Mr. Christopher Gordon reports

TOCVAN PILOT MINE TRENCH AT GRAN PILAR AVERAGES 4.6 G/T AU WITH SAMPLES UP TO 24.4 G/T AU; NEW ZONE 1.3 KM EAST RETURNS UP TO 234 G/T AG

Tocvan Ventures Corp. has released initial trench results from continuing pilot mine development at its 100-per-cent-owned Gran Pilar gold-silver project in Sonora, Mexico. Main zone Trench 19 returned an average of 4.6 grams per tonne gold, with samples up to 24.4 g/t Au, while Trench 3, testing a new zone approximately 1.3 kilometres east of the pilot mine area, returned an average of 0.8 g/t Au and 100 g/t Ag, with samples up to 234 g/t Ag. Approximately 6,000 tonnes of material from the three trenches have been stockpiled on site, providing early feed characterization for the planned 50,000-tonne pilot facility.

Key highlights:

• Main zone Trench 19: average 4.6 g/t Au, with samples up to 24.4 g/t Au (seven samples totalling 38.3 kilograms);
• Main zone Trench 20: average 1.4 g/t Au, with samples up to 5.5 g/t Au (nine samples totalling 39.0 kg);
• New zone Trench 3 (1.3 km east of the pilot mine area): average 0.8 g/t Au and 100 g/t Ag, with samples up to 234 g/t Ag (seven samples totalling 68.2 kg);
• Approximately 6,000 tonnes stockpiled from the three trenches, providing early feed characterization for the pilot operation; additional trench results are pending; note the trench numbers are not sequential but preplanned trench IDs;
• Results support grade expectations for Main zone pilot feed and identify additional high-grade and new-zone potential for follow-up.

"These initial trench results support our grade expectations for the pilot mine," stated Christopher Gordon, chief executive officer of Tocvan. "High-grade samples from the Main zone, including up to 24.4 g/t gold in Trench 19, combined with the discovery of a new mineralized zone 1.3 km to the east returning significant silver values, reinforce the near-surface potential across Gran Pilar. With roughly 6,000 tonnes stockpiled from these trenches and additional trench results pending, we are building momentum toward our targeted 2026 pilot operation."

Trench details

The two Main zone trenches (trenches 19 and 20) were completed within established high-priority oxide targets near the pilot facility. Trench 3 tested a new zone approximately 1.3 kilometres east of the pilot mine area, returning encouraging gold and notably high silver values. All trench material has been hauled and stockpiled on site as part of the company's phased pilot development plan (Table 1).

These results complement continuing site preparation, including heap-leach pad construction, and recent positive closed-circuit column leach metallurgical work supporting target recoveries for the pilot. Additional trenching, sampling and haulage continue as the company works to secure and characterize feed for the 50,000-tonne pilot facility.

Reported averages and maximum values are based on the individual trench samples summarized above. Individual sample results are not necessarily representative of the average grade of the stockpiled material. True widths of mineralization are unknown.

About Tocvan Ventures Corp .

Tocvan Ventures is an exploration and development company advancing gold and silver projects in the mining-friendly jurisdiction of Sonora, Mexico. At its flagship Gran Pilar gold-silver project, Tocvan holds a 100-per-cent interest in over 22 square kilometres of prospective ground, with the 2023 land acquisition providing space for mine infrastructure, including a planned 50,000-tonne pilot production facility. Recent exploration results include near-surface 3.1 m at 19.4 g/t Au. Tocvan also holds the 100-per-cent-owned Picacho gold-silver project, located in the Caborca trend of Sonora. Metallurgical test work has returned up to 99-per-cent gold recovery and 97-per-cent silver recovery. With approximately 79.5 million shares outstanding, Tocvan is focused on advancing its assets through exploration, development and pilot-scale production.

Brodie A. Sutherland, executive chair for Tocvan Ventures and a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this release.

Quality assurance/quality control

Samples were submitted to Laboratorio Tecnologico de Metalurgia LTM SA de CV (LTM) in Hermosillo, Sonora. Gold and silver were determined by LTM method AMP-1, a 30-gram fire assay with an atomic absorption spectrophotometry finish for gold and a gravimetric finish for silver. LTM states that method AMP-1 is accredited to ISO/IEC 17025:2017 (accreditation No. 104 432) for the determination of gold by atomic absorption and silver by gravimetry (scope 50 to 1,000 g/t). LTM reports a gold limit of detection of 0.004 g/t; silver results below 20 g/t are reported as less than 20 g/t. As part of its internal quality control, LTM analyzed certified reference materials and repeat analyses on selected samples. The laboratory was not responsible for sample collection.

We seek Safe Harbor.