Mr. Brodie Sutherland reports

TOCVAN DISCOVERS NEW HIGH-GRADE AT-SURFACE SILVER-GOLD ZONE 900 M EAST OF PILOT FACILITY AT GRAN PILAR PROJECT

DRILLS 1.5 M OF 581 G/T AG AND 2.2 G/T AU

Tocvan Ventures Corp. has discovered a new mineralized silver-gold zone at surface, located just 900 metres east of the planned pilot facility (approximately 1,000 metres northeast of the Main zone) at its 100-per-cent-owned Gran Pilar gold-silver project in Sonora, Mexico.

The new zone was intersected in four drill holes, with three holes returning significant near-surface mineralization. Results confirm a robust vein system and demonstrate strong potential to expand resources in close proximity to planned infrastructure.

Key highlights:

• New high-grade discovery at surface adjacent to existing road access, only 900 metres east of the pilot facility;
• Standout intercept in hole JES-26-152: 1.5 metres grading 2.2 grams per tonne gold and 581 grams per tonne silver within a broader mineralized zone of 9.2 metres of 0.4 g/t Au and 110 g/t Ag from 27.5 m;
• Consistent near-surface mineralization across multiple holes:
  • 4.6 m at 0.3 g/t Au and 86 g/t Ag from surface (JES-26-152);
  • 4.6 m at0.5 g/t Au and 86 g/t Ag from surface (JES-26-148);
  • 6.1 m at 0.4 g/t Au and 76 g/t Ag from surface (JES-26-150);
• Strategic location advantage: proximity to the permitted 50,000-tonne pilot facility supports low-cost development, reduced haulage and potential integration into near-term production plans;
• Expansion upside: mineralization strengthens northward and aligns with a strong soil geochemical anomaly, indicating further potential along the trend;
• Vein system confirmation: multiple holes intersected historic underground workings with surrounding mineralization, validating continuity of the mineralized structure.

Why this matters

This new zone adds high-grade, near-surface silver-gold mineralization in immediate proximity to Tocvan's permitted pilot facility. With construction advancing and first gold-silver dore targeted for Q4 2026, the discovery enhances the project's near-term production potential while expanding the overall mineralized footprint. The combination of at-surface intercepts, high silver grades and infrastructure synergy positions Gran Pilar for efficient, low-capital-expenditure development in a rising precious metals market.

Brodie A. Sutherland, chief executive officer of Tocvan, commented: "We are thrilled with these drill results confirming a new high-grade silver-gold zone at surface just 900 metres east of our permitted pilot facility. The standout intercept of 1.5 metres grading 581 g/t silver and 2.2 g/t gold, along with consistent near-surface mineralization in multiple holes, highlights the strong potential of this area. With construction advancing toward first gold-silver dore production in Q4 2026, this discovery provides an excellent opportunity to enhance our near-term production plans while benefiting from existing road access and low development costs. We see significant upside for further expansion along this trend and look forward to additional drilling to unlock more value at Gran Pilar."

About Tocvan Ventures Corp.

Tocvan Ventures is a dynamic exploration and near-term producer advancing high-potential gold and silver projects in the mine-friendly jurisdiction of Sonora, Mexico. At its flagship Gran Pilar gold-silver project, Tocvan holds a 100-per-cent interest in over 21 square kilometres of prospective ground, bolstered by the pivotal 2023 land acquisition that provides ample space for scalable mine infrastructure, including a planned 50,000-tonne pilot production facility. Recent exploration successes, including near surface 3.1 m at 19.4 g/t Au, underscore Gran Pilar's potential as a premier gold-silver asset. Additionally, Tocvan's 100-per-cent-owned Picacho gold-silver project, located in the prolific Caborca trend -- home to some of Mexico's largest gold deposits -- positions the company for further growth. With robust metallurgical results (up to 99-per-cent gold recovery and 97-per-cent silver recovery) and a strategic capital to bolster growth, Tocvan is poised to deliver significant shareholder value in a market buoyed by record-high gold prices. With approximately 78.7 million shares outstanding, Tocvan is committed to unlocking the full potential of its assets through innovative exploration, strategic development and investor-focused initiatives.

Brodie A. Sutherland, chief executive officer for Tocvan Ventures and a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this release.

Quality assurance/quality control

Rock and drill samples were shipped for sample preparation to ALS Ltd. 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. Overlimits for gold (greater than 10 g/t), were analyzed using fire assay with a gravimetric finish. Silver and other elements were analyzed using a four-acid digestion with an ICP finish. Overlimit analyses for silver (greater than 100 g/t) were reassayed 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.

Soil samples were shipped for sample preparation to ALS 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 and multielement analysis of soils was completed by aqua regia digestion and ICP-MS finish using a 50-gram nominal weight. Overlimit gold values greater than one g/t were reassayed with a more robust aqua regia digestion and ICP-MS finish. Overlimit analyses for silver (greater than 100 g/t) were reassayed using an ore-grade four-acid digestion with ICP-AES finish. Control samples comprising blank samples and certified reference materials were systematically inserted into the sample stream and analyzed as part of the company's robust quality assurance/quality control protocol.

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