Tocvan Ventures Corp. announced it has begun preparation for an initial Bulk Sample at its Pilar Gold-Silver Project in Sonora, Mexico. Up to 1,000 tonnes of oxide-gold material will be extracted from select areas exposed at surface across the project area, focusing on the Main Zone and 4-T Trends where preliminary column leach studies have returned promising head-grade and recovery results.

Bulk Sample material will be extracted and prepared in February for processing by heap-leach method at a private mining operation less than 25 kilometers to the west of Pilar. Information from the sample will aim to provide a more detailed account of expected head-grade and recovery percentage of gold along with providing key information to optimize future production facilities. In coordination with the Bulk Sample, additional metallurgical sampling will be completed to identify gold characteristics to further improve gold extraction techniques.

The process will be managed by an independent qualified professional specializing in the metallurgy of oxide-gold deposits. Total duration of the processing and analysis of the bulk sample is expected to span three to four months depending on the rate of precious metals actively recovered through the heap-leach process. The information provided from the sample will be used for planning in coordination for permitting of full-scale mine and process facilities on-site at Pilar.

Pilar Metallurgy Highlights 2021 Bottle Roll Results SGS (Durango) - Main Zone RC Drill Hole Composites (from JES-20-32, 94.6m at 1.6 g/t Au) Sample 494801 - 1.15 g/t Au Head Grade, 91.6% Recovery of Au Sample 494804 - 0.63 g/t Au Head Grade, 90.6% Recovery of Au 2022 Column Leach Study Four (4) Column Leach Samples from Surface Trenches across Main Zone and 4T Trend Head Grade Range: 0.4 g/t Au to 5.0 g/t Au* Gold Recovery Range: 88.9% to 96.9%* Pilar Project Overview: Over 23,000 meters drilled to date Gold-Silver Mineralization defined along a 600-meter Trend and expanding over a 1.2- kilometer corridor Drilling Highlighted by: 116.9-meters of 1.2 g/t Au, including 10.2-meters of 12 g/t Au and 23 g/t Ag Preliminary Gold Recovery from Bottle-Roll and Column Leach above 85%.