Tocvan Ventures to hold webinar Sept. 10

Executive Summary

• Tocvan Ventures Corp. secured significant new financing through the exercise of over 2.2 million warrants over the past five weeks, with more exercises anticipated, providing capital to accelerate operational programs at the Gran Pilar gold-silver project.
• The company announced a strategic webinar for September 10, 2025, to detail its roadmap from exploration to production, including updates on pilot plant operations, recent drilling results, and resource expansion plans.
• The release highlights extensive historical and recent drilling results at Gran Pilar, alongside positive metallurgical test work showing high gold and silver recovery rates, supporting the path toward near-term production.

Key Details

• Financing:
  • Secured significant new financing through the exercise of over 2.2 million warrants over the past five weeks.
  • More warrant exercises are anticipated over the coming weeks by long-term supportive shareholders.
  • Capital infusion will immediately accelerate key operational programs at the Gran Pilar gold-silver project.
• Webinar Details:
  • Title: "Tocvan's Next Chapter: From Exploration to Development"
  • Date: Tuesday, Sept. 10, 2025, at 10 a.m. MDT (12 p.m. EDT).
  • Speaker: CEO Brodie Sutherland.
  • Topics: Strategic roadmap, pilot plant operations, recent drilling results, resource expansion, and path to near-term production.
• Gran Pilar Drilling Highlights (2025):
  • Diamond Drilling:
    • 83.5 m of 1.3 g/t Au, including 9.7 m of 10.3 g/t Au (March 11, 2025).
    • 97.4 m of 0.7 g/t Au, including 36.3 m of 1.6 g/t Au (March 19, 2025).
    • 64.9 m of 1.2 g/t Au, including 3.0 m of 21.6 g/t Au and 209 g/t Ag (March 26, 2025).
    • 46.9 m of 0.5 g/t Au, including 2.6 m of 7.2 g/t Au and 80 g/t Ag (April 16, 2025).
  • RC Drilling:
    • 106.8 m of 0.6 g/t Au, including 3.1 m of 19.4 g/t Au (Feb. 25, 2025).
    • 41.2 m of 1.0 g/t Au, including 6.1 m of 5.4 g/t Au (May 7, 2025).
• Gran Pilar Historical Drilling Highlights:
  • 2024 RC: 42.7 m of 1.0 g/t Au (incl. 3.1 m of 10.9 g/t Au); 56.4 m of 1.0 g/t Au (incl. 3.1 m of 14.7 g/t Au); 16.8 m of 0.8 g/t Au and 19 g/t Ag.
  • 2022 Phase 3 Diamond: 116.9 m of 1.2 g/t Au (incl. 10.2 m of 12 g/t Au and 23 g/t Ag); 108.9 m of 0.8 g/t Au (incl. 9.4 m of 7.6 g/t Au and 5 g/t Ag); 63.4 m of 0.6 g/t Au and 11 g/t Ag (incl. 29.9 m of 0.9 g/t Au and 18 g/t Ag).
  • 2021 Phase 2 RC: 39.7 m of 1.0 g/t Au (incl. 1.5 m of 14.6 g/t Au); 47.7 m of 0.7 g/t Au (incl. 3 m of 5.6 g/t Au and 22 g/t Ag); 29 m of 0.7 g/t Au; 35.1 m of 0.7 g/t Au.
  • 2020 Phase 1 RC: 94.6 m of 1.6 g/t Au (incl. 9.2 m of 10.8 g/t Au and 38 g/t Ag); 41.2 m of 1.1 g/t Au (incl. 3.1 m of 6.0 g/t Au and 12 g/t Ag); 24.4 m of 2.5 g/t Au and 73 g/t Ag (incl. 1.5 m of 33.4 g/t Au and 1,090 g/t Ag).
  • Historic Core/RC: 15,000 m drilled; highlights include 61.0 m of 0.8 g/t Au; 21.0 m of 38.3 g/t Au and 38 g/t Ag; 13.0 m of 9.6 g/t Au; 9.0 m of 10.2 g/t Au and 46 g/t Ag.
• Metallurgical Results:
  • Pilar Bulk Sample:
    • 62% recovery of gold achieved over a 46-day leaching period.
    • Head grade: 1.9 g/t Au and 7 g/t Ag.
    • Extracted grade: 1.2 g/t Au and 3 g/t Ag.
    • Sample included coarse fraction (3/4 inch to 1/8 inch).
  • Fine Fraction (Agitated Leach):
    • Bottle roll test returned rapid and high recovery: 80% gold recovery and 94% silver recovery after 24-hour retention time.
  • Gravity Recovery with Agitated Leach:
    • Five composite samples returned 95-99% gold recovery and 73-97% silver recovery.
    • Includes 99% gold and 73% silver recovery from drill core composite at 120-metre depth.
• Company Assets:
  • 100% interest in Gran Pilar gold-silver project (over 21 sq km in Sonora, Mexico).
  • Planned 50,000-tonne pilot production facility.
  • 51% interest in a 1 sq km joint venture area with Colibri Resources.
  • 100%-owned Picacho gold-silver project in the Caborca trend.
  • Approximately 59 million shares outstanding.

Notable Quotes

• "We are thrilled with the strong support from our shareholders through these warrant exercises, which provide the necessary capital to hit the ground running on our pilot and drilling programs," said Mr. Sutherland, chief executive officer of Tocvan Ventures. "This momentum positions us perfectly for a transformative period, and we look forward to sharing more details during our upcoming webinar."