Core Viewpoint - Bocana Resources Corp. is advancing its due diligence efforts by scheduling a site visit to the U.S. Bureau of Land Management placer mining claims in Arizona, owned by LP Associates, LLC, to gather essential information for operational development [1][4]. Group 1: Due Diligence Efforts - The company management and geologist will meet with key parties, including the seller, lead on-site geologist, mining consulting firms, legal representatives, and BLM officials, to ensure a thorough due diligence process [2]. - The objective includes verifying previously acquired assayed reports, understanding the permitting process, and strategizing with local engineering firms for optimal processing methods to maximize recovery of precious metals [2][3]. Group 2: Legal and Strategic Review - Bocana will review title documents related to property ownership and BLM Claims, as well as evaluate nearby Claims for potential strategic opportunities [3]. - The company will assess access to the Claims area via public roadways and examine existing conditions that may impact future development, such as restrictive covenants and environmental concerns [3]. Group 3: Company Background - Bocana Resources Corp. is focused on the acquisition, exploration, and development of mineral properties in North and South America, holding a 100% working interest in the Escala area concessions in Bolivia [5].
Bocana Resources Corp. Schedules Due Diligence and Site Visit to Arizona Mining Claims
Globenewswireยท2025-08-18 16:16