Tocvan Ventures Corp. announced it has completed and signed a Definitive Agreement with a private title owner for the 100% acquisition of 2,172.7 ha immediately adjacent and north of its Pilar Gold-Silver Project in Sonora, Mexico. The area includes highly prospective zones that have seen limited exploration to date, however recent placer mining suggests untested gold and silver potential.

Tocvan's technical personnel have already completed initial field reconnaissance to evaluate new target areas, results are pending. Terms of the Agreement: Total cash payments of USD 4 million and 2.5 million common shares will be issued over the 5-year term of the agreement. A total minimum work commitment of USD 1 million is considered over the agreement.

The title owner will retain a 2% NSR on the properties acquired. After the initial 5-year term the Company can elect to extend the agreement an additional 10 years by starting advanced royalty payments or purchase full title ownership through an additional cash payment of USD 500,000. Pilar Property: The Pilar Gold-Silver property has recently returned some of the regions best drill results.

Coupled with encouraging gold and silver recovery results from metallurgical test work, Pilar is primed to be a potential near-term producer. Pilar is interpreted as a structurally controlled low-sulphidation epithermal system hosted in andesite rocks. Three primary zones of mineralization have been identified in the north-west part of the property from historic surface work and drilling and are referred to as the Main Zone, North Hill and 4-T. The Main Zone and 4-T trends are open to the southeast and new parallel zones have been recently discovered.

Structural features and zones of mineralization within the structures follow an overall NW-SE trend of mineralization. Mineralization extends along a 1.2-km trend, only half of that trend has been drill tested so far. To date, over 23,000 m of drilling has been completed.