Tocvan Ventures Corp. announced it has entered into a binding Letter of Intent (LOI) with a private title owner for the 100% acquisition of 2,172.7 ha immediately adjacent and north of its Pilar Gold-Silver Project Sonora, Mexico. The area includes highly prospective zones that have seen limited exploration to date, however recent placer mining suggests untested gold and silver potential.

Prior to closing a Definitive Agreement, the acquisition is subject to a 60-day due diligence period effective July 25, 2023. 2021 Phase II RC Drilling Highlights include (all lengths are drilled thicknesses): o 39.7m @ 1.0 g/t Au, including 1.5m @ 14.6 g/t Au. o 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. o 35.1m @ 0.7 g-t Au. 2020 Phase I RC Drilling Highlights include (all lengths are drilled thicknesses): O 94.6m @ 1.6 g/t Au, including 9.2m @ 10.8 g/t Au and 38 g/t Ag; o 41.2m @ 1.1 g/t Au, including 3.1m @ 6.0 g/t Au and 12 g/t Ag; o 24.4m @ 2.5 g/t Au and 73 g/t Ag, including 1.5m at 33.4 g/t Au and 1,090 g/t Ag; 15,000m of Historic Core & RC drilling.

Highlights include: 61.0m @ 0.8 g/t Au. o 16.5m @ 53.5 g/t Ag and 53 g/t Ag. o 13.0m @ 9.6 g/t Au; o 9.0m @ 10.2 g/t Au and 46 g/t Ag.