Tocvan Core Drilling Discovers Highest Gold-Grade Interval Ever Outside of the Main Zone, 300 meters East Returns 21.6 g/t Gold and 209 g/t Ag Over 3.0 meters within 64.9 meters of 1.2 g/t Gold
Tocvan Core Drilling Discovers Highest Gold-Grade Interval Ever Outside of the Main Zone, 300 meters East
Returns 21.6 g/t Gold and 209 g/t Ag Over 3.0 meters within 64.9 meters of 1.2 g/t Gold
Highlights:
• New Discovery of High-Grade Gold-Silver 300m East of Main Zone, On North Hill Trend
• Highest Grade Interval Ever Outside of Main Zone
• Near Surface Findings Ideal for Follow-up Trenching and Early Mine Development
1.2 g/t Au and 14 g/t Ag over 64.9 meters, from surface (Hole JES-25-108)
• including 21.6 g/t Au and 209 g/t Ag over 3.0 meters, from 8.3 meters depth
• and 2.8 g/t Au and 38 g/t Ag over 3.8 meters, from 49.7 meters depth
• Also, East Expansion of Main Zone with Hole JES-25-107
0.2 g/t Au and 5 g/t Ag over 108.2 meters, from surface
• Including 0.4 g/t Au and 9 g/t Ag over 56.4 meters
• Including 0.9 g/t Au and 20 g/t Ag over 12.6 meters
• And 0.5 g/t Au and 8 g/t Ag over 7.4 meters
• Also, 0.6 g/t Au and 7 g/t Ag over 4.3 meters
• Results Pending for Three Additional Holes
Calgary, Alberta – March 26, 2025 – Tocvan Ventures Corp. (the “ Company”) (CSE: TOC; OTCQB: TCVNF ; WKN:
TV3/A2PE64), is pleased to announce results from the latest core drilling at the Gran Pilar Gold Silver Project in mine -
friendly Sonora, Mexico. Ten core drillholes totalling 1,167.5 meters were completed earlier this year within the majority
owned (51%) Main Zone held in partnership with Colibri Resource Corp. Today’s results are highlighted by 21.6 g/t Au, 209
g/t Ag and 6.7% Pb over 3.0 meters, also 2.8 g/t Au, 38 g/t Ag and 2.3% Zn over 3.8 meters within a broader anomalous
zone averaging 1.2 g/t Au starting from surface to a vertical depth of 64.9 meters (JES-25-108). The significance of this
hole is its location 300 meters east of the Main Zone Trend in line with the North Hill Trend , making it the first discovery
of high-grade gold mineralization along the southern end of this corridor. The high-grade looks to be hosted within a highly
fractured near-surface fault zone with associated quartz veining. Given the proximity to surface this area will be selected
for future trenching to further evaluate the extent of high -grade mineralization for potential pilot mine feed. In addition,
hole JES-25-107, 100 meters east of the Main Zone has returned the best values to date on the eastern flank of the M ain
Zone. The hole returned 108.2 meters of 0.2 g/t Au and 5 g/t Ag from surface, including 12.6 meters of 0.9 g/t Au, 20 g/t
Ag and 0.5% Cu; 7.4 meters of 0.5 g/t Au and 8 g/t Ag; and 4.3 meters of 0.6 g/t Au and 7 g/t Ag. Mineralization is hosted
within a silicified brecciated andesite with coarse veins of pyrite and chalcopyrite. Hole JES-25-109 only returned a few
isolated zones mineralization, core logging shows the hole intersected a large fault zone that separates mineralization hit
in past drilling (JES-22-53, and JES-24-79). Results for seven core drillholes have now been released, results are pending for
the remaining three holes which have tested the outer extents on mineralization.
