Tocvan Ventures appoints Wagner as special adviser

Executive Summary

• Tocvan Ventures Corp. appointed Darin Wagner, PGeo, as a special adviser to guide exploration and corporate strategy for the Gran Pilar gold‑silver project.
• The release includes extensive recent drilling, bulk sample metallurgical results, and historic assay data that underscore the high‑grade nature of the Gran Pilar resource.
• Metallurgical testing shows very high recoveries (up to 99 % Au and 97 % Ag), supporting the feasibility of a near‑term pilot production facility.

Key Details

• Appointment: Darin Wagner, PGeo – over 35 years experience; former co‑founder of West Timmins Mining ($424 M sale) and Balmoral Resources ($140 M sale). Will provide strategic guidance on exploration, project development, and M&A.
• CEO Quote: “His exceptional track record … will be invaluable as we accelerate our path to production at Gran Pilar.”
• Advisor Quote: “I am excited to join Tocvan… there has literally never been a better time to become a gold producer.”

Recent Drilling Highlights (2025)

• Diamond drilling: 83.5 m @ 1.3 g/t Au (incl. 9.7 m @ 10.3 g/t Au) – Mar 11; 97.4 m @ 0.7 g/t Au (incl. 36.3 m @ 1.6 g/t Au) – Mar 19; 64.9 m @ 1.2 g/t Au (incl. 3.0 m @ 21.6 g/t Au & 209 g/t Ag) – Mar 26; 46.9 m @ 0.5 g/t Au (incl. 2.6 m @ 7.2 g/t Au & 80 g/t Ag) – Apr 16.
• Reverse‑circulation drilling: 106.8 m @ 0.6 g/t Au (incl. 3.1 m @ 19.4 g/t Au) – Feb 25; 41.2 m @ 1.0 g/t Au (incl. 6.1 m @ 5.4 g/t Au) – May 7.

Historical Drill Intercepts (2024‑2020)

• 2024 RC: 42.7 m @ 1.0 g/t Au (incl. 3.1 m @ 10.9 g/t Au); 56.4 m @ 1.0 g/t Au (incl. 3.1 m @ 14.7 g/t Au).
• 2022 diamond: 116.9 m @ 1.2 g/t Au (incl. 10.2 m @ 12 g/t Au & 23 g/t Ag).
• 2021 RC: 39.7 m @ 1.0 g/t Au (incl. 1.5 m @ 14.6 g/t Au).
• 2020 RC: 94.6 m @ 1.6 g/t Au (incl. 9.2 m @ 10.8 g/t Au & 38 g/t Ag); 24.4 m @ 2.5 g/t Au & 73 g/t Ag (incl. 1.5 m @ 33.4 g/t Au & 1,090 g/t Ag).

Bulk Sample Metallurgy

• Gold recovery: 62 % overall; 80 % in fine‑fraction agitated bottle roll test (24 h).
• Silver recovery: 94 % in fine‑fraction test; 73–97 % across composite samples.
• Gravity/agitated leach: 95–99 % Au, 73–97 % Ag on five composites; 99 % Au & 73 % Ag from drill core at 120 m depth.

Additional Technical Information

• QA/QC performed by ALS Ltd. (ISO‑9001, ISO/IEC 17025); fire assay for Au, ICP‑MS/AES for Ag and other elements.
• Qualified Person: Mr. Brodie Sutherland, CEO, NI 43‑101 signatory.

Notable Quotes

• Brodie Sutherland (CEO): “His exceptional track record in discovering and advancing gold/precious metal deposits … will be invaluable as we accelerate our path to production at Gran Pilar.”
• Darin Wagner (Special Adviser): “I am excited to join Tocvan… there has literally never been a better time to become a gold producer.”