Bocana Resources Corp. provides Corporate Update
7243345.2
Bocana Resources Corp. provides Corporate Update
Calgary, November 5, 2025 – Bocana Resources Corp. (TSXV: BOCA) (Frankfurt: VC1)
("Bocana" or the " Company") is pleased to provide an update to its current activities in
Arizona, Colorado, and with our funding/tokenization platform partner Arizore Ltd.
In Arizona, the recently drilled samples and portions of the previously cored samples have
been shipped to several accredited independent laboratories for varying assay analysis.
In the Arizona project in Pinal County , there are Bureau of Land Management claims that
have previous assay results that provided indications of gold and other precious metals
deposited in the placer channels . According to historical reports , which have not been
independently verified by the Company or its Qualified Person , the gold is in microscopic
form. Based on the historical assay results and the nature of the gold, Bocana is undertaking
an extensive number of analytical procedures, including both destructive and non-destructive
techniques, to determine the presence and estimated concentrations of precious metals
previously reported in Bocana’s news release dated August 5, 2025 . Bocana, through all
these assaying processes, is looking for the most effective and efficient method to determine
the grade as well as the potential processing method for the recovery of the precious metals.
Once complete assay results are received and compiled from the multiple labs, results will
be made available.
The recently announced letter of intent with Venture Gold Corp. in Colorado continues to
evolve, with Bocana’s management and our consulting geologist completing a recent five-
day site visit to the Idaho Springs mining district. Several sites were viewed , including the
mill site, multiple stockpiles (dumps) throughout the district, along with several prospective
nearby sites.
Arizore Ltd continues to develop the tokenization project with a recently signed contract to
develop an industry-leading precious metals tokenization platform. Additional details on this
project will be announced in the near future.
The recently announced j oint venture agreement between Bocana and Arizore, Ltd.
continues to evolve as plans to create an umbrella joint venture agreement are in the planning
stages. This would incorporate several projects under a controlling document between the
parties. Such an agreement will outline the scope of the relationship between the two parties,
7243345.2
including terms and conditions for current and future activities and responsibilities. Thus, the
umbrella agreement would help to speed up the negotiation process for future acquisitions
and facilitate the project funding and the management process, resulting in a more efficient
and streamlined process for future projects.
“Our recent site visit to Colorado and our several meetings with Venture Gold’s management
were very informative and rewarding. They are very focused on the ir vision for the
remediation and redevelopment of the entire Idaho Springs/Central City Mining District, and
we look forward to being a part of it,” said Tim Turner, CEO, Bocana Resources. “Additionally,
we are very pleased with the ongoing developments with Arizore Ltd in the tokenization
efforts and the expanding relationship that Bocana will have with them.”
Qualified Person
Mr. Lorne Warner, P.Geo., the Company’s consulting geologist, is an independent, "Qualified
Person" as defined by NI 43-101. Mr. Warner has approved the scientific and technical
information included in this news release for dissemination.
The TSX Venture Exchange has in no way passed upon the merits of the proposed
transactions and has neither approved nor disapproved the contents of this press release.
About Bocana Resources Corp.
Bocana is a mineral exploration company focused on the acquisition, exploration, and development
of mineral properties in North and 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 in the Department of Potosi, Sud Lipez Province, Bolivia, as
awarded by Comibol.
For more information or interview requests, please contact:
For more information on Bocana, visit: https://bocanaresources.com.
Timothy J. Turner – Chief Executive Officer
(713) 858-3329
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 B ocana, as the case may be, to be materially
different from those expressed or implied by such forward -looking information, including but without limitation,
statements pertaining to the (i) completion of the acquisition including Bocana's ability to obtain financing and
7243345.2
the necessary approvals, including regulatory approvals for the acquisition, (ii) the negotiation and execution of
a definitive agreement, (iii) the estimates of potential quantity, grade, and metal and mineral content at the
claims, (iv) Bocana's assessment of the reliability and relevance of the historical drill results, (v) the results of
the due diligence investigations, (vi)the ability of Bocana to operate the exploration and development programs
for the claims; (vii) the development and implementatio n of the tokenization platform; (viii) the completion of
assay analysis and the reliability of results; (ix) the finalization of joint venture arrangements with Arizore Ltd.;
and (x) risks associated with cryptocurrency and tokenization technologies, including regulatory uncertainty. All
statements included herein involve various risks and uncertainties because they relate to future events and
circumstances beyond Bocana's control.
Forward-looking statements are inherently uncertain, and the actual performance may be affected by several
material factors, assumptions and expectations, many of which are beyond the control of the parties, including
expectations and assumptions concernin g (i) the seller s; (ii) the transaction s; (iii) the ability of the Parties to
negotiate and enter into the definitive agreement on satisfactory terms as proposed, (iv) the timely receipt of all
required regulatory approvals (as applicable), including the approval of the TSXV, (v) if the definitive agreement
is entered into, the satisfaction of other closing conditions in accordance with the terms of the definitive
agreement, (vi) the ability of the Parties (as applicable) to complete the required financing and/or the transaction
on the terms previously outlined (or at all) ; (vii) the completion of satisfactory due diligence of the claims; (viii)
the successful developme nt and regulatory compliance of tokenization platforms; (ix) market acceptance of
tokenized precious metals; (x) the finalization of joint venture agreements with Arizore Ltd.; (xi) the accuracy
and reliability of assay results and historical data; and (xi i) regulatory developments affecting cryptocurrency
and digital asset offerings in Canada and other jurisdictions. . Although Bocana has attempted to identify
important factors that could cause actual results to differ materially from those contained in for ward-looking
information, there may be other factors that cause results not to be as anticipated, estimated, or intended.
Readers are cautioned not to place undue reliance on forward -looking information. The forward -looking
statements contained in this ne ws 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.
This news release shall not constitute an offer to sell or the solici tation of an offer to buy any securities in any
jurisdiction.
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.