Calgary, Alberta – December 29, 2022 Tocvan Ventures Corp. (the “Company”) (CSE: TOC; OTCQB: TCVNF; FSE: TV3), is
pleased to provide an annual summary of 2022 and plans for 2023. 2022 was a standout year for the company completing major milestones at its Pilar gold-silver project in Sonora, Mexico. Advancement continued with drilling at Pilar including the Company’s first core drilling program which was successful in intersecting broad mineralization across the Main Zone, returning 116.9-meters of 1.2 g/t Au, including 10.2-meters of 12 g/t Au and 23 g/t Ag. A step-out 125-meters to the southeast intersected a new zone of mineralization, returning 108.9-meters of 0.8 g/t Au, including 9.4-meters of 7.6 g/t Au. Later infill and reconnaissance drilling at Pilar further confirmed mineralization occurs in at least three parallel zones to the Main Zone across a 600-meter wide area and so far defined along 600-meters of strike. Surface indications and historic workings indicate mineralization continues another 600-meters towards the southeast. Column Leach studies from surface material at Pilar returned above regional average recovery for gold (see news release July 21, 2022). At El Picacho, the Company’s brownfields gold-silver project in Sonora, surface work outlined key target areas across the large 24 squarekilometer project area. An initial drill program was completed at its San Ramon Prospect, results are pending.