Commencement of Field Operations at Pilar
PRESS RELEASE
Tocvan Announces Commencement of Field Operations at Pilar Au-Ag Project
Calgary, Alberta – November 10, 2021 Tocvan Ventures Corp. (the “Company”) (CSE: TOC; OTCQB: TCVNF ; WKN:
TV3/A2PE64), is pleased to announce the commencement of field operations at its Pilar Au-Ag Project in Sonora, Mexico.
Building off of the success of last year, the company looks to evaluate surface mineralization with trenching and channel
sampling followed by a series of column leach studies on representative sites across the Main Zone. In addition, drilling is
planned with between 5,000 to 8,000 meters estimated between n ow and July of 2022. Drilling will focus on continued
step-out drilling along the Main Zone and new 4 -Trench Trend. Exploration drilling will continue to evaluate target areas
along the Triple Vein Zone. Surface exploration work will continue with trenching and sampling along the s outheastern
extension of the Main Zone.
2021/2022 Operation Plans
• Trenching of Main Zone for bulk sampling and column leach study
• 5,000 to 8,000 meters of drilling
• Drilling to include:
o Step-outs of Main Zone targets
o Step-out and Exploration drilling along 4-Trench trend
o Exploration drilling along Triple Vein Zone
• Surface trenching, sampling and target evaluation.
“We are extremely excited to be operating once again at Pilar.”, commented VP Exploration, Brodie Sutherland. “Last year
was very successful in growing the potential size of the mineralized system at Pilar, we look forward to building off that
success again this year with continued drilling and trenching across the property. In addition, bulk sample composites taken
from surface will aim to show our mineralized oxide zone is amenable to conventional heap leach processes.”
Operation Details
Metallurgical Studies
Trenching across the near-surface mineralized portions of the Main Zone will be completed for channel sampling and later
bulk sampling. Several bulk sample composites will be collected for det ailed column leach study. Later metallurgical drill
holes will be completed across the Main Zone to compare the recovery of gold at depth.
Bottle roll cyanidation studies from two RC chip composites taken in 2021 returned:
Composite One – 1.15g/t Au and 12.2g/t Ag head grade returned, 90% recovery of Au and 84% recovery of Ag.
Composite Two – 0.63 g/t Au and 6.7 g/t Ag head grade, 92% recovery of Au and 70% recovery of Ag.
Drill Programs
Between 5,000 to 8,000 meters of drilling is proposed during the operational season. Drilling will be completed in two to
three stages with the initial stage focused on step-out drilling along the Main Zone and 4 -Trench Trends (Figure 1.). Later
stages will focus on exploration targets on the eastern portion of the property where surface veining suggest s
mineralization at depth.
Drill step-out targets from 2021 drill holes include:
JES-21-50: 39.7m @ 0.96 g/t Au, including 1.5m @ 14. g/t Au
JES-21-47 : 47.7m @ 0.75 g/t Au including 3m @ 5.6 g/t Au and 22 g/t Ag
JES-21-38: 29m @ 0.71g/t Au
JES-21-43: 35.1m @ 0.66 g/t Au
JES-21-53 : 15.3m @ 1.1 g/t Au – New 4-Trench Trend
Exploration
Exploration Trenching will be completed along the Triple Vein Zone to follow up on chip sampling from last year that
returned, 4.5 g/t Au and 735 g/t Ag. Further surface sampling will be completed on the southeast portion of the property
where work has been limited to date.
