Tocvan discovers new gold-silver system at Gran Pilar

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 includes expectations, interpretations, projections and assumptions based on information available at the time of writing, including public disclosures by the Company and statements made by its management. Forward-looking statements include, but are not limited to, statements, expectations and assumptions regarding: The significance, interpretation and geological implications of the newly identified Bojorquez Target, including the possibility that it represents part of a larger district-scale gold-silver system at Gran Pilar; the interpretation of elevated gold, silver, arsenic, antimony and base metal values as indicators of hydrothermal activity, structural feeder zones or higher-grade mineralization; the significance and interpretation of magnetic anomalies, geochemical signatures, quartz-tourmaline veins, alteration patterns, oxidation, silicification and other geological indicators as evidence of potentially significant mineralized systems; the expectation that ongoing and future exploration activities may define, expand or better understand mineralized zones and structural corridors within the broader Gran Pilar district; the anticipated timing, frequency and impact of upcoming assay results and related news flow from pending drill holes, rock samples and surface sampling campaigns; the possibility that multiple target areas within the South Block, Main Zone, El Mezquite Target, Bojorquez Target and broader Gran Pilar project area may contribute to a larger or more advanced gold-silver mineralized system; the execution, pace and effectiveness of ongoing and planned exploration programs, including drilling, mapping, trenching, geophysics and geochemical surveys; the expected impact of additional drill rigs, expanded exploration programs and future drilling campaigns; the significance and interpretation of pending assay results from more than 300 surface samples collected across the South Block and from 21 pending drill holes; the timing, outcome and significance of assay results from the newly identified El Mezquite Target area; the advancement of site activities including mapping, sampling, trenching, road work, infrastructure development and operational preparation; the preparation, development, timing, construction and potential operation of the fully permitted pilot mine or pilot facility, including assumptions regarding throughput, recoveries, scalability, technical performance, operating costs and potential cash flow; the ability to identify, extract, transport and process suitable material for pilot-scale operations; metallurgical performance and its implications for recovery rates, processing suitability and future development planning; the potential for the Company to transition from an exploration-stage company toward future pilot-scale or commercial production; the expected impact of rising gold prices, improved market sentiment, ETF inflows, geopolitical uncertainty and central bank buying on the junior mining sector and on market interest in the Company; the availability of sufficient funding to support ongoing and planned activities; and the expected timing of future operational milestones, assay results, infrastructure updates and corporate announcements. Statements regarding exploration potential, district-scale potential, target quality, geological interpretation, mineralization corridors, structural controls, exploration upside, pilot mine development, pilot-scale operations, future production potential, operational progress, market interest, value drivers, project advancement or future development pathways are based on limited information, technical interpretation, management commentary and publicly available disclosures as of the date of publication. Such statements are inherently uncertain and should not be interpreted as a guarantee of future performance, a mineral resource estimate, an economic study, a feasibility study, a production decision, a construction decision or an assurance that any specific technical, operational, financial or commercial outcome will be achieved. There are currently no mineral reserves defined for the project and, unless otherwise disclosed, no completed maiden resource estimate. There can be no assurance that ongoing or future exploration will result in the definition of a mineral resource, the successful operation of a pilot facility, the generation of cash flow or the advancement of the project to commercial production. Forward-looking statements are based on current expectations, assumptions and beliefs and involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. These risks include, but are not limited to: The speculative nature of mineral exploration, development and pilot-scale operations; geological uncertainties related to grade, continuity, geometry, scale, orientation, structural controls and economic relevance of mineralization; the possibility that magnetic anomalies, geochemical signatures, pathfinder elements, quartz-tourmaline veins or alteration patterns may not correspond to economically significant mineralization; the possibility that drilling results may not confirm current geological interpretations; the risk that pending assay results from drill holes, rock samples or surface samples may not align with expectations; the possibility that follow-up drilling may not expand, connect or validate mineralized zones or corridors; variability in sampling, sample preparation, laboratory analysis, QA/QC procedures, data quality and technical interpretation; operational risks associated with drilling, trenching, mapping, sampling, road work, heavy equipment, fuel storage, site preparation and contractor performance; risks related to drill rig availability, contractor scheduling, equipment breakdowns, labor availability, fuel supply, logistics, infrastructure and site conditions; delays or disruptions related to weather, permitting, regulatory requirements, community matters, land access or other external factors; uncertainties related to the design, procurement, delivery, installation, construction, timing, cost and performance of the pilot facility and related processing equipment; the risk that pilot-scale results may not translate to larger-scale operations or may not demonstrate expected recoveries, throughput, metallurgical performance, operating costs or economic viability; metallurgical risks including variability in recoveries, material characteristics, leaching behavior and processing suitability; environmental, safety and regulatory risks associated with mining and pilot-scale operations; reliance on third-party contractors, laboratories, suppliers, consultants and service providers; social, legal, community and land-access risks; regulatory, permitting and political risks, particularly in Mexico; financing and liquidity risks, including the potential need for additional capital despite current funding levels; fluctuations in gold and silver prices, exchange rates, inflation, interest rates, operating costs, capital costs and broader economic conditions; volatility affecting junior mining equities; and geopolitical, legal, tax, industry and macroeconomic risks beyond the Company’s control. The Company has indicated that certain areas of the project remain at an early stage of exploration and that conceptual targets are inherently uncertain. There has been insufficient drilling in parts of the project to define a mineral resource and there is no certainty that further exploration will lead to such a result. Any technical, operational or market-related terminology used in this report, including references to “district-scale potential,” “multi-target gold camp,” “discovery corridor,” “exploration upside,” “pilot production,” “value drivers,” “market attention,” “catch-up potential” or similar expressions, reflects the interpretation and opinion of the author and should not be considered as confirmation of economic viability, development certainty, commercial production potential or future share-price performance. 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, developments 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.