- Lara Exploration Ltd. , Lara is pleased to report the results of the first five holes completed on the newly optioned Tariana license, including hole 21-002 which intercepted 341.30 metres at 0.65% copper equivalent and hole 21-005 which intercepted 339.75 metres at 0.53% copper equivalent, with both intercepts including wide zones at higher [...]
Lara Exploration Ltd. is pleased to report that it has signed an agreement to increase its interest in the Mantaro Phosphate Project from 33.33% to 70% by investing US$500,000 by the end of 2025. Lara's priority is to inform the surrounding communities of the benefits of this non-metallic mining project to produce phosphate rock, a natural product [...]
Lara Exploration Ltd. , has been notified by partner Hochschild Mining plc., that members of the local community have blocked the access roads to the Corina project, forcing a suspension of the drilling program. Hochschild has invoked the force majeure clause under the terms the option agreement with Lara while it negotiates a settlement with the [...]
Lara Exploration Ltd. , Lara is pleased to report the restart of diamond drilling at the Company's Planalto Project. The first hole of the new program is located in the south-central part of the exploration license under option from Mineração Tariana Limitada , at the southern end of a strong copper-in-soil anomaly, coincident with a north-south [...]
Lara Exploration Ltd. is pleased to report that it has received new drill permits for its Homestead discovery. The permits, issued by the Environmental Secretariat in Canaã dos Carajás, cover new drill sites to test potential extensions to the Homestead deposit that have been identified from the Induced Potential geophysical surveys carried out [...]
Lara Exploration Ltd. is pleased to report that widespread significant copper and silver mineralisation has been outlined by Valor Resources Ltd. at the Picha Project in Southern Peru. Lara holds a 2% NSR royalty on any precious metals produced and a 1% NSR on copper and any other metals produced from the property. Valor reported on October 11 [...]
Lara Exploration Ltd. is pleased to report that it has signed a Mining Rights Transfer Agreement with BHP World Exploration Inc. Sucursal del Peru to acquire the Kenita property in exchange for a commitment to pay a 1% net smelter returns royalty on any future production. The Kenita property comprises five exploration licenses, totalling 2,200 [...]
Lara Exploration Ltd. is pleased to report the planned start of field work and receipt of the second option payment from Minsur S.A. of US$200,000 as part of an Option and Royalty Agreement for the Lara Copper Project signed in July 2020. The Lara Copper Project comprises of mineral rights covering a partly defined copper-molybdenum porphyry [...]
Lara Exploration Ltd. , is pleased to report on preliminary metallurgical test work carried out by Blue Coast Research Ltd of Parksville, British Columbia, Canada, on composite samples from across and down through the copper mineralized zone at the Homestead target of the Company's Planalto Copper Project, located in the Carajás region of northern [...]
Lara Exploration Ltd. , is pleased to report the receipt of additional drill results from partner Hochschild Mining plc., for Lara's Corina Gold Project in southern Peru. Hochschild reported completion of 2,095 metres of diamond drilling in Q1-2021, with a further 2,000m planned for Q2. Significantly mineralized intercepts have been released for [...]
Lara Exploration Ltd. , is pleased to report that it has completed a reappraisal of the diamond drilling and ground magnetometer survey results for its Itaítuba vanadium project, in the Tapajós region of northern Brazil. Project work initially focused on vanadium-bearing magnetite bodies, but the recent work has shown that the host gabbros also [...]
Lara Exploration Ltd. , is pleased to report that it has completed a further 18 line kilometers of Induced Potential chargeability and resistivity surveys at its Planalto copper property in the Carajás region of northern Brazil. The survey, together with additional field mapping and surface sampling, indicates potential extensions to the Homestead [...]