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

HERMOSILLO, MX / ACCESS Newswire / July 23, 2026 / Tocvan Ventures Corp. (the "Company" or "Tocvan") (CSE:TOC)(OTCQB:TCVNF)(WKN:TV3/A2PE64) is pleased to announce the discovery of a new mineralized silver-gold zone at surface, located just 900 metres east of the planned Pilot Facility (approximately 1,000 m northeast of the Main Zone) at its 100%-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 m east of the Pilot Facility.

• Standout intercept in hole JES-26-152: 1.5 m grading 2.2 g/t Au and 581 g/t Ag within a broader mineralized zone. 9.2 meters of 0.4 g/t Au and 110 g/t Ag, from 27.5m

• Consistent near-surface mineralization across multiple holes:

  • 4.6 m @ 0.3 g/t Au & 86 g/t Ag from surface (JES-26-152)

  • 4.6 m @ 0.5 g/t Au & 86 g/t Ag from surface (JES-26-148)

  • 6.1 m @ 0.4 g/t Au & 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 doré 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-capex development in a rising precious metals market.

Brodie A. Sutherland, CEO 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 doré 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."

Figure 1. Plan view map showing the new mineralized zone relative to the Pilot Facility and Main Zone.

Figure 2. Cross-section looking west of the new silver gold vein zone. 3 of 4 holes intersected underground workings that stopped drilling. JES-26-152 intersected high-grade silver near-surface.

Table 1. Summary of Results