Announcement • Sep 10

Tocvan Ventures Corp. Provides an Update from its Gran Pilar Gold-Silver Project in Mine-Friendly Sonora, Mexico

Tocvan Ventures Corp. provide an update from its Gran Pilar gold-silver project in mine-friendly Sonora, Mexico. Surface soil and rock sampling has been ongoing across the Gran Pilar project area with a focus on the northern and eastern extensions of the Main Zone, North Hill and 4-T trends. To date, over 476 surface samples have been collected by technical staff with results pending. The area sampled now totals over 230 hectares or 2.3 square kilometers across the southern block of Gran Pilar. During sampling multiple underground artisanal workings were identified that coincide with prospective host rocks and mineralization similar to those recorded at the Main Zone. A soil grid across the area, spanning 675-meters north of the Main Zone and over 2-kilometers east, is now complete and will provide data to finalize the alteration and mineralization modelling for advanced drill targeting of the new area. Metal distribution and alteration modelling was completed by an independent professional, Guillermo Turner Saad and utilizes over 1,300 rock and soil samples. Pending results from the ongoing surface evaluation work will be incorporated in ongoing model development. The modelling will provide key information for defining target areas for future drilling campaigns and outlining areas appropriate for future mine-infrastructure. In addition, preliminary alteration modelling across Gran Pilar's southern area has been completed. Key alteration trends modelled from rock and soil geochemistry has begun to outline target areas across Gran Pilar with argillic to advance argillic alteration patterns indicative of robust epithermal mineralized systems. Areas of Interest east of the Main Zone are showing large footprints of alteration that coincide with early reconnaissance sampling completed earlier this year. Initial surface results released early this year that identified several high-grade gold and silver zones east of the Main Zone highlighted by 7.3 g/t Au with 177 g/t Ag and 5.5 g/t Au with 80 g/t Ag and the ongoing work of small, placer miners in the area which continue to report positive results from several areas of interest. The modelling is showing a significant increase in the broader target potential. Upon completion of drilling the Company anticipates a maiden resource estimate will be finalized for the initial Main Zone and adjacent trends providing an initial step of showcasing the full potential of the project area. With plenty of follow-on work to complete in the field before the commencement of drilling, the Company is evaluating optimal timing to start up drilling with weather expecting to stabilize in September. A renewed drill contract with CANMEX for 3,000 to 5,000-meters of core drilling has been executed encompassing necessary core drilling for resource definition and beyond. This contract accompanies a previous 10,000-meter contract signed for RC drilling across the Gran Pilar property. While monitoring weather conditions the Company is currently finalizing plans for the next phases of drilling it expects to commence in September. In the meantime, the technical team will focus on field exploration and target generation. Planning continues for a proposed pilot plant facility at Gran Pilar that will look to evaluate 50,000 tonnes of material on-site. 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. 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 @ 0.6 g/t Au and 11 g/t Ag, including 29.9m @ 0.9 g/t Au and 18 g/t Ag 2021 Phase II RC Drilling Highlights include (all lengths are drilled thicknesses): 39.7m @ 1.0 g/t Au, including 1.5m @ 14.6 g/t Au 47.7m @ 0.7 g/t Au including 3m @ 5.6 g/t Au and 22 g/t Ag 29m @ 0.7 g/t Au 35.1m @ 0.7 g/t Au 2020 Phase I RC Drilling Highlights include (all lengths are drilled thicknesses): 94.6m @ 1.6 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. Highlights include: 21.0m @ 38.3 g/t Au and 38 g/t Ag 13.0m @ 9.6 g/t Au 9.0m @ 10.2 g/t Au and 46 g/t Ag 61.0m @ 0.8 g/t Au Pilar Bulk Sample Summary: 62% Recovery of Gold Achieved Over 46-day Leaching Period Head Grade Calculated at 1.9 g/t Au and 7 g/t Ag; Extracted Grade Calculated at 1.2 g/t Au and 3 g/t 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% Recovery of Gold and 94% 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% Recovery of Gold 73 to 97% Recovery of Silver Includes the Recovery of 99% Au and 73% Ag from Drill Core Composite at 120-meter depth. Based on management's strong belief in the project's potential, the Company is outlining a permitting and operations strategy for a pilot facility at Pilar. The facility would underpin a robust test mine scenario with aims to process up to 50,000 tonnes of material. Timelines and budget are being prepared with the aim of moving forward with the development early in 2025. With gold prices hitting all-time highs, the Company believes the onsite test mine will provide key economic parameters and showcase the mineral potential of the area. In 2023, the Company completed an offsite bulk sample that produced important data showcasing the potential to recover both gold and silver through a variety of methods including heap leach, gravity and agitated leach.

