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Bocana Resources (TSXV:BOCA) announces exploration plans for the Escala Area Concession

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TSXV:BOCA
03 February 2023 11:45 (EDT)

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Bocana Resources (BOCA) is now focused on the development of the phase 1 exploration plan for the Escala Project in Bolivia.

The company recently completed a reverse takeover transaction with United Hunter Oil & Gas Corp.

Bocana CEO Tim Turner joined Shoran Devi to discuss the company’s exploration plans.

The company has received a twelve-month work permit from the Corporación Minera de Bolivia, effective January 3, 2023. It is in the process of identifying and selecting a regional exploration drilling company to begin the proposed first year of the phase 1 program.

The program will include a reverse circulation drilling program that proposes to drill up to 5,000m in several locations on the property. The company is currently in the process of identifying several drill sites for the drilling program based on the geophysical work that was recently reprocessed.

Bocana is a mineral exploration company focused on the acquisition, exploration and development of mineral properties in South America. Bocana, through its subsidiary, Huiracocha International Service SRL, holds a 100 per cent 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 the Corporación Minera de Bolivia.

Bocana Resources Corp. (BOCA) opened trading at C$0.07.


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