Mr. Timothy Turner reports

BOCANA RESOURCES CORP. PROVIDES AN UPDATE ON ASSAY ANALYSIS FROM THE ESCALA PROJECT IN BOLIVIA AND A NEW VENTURE

Bocana Resources Corp. has provided 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 holes tested the southern flank of the Cerro Galapagos induced polarization-chargeability anomaly.

The purpose of these holes was to test the porphyry potential of a large dacitic intrusive. Extensive hydrothermal alteration and mineralization in the form of pyrite with trace amounts of arsenopyrite and chalcopyrite were encountered, however, no potentially economic base-precious metal concentrations were encountered over significant core lengths. The remaining holes that were drilled will also be analyzed by Bocana personnel and reported accordingly.

Corporate update

In conjunction with the work being done at Escala, Bocana is currently awaiting a commissioned National Instrument 43-101 report through its 100-per-cent-owned subsidiary, Huiracocha Development Services SRL. The report is part of an in-depth study of a previous mining operation in Bolivia that still contains extensive historical in situ, tailings and stockpile resources. Upon successful completion of the studies and acquisition of the property, the company plans to immediately commence additional metallurgical studies in order to begin production operations, and increase gold and silver recoveries, and lower production costs through leaching.

Qualified person

Lorne Warner, PGeo, is a qualified person as defined by National Instrument 43-101. Mr. Warner has approved the scientific and technical information included in this news release for dissemination.

About Bocana Resources Corp.

Bocana is a mineral exploration company focused on the acquisition, exploration and development of mineral properties in South America. Bocana, through its wholly owned subsidiary, Huiracocha International Services, 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 Comibol.

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