CEO salary percentage	100.00%
CEO tenure	less than a year
CEO ownership	0.1%
Management average tenure	2.4yrs
Board average tenure	4.7yrs

Date	Total Compensation	Salary	Company Earnings
May 31 2026	n/a	n/a	-CA$2m
Feb 28 2026	n/a	n/a	-CA$499k
Nov 30 2025	n/a	n/a	-CA$985k
Aug 31 2025	CA$13k	CA$13k	-CA$804k

Name	Position	Tenure	Compensation	Ownership
Brodie Sutherland	Executive Chair & Corporate Secretary	8.3yrs	CA$60.00k	0.89% $ 441.5k
Christopher Gordon	Chief Executive Officer	less than a year	CA$12.50k	0.095% $ 47.2k
Rodrigo Calles-Montijo	President & Director	less than a year	CA$219.80k	no data
Yanika Silina	Chief Financial Officer	4.7yrs	CA$12.00k	0.0063% $ 3.1k

Name	Position	Tenure	Compensation	Ownership
Brodie Sutherland	Executive Chair & Corporate Secretary	8.3yrs	CA$60.00k	0.89% $ 441.5k
Rodrigo Calles-Montijo	President & Director	5.7yrs	CA$219.80k	no data
Anna Ladd-Kruger	Independent Director	less than a year	no data	0.076% $ 37.7k
Gregory Ball	Independent Director	8.3yrs	no data	0.38% $ 189.9k
Ralph Wintermantel	Independent Director	3.8yrs	no data	no data
Luis Arroyo Dominguez	Independent Director	3.8yrs	no data	no data

Data	Last Updated (UTC time)
Company Analysis	2026/09/11 21:38
End of Day Share Price	2026/09/08 00:00
Earnings	2026/05/31
Annual Earnings	2025/08/31

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

Tocvan Ventures Management

Management criteria checks 3/4

Key information

Recent management updates

Tocvan Ventures Corp., Annual General Meeting, Oct 29, 2026

Tocvan Ventures Corp Announces Appointment of Anna Ladd-Kruger as Independent Director, Effective January 14, 2026

Tocvan Ventures Corp., Annual General Meeting, Aug 20, 2025

Tocvan Ventures Corp., Annual General Meeting, Jul 17, 2024

Recent updates

Tocvan Ventures Corp. Announces New Surface Mineralization and Exploration Results At Gran Pilar Gold-Silver Project

Tocvan Ventures Corp. (CNSX:TOC) acquired remaining 49% stake in Gran Pilar Gold-Silver Project in Sonora, Mexico from Colibri Resource Corporation (TSXV:CBI).

Tocvan Ventures Corp., Annual General Meeting, Oct 29, 2026

Tocvan Ventures Corp. 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 Outlines Phased Development Plan for Pilot Mine Operations At Gran Pilar Gold-Silver Project

Tocvan Ventures Corp. announced that it has received CAD 8.7 million in funding

Tocvan Ventures Corp. announced that it expects to receive CAD 6 million in funding

Tocvan Ventures Corp. Announces Multiple Silver Zones in Debut Drill Results from the Gran Pilar Project

Tocvan Ventures Corp Announces Appointment of Anna Ladd-Kruger as Independent Director, Effective January 14, 2026

Tocvan Ventures Corp. Announces the Detailed Design and Scope of Work for a Pilot Mine Facility at its 100% Controlled Gran Pilar Gold- Silver Project in Sonora, Mexico

Tocvan Ventures Corp., Annual General Meeting, Aug 20, 2025

Colibri and Partner - Expands Main Zone by 70 Metres - Returning 7.2 G/T Gold and 80 G/T Silver over 2.6 Meters Within 46.9 Meters of 0.5 G/T Gold At the El Pilar Gold-Silver Project

Tocvan Ventures Corp. Commences Drilling At Gran Pilar Gold - Silver Project

Tocvan Ventures Corp. announced that it has received CAD 3.150587 million in funding from Sorbie Bornholm LP

