Gran Pilar expands into a district: Tocvan discovers new gold-silver zones and advances pilot mine development

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 latest drill results from the Gran Pilar Project, including the discovery of three new gold-silver zones outside the known Main Zone; the possibility that newly identified mineralized trends, structural corridors and target areas represent part of a larger district-scale epithermal gold-silver system; the significance and interpretation of mineralization identified along the El Mezquite Trend, the South Block Mag High Target, the new eastern trend, the Bojorquez Target and other target areas within the broader Gran Pilar district; the interpretation of gold, silver, arsenic, base metal values, alteration patterns, quartz-rich mineralization, silicification, oxidation, magnetic anomalies and geochemical signatures as indicators of hydrothermal activity, structural corridors, feeder zones or potentially higher-grade mineralization; the expectation that ongoing and future exploration activities may define, expand, connect or better understand mineralized zones and structural corridors across the project; the anticipated timing, frequency and impact of upcoming assay results and related news flow from 19 pending drill holes, additional surface sampling, mapping, trenching, geophysics and operational updates; the possibility that multiple target areas within the South Block, North Block, Main Zone, El Mezquite Trend, Bojorquez Target, new eastern trend 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, geophysical interpretation and geochemical surveys; the significance and interpretation of more than 6,200 m of drilling completed to date within the fully funded 20,000 m drill program and the potential relevance of more than 3,800 m of pending drill results; the potential for further step-out drilling to identify additional mineralized zones or expand the known footprint of the system; the advancement of site activities including road work, infrastructure development, field office installation, perimeter fencing, fuel and supply facilities, heap leach pad preparation, stockpiling of material and other operational preparations; the preparation, development, timing, construction, commissioning 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, stockpile 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 gold and silver prices, market sentiment, geopolitical uncertainty, ETF flows, central bank buying and broader capital market conditions 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 characteristics, 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, alteration patterns, quartz-rich mineralization or surface sample results 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, material stockpiling 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, commissioning 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 characteristics,” “district expansion,” “multi-target system,” “discovery corridor,” “exploration upside,” “pilot production,” “value drivers,” “market attention,” “catch-up potential,” “intense news phase” 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.

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