March 10th, 2023 | 10:06 CET
Tocvan Ventures, JinkoSolar, Commerzbank - With gold and silver towards a real energy turnaround
Table of contents:
"[...] Troilus has the potential to be an entire gold belt. All of our work to date points to this, and each drill hole makes the picture we have of the Troilus project much clearer. [...]" Justin Reid, President and CEO, Troilus Gold Corp.
Born in Bielefeld, she studied German, English and psychology. The emergence of the Internet in the early '90s led her from university to training in graphic design and marketing communications. After years of agency work in corporate branding, she switched to publishing and learned her editorial craft at Hubert Burda Media.
Tocvan Ventures - Test drilling of Pilar project promising
Of all metals, silver has the highest electrical conductivity, making it a valuable ingredient for solar cells and electric vehicle (EV) components. The demand for silver in the photovoltaic and electric vehicle industries has grown steadily over the past decade, and experts expect demand to continue to increase in the coming years as these industries gain momentum around the world, especially in developing countries.
Tocvan Ventures Corp. is an early-stage resource company focused on the acquisition, exploration and development of mineral properties. Pilar, a gold-silver property, has recently produced some of the most attractive drill results in the region. Gold values averaging 1.4 g/t were reported from Pilar, up to 8.3 g/t Au. Reported silver values averaged 11 g/t, reported up to 65 g/t Ag. Results will serve as the basis for bulk sampling to obtain a representative mix of material from surface at Pilar.
From previous surface work and drilling, three primary zones of mineralization have been identified in the northwestern portion of the property, known as the Main, North Hill and 4-T zones. Structural features and zones of mineralization within the structures follow a general NW-SE trend of mineralization. To date, over 22,000 m of drilling has been completed.
CEO Brodie Sutherland adds: "We are getting a representative picture of what the mineralization looks like at surface at Pilar. And how to extract the gold and silver mineralization. We expect the Pilar area to be comparable to other regional mining operations. At the La Colorada silver mine, which is only 80 km away, the average gold recovery is about 6 g per ton and ranges from about 55% to just over 80%."
Gold plays a significant role in forward-looking technologies such as solar, aerospace, and electromobility, which will continue to grow in the coming years. Gold is used as a coating on aircraft windshields to reflect infrared radiation. In addition, gold nanoparticles increase the efficiency of solar cells. Combined with promising gold and silver recovery data from metallurgical test work, Pilar is a potential near-term producer.
Conflict of interest
Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.
In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.
For this reason, there is a concrete conflict of interest.
The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.
Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on news.financial. These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.
The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.