Tocvan Surface Exploration Expands Targets At Gran Pilar Gold Silver Project

Tocvan Ventures Corp. Announces Core Drilling Underway At Gran Pilar Gold Silver Project

Tocvan Ventures Corp. announced that it expects to receive CAD 3 million in funding

Tocvan Ventures Corp. Outlines High Grade Expansion Targets Through Soil Sampling at Gran Pilar

Tocvan Ventures Corp. Provides an Update from its Gran Pilar Gold-Silver Project in Mine-Friendly Sonora, Mexico

Tocvan Ventures Corp. Announces Drill Results from Its 2024 Reverse Circulation Drill Program At Its Road Accessible Pilar Gold-Silver Project in Sonora, Mexico

Tocvan Ventures Corp. Drilling Continues to Expand Mineralization at Pilar with Hits Along North Hill and Main Zone Gold-Silver Trends

Tocvan Ventures Corp. Provides Progress Update from Its 2024 Reverse Circulation Drill Program At Its Road Accessible Pilar Gold-Silver Project

Tocvan Ventures Corp. Announces Drill Results from Its 2024 Reverse Circulation Drill Program At Its Road Accessible Pilar Gold-Silver Project in Mine-Friendly Sonora, Mexico

Tocvan Ventures Corp. and Colibri Resource Corporation Announces Drill Results from Its 2024 Reverse Circulation Drill Program At Its Road Accessible Pilar Gold-Silver Project in Mine-Friendly Sonora, Mexico

Tocvan Ventures Corp., Annual General Meeting, Jul 17, 2024

Tocvan Ventures Corp. Announces First Drill Results from Its 2024 Reverse Circulation (Rc) Drill Program At Its Road Accessible Pilar Gold-Silver Project in Mine-Friendly Sonora, Mexico

Tocvan Ventures Corp. announced that it has received CAD 2.52039 million in funding from Sorbie Bornholm LP

Tocvan Ventures Corp. Restarts Drilling at Pilar Main Zone

Tocvan Ventures Corp. Samples High-Grade Gold and Silver 6-kilometers from Pilar Main Zone Returns up to 1,225 g/t Ag and 3.2 g/t Au

Tocvan Ventures Corp. Announces Results from its Road Accessible Picacho Gold-Silver Project in the Mine-Friendly State of Sonora, Mexico

Tocvan Ventures Corp. Prepares for 10,000-Meter Drill Program At Pilar Gold - Silver Project

Tocvan Ventures Corp. Releases New Gold - Silver Channel Sample Results from Pilar Returns 20-Meters of 1.9 G/T Gold and 9 G/T Silver At Main Zone

Tocvan Ventures Corp. Pours First Doré Bar from Pilar Bulk Sample

Tocvan Ventures Corp. announced that it expects to receive CAD 0.5 million in funding

Tocvan Recon Announces First Pass Reconnaissance Results from Its Pilar Gold-Silver Expansion Area in Sonora, Mexico

Tocvan Ventures Corp. (CNSX:TOC) completed the acquisition of Pilar Gold-Silver Project Sonora from Colibri Resource Corporation.

Tocvan Ventures Corp. Provides Results from a Bulk Sample Completed at its Pilar Gold-Silver Project Sonora, Mexico

Tocvan Ventures Corp. (CNSX:TOC) entered into a binding letter of intent to acquire Pilar Gold-Silver Project Sonora from a private-title owner for $6.5 million.

Colibri Resource Corporation Option Partner Announces Completion of Leach Process on Bulk Sample Material At Pilar

Tocvan Ventures Corp. Provides an Update and Sampling Results from A Bulk Sample Being Completed At Its Pilar Gold-Silver Project in Sonora, Mexico

Tocvan Ventures Corp. Announces Bulk Sample Material Averaging Grades of 1.9 g/t Gold and 13 g/t Silver

Tocvan Ventures Corp. announced that it has received CAD 0.638224 million in funding

Tocvan Ventures Corp. Begins Preparation for A Bulk Sample At the Pilar Gold & Silver Project in Sonora

Tocvan Ventures Corp. Announce Drill Results for the Remaining Drill Holes Completed At Its El Picacho Gold-Silver Project in Sonora, Mexico

Tocvan Ventures Corp. Announces Drill Results for the First Three Drill Holes Completed at its El Picacho Gold-Silver Project in Sonora, Mexico

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