Tocvan Ventures Corp. provided results from a Bulk Sample completed at its Pilar gold-silver project Sonora, Mexico. Independent Qualified Professionals at LTM of Hermosillo have provided a final report after the completion of final analytical results.

LTM notes that increased gold and silver recovery is likely with a more consistent flowrate. LTM has recommended a duplicate column leach study of available bulk sample composite material to verify the ultimate gold and silver extractions under heap leach. It is also important to note the low cyanide (NaCN) consumption recorded (0.19 kg/t), indicating low cost of operation.

In addition to the heap leach study, an agitated bottle roll test was completed by LTM on a bulk sample composite for comparison of the two methods. Rapid gold and silver recovery was recorded from minus 20 Mesh material returning 80% recovery of gold and 94% recovery of silver after just 24-hours of retention time. Rapid recovery of gold (80%) and silver (94%) achieved after 24-hours of retention time".

The Company plans to issue 300,000 Common Shares at a deemed price of $0.50, as a debt settlement to a consultant of the Company. Coupled with encouraging gold and silver recovery results from metallurgical test work, Pilar is primed to be a potential near-term producer. 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 10.2m @ 12 g/t Au and 23 g/t Ag; 108.9m @ 0.8 g/t Au, including 9.4m @ 7.6 g/t Au and 5 g/t Ag; 63.4m @ 120-meter Depth.