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Bocana Resources Provides Additional Details on the Core Samples Delivered for Assay Analysis from the Escala Project in Bolivia
CALGARY, Alberta, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Bocana Resources Corp. (TSXV: BOCA) (Frankfurt: VC1) ("Bocana" or the "Company") a company focused on the ac
About this update from Bocana Resources Corp
[{"type":"text","content":" CALGARY, Alberta, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Bocana Resources Corp. (TSXV: BOCA) (Frankfurt: VC1) (\"Bocana\" or the \"Company\") a company focused on the acquisition, exploration, and development of mineral properties in South America. The company is pleased to add additional details on the selected core samples that were recently delivered for assay analysis. These core samples were collected from our successfully completed diamond drilling campaign at the Company’s Escala Project in Southwest Bolivia. Of the six cores that were sampled, a total of 1236.35 meters, or 75.12%, were submitted to ALS Bolivia Ltda for assay analysis. This milestone is important for Bocana as it signifies the progress made in the exploration and development of the Company’s inaugural mineral property in South America. The delivery of the core samples for assay analysis is a crucial step in assessing the potential value and viability of the near surface porphyry deposit at the Escala area concession. \"The recent delivery of our core samples, especially the first four cores, for assay analysis is an exciting development for Bocana. While we know there is a lot of material to assay, we are eager to receive the results and gain further insights into the mineral potential for the Cerro Galapagos area of our Escala concession. This progress brings us one step closer to achieving our mission of responsible mineral exploration and development in South America,\" Timothy Turner, CEO of Bocana. Subject to the workload at the lab, the Company anticipates the results to be delivered on the first two cores soon. The subsequent assay reports should follow shortly thereafter. Looking ahead, Bocana plans to continue its exploration and development efforts in South America. The Company remains committed to utilizing advanced technologies and environmentally conscious practices to maximize the value of its mineral properties while minimizing its ecological footprint. Cerro Galapagos Area Holes HRC2301-HRC2304 were completed for a total of 1314.70 metres on the Cerro Galapagos, testing a large, induced polarization, chargeability anomaly. The anomaly was found to represent a multi-phased, felsic intrusive complex with pervasive phyllic and argillic hydrothermal alteration. Multi-staged sulphide mineralization occurred in several events resulting in the earlie...