Bocana Resources Corp. provided an update on the diamond drilling project for its Escala Project in Bolivia. After the contract was signed with Leduc Drilling S.R.L., (“LeDuc”) for the first phase ("Phase I") of the diamond drilling campaign, the Company’s geological team was deployed shortly thereafter to the site and began identifying the initial nine drill hole locations.

Subsequently, Corporación Minera de Bolivia (“Comibol”), indicated their desire to mobilize an onsite representative to provide liaison support and coordinate resources with the local area communities, the Company and Comibol before the drilling was to begin. However, Comibol’s delay in deploying this liaison has postponed the commencement of the drilling portion of the Company’s Phase I drilling campaign. As a result, it is now estimated that the drilling will commence as soon as Comibol deploys their site representative to the Escala area, which company anticipates will take place in the next several weeks and LeDuc will be mobilized immediately thereafter.

With a projected completion time of 4-5 weeks after the commencement of the drilling program, the cores will be sent to a regional laboratory for analysis and the Company will disseminate the assay results as they are received.