Mr. Timothy Turner reports
RESOURCES CORP. EXTENDS LETTER OF INTENT ON ARIZONA MINING CLAIMS FOR AN ADDITIONAL SIXTY-DAY REVIEW
Bocana Resources Corp., further to the press releases dated Aug. 5, 2025, and most recently Jan. 20, 2026, in connection with the company's due diligence efforts, LP Associates, LLC (LPA) has agreed to extend the previously extended letter of intent by an extra 60 days in exchange for an additional advance payment of $250,000 (U.S.). This provides Bocana with sufficient time to conduct further testing and processing of the ore material within the 1,440 acres of the U.S. Bureau of Land Management placer mining claims owned by LPA and to finalize all necessary documents for the acquisition of the subject property.
All other terms and conditions of the original letter of intent remain the same.
About Bocana Resources Corp.
Bocana is a mineral exploration company focused on acquiring, exploring and developing mineral properties in North and South America. Bocana, through its wholly owned subsidiary, Huiracocha International Service SRL, holds a 100-per-cent working interest in the mineral properties known as the Escala area concessions located in the department of Potosi, Sud Lipez province, Bolivia, as awarded by Comibol.
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