Lara Exploration Ltd. is pleased to announce the appointment of Mr. Steve Yuzpe to the Board of Directors of the Company. Lara also announces the resignation of Mr. Adrian Calvert from the Board and wishes to thank him for all his support and good work on behalf of the Company. Miles Thompson, President and CEO of Lara, commented, "Although the board is sorry to be losing Adrian, who leaves us to focus on his various [...]
Lara Exploration Ltd. , is pleased to report that the National Agency of Mining has approved the company's Final Exploration Reports for the three licenses that comprise the Planalto Copper Project and that the Company's partner, Capstone Mining Corp. , has a approved a budget to complete geophysical surveys and additional drilling in the coming weeks. The Company plans approximately another 2,000 metres of diamond core [...]
Lara Exploration Ltd. is pleased to report results of its mapping and surface sampling program on the Cerro Shacsha Target within the Buenos Aires Zinc Project, located approximately 25km northeast of the Company's Puituco Zinc Project , in Central Peru. Rock chip and channel samples have returned values up to 44% zinc, with twelve samples of the 151 collected returning values over 3% zinc. The Company has a historical [...]
Lara Exploration Ltd. is pleased to report that partner Compañía Minera Ares S.A.C. , a subsidiary of London-listed Hochschild Mining plc., has reported multiple gold and silver intercepts from diamond drilling at the Company's Corina Gold Project in southern Peru. The results received to date are summarized in the following table: Drillhole From To Width Au g/t Ag g/t COR19001 201.55 204.75 3.20 1.13 24.00 [...]
Lara Exploration Ltd. , is pleased to report that it has entered into an Amended Joint Venture Agreement with long-standing partner Tessarema Resources Inc. , and a new local partner North Extração de Minério Ltda. , to consolidate ownership of the Maravaia processing plant and surface rights access agreements , the Curionópolis mineral rights and all other rights to the Maravaia Copper Project [...]
Lara Exploration Ltd. , is pleased to report that it has signed a Definitive Agreement transferring all its rights and obligations to the Pampas 1, Pampas 2 and Tayacoto gold exploration licenses, located in the Ancash Department of northern Peru, to Estrella Gold S.A.C. in exchange for 5% of the shares of Estrella and a 1% NSR royalty on future production. The three properties, totalling 2,200 hectares in area, are early [...]
Lara Exploration Ltd. , is pleased to report that it has signed a Definitive Agreement transferring all its rights and obligations for the Cumaru Manganese Project in northern Brazil, to local mining company Seven Mineração Limitada, in exchange for BRL 250,000 in cash and a royalty of US$2/ton of ore taken from the property. The Cumaru Manganese Project comprises two exploration licenses totalling 8,915 [...]
Lara Exploration Ltd. , is pleased to report that it has signed a Definitive Agreement transferring all its rights and obligations for the Tocantins Gold Project, to local mining company Mineração Aldeia de Vale Eireli, in exchange for a 2% Net Smelter Return Royalty on production. The Tocantins Gold Project, which is located near the town of Conceição de Tocantins in Central Brazil, comprises [...]
Lara Exploration Ltd. , is pleased to report drilling results from the Homestead Target at its Planalto Copper Project , located in the Carajás Mineral Province of northern Brazil. Copper-gold mineralization is now recognised to underlie an area with dimensions of more than 350m north-south and 350m east-west and is open down dip to the west of the drill grid. This recently completed 15-hole diamond drilling [...]
Lara Exploration Ltd. , is pleased to report that it has completed a further 2,998.86 metres of diamond drilling on the Planalto Copper Project , located in the Carajás Mineral Province of northern Brazil. The bulk of the new drilling, 2,569.02 metres comprised infill and step-out drilling on the Homestead target, which remains open to the West, the East and at depth. Lara completed 1,336.20 metres of drilling on [...]
I have acquired ownership of 466,667 common shares and warrants to purchase an additional 200,000 common shares of Lara Exploration Ltd. of Vancouver, BC. The common shares and warrants were acquired pursuant to Lara's private placement of 4,000,000 units at a price of $0.50 per unit , debt settlement of $50,000 through the issuance of 100,000 common shares at a price of $0.50 each , and bonus share grant issuing 183,334 [...]
Lara Exploration Ltd. is pleased to report that it has completed a non-brokered private placement financing raising $2,000,000 by the issuance of 4,000,000 units at $0.50 per unit. Each unit consisted of one common share and one half of a non-transferable common share purchase warrant. Each full warrant entitles the holder to purchase an additional common share at $0.70 until March 26, 2021. If, after July 26, 2019, the [...]