Lara Exploration is pleased to report that Minera Apumayo S.A.C. has completed 88 shallow drill holes on Lara's Grace Gold Project in Southern Peru, 34 of which intercepted anomalous gold mineralization , associated with high sulphidation epithermal alteration and brecciation of andesitic volcanics. Miles Thompson, President of Lara, commented that "While we would have focused exploration more on the areas of silica [...]
Lara Exploration announces that pursuant to its stock grant program, 250,000 common shares have been granted to certain officers of the Company for their ongoing efforts in assisting towards the continuing exploration success and future goals of the Company. The common shares will be issued over a period of three years, with the initial tranche of 83,333 shares being issued upon receipt of TSX Venture Exchange approval [...]
Lara Exploration Ltd. , is pleased to report that its first diamond drill hole at the Planalto Copper Project, DDH-17-01 has intercepted 222.29 metres from surface with an average grade of 0.38% copper and 39 parts per billion gold . Within this wider zone, there is an intercept of 117.47m with an average grade of 0.53% copper and 54ppb gold . The second hole, DDH-17-02, drilled below DDH-17-01 on the same section [...]
Lara Exploration, reports that pursuant to the Company's stock option plan, 1,645,000 incentive stock options exercisable at $0.76 per share, for a period of five years, have been granted to directors, officers, employees, management company employees and consultants of the Company. About Lara Lara is an exploration company following the Prospect Generator business model, which aims to minimize shareholder dilution and [...]
Lara Exploration is pleased to report that analysis of the recently acquired electromagnetic survey data for the Company's Planalto copper project in the Carajás Province of northern Brazil, has identified several conductors, one of which is coincident with the best copper values from Lara's soil sampling and that was not tested by the previous drilling. Follow-up mapping and sampling has been completed in recent [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 28, 2017) - Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE:LRA) is pleased to report that it has amended the option agreement with Tessarema Resources Inc., for the Maravaia Copper Project, located in the Carajás Mineral Province of Northern Brazil. This amendment is one of the conditions precedent under off-take and project finance agreements signed [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 1, 2017) - Lara Exploration Ltd., ("Lara" or the "Company") (TSX VENTURE:LRA) is pleased to announce that it has signed a Memorandum of Understanding to option its Planalto Copper Project, located in the Carajás Mineral Province of Northern Brazil, to Avanco Resources Ltd. ("Avanco"), owner of the nearby Antas Copper Mine. Under the terms of the agreement, Avanco can [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 11, 2017) - Lara Exploration Ltd., ("Lara" or the "Company") (TSX VENTURE:LRA) is pleased to provide an update on permitting and development work being undertaken by partner Tessarema Resources Inc. ("Tessarema") at the Maravaia Copper Project, located in the Carajás District of Northern Brazil. On the permitting front, Tessarema has now been issued with the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 7, 2016) - Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE:LRA) is pleased to provide an update on progress of its transaction to develop the phosphate and coal interests it holds under alliances with Kiwanda Mines LLC ("Kiwanda") to Phillips River Mining Ltd. ("Phillips River"). Phillips River has now signed definitive option agreements with the underlying [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 24, 2016) - Lara Exploration Ltd. (TSX VENTURE:LRA) ("Lara" or the "Company") is pleased to report that its partner Compañía Minera Ares S.A.C. ("Ares"), a subsidiary of London-listed Hochschild Mining plc, has signed an agreement with the Calcauso community, in the Antabamba region, of the Apurimac Department, for their support for an application to drill the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 18, 2016) - Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE:LRA) is pleased to report on progress of both permitting and site works, as our partner Tessarema Resources Inc. ("Tessarema") moves the Maravaia Copper Deposit towards commercial production. The Installation License for the processing plant was issued August 23 and the Final Exploration Report approved [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 18, 2016) - Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE:LRA) is pleased to report that it has completed a non-brokered private placement financing raising $3,000,000 by the issuance of 2,400,000 units at $1.25 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 [...]
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