South Block drilling kicks off: Tocvan ramps up with up to 3 rigs

Disclaimer and Forward-Looking Information: Rockstone and Tocvan Ventures Corp. (“Tocvan”) expressly point out that all forward-looking information contained in this report does not represent a guarantee of future results or performance. Actual results may differ materially from those projected. Readers are referred to Tocvan’s public filings, available on SEDAR+ at www.sedarplus.ca, for a more detailed discussion of risk factors and their potential impact. All statements in this report that are not historical facts constitute forward-looking statements. This report contains expectations, interpretations, projections and assumptions made by the author based on information available at the time of writing. Forward-looking statements include, but are not limited to, statements, expectations, assessments and assumptions regarding: The continued exploration, evaluation and advancement of the Gran Pilar Gold-Silver project in Sonora, Mexico; the scope, timing, pace and execution of current and future drilling, trenching, sampling, geophysical and geological programs; the restart and progression of drilling in the South Block and the planned focus on newly defined targets derived from integrated magnetic, geochemical and geological datasets; the potential to expand known mineralization in the Main Zone and the extent to which the South Block may contribute to resource growth; the continued evaluation and drill-testing of the North Block, including the potential discovery and outlining of a large-scale epithermal gold-silver system; the interpretation, timing and significance of pending and future exploration results, and the extent to which such results may support follow-up drilling or revised targeting; the availability, deployment and concurrent operation of multiple drill rigs (including the potential use of up to 3 rigs) and the expected impact of increased drilling capacity on program pace and the cadence of news flow; the ongoing preparation, advancement and development pathway of the permitted Pilot Mine site, including assumptions regarding engineering, scheduling, logistics, infrastructure and operational readiness; the anticipated timing, performance and outcomes of pilot-scale mining and processing activities, including metallurgical performance and the applicability of pilot-scale results to future development decisions; the company’s ability to advance Gran Pilar through parallel exploration and development workstreams; expectations regarding gold and silver prices, foreign exchange rates, capital markets conditions and investor interest; the completion, timing and terms of the announced bought-deal financing (including the upsized amount), the potential exercise of any underwriter option, and the use of proceeds; and Tocvan’s ability to secure financing, manage liquidity and execute exploration and development programs in a manner consistent with its stated objectives. Forward-looking statements are based on current expectations, assumptions and beliefs of management and the author as of the date of publication and involve known and unknown risks, uncertainties and other factors that may cause actual results, performance, developments or events to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to: The inherently speculative nature of mineral exploration and early-stage mining activities; the risk that planned drilling programs, rig availability, contractor performance, access, infrastructure or logistical conditions may delay, modify, expand or reduce planned work, or prevent programs from proceeding as currently anticipated; the risk that exploration results may not confirm current geological interpretations, target concepts or expectations; geological uncertainties, including variability in grade, continuity, geometry, structural controls or scale of mineralized zones and the possibility that anomalous surface results may not translate into economically meaningful mineralization at depth; the possibility that early-stage, interim or selective results may change as additional drilling and data become available; risks related to sampling, assaying, QA/QC, data integrity and interpretation; operational risks associated with exploration activities and Pilot Mine site advancement, including technical, equipment-related, workforce-related or supply-chain challenges; uncertainties related to pilot-scale performance, recoveries, throughput, operating costs, timelines and ramp-up, and the risk that pilot-scale outcomes may not be indicative of larger-scale commercial results; potential cost overruns, inflationary pressures or deviations from projected budgets; regulatory, environmental, social or permitting risks, including potential delays, modifications or changes to compliance requirements, even where key permits have been granted; volatility in gold and silver prices, exchange rates, interest rates and capital markets; political, regulatory, fiscal or legal changes in Mexico that could affect mining operations, permitting, taxation, repatriation of capital or project economics; risks related to financing, liquidity and access to capital on acceptable terms, including the risk that the bought-deal financing may not close on the expected timeline or on the expected terms, and potential dilution; dependence on key personnel, contractors, suppliers and third-party service providers; environmental, community, land access or stakeholder-related risks; security-related risks; and broader macroeconomic, geopolitical or market-related factors beyond the Company’s control. Forward-looking statements are inherently subject to significant risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. Actual results and future events may differ materially from those expressed or implied by forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. Neither Rockstone, the author nor Tocvan Ventures Corp. undertakes any obligation to update or revise forward-looking statements, except as required by applicable law.

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