Tocvan Discovers New High-Grade at-Surface Silver-GOLD Zone 900 M East of Pilot Facility at Gran Pilar Project
TOCVAN DISCOVERS NEW HIGH-GRADE AT-SURFACE SILVER-GOLD
ZONE 900 M EAST OF PILOT FACILITY AT GRAN PILAR PROJECT
DRILLS 1.5 M OF 581 G/T AG AND 2.2 G/T AU
Hermosillo, Mexico – July 23, 2026 – Tocvan Ventures Corp. (the “Company” or “Tocvan”) (CSE: TOC) (OTCQB:
TCVNF) (WKN: TV3/A2PE64) is pleased to announce the discovery of a new mineralized silver -gold zone at
surface, located just 900 metres east of the planned Pilot Facility (approximately 1,000 m northeast of the Main
Zone) at its 100%-owned Gran Pilar Gold-Silver Project in Sonora, Mexico.
The new zone was intersected in four drill holes, with three holes returning significant near -surface
mineralization. Results confirm a robust vein system and demonstrate strong potential to expand resources in
close proximity to planned infrastructure.
Key Highlights:
• New high-grade discovery at surface adjacent to existing road access, only 900 m east of the Pilot
Facility.
• Standout intercept in hole JES-26-152: 1.5 m grading 2.2 g/t Au and 581 g/t Ag within a broader
mineralized zone. 9.2 meters of 0.4 g/t Au and 110 g/t Ag, from 27.5m
• Consistent near-surface mineralization across multiple holes:
o 4.6 m @ 0.3 g/t Au & 86 g/t Ag from surface (JES-26-152)
o 4.6 m @ 0.5 g/t Au & 86 g/t Ag from surface (JES-26-148)
o 6.1 m @ 0.4 g/t Au & 76 g/t Ag from surface (JES-26-150)
• Strategic location advantage: Proximity to the permitted 50,000-tonne Pilot Facility supports low-cost
development, reduced haulage, and potential integration into near-term production plans.
• Expansion upside: Mineralization strengthens northward and aligns with a strong soil geochemical
anomaly, indicating further potential along the trend.
• Vein system confirmation: Multiple holes intersected historic underground workings with surrounding
mineralization, validating continuity of the mineralized structure.
Why This Matters
This new zone adds high-grade, near -surface silver-gold mineralization in immediate proximity to Tocvan’s
permitted Pilot Facility. With construction advancing and first gold-silver doré targeted for Q4 2026, the
discovery enhances the project’s near -term production potential while expanding the overall mineralized
footprint. The combination of at-surface intercepts, high silver grades, and infrastructure synergy positions
Gran Pilar for efficient, low-capex development in a rising precious metals market.
CSE: TOC | OTCQB: TCVNF | FSE: TV3
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Brodie A. Sutherland, CEO of Tocvan commented: “We are thrilled with these drill results confirming a new
high-grade silver-gold zone at surface just 900 metres east of our permitted Pilot Facility. The standout
intercept of 1.5 metres grading 581 g/t silver and 2.2 g/t gold, along with consistent near-surface
mineralization in multiple holes, highlights the strong potential of this area. With construction advancing
toward first gold-silver doré production in Q4 2026, this discovery provides an excellent opportunity to
enhance our near-term production plans while benefiting from existing road access and low
development costs. We see significant upside for further expansion along this trend and look forward to
additional drilling to unlock more value at Gran Pilar.”
Figure 1. Plan view map showing the new mineralized zone relative to the Pilot Facility and Main Zone.
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Figure 2. Cross-section looking west of the new silver gold vein zone. 3 of 4 holes intersected underground workings that
stopped drilling. JES-26-152 intersected high-grade silver near-surface.
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Collar ID From (m) To (m) Length (m) Au (g/t) Ag (g/t)
JES-26-146 47.3 48.8 1.5 0.14 0.25
also 56.4 58.0 1.5 0.32 0.70
also 65.6 67.1 1.5 0.19 8.20
also 67.1 68.6 1.5 0.37 14.30
also 114.4 115.9 1.5 0.12 0.25
also 193.7 195.2 1.5 0.13 3.10
also 248.6 250.1 1.5 0.11 0.25
also 256.2 257.7 1.5 0.12 0.70
JES-26-148 0.0 38.1 38.1 0.13 16.72
including 0.0 4.6 4.6 0.49 85.6
and 30.5 36.6 6.1 0.21 17.23
including 33.6 35.1 1.5 0.62 47.60
JES-26-150 0.0 29.0 29.0 0.10 16.64
including 0.0 4.6 4.6 0.52 98.12
and 27.5 29.0 1.5 0.16 8.40
JES-26-151 62.5 67.1 4.6 0.18 9.62
JES-26-152 0.0 35.1 35.1 0.16 41.15
including 0.0 4.6 4.6 0.31 85.59
and 27.5 36.6 9.2 0.43 109.68
including 30.5 32.0 1.5 2.16 581.00
also 126.6 128.1 1.5 0.50 0.90
also 129.6 131.2 1.5 0.10 1.10
also 149.5 151.0 1.5 0.14 0.25
also 242.5 244.0 1.5 2.88 2.00
JES-26-154 19.8 21.4 1.5 0.14 0.25
also 88.5 93.0 4.5 0.15 0.25
also 120.5 122.0 1.5 0.25 0.25
also 126.6 129.6 3.1 0.12 0.60
also 137.3 138.8 1.5 0.14 2.70
also 195.2 196.7 1.5 0.22 0.25
also 222.7 227.2 4.6 0.19 0.36
Table 1. Summary of Results
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Collar Easting Northing Elevation (m) Azimuth Dip Depth (m)
JES-26-146 618027 3145274 407 220 -45 260.8
JES-26-148 618326 3145141 419 220 -45 38.1
JES-26-150 618327 3145142 419 220 -60 30.5
JES-26-151 618357 3145118 418 220 -45 67.1
JES-26-152 618333 3145153 418 240 -65 250.1
JES-26-154 618157 3145248 407 220 -45 274.5
Table 2. Summary of Drillholes in this news release.
About Tocvan Ventures Corp.
Tocvan Ventures Corp. is a dynamic exploration and near- term producer advancing high -potential gold and silver
projects in the mine-friendly jurisdiction of Sonora, Mexico. At its flagship Gran Pilar Gold-Silver Project, Tocvan holds a 100%
interest in over 21 km² of prospective ground, bolstered by the pivotal 2023 land acquisition that provides ample space for
scalable mine infrastructure, including a planned 50,000 -tonne pilot production facility. Recent exploration successes,
including near surface 3.1 m at 19.4 g/t Au, underscore Gran Pilar’s potential as a premier gold -silver asset. Additionally,
Tocvan’s 100% owned Picacho Gold-Silver Project, located in the prolific Caborca Trend—home to some of Mexico’s largest
gold deposits—positions the Company for further growth. With robust metallurgical results (up to 99% gold and 97% silver
recovery) and a strategic capital to bolster growth, Tocvan is poised to deliver significant shareholder value in a market
buoyed by record-high gold prices. With approximately 78.7 million shares outstanding, Tocvan is committed to unlocking
the full potential of its assets through innovative exploration, strategic development, and investor-focused initiatives.
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.
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.
Soil 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 and mu lti-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.
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FOR MORE INFORMATION, PLEASE CONTACT:
TOCVAN VENTURES CORP.
Brodie A. Sutherland, CEO
1150, 707 – 7 Ave SW
Calgary, Alberta T2P 3H6
Telephone: 1 306 690 8886
Email: [email protected]
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