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Bocana Resources Secures US$27.5M LOI to Acquire Arizona Placer Claims
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Bocana Resources Secures US$27.5M LOI to Acquire Arizona Placer Claims
Bocana Resources Corp. (TSXV: BOCA | Frankfurt: VC1) announced that it has entered into a binding letter of intent, dated July 24, 2025, to acquire 100 % of the rights, title, and interests in 72 Bureau of Land Management placer mining claims in Pinal County, Arizona, from LP Associates, LLC, through its newly formed Nevada subsidiary, Arizore LLC, for a total consideration of US$27.5M (including a US$200,000 deposit applied toward the purchase …
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