Mr. Brodie Sutherland of Tocvan reports

TOCVAN RESTARTS DRILLING AT PILAR MAIN ZONE

Tocvan Ventures Corp. has begun the much awaited restart of drilling at its road-accessible Pilar gold-silver project in the mine-friendly state of Sonora, Mexico. The company has been busy reviewing all past data with an independent resource professional to determine the most effective use of drill meters for the upcoming campaign. Work completed has outlined 7,000 meters of drilling required within the Pilar concessions held along with minority partner, Colibri Resources. This includes, 4,000 meters of infill drilling within known areas of mineralization and 3,000 meters of step-out and exploration drilling on the peripherals of drilled mineralization and/or strong surface geochemistry indicating highly prospective targets. All proposed drilling is fully permitted. The outcome of the proposed drilling will go into the definition of a maiden resource estimate for the Pilar Main Zone, providing an important building block for the company. The first drill hole will follow-up on JES-22-62, which returned 108.6m of 0.8 grams per tonne Au and 3 grams per tonne Ag. The drill rig mobilized to site April 1st and began drilling hole JES-24-73 on April 2nd. The company will update as drilling progresses.

"We are excited to report the drill is back onsite and turning at Pilar." commented Brodie Sutherland, CEO. "It's been nearly two years since we last drilled at Pilar, with the previous drill program identifying new areas of mineralization to the east and southeast of Pilar's Main Zone. We now look to continue to expand the overall footprint while we build towards a maiden resource at Pilar. With gold prices hitting all time highs, we feel this is the right time to aggressively advance our projects."

About the Pilar Property

The Pilar Gold-Silver property has 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. Initially three primary zones of mineralization were identified on the original property from historic surface work and drilling and are referred to as the Main Zone, North Hill and 4-T. Each trend remains open to the southeast and north and new parallel zones have been 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. The company has now expanded its interest in the area by consolidating 22 square-kilometers of highly prospective ground where it has already made significant surface discoveries.

Pilar Drill Highlights:

2022 Phase III Diamond Drilling Highlights include (all lengths are drilled thicknesses):

• 116.9 metres of 1.2 grams per tonne Au, including 10.2 metres of 12 grams per tonne Au and 23 grams per tonne Ag
• 108.9 metres of 0.8 grams per tonne Au, including 9.4 metres of 7.6 grams per tonne Au and 5 grams per tonne Ag
• 63.4 metres of 0.6 grams per tonne Au and 11 grams per tonne Ag, including 29.9 metres of 0.9 grams per tonne Au and 18 grams per tonne Ag

2021 Phase II RC Drilling Highlights include (all lengths are drilled thicknesses):

• 39.7 metres of 1.0 grams per tonne Au, including 1.5 metres of 14.6 grams per tonne Au
• 47.7 metres of 0.7 grams per tonne Au including 3 metres of 5.6 grams per tonne Au and 22 grams per tonne Ag
• 29 metres of 0.7 grams per tonne Au
• 35.1 metres of 0.7 grams per tonne Au2020

Phase I RC Drilling Highlights include (all lengths are drilled thicknesses):

• 94.6 metres of 1.6 grams per tonne Au, including 9.2 metres of 10.8 grams per tonne Au and 38 grams per tonne Ag;
• 41.2 metres of 1.1 grams per tonne Au, including 3.1 metres of 6.0 grams per tonne Au and 12 grams per tonne Ag;
• 24.4 metres of 2.5 grams per tonne Au and 73 grams per tonne Ag, including 1.5 metres of 33.4 grams per tonne Au and 1,090 grams per tonne Ag
• 15,000m of Historic Core & RC drilling.
• Highlights include:
• 21.0 metres of 38.3 grams per tonne Au and 38 grams per tonne Ag
• 13.0 metres of 9.6 grams per tonne Au
• 9.0 metres of 10.2 grams per tonne Au and 46 grams per tonne Ag
• 61.0 metres of 0.8 grams per tonne Au

Pilar Bulk Sample Summary:

• 62 per cent Recovery of Gold Achieved Over 46-day Leaching Period
• Head Grade Calculated at 1.9 grams per tonne Au and 7 grams per tonne Ag; Extracted Grade Calculated at 1.2 grams per tonne Au and 3 grams per tonne Ag
• Bulk Sample Only Included Coarse Fraction of Material (+3/4" to +1/8")Fine Fraction (-1/8")
• Indicates Rapid Recovery with Agitated Leach
• Agitated Bottle Roll Test Returned Rapid and High Recovery Results: 80 per cent Recovery of Gold and 94 per cent Recovery of Silver after Rapid 24-hour Retention Time
• Additional Metallurgical Studies Gravity Recovery with Agitated Leach Results of Five Composite Samples Returned
• 95 to 99 per cent Recovery of Gold73 to 97 per cent Recovery of Silver
• Includes the Recovery of 99 per cent Au and 73 per cent Ag from Drill Core Composite at 120-meter depth.

About Tocvan Ventures Corp.

Tocvan is a well-structured exploration and development company. Tocvan was created in order to take advantage of the prolonged downturn in the junior mining exploration sector, by identifying and negotiating interest in opportunities where management feels they can build upon previous success. Tocvan has approximately 43 million shares outstanding and is earning into two exciting opportunities in Sonora, Mexico. The company has consolidated an attractive land position at its Pilar Gold-Silver Project where it holds 100 per cent interests in over 21 square kilometers of prospective area and a majority ownership (51 per cent) in a one square kilometer area shared with Colibri Resources. The company also holds 100 per cent interest in the Picacho Gold-Silver project in the Caborca Trend of northern Sonora, a trend host to some of the major gold deposits of the region. Management feels both projects represent tremendous opportunity to create shareholder value.

Quality Assurance / Quality Control

Channel samples were shipped for sample preparation to ALS Limited in Hermosillo, Sonora, Mexico and for analysis at the ALS laboratory in North Vancouver. The ALS Hermosillo and North Vancouver facilities are ISO 9001 and ISO/IEC 17025 certified. Gold was analyzed using 50-gram nominal weight fire assay with atomic absorption spectroscopy finish. Over limits for gold (>10 grams per tonne), were analyzed using fire assay with a gravimetric finish. Silver and other elements were analyzed using a four-acid digestion with an ICP finish. Over limit analyses for silver (>100 grams per tonne) were re-assayed using an ore-grade four-acid digestion with ICP-AES finish. Control samples comprising certified reference samples and blank samples were systematically inserted into the sample stream and analyzed as part of the company's robust quality assurance / quality control protocol.

Brodie A. Sutherland, CEO for Tocvan Ventures Corp. and a qualified person ("QP") as defined by Canadian National Instrument 43-101, has reviewed and approved the technical information contained in this release.

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