Tosca Mining (TSX.V: TSQ)

Alpha Stox March 12, 2014 Comments Off
Tosca Mining (TSX.V: TSQ)


Dear Alphastox Subscribers,

The junior market is definitely improving and I wanted to make sure everyone had  a chance to put a highly leveraged story like Tosca Mining (TSX.V:TSQ) on their radar screens at these levels. Tosca Mining’s flagship project is the Carol Copper Project in Mexico’s top copper producing area, Sonora County. The reason I wanted to show this to you now is because Tosca’s Carol project is located smack in the middle of a very hot area right now where a number of transactions have taken place, and management believes their project could be next. The Invecture Group has been very active in the area. On September 25th 2013, Invecture subscribed CDN$2 million of equity and agreed to tender for the remaining shares of Kimber Resources ( owned mineral concessions covering in excess of 39,000 hectares in the prospective Sierra Madre gold-silver belt) at CDN$0.15 per share and later on October 6, 2013, Invecture agreed to buy the Los Cardones gold project from Vista Gold for $13 million. Tosca hopes their Carol Project will be next on Invecture’s list but the company needs to prove-up their asset first which they hope to do in the next 3-6 months. Although Tosca is still a little too early stage for me to take them on as a client, take a position in the stock or feature it to my subscribers, I encourage everyone to keep TSQ.V on watch. Once they obtain the necessary funding and prove up their asset, this could very well be an interesting story to get involved with.

Carol Copper Project:

The Carol Project is located in southern Sonora State, 20 km north of the city of Alamos in the foothills of the Sierra Madre Occidental belt. The Carol property is approximately 5km North East of the Piedras Verdes Copper Mine, the 3rd largest mine in Mexico, 198 million tonnes @ 0.39% Cu, M&I (source Cobre del Mayo NI-43-101 Feb 12, 2010).

  • Option to acquire 100% interest in over 750 hectares
  • Excellent access to infrastructure
  • Safe and mining friendly jurisdiction
  • Two mineralized zones, one measuring 1,100m by 400m and the second 700m by 180m remain open
  • No previous drilling or geophysics
  • Sonora is Mexico’s largest Copper producing area


The Carol Project is a drill-ready exploration project with initial targets generated from multiple field seasons. Work completed to date consists of detailed geological mapping, soil geochemistry, rock chip sampling, and trenching.

Future exploration on the Carol Project will consist of ground geophysics and drilling of the most promising targets.

Concession Map:


*all the yellow is Invecture’s land

Why Mining In Mexico?

  • Mining Friendly
  • Mexico has one of Latin America’s most robust economies
  • Over 200 mining companies operate in Mexico
  • Over 70% of exploration in the country is undertaken by foreign companies

Share Structure:

Shares Outstanding: 17,276,127

Warrants Outstanding: 1,780,000 Priced @ $0.56 until December 19th, 2014, 6,145,000 Priced @ $0.075 until January 2nd, 2015 and $0.10 until January 2nd, 2016

Options Outstanding: 1,212,000 Priced @ $0.08

Total Fully Diluted: 26,413,127



Photo Gallery

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 Trenching Highlights:


Each of the seventeen trenches revealed continuously mineralized intervals over widths between 4 and 48 metres. Of the 232 samples taken 185 were taken within skarn with each sample being two metres in length. Within the trenches there were many high grade sections. The highest copper assay received was 7.67 % and 38 samples returned greater than 1% copper. The highest zinc assay received was 15.30 % and 62 samples returned greater than 1% zinc. The highest gold assay received was 2.24 g/t (La Escondida) and 30 samples returned greater than 0.3 g/t gold.

In several locations deeper than expected overburden did not allow for the sampling of the underlying bedrock as the trenches were dug by hand, hence several of the zones remain open in at least one direction. This is significant in that there is the potential, with additional trenching, to show mineralization over much wider widths.

For more information on Tosca Mining (TSX.V:TSQ), please do not hesitate to get in touch with my anytime at I look forward to hearing from you.







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