Bocana Resources Corp. provides Corporate Update
Globenewswire·2025-11-05 12:00

Core Viewpoint - Bocana Resources Corp. is actively advancing its projects in Arizona and Colorado, while also developing a tokenization platform in partnership with Arizore Ltd, aiming to enhance its operational efficiency and explore precious metal recovery opportunities [1][4][5]. Group 1: Arizona Project - In Arizona, Bocana has shipped recently drilled and previously cored samples to accredited laboratories for assay analysis, focusing on the presence and concentration of gold and other precious metals [1][2]. - Historical reports indicate the presence of gold in microscopic form within placer channels, prompting Bocana to employ extensive analytical procedures to verify these findings [2]. - The company aims to determine the most effective methods for assessing metal grades and potential processing techniques for recovery [2]. Group 2: Colorado Project - Bocana has signed a letter of intent with Venture Gold Corp. and conducted a five-day site visit to the Idaho Springs mining district, assessing various sites including mill locations and stockpiles [3][6]. - The management is optimistic about the remediation and redevelopment plans for the Idaho Springs/Central City Mining District, indicating a strong collaborative vision with Venture Gold [6]. Group 3: Tokenization Platform - Bocana is collaborating with Arizore Ltd to develop a leading tokenization platform for precious metals, with a contract recently signed to advance this initiative [4]. - The joint venture agreement with Arizore is in the planning stages, aiming to streamline future project negotiations and funding processes [5]. Group 4: Company Overview - Bocana Resources Corp. is focused on mineral exploration and development in North and South America, holding a 100% working interest in mineral properties in Bolivia [8].

Bocana Resources Corp. provides Corporate Update - Reportify