Tocvan Ventures Corp C.TOC

Back from a vacation...

[lifegoeson]

Always great to take some time for rest and relaxation, now to get back into the saddle.

The rainy season is coming to an end in Mexico. It is great to see Tocvan raising $500,000 at a good price, minimal dilution, and accelerated warrant at $0.60 if stock prices close above $0.75 for 10 days. They also have access to cash through potential warrant exercise during their last raise, and of course, they have continued access to working capital through agreement with long-supportive shareholder Sorbie-Bornholm. The funds raised through Borbie-Bornholm will assist in accelerating our initiatives as Tocvan prepare for more aggressive resource definition drilling in tandem with permitting.

I love the statement by Brodie, "the acquisition around Pilar is ripe with new untapped potential that we will look to continue to evaluate the area in order to further unlock value for our shareholders."

In a previous press release, Tocvan Ventures Corp. is starting the environmental permitting process at its Pilar gold-silver project in Sonora, Mexico, with the initiation of a detailed UAV (unmanned aerial vehicle) lidar survey across Pilar and the newly acquired expansion area. The expansion area covers over 21.7 square kilometres with initial surface samples returning high-grade gold and silver values (5.6 grams per tonne Au and 106 g/t Ag) associated with intense hydrothermal altered volcanic rocks (see Oct. 19 news release). The lidar and surface imagery data will provide high-resolution (centimetre-scale) surface modelling that will be utilized for numerous initiatives, including the start of environmental permitting for mine development, advanced drill targeting and infrastructure planning.

"We are excited to continue moving forward at Pilar with this key step towards future development and planning," stated Brodie Sutherland, chief executive officer. "The lidar survey will serve to establish a high-resolution surface model in which we can begin detailed planning for infrastructure. It will also be a useful tool in drill targeting as we will be able to pick up historic mine workings and geological features that host potential gold and silver mineralization. Our team will also be following up on the recent high-grade sample results in the northern alteration target area. An area we feel is just starting to take shape into a significant target with an alteration footprint that spans over three kilometres long and nearly two kilometres wide."