Bocana Resources Corp. announces it terminated the non-binding letter of intent dated March 25, 2024 and accordingly has declined to proceed with the proposed purchase offer for the acquisition of all of the outstanding shares of Empresa Minera Inti Raymi S.A. in Bolivia. The LOI provided a good faith due diligence period which, upon the Company's [...]
Bocana Resources Corp. announces that it granted 2,400,000 stock options to directors and officers, with each stock option entitling the holder to purchase one common share of the Company for $0.10 on the following terms: Expiry date Vesting date Number of stock options May 24, 2029 May 24, 2024 700,000 June 30, 2029 June 30, 2024 850,000 September [...]
Bocana Resources Corp. - is pleased to provide additional information with respect to the previous announced non-binding letter of intent dated March 25, 2024 , for the proposed acquisition of all of the outstanding shares of Empresa Minera Inti Raymi S.A. . The Company has initiated geological reviews several assets within the Kori Pakaska project [...]
Bocana Resources Corp. - is pleased to announce that it has signed a non-binding Letter of Intent , dated March 25, 2024, for the proposed acquisition of all of the outstanding shares of Empresa Minera Inti Raymi S.A. . The sole INTI RAYMI asset is known as the Kori Pakaska project . The Transaction INTI RAYMI is a privately held Bolivian company [...]
Bocana Resources Corp. is pleased to announce assay results from diamond drill holes HRC2303-HRC2305 on the Escala area concession in southwest Bolivia. Assay results confirmed high grade gold/silver and base metals associated with late stage hydrothermal breccias. The Company's inaugural drilling was completed on October 24, 2023, and tested both [...]
Bocana Resources Corp. is a company focused on the acquisition, exploration, and development of mineral properties in South America. The Company would like to provide the following operational updates. Cerro Galapagos The Assay results from holes HRC23-01 and HRC23-02 of the diamond drilling campaign at the Company's Escala Project in Southwest [...]
Bocana Resources Corp. is pleased to announce the completion of seven diamond drill holes on the Escala area concession in south-west Bolivia. The Company's inaugural drilling was completed on October 24, 2023 and tested both the Cerro Galapagos and Cerro Blancos areas as well the Laura Zone. The Cerro Galapagos target area hosts a large [...]
Bocana Resources Corp. is pleased to announce the completion of the first two of nine proposed diamond drill holes on the Escala area concession in south-west Bolivia. The Company's inaugural drilling of both NQ and HQ size cores is expected to take another three weeks to complete the proposed 2,000 metre program. Lithologies Observed The two [...]
Bocana Resources Corp. is pleased to announce that it has commenced the 2,000 metre diamond drilling campaign, with Leduc Drilling S.R.L. of La Paz, Bolivia, on the Escala area concession in Southwest Bolivia. This is the Company's inaugural drilling program and is expected to take several weeks to complete phase 1 of this drilling campaign. The [...]
Bocana Resources Corp. is pleased to provide an update on the diamond drilling project for its Escala Project in Bolivia. After the contract was signed with Leduc Drilling S.R.L., for the first phase of the diamond drilling campaign, the Company's geological team was deployed shortly thereafter to the site and began identifying the initial nine [...]
Bocana Resources Corp. announces that it has approved a grant of incentive stock options to two consultants of the Company to purchase an aggregate of 700,000 common shares of Bocana , exercisable at price of $0.10 per share, for a period of five years from the issue date. The grant of the Options is subject to the acceptance of the TSX Venture [...]
Timothy Turner, Chief Executive Officer, Bocana Resources Corp. , and his team joined Omar Khafagy, Manager, Corporate Access, Toronto Stock Exchange , to celebrate the company's listing on the TSX Venture Exchange and to open the market. Bocana is a mineral exploration company focused on the acquisition, exploration and development of mineral [...]