Canada has a long history of mineral exploration, discovery and production. The last few years in the junior resource sectoor have been extremely challenging. Tocvan believes that these challenges now represent tremendous opportunity.
Companies that have been struggling have been forced to issue equity at lower prices. Good quality projects are now situated within companies where capital structure makes it difficult to raise necessary capital, even for projects that have successful advancements,
One such opportunity that existed as a result of the downturn resulted in Tocvan’s ability to negotiate an option to earn an 80% interest on the Rogers Creek property from Carube Copper.
The property has had the benefit of having over three million dollars of exploration work completed. The work to date has unearthed great potential and narrowed the focus to high priority targets.
Like many junior resource companies Carube has had challenges in raising necessary capital while having to focus on other commitments. Tocvan is now able to benefit from knowledge gained from previous exploration activity and advance the project in a new company with an attractive capital structure.
Tocvan Management now plans to start to earn its interest in an efficient yet cost effective manner while limiting expenses and keeping the company capital structure attractive.
Management will continue to evaluate other opportunities in the sector where it believes significant share holder value will be created.
•Over 25 years experience in the Canadian Securities industry; working for boutique brokerage firms and bank-owned full service & discount brokerages
•Held various positions within in the industry including, Area Sales Manager Royal Bank Of Canada Wealth management, Calgary Branch manager Northern Securities Inc. Eastern Ontario whole selling Representative of the First Ontario Labor sponsored Venture fund, as well as several years as a full service investment advisor and a discount brokerage investment representative.
•Well networked within the brokerage and investment community in every major Canadian market.
•Based in Calgary Alberta for the last several years where he has been focused on providing investment advice to clients with a focus on early stage and publicly listed venture opportunities.
Mr. Ball holds a Bachelor of Science degree from the University of Alberta, and a professional designation of Chartered Professional Accountant (CPA), where he is a member of the Chartered Professional Accountants of Canada. He has over 30 years experience in the accounting field and is currently an accountant with DaCosta Management Corp. providing consulting services to developing and mature stage companies in all industries and sectors and by working as their chief financial officer.
•Mineral exploration geologist, based in Calgary, with over ten years experience in over eighteen countries. Focused on economic geology and the development of grass roots mineral exploration projects.
•Significant mineral exploration experience including: advanced geological mapping, reconnaissance and geochemical sampling, area selection and prospect generation and the implementation and management of diamond drilling programs. Strong understanding of QA/QC procedures, Best Practice and GIS in relation to grass roots exploration through to pre-feasibility. Experience with project review for acquisition.
•Previous experience in advisory and board positions for publicly traded companies.
With approximately 25yrs in the mining and metal-mineral resource development industry, Mark has held previous appointments as VP of Resource Development for two different public juniors.
He has participated in sourcing capital to fund corporate development projects, and has been responsible for: assessing properties for acquisition, leading the development of mineral resources, and defining and exploiting growth opportunities to grow resources,increase wealth and reduce risk.
Mark has been instrumental in key discoveries and has had successes in expanding resources.
Currently a Level 3 CFA candidate, Mark bridges the gap between the technical expertise & experience of a development executive/geologist and the investment industry wishing to invest in base/precious metal properties. "
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