CSE: TOC | OTCQB: TCVNF | FSE: TV3
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“Core drilling has just returned the highest-grade interval ever outside of the Main Zone, located 300 meters away on an
emerging trend.” commented, CEO Brodie Sutherland. “The best part is that it is only meters below the surface allowing
us to easily access the area with trenching we have planned in the next phase of exploration. This provides us with
another area to source mineralization for potential pilot mine material. Trends like the North Hill remain largely untested
and suggest other areas across the broader expansion area hold significant potential for hosting high-grade gold and
silver. We look forward to continued drilling across the expansion area to begin targeting additional resource potential.”
Figure 1. Planview map of the Main Zone area and immediately north where recent RC drilling has discovered the extension of
mineralization along parallel trends. Today’s drill results are within the majority owned Main Zone.
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Table 1. Summary of Drill Results in today’s release. Intervals reported are drilled lengths, the Company will update on estimated true
thickness once all new drill data has been processed.
Hole ID From (m) To (m) Interval (m) Au (g/t) Ag (g/t) Cu (%) Pb (%) Zn (%)
JES-25-107 0.00 108.20 108.20 0.19 5.01 0.08 0.02 0.09
Including 50.25 106.65 56.40 0.35 8.94 0.15 0.02 0.13
including 51.55 64.10 12.55 0.85 20.31 0.50 0.03 0.22
and 81.20 88.55 7.35 0.47 8.06 0.01 0.01 0.22
also 101.50 105.75 4.25 0.55 7.06 0.10 0.00 0.02
JES-25-108 0.00 64.90 64.90 1.23 13.69 0.02 0.33 0.27
including 8.30 11.30 3.00 21.58 208.50 0.20 6.71 1.58
and 49.70 53.50 3.80 2.84 38.12 0.05 0.19 2.32
including 50.50 51.90 1.40 7.33 101.00 0.13 0.49 5.98
JES-25-109 50.30 51.65 1.35 0.16 0.60 NSV NSV NSV
and 57.75 58.60 0.85 0.20 0.70 NSV NSV NSV
also 110.10 110.90 0.80 0.17 1.00 NSV NSV NSV
Figure 2. 3D surface of the Gran Pilar South Block. Drill results announced today are in red boxes. Numerous targets identified further
north and east have yet to be tested.
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Photo 1. Type samples of brecciated andesite with sulphide rich vein stockwork (JES-25-107, 51m to 64m downhole, averaging 0.9 g/t
Au and 20 g/t Ag).
Table 2. Summary of drill collar locations and orientations. Coordinates are in UTM NAD 27, Zone 12N
Hole ID Easting Northing Elevation (m) Depth (m) Azimuth Dip
JES-25-107 617521 3144622 435 119.30 55 -80
JES-25-108 617713 3144572 432 95.50 0 -90
JES-25-109 617606 3144769 436 118.00 235 -70
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Figure 3. Gran Pilar Project Overview, > 22km2 of prospective ground with two primary targets: South Block, the direct extension and
expansion of the historic Main Zone defined by an expanding vein field of untested drill targets; North Block a 3.2-km by 1.5-km pyrite
and clay alteration zone that coincides with high-grade gold-silver, the area remains largely untested.
