exclusive interview with Tocvan CEO Brodie Sutherland. Click here for the interview.
Conflict of interest
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