Tocvan accelerates with a second drill rig: More drillpower for the South Block

Disclaimer and Forward-Looking Information: Rockstone and Tocvan Ventures Corp. (“Tocvan”; “the Company”) 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, other than statements of historical fact, 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, including public statements by the Company and its representatives. Forward-looking statements include, but are not limited to, statements, expectations, assessments and assumptions regarding: The significance and interpretation of recent drill results and target generation in the South Block; the geological relevance of the newly identified gold-silver zones and target areas, including El Mezquite, the Central Target, East Placer Source, the Northwest Soil Anomaly, the Central Magnetic High and the North Extensions; the extent to which recent results may define, expand or better explain mineralized trends; the possible continuity, scale, orientation and economic relevance of mineralization across the South Block and wider Gran Pilar project area; the ability of the second RC drill rig to accelerate the pace of exploration, increase drilling productivity, support parallel target testing and improve the overall efficiency of the 20,000 m drill program; the potential for follow-up drilling to refine geological models, improve targeting and return additional mineralized intervals; the anticipated timing, pace and effectiveness of ongoing and planned exploration activities, including drilling, sampling, mapping, geophysical interpretation and testing of previously untested areas; the potential for multiple target areas to contribute to a broader mineralized system; the advancement of technical work programs, including metallurgical testing, engineering, environmental baseline work and infrastructure preparation; the development, timing, construction, installation, commissioning and operation of a pilot mine facility, including assumptions regarding throughput, recoveries, performance and scalability; the extent to which pilot-scale work may provide useful technical data or support future development decisions; the ability to define suitable material for pilot-scale operations; the timing, scope and usefulness of a maiden resource estimate; the adequacy of available funding to support planned exploration and development activities; and the anticipated timing and impact of future operational milestones, assay results and news flow. Public disclosures by the Company indicate that Gran Pilar remains fully permitted for drilling and pilot mine development across 100% controlled ground, that a pilot facility design has been advanced and that metallurgical work has returned strong gold and silver recoveries, but such disclosures do not eliminate the technical, operational, regulatory or financial risks associated with exploration-stage and pre-development-stage projects. Statements in this report regarding exploration potential, target quality, system size, expansion opportunities, drilling momentum, operational leverage, pilot facility development, resource growth, technical de-risking, future development pathways or the possible value significance of the South Block are based on limited information, management commentary and publicly available disclosures at the time of writing. Such statements are inherently uncertain and should not be interpreted as a guarantee of future performance, a mineral resource estimate, an economic study, a production decision or an assurance that any specific technical, geological or commercial outcome will be achieved. There are currently no mineral reserves defined for the project, and no assurance can be given that ongoing or future work will result in the definition of a mineral resource, successful pilot operations or the advancement of the project to commercial production. Any reference in this report to “growth engine,” “value driver,” “newsflow,” “de-risking,” “system scale” or similar expressions reflects the author’s interpretation only and should not be read as confirmation of economic viability or development certainty. 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 or developments to differ materially from those expressed or implied. These risks and uncertainties include, but are not limited to: The inherently speculative nature of mineral exploration and development; the possibility that drilling, sampling, geophysics or geological interpretation may not confirm current models or expectations; geological uncertainties related to grade, continuity, geometry, alteration, structural controls and economic relevance of mineralized zones; the risk that follow-up drilling may not successfully expand, connect or define mineralization; the possibility that individual targets in the South Block may not yield results comparable to earlier drill intercepts; the risk that a second drill rig may not translate into the expected increase in effective productivity, drilling success or timing of results; risks related to assay variability, sampling representativeness, laboratory turnaround times, data quality, QA/QC outcomes and technical interpretation; operational risks associated with drilling, trenching, field activities and contractor performance; risks related to access, infrastructure, weather, equipment availability, community relations, logistics, road building and site conditions; uncertainties related to the timing, cost, design, construction and performance of a pilot facility, including the possibility that pilot-scale results may not be representative of larger-scale operations; risks associated with metallurgical variability, recoveries, feed characteristics and processing performance; uncertainty regarding the timing, scope and conclusions of any maiden resource estimate; dependence on third-party contractors, laboratories, engineers and service providers; environmental, regulatory, permitting and social risks, particularly in Mexico; financing and liquidity risks, including the possibility that additional capital may be required and may not be available on acceptable terms; fluctuations in gold and silver prices, exchange rates, inflation, interest rates and capital market conditions; and broader macroeconomic, geopolitical and industry risks beyond the Company’s control. Tocvan’s public materials also make clear that conceptual exploration targets are conceptual in nature and that there has been insufficient drilling to define a mineral resource in several areas of the project, with no certainty that further exploration will lead to such a result. In addition, portions of this report may include commentary on market conditions, including trends in gold prices, junior mining equities and comparative valuation. Such commentary reflects market interpretation only and should not be construed as investment advice, a prediction of future performance or an assurance that historical patterns will repeat. 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. 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.

Disclosure of Interests and Legal Notice: Nothing in this report should be construed as an invitation to buy or sell securities. Rockstone, its owners, and the author of this report are not registered broker-dealers or financial advisors. Before investing in securities, you should always consult your financial advisor and a registered broker-dealer. Never make an investment decision based solely on online or printed reports, including reports from Rockstone – particularly when it comes to small, thinly traded companies. The author of this report, Stephan Bogner, received compensation from Tocvan Ventures Corp. in the amount of 19,000 CAD for a period of 3 months. In addition, he holds securities of Tocvan and will therefore also benefit from increased trading volume and share price appreciation. This represents a significant conflict of interest that may affect the objectivity of this reporting. The author may buy or sell securities of Tocvan at any time without notice, which may give rise to additional conflicts of interest. This report should be understood as a promotional publication and does not replace individual investment advice. All information is current as of the date of publication and is subject to change without notice. Liability for financial losses resulting from investments made on the basis of this report is excluded. The views of Rockstone and the author regarding the companies presented in this report reflect solely their own assessments and are based on information from public sources deemed reliable. Rockstone and the author have not conducted independent due diligence. Neither Rockstone nor the author guarantees the accuracy, completeness, or usefulness of the content, nor its suitability for any particular purpose. There is likewise no guarantee that the companies mentioned will perform as expected, or that comparisons with other companies will prove valid. Please read the full disclaimer carefully. If you do not agree with it, do not use this website or report. By using the website or this report, you agree to the disclaimer, regardless of whether you have read it in full. The information provided is of a general and educational nature. Data, tables, figures, and images, unless otherwise indicated or linked, originate from Tradingview.com, Stockwatch.com, Tocvan Ventures Corp., and publicly available sources.