Figure 1. Plan Map of Highlight Drill Holes from 2021 and Key Target Areas for Upcoming Operations
About the Pilar Property
The Pilar Gold -Silver property is interpreted as a structurally controlled low -sulphidation epithermal project hosted in
andesite rocks. Three zones of mineralization have been identified in the north -west part of the property from historic
surface work and drilling and are referred to as the Main Zone, North Hill and 4 -Trench. Structural features and zones of
mineralization within the structures follow an overall NW-SE trend of mineralization. Over 22,700 m of drilling have been
completed to date. Significant results are highlighted below:
• 2021 Phase II RC Drilling Highlights include (all lengths are drilled thicknesses):
o 39.7m @ 0.96 g/t Au, including 1.5m @ 14. g/t Au
o 47.7m @ 0.75 g/t Au including 3m @ 5.6 g/t Au and 22 g/t Ag
o 29m @ 0.71g/t Au
o 35.1m @ 0.66 g/t Au
• 2020 Phase I RC Drilling Highlights include (all lengths are drilled thicknesses):
o 94.6m @ 1.6 g/t Au, including 9.2m @ 10.8 g/t Au and 38 g/t Ag;
o 41.2m @ 1.1 g/t Au, including 3.1m @ 6.0g/t Au and 12 g/t Ag ;
o 24.4m @ 2.5 g/t Au and 73 g/t Ag, including 1.5m @ 33.4 g/t Au and 1,090 g/t Ag
• 17,700m of Historic Core & RC drilling. Highlights include:
o 61.0m @ 0.8 g/t Au
o 16.5m @ 53.5g/t Au and 53 g/t Ag
o 13.0m @ 9.6 g/t Au
o 9.0m @ 10.2 g/t Au and 46 g/t Ag
Soil and Rock sampling results from undrilled areas indicate mineralization extends towards the southeast from the
Main Zone and 4-Trench Zone. Recent Surface exploration has defined three new target areas: Triple Vein Zone, SE
Vein Zone and 4 Trench Extension.
Brodie A. Sutherland, P.Geo., VP Exploration for Tocvan Ventures Corp. and a qualified person ("QP") as defined by
Canadian National Instrument 43-101, has reviewed and approved the technical information contained in this release.
Quality Assurance / Quality Control
RC chips were shipped for sample preparation to ALS Limited in Hermosillo, Sonora, Mexico and for analysis at the ALS
laboratory in North Vancouver. The ALS Hermosillo and North Vancouver facilities are ISO 9001 and ISO/IEC 17025 certified.
Gold was analyzed using 50-gram nominal weight fire assay with atomic absorption spectroscopy finish. Over limits for gold
(>10 g/t), were analyzed using fire assay with a gravimetric finish . Silver and other elements were analyzed using a fou r-
acid digestion with an ICP finish . Over limit analyses for silver (>100 g/t) were re-assayed using an ore -grade four-acid
digestion with ICP -AES finish. Control sam ples comprising certified reference samples and blank samples were
systematically inserted into the sample stream and analyzed as part of the Company’s robust quality assurance / quality
control protocol.
About Tocvan Ventures Corp.
Tocvan is a well- structured exploration development company. Tocvan was created in order to take advantage of the
prolonged downturn the junior mining exploration sector, by identifying and negotiating interest in opportunities where
management feels they can build upon previous success. Tocvan has approximately 31 million shares outstanding and is
earning into two exciting opportunities in Sonora, Mexico : t he Pilar Gold -Silver project and the El Picacho Gold -Silver
project. Management feels both projects represent tremendous opportunity to create shareholder value.
Cautionary Statement Regarding Forward Looking Statements
This news release contains “forward-looking information” which may include, but is not limited to, statements with respect
to the activities, events or developments that the Company expects or anticipates will or may occur in the future. Forward-
looking information in this news release includes statements regarding the use of proceeds from the Offering. Such forward-
looking information is often, but not always, identified by the use of words and phrases such as “plans”, “expects”, “is
expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including
negative variations) of such wor ds and phrases, or state that certain actions, events or results “may”, “could”, “would”,
“might” or “will” be taken, occur or be achieved.
These forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our
current judgment regarding the direction of our business. Management believes that these assumptions are reasonable.
Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Company to be materially different from any future results, performance or
achievements expressed or implied by the forward-looking information. Such factors include, among others, risks related to
the speculative nature of the Company’s business, the Company’s formative stage of development and the Company’s
financial position. Forward-looking statements contained herein are made as of the date of this news release and the
Company disclaims any obligation to update any forward- looking statements, whether as a result of new information,
future events or results, except as may be required by applicable securities laws.
There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on
forward-looking information.
FOR MORE INFORMATION, PLEASE CONTACT:
TOCVAN VENTURES CORP.
Brodie A. Sutherland, VP Exploration
950-736 6 Ave SW
Calgary, Alberta T2P 3T7
Telephone: 403-668-7855
Email: [email protected]
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the Uni ted
States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended
(the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S.
Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such
registration is available.