Pilar Drill Highlights:
• 2024 RC Drilling Highlights include (all lengths are drilled thicknesses):
o 42.7m @ 1.0 g/t Au, including 3.1m @ 10.9 g/t Au
o 56.4m @ 1.0 g/t Au, including 3.1m @ 14.7 g/t Au
o 16.8m @ 0.8 g/t Au and 19 g/t Ag
• 2022 Phase III Diamond Drilling Highlights include (all lengths are drilled thicknesses):
o 116.9m @ 1.2 g/t Au, including 10.2m @ 12 g/t Au and 23 g/t Ag
o 108.9m @ 0.8 g/t Au, including 9.4m @ 7.6 g/t Au and 5 g/t Ag
o 63.4m @ 0.6 g/t Au and 11 g/t Ag, including 29.9m @ 0.9 g/t Au and 18 g/t Ag
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• 2021 Phase II RC Drilling Highlights include (all lengths are drilled thicknesses):
o 39.7m @ 1.0 g/t Au, including 1.5m @ 14.6 g/t Au
o 47.7m @ 0.7 g/t Au including 3m @ 5.6 g/t Au and 22 g/t Ag
o 29m @ 0.7 g/t Au
o 35.1m @ 0.7 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 @ 6.0 g/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
• 15,000m of Historic Core & RC drilling. Highlights include:
o 61.0m @ 0.8 g/t Au
o 21.0m @ 38.3 g/t Au and 38 g/t Ag
o 13.0m @ 9.6 g/t Au
o 9.0m @ 10.2 g/t Au and 46 g/t Ag
Pilar Bulk Sample Summary:
• 62% Recovery of Gold Achieved Over 46-day Leaching Period
• Head Grade Calculated at 1.9 g/t Au and 7 g/t Ag; Extracted Grade Calculated at 1.2 g/t Au and 3 g/t Ag
• Bulk Sample Only Included Coarse Fraction of Material (+3/4” to +1/8”)
• Fine Fraction (-1/8”) Indicates Rapid Recovery with Agitated Leach
o Agitated Bottle Roll Test Returned Rapid and High Recovery Results: 80% Recovery of Gold and 94% Recovery of
Silver after Rapid 24-hour Retention Time
Additional Metallurgical Studies:
• Gravity Recovery with Agitated Leach Results of Five Composite Samples Returned
o 95 to 99% Recovery of Gold
o 73 to 97% Recovery of Silver
o Includes the Recovery of 99% Au and 73% Ag from Drill Core Composite at 120-meter depth.
Based on management’s strong belief in the project’s potential, the Company is outlining a permitting and operations strategy for a
pilot facility at Pilar. The facility would underpin a robust test mine scenario with aims to process up to 50,000 tonnes of material.
Timelines and budget are being prepared with the aim of moving forward with the development early in 2025. With gold prices hitting
all-time highs, the Company believes the onsite test mine will provide key economic parameters and showcase the m ineral potential
of the area. In 2023, the Company completed an offsite bulk sample that produced important data showcasing the potential to recover
both gold and silver through a variety of methods including heap leach, gravity and agitated leach (see August 22, 2023, news release
for more details).
About Tocvan Ventures Corp.
Tocvan’s advancing gold-silver projects are located in the mine -friendly jurisdiction of Sonora, Mexico. Through ongoing exploration
programs, Company is unveiling the high-potential at its Gran Pilar Gold-Silver Project where it holds 100% interests in over 21 square
kilometers of prospective area and a majority ownership (51%) in a one square kilometer area shared with Colibri Resources. T he
Company also holds 100% interest in the Picacho Gold-Silver project in the Caborca Trend of northern Sonora, a trend host to some of
the major gold deposits of the region. Management feels both projects represent tremendous opportunity to create shareholder value.
Tocvan has approximately 59 million shares outstanding.
Quality Assurance / Quality Control
Rock and Drill samples 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 four- 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
samples 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.
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Soil Samples were shipped for sample preparation to ALS Limited in Hermosillo, Sonora, Mexico and for analysis at the ALS laborato ry
in North Vancouver. The ALS Hermosillo and North Vancouver facilities are ISO 9001 and ISO/IEC 17025 certified. Gold and mult i-
element analysis of soils was completed by aqua regia digestion and ICP- MS finish using a 50- gram nominal weight. Over limit gold
values greater than 1 g/t were re-assayed with a more robust aqua regia digestion ad ICP-MS finish. Over limit analyses for silver (>100
g/t) were re-assayed using an ore-grade four-acid digestion with ICP-AES finish. Control samples comprising blank samples and certified
reference materials were systematically inserted into the sample stream and analyzed as part of the Company’s robust quality
assurance / quality control protocol.
Brodie A. Sutherland, CEO 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.
Cautionary Statement Regarding Forward Looking Statements
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
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 words 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, CEO
820-1130 West Pender St.
Vancouver, BC V6E 4A4
Telephone: 1 888 772 2452
Email: [email protected]
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