Lara Exploration Ltd. , is pleased to report that it has signed an option agreement with Mineração Zaspir Ltda. , to acquire an exploration claim adjacent to the Company's Planalto Copper Project in the Carajás Mineral Province of northern Brazil. The claim is being acquired by Lara's subsidiary Planalto Mineração Ltda. , and will form part of the [...]
Lara Exploration Ltd. is pleased to report drilling results and provide an update on development work on the Osmar-2 target at the Celesta Copper Mine in northern Brazil. Work began to open up a second mining front at Osmar-2 in December 2020, with production in the coming months derived exclusively of sulphide material from this new pit, while a [...]
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 completed a further 2,318 metres of resource drilling in Q4-2020 on the Corina structure, in follow-up to the discovery drilling completed in 2019 . Drilling continues [...]
Lara Exploration Ltd. , proposes to extend the expiry date of 2,000,000 common share purchase warrants that were issued pursuant to the Company's March 26, 2019 private placement. The Warrants are exercisable into common shares of the Company at an exercise price of $0.70 per common share and due to expire on March 26, 2021. The Company will seek [...]
Lara Exploration Ltd. , is pleased to report that during the ramp-up phase between July and December 2020 the Celesta Copper Mine shipped 1,195 dry metric tonnes of concentrate, containing 457 tonnes of copper metal and 1,286 ounces of gold. The plant has so far achieved a maximum processing rate of 350 tonnes per day, below the targeted 500 tonnes [...]
Lara Exploration Ltd., is pleased to report that London-listed miner, Hochschild Mining plc., has included new drill results from Lara's Corina Gold Project in its Q4-2020 Production Report that was released this morning. Lara has requested a copy of the data and will report a full set of results as soon as possible. Hochschild has the option to [...]
Lara Exploration Ltd. , is pleased to report that it has signed an option agreement with Mineração Tariana Ltda. , a subsidiary of Anglo American do Brasil Ltda., to acquire an exploration licence adjacent to the Company's Planalto Copper Project in the Carajás Mineral Province of northern Brazil. The license is being acquired by Lara's subsidiary [...]
Lara Exploration Ltd., announces that pursuant to the Company's stock option plan, 1,565,000 incentive stock options exercisable at $0.76 per share for a period of five years have been granted to directors, officers, management company employees and consultants of the Company. About Lara Lara is an exploration company following the Prospect and [...]
Lara Exploration Ltd. , is pleased to provide an update on permitting and report the restart of production at the Bifox Phosphate Project, located near the town of Copiapó, in Atacama desert of northern Chile. Since settling environmental infractions and fines, inherited from the vendors, at the start of 2020 , Bifox Ltd. , has been working to [...]
Lara Exploration Ltd., is pleased to report that it has completed an agreement to sell its Fofoca South Gold Prospect, in the Tapajos Region of northern Brazil, to London-listed Serabi Gold plc. , for US$100,000 in cash and a 2% Net Smelter Return Royalty . Fofoca South is close to and partially adjacent to the main block of tenements held by [...]
Lara Exploration Ltd. , is pleased to report that it has, with partner Global Battery Metals Ltd. , signed an Option and Royalty Agreement for the sale of the Lara Copper Project for US$5.75 million and a 1.5% NSR royalty to Minsur S.A. . Minsur is a Peruvian tin and gold miner that is in the late stages of building the US$1.6 billion capex Mina [...]
Lara Exploration Ltd. , is pleased to report that mining and processing has started at its Celesta Copper Project, located near the town of Curionópolis, in the Carajás Mineral Province, Pará State, northern Brazil, with first concentrates due to be shipped in early August. Lara owns a 2% net smelter returns royalty on the project and a 5% carried [...]