Calgary, Alberta – April 11, 2023 – Tocvan Ventures Corp. (the “Company”) (CSE: TOC; OTCQB: TCVNF; FSE: TV3),
is pleased to provide the results of a Precious Metal Diagnostic Leach Study from its Pilar Gold-Silver Project in Sonora, Mexico. Five composite samples were collected for the study; three Main Zone surface channel composites (samples 494741, 494743 and 494745); one 4-T surface channel composite (sample 494747); and one drill core coarse reject composite (sample 494749) from drill hole JES-22-62 at 150-meter downhole depth, 125-meters from surface (108.6m of 0.8 g/t Au, including 9.5m of 7.6 g/t Au). Table 1 summarizes the findings of the report and highlights the total recoverable amount of gold and silver possible by gravity concentration followed by agitated cyanide leach of the gravity tails. Precious metal characterization for each sample is summarized in Table 2, highlighted by a large percentage of free gold and silver with the remaining portion predominantly “exposed but attached”, indicating a large percentage of the gold and silver can be recovered. The study was completed by independent and ISO certified, metallurgical lab LTM, a full report of the study is available on the Company’s website.