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NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Sept. 22, 2022 (GLOBE NEWSWIRE) — United Hunter Oil & Gas Corp. (" UHO " or the " Corporation ") (TSX Venture Exchange: UHO) (Frankfurt: 18U1), is pleased to provide an update on recently completed geophysical work and the subsequently updated technical report in accordance with National Instrument 43-101 (“ Technical Report ”), along with an update on the status of the previously announced amalgamation agreement (" Transaction ") with Bocana Resources Ltd. (“ Bocana ”) (together Bocana and UHO referred to as the " Resulting Issuer " or “ Parties ”). As a follow up to the previous announcements earlier this summer, Bocana completed an induced polarization (IP) geophysical survey on the Escala project in south-west Bolivia (the " Escala Project "). The Escala Project consists of 4 concessions covering 4000 hectares with known near surface porphyry style gold/silver and vein hosted silver/lead/zinc. Historic IP surveys were limited in areal extent but did indicate the presence of extensive sulphide mineralization associated with an intrusive complex. Bocana’s IP survey entailed approximately 88-line kilometres and covered all known areas of mineralization and determined […]
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