Tocvan 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

Highlights

• High-Grade Gold, Silver and Polymetallic Mineralization Discovered 6-km North of Pilar's Main Zone
• Mineralization Coincides with Artisanal Mining Activity Along Strongly Altered Corridor, 3.3 km x 1.5 km
• Part of Same Alteration Trend with Recent Discovery, 2m Chip of 5.6 g/t Au and 106 g/t Ag

Rock Sample from Workings up to:

• 3.2 g/t Gold
• 1,225 g/t Silver
• 0.42% Copper
• >20% Lead
• 3.4% Zinc

CALGARY, AB / ACCESSWIRE / March 8, 2024 / Tocvan Ventures Corp. (the "Company") (CSE:TOC)(OTCQB:TCVNF)(FSE:TV3), is pleased to announce surface exploration results from its road accessible Pilar gold-silver project in the mine-friendly State of Sonora, Mexico.

Surface mapping and sampling across the property have returned very high-grade silver with gold values tied to historic artisanal workings 6-kilometers north of Pilar's Main Zone. Two samples yielded 1,225 g/t Ag with 3.2 g/t Au (slag sample 334067, 4.49 kg) and 744 g/t Ag with 0.2 g/t Au (sample 334066, 3.65 kg) from sample material next to the workings. The host rocks are intensely argillized and silicified volcanics showing an association with a larger hydrothermal system that trends within the newly acquired Pilar expansion area. The samples also show higher polymetallic association with sample 334067 returning 0.42% Cu, 3.4% Zn, and over 20% Pb (assay over limit was reached, additional analysis is required to determine total Pb content). A broader alteration zone that extends 3.3 kilometers by 1.5 kilometers has seen very limited work to date however early results indicate significant mineralization in several locations including 2m at 5.6 g/t Au and 106 g/t Ag, 0.3 g/t Au and 55 g/t Ag, and 0.1 g/t Au and 63 g/t Ag. The massive target area will continue to see first pass evaluation to advance towards drill targeting.

"The results today further showcase the potential for significant mineralization beyond Pilar's Main Zone." commented Brodie Sutherland, CEO. "The North Alteration Zone is providing more evidence of a broad target area. The high silver values along with other pathfinder elements are indicating significant potential for targets at depth. Much of the area remains unexplored to date, however each time we evaluate more, we are returning with significant findings. Further to the south where placer mining remains active, there is clear evidence for new trends parallel Pilar's Main Zone. These trends are beginning to be evaluated and early mapping and assessment are uncovering more of the potential. We are excited about the potential to generate multiple quality targets for future drill testing, driving new discoveries."