Bocana Resources Corp. has been advised by the TSX Venture Exchange that the previously issued grant of 2,400,000 stock options to directors and officers on May 24, 2024, were issued outside of the proper timeline for the Company's Stock-Based Compensation Plan to be effective. Therefore, the Company is canceling the previously issued stock options of May 24, 2024, and reissuing them with the same terms as previously [...]
Bocana Resources Corp. announces that it granted 1,800,000 stock options to directors and officers, with each stock option entitling the holder to purchase one common share of the Company for $0.10 on the following terms: Expiry date Vesting date Number of stock options January 30, 2030 January 30, 2025 1,200,000 March 31, 2030 March 31, 2025 150,000 June 30, 2030 June 30, 2025 150,000 September 30, 2030 September 30 [...]
Bocana Resources Corp. announces it has received a letter of resignation from Mr. David Thompson from the Company's Board of Directors, effective December 20, 2024. Bocana and the Board of Directors appreciate all of the time and efforts that Mr. Thompson provided to the Company and wish him well in his other duties. The Board of Directors has unanimously approved the appointment of Mr. Saleem Sarwar to fill the vacancy [...]
Bocana Resources Corp. announces it has received an extension from the TSX Venture Exchange for the Company to hold its annual shareholder meeting. This delay is predicated on the need for possible shareholder approvals for certain corporate actions that may result from one or more proposed transactions the Company is currently exploring. Bocana now intends to hold its annual general meeting prior to January 31, 2025 [...]
Bocana Resources Corp. announces it terminated the non-binding letter of intent dated March 25, 2024 and accordingly has declined to proceed with the proposed purchase offer for the acquisition of all of the outstanding shares of Empresa Minera Inti Raymi S.A. in Bolivia. The LOI provided a good faith due diligence period which, upon the Company's satisfaction, would lead to a definitive agreement for the acquisition [...]
Bocana Resources Corp. announces that it granted 2,400,000 stock options to directors and officers, with each stock option entitling the holder to purchase one common share of the Company for $0.10 on the following terms: Expiry date Vesting date Number of stock options May 24, 2029 May 24, 2024 700,000 June 30, 2029 June 30, 2024 850,000 September 30, 2029 September 30, 2024 425,000 December 31, 2029 December 31, 2024 [...]
Bocana Resources Corp. - is pleased to provide additional information with respect to the previous announced non-binding letter of intent dated March 25, 2024 , for the proposed acquisition of all of the outstanding shares of Empresa Minera Inti Raymi S.A. . The Company has initiated geological reviews several assets within the Kori Pakaska project owned by Inti Raymi . Additional details on the Kori Kollo asset are [...]
Bocana Resources Corp. - is pleased to announce that it has signed a non-binding Letter of Intent , dated March 25, 2024, for the proposed acquisition of all of the outstanding shares of Empresa Minera Inti Raymi S.A. . The sole INTI RAYMI asset is known as the Kori Pakaska project . The Transaction INTI RAYMI is a privately held Bolivian company with the head office in La Paz, Bolivia and is in good standing with the [...]
Bocana Resources Corp. is pleased to announce assay results from diamond drill holes HRC2303-HRC2305 on the Escala area concession in southwest Bolivia. Assay results confirmed high grade gold/silver and base metals associated with late stage hydrothermal breccias. The Company's inaugural drilling was completed on October 24, 2023, and tested both the Cerro Galapagos and Cerro Blancos areas as well the Laura Zone. The [...]
Bocana Resources Corp. is a company focused on the acquisition, exploration, and development of mineral properties in South America. The Company would like to provide the following operational updates. Cerro Galapagos The Assay results from holes HRC23-01 and HRC23-02 of the diamond drilling campaign at the Company's Escala Project in Southwest Bolivia have been received, compiled, and reviewed by Bocana personnel. Both [...]
Bocana Resources Corp. is pleased to announce the completion of seven diamond drill holes on the Escala area concession in south-west Bolivia. The Company's inaugural drilling was completed on October 24, 2023 and tested both the Cerro Galapagos and Cerro Blancos areas as well the Laura Zone. The Cerro Galapagos target area hosts a large, multi-phased, felsic intrusive complex with extensive alteration and up to 4 phases [...]
Bocana Resources Corp. is pleased to announce the completion of the first two of nine proposed diamond drill holes on the Escala area concession in south-west Bolivia. The Company's inaugural drilling of both NQ and HQ size cores is expected to take another three weeks to complete the proposed 2,000 metre program. Lithologies Observed The two completed holes tested the southern flank of a large, induced polarization [...]