Bocana Resources Corp. Completes Delivery of Core Samples for Assay Analysis from the Escala Project in Bolivia
Bocana Resources Corp. Completes Delivery of Core Samples
for Assay Analysis from the Escala Project in Bolivia
Calgary, November 16, 2023 – Bocana Resources Corp. (TSXV: BOCA) (Frankfurt: VC1)
("Bocana" or the " Company") a company focused on the acquisition, exploration, and
development of mineral properties in South America, is pleased to announce that the
Company has completed the delivery of its select core samples for assay analysis . These
core samples were collected from our recently completed diamond drilling campaign at the
Company’s Escala Project in Southwest Bolivia.
This milestone is important for Bocana as it signifies the progress made in the exploration
and development of the Company’s inaugural mineral propert y in South America. The
delivery of the core samples for assay analysis is a crucial step in assessing the potential
value and viability of the near surface porphyry deposit at the Escala area concession.
"The recent delivery of our core samples for assay analysis is an exciting development for
Bocana. We are eager to receive the results and gain further insights into the mineral
potential of our Escala concession. This progress brings us one step closer to achieving our
mission of responsible mineral exploration and development in South America ," Timothy
Turner, CEO of Bocana.
The Company anticipates the results to be delivered on the first two cores in the next few
weeks, depending on the workload at the lab. The subsequent assay reports should follow
shortly thereafter.
Looking ahead, B ocana plans to continue its exploration and development efforts in South
America. The Company remains committed to utilizing advanced technologies and
environmentally conscious practices to maximize the value of its mineral properties while
minimizing its ecological footprint.
Core Sampling Protocols
All drill core samples have been collected under the supervision of Company employees. Drill
cores were transported from the drill platform to the camp’s logging facility where it w as
geotechnically and geologically logged, photographed, and split by diamond saw prior to
being sampled. Samples were then bag, sealed, and numbered in order to maintain a chain-
of-custody. Company employees also insert ed blank, duplicate and a certified standard
sample in each batch of twenty samples prior to transportation from the Escala area camp to
the ALS Bolivia Ltda. laboratory site in Oruro, Bolivia. ALS will provide Bocana with sample
preparation and analysis services at its ISO/IEC 17025 accredited facilities. The ALS unit in
Oruro is ISO 9001:2008 and ISO 17025:2005 accredited and ALS is the only laboratory in
South America that has a high number of analytical methods accredited by ISO IEC 17025
and has the sample preparation stage included in this accreditation.
Qualified Person
Mr. Lorne Warner, P.Geo., is a "Qualified Person" as defined by National Instrument 43-101.
Mr. Warner has approved the scientific and technical information included in this news
release for dissemination.
About Bocana Resources Corp.
Bocana is a mineral exploration company focused on the acquisition, exploration, and
development of mineral properties in South America. Bocana, through its wholly owned
subsidiary, Huiracocha International Service SRL, holds a 100% working interest in the
mineral properties known as the Escala area concessions located at the Department of
Potosi, Sud Lipez Province, Bolivia as awarded by Comibol.
Contact Information
For more information on Bocana, visit: https://bocanaresources.com.
For more information or interview requests, please contact:
Timothy J. Turner – Chief Executive Officer
Forward-Looking Information
This news release contains "forward -looking information" within the meaning of applicable securities laws.
Forward-looking information can be identified by words such as: "intend", "believe", "estimate", "expect", "may",
"will", “approximately”, “planning” , “projected”, “anticipate” and similar references to future periods. Forward -
looking information is subject to known and unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of Bo cana, as the case may be, to be materially
different from those expressed or implied by such forward -looking information, including but not limited to this
risks described in Bocana's Information Circular which are incorporate herein by reference and are available
through SEDAR+ at www.sedarplus.ca. Although Bocana has attempted to identify important factors that could
cause actual results to differ materially from those contained in forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated or int ended. Readers are cautioned not to place
undue reliance on forward-looking information. The forward-looking statements contained in this news release
are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any
forward-looking statements or information, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this news release.