Tocvan advances toward pilot production: Heavy equipment arrives on site

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 by its management. Forward-looking statements include, but are not limited to, statements, expectations and assumptions regarding: The significance and interpretation of ongoing drilling activities and pending assay results, including the expectation that these may contribute to refining, expanding or better understanding mineralized zones; the anticipated timing, frequency and impact of upcoming assay results and related news flow; the potential for continued drilling to support geological models and define additional mineralization; the scale, continuity, orientation and potential relevance of mineralization within the South Block and the broader Gran Pilar project area; the possibility that multiple target areas may contribute to a larger, connected gold-silver mineralized system; the execution, pace and effectiveness of the ongoing 20,000 m drill program; the impact of parallel drilling activities and operational work programs; the advancement of site activities including trenching, road construction, material handling and infrastructure development; the preparation, development, timing, construction and potential operation of a pilot-scale mining facility, including assumptions regarding throughput, recoveries, performance and scalability; the extent to which pilot-scale work may provide meaningful technical data; the ability to identify and process suitable material for pilot operations; metallurgical performance and its implications for processing; the timing, scope and outcome of a maiden resource estimate; the availability of funding to support ongoing and planned activities; and the expected timing of future operational milestones, results and updates. Statements regarding exploration potential, system scale, target quality, drilling activity, operational progress, pilot mine preparation, resource growth, 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 production decision or an assurance that any specific technical 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, successful pilot operations 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 and development; geological uncertainties related to grade, continuity, geometry and economic relevance of mineralization; the possibility that drilling results may not confirm current interpretations; the risk that pending assay results may not align with expectations; the possibility that follow-up drilling may not expand or connect mineralized zones; variability in sampling, laboratory analysis, data quality and interpretation; operational risks associated with drilling, trenching, fieldwork and contractor performance; risks related to access, infrastructure, logistics, equipment availability and site conditions; delays or disruptions related to weather, permitting or other external factors; uncertainties related to the design, construction, timing, cost and performance of a pilot facility, including the risk that pilot-scale results may not translate to larger-scale operations; metallurgical risks including variability in recoveries and processing characteristics; reliance on third-party contractors, laboratories and service providers; environmental, regulatory, permitting and social risks, particularly in Mexico; financing and liquidity risks, including the potential need for additional capital; fluctuations in gold and silver prices, exchange rates, inflation and broader economic conditions; and geopolitical and industry 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 or operational terminology used in this report, including references to drilling activity, project advancement, development progress or pilot-scale preparation, reflects the interpretation of the author and should not be considered as confirmation of economic viability or development certainty. 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.