Tocvan to acquire 49% stake in Pilar mining concessions
Under the terms, Tocvan will pay Colibri $2.54m (C$3.6m) in cash, with C$2m due at closing and C$1.6m payable 12 months later.
10 July 2026
10 July 2026
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Under the terms, Tocvan will pay Colibri $2.54m (C$3.6m) in cash, with C$2m due at closing and C$1.6m payable 12 months later.
The project will involve the use of heavy equipment, and increased road activity is expected between July and November.
The summer 2026 campaign involved 4,089m of drilling across nine holes, targeting the W2 area.
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Drilling is expected to begin in the coming weeks, initially targeting the Cosmopolitan, Altona and Ithaca prospects at Kookynie.
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