Mr. Christopher Gordon reports
TOCVAN COMPLETES ACQUISITION OF REMAINING 49% INTEREST IN ORIGINAL PILAR CONCESSIONS, CONSOLIDATING 100% OWNERSHIP OF FLAGSHIP GRAN PILAR GOLD-SILVER PROJECT
Tocvan Ventures Corp. has closed its purchase agreement with Colibri Resources Corp. to acquire the remaining 49-per-cent interest in the two original Pilar mining concessions. Tocvan now holds 100-per-cent ownership of its flagship Gran Pilar gold-silver project in Sonora, Mexico.
The concessions comprise approximately 105 hectares and host the Main zone, being the most advanced area of the project with extensive historic and recent drilling.
Strategic benefits of transaction
Consolidating 100-per-cent ownership of Gran Pilar provides Tocvan with full control over one of the most advanced and strategically located gold-silver projects in Sonora, Mexico's premier mining jurisdiction.
About Tocvan Ventures Corp.
Tocvan 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 metres at 19.4 grams per tonne 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 -- 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 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.
We seek Safe Harbor.
© 2026 Canjex Publishing Ltd. All rights reserved.