Tocvan Ventures Corp. announced it has identified several target areas through its due diligence field work completed within the Pilar expansion area in Sonora, Mexico. Due diligence including ground reconnaissance is complete for the land expansion acquisition surrounding Pilar and the Company is now finalizing a definitive agreement.

Recent placer activity, historic workings, and prospective geology all indicate the area is highly prospective for gold and silver. Pilar Expansion area coves over 21 square-kilometers of prospective ground surrounding the established Pilar project. The stock options are exercisable at $0.50 per share and shall expire five years from the date of grant.

The Pilar Gold-Silver property has recently returned some of the region's 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. 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.

2022 Phase III Diamond Drilling Highlights include (all lengths are drilled thicknesses): 116.9m @ 1.2 g/t Au, including 9.2m @ 10.8 g/t Au and 38 g/t Ag; 41.2m @ 1.1 g/t Au, including 3.1m @ 6.0 g/t Au and 12 g/t Ag; 24.4m @ 2.5 g/t Au and 73 g/t Ag, including 1.5m @ 33.4 g/t Au and 1,090 g/t Ag; 15,000m of Historic Core & RC drilling. The project has only seen widelyspaced reconnaissance drilling with no follow-up. Tocvan believes this provides an excellent opportunity for discovery of gold and silver recovery results.