Lara Exploration Ltd. has, due to investor demand, increased its private placement to $2,000,000 through the issuance of 4,000,000 units at $0.50 per unit. Each unit shall consist of one common share and half of one non-transferable, common share purchase warrant. Each full warrant will entitle the holder to purchase an additional common share at [...]
Lara Exploration Ltd. , intends to undertake a private placement raising up to $1,000,000 by the issuance of 2,000,000 units at $0.50 per unit. Each unit shall consist of one common share and half of one non-transferable, common share purchase warrant. Each full warrant will entitle the holder to purchase an additional common share at $0.70 for two [...]
Lara Exploration Ltd. , is pleased to report that it has completed an initial four hole scout diamond drill program to determine the attitude and vertical depth extension of a number of vanadium-bearing titanium-magnetite bodies previously identified at the surface on its Itaituba Vanadium Project, in the Tapajos region of northern Brazil [...]
Lara Exploration Ltd. , is pleased to announce that it has signed the Definitive Agreement granting Capstone Mining Corp. , an exclusive option to earn up to a 70% interest in the Company's Planalto Copper Project in the Carajás Province of northern Brazil. Lara's exploration work over the last 12 months has yielded a series of very [...]
Lara Exploration Ltd. , reports that partner Tessarema Resources Inc. , is in default under the terms of the option agreement with Lara. The payment due to Lara at the end of 2018 of US$1 million has been recognised, but not yet paid. Lara is negotiating the terms of an amendment to the current agreement with Tessarema and trading house Ocean [...]
Lara Exploration Ltd. , is pleased to report that it has recently completed a geological review of its Damol ndia project in Goiás State, Central Brazil, which has identified potential for disseminated and stringer-style sulphide nickel-copper-cobalt mineralization that has either not been, or at best only partially tested by historic drill [...]
Lara Exploration Ltd. , is pleased to announce that it has signed a Letter of Intent granting Capstone Mining Corp. , an exclusive option to earn up to a 70% interest in the Company's Planalto Copper Project in the Carajás Province of northern Brazil. Lara's exploration work over the last 12 months has yielded a series of very promising [...]
Lara Exploration is pleased to report that its final hole of the Phase-1 scout drilling program, hole PDH-18-03, intercepted 130.41m. between 68.05m and 198.46m down hole, with an average grade of 0.88% copper and 90ppb gold, or 0.93 % copper equivalent "CuEq", within a wider zone of 284.71m from surface averaging 0.48% Cu and 48 ppb Au. Miles [...]
Lara Exploration is pleased to report results of its surface chip channel sampling program to evaluate polymetallic brecciated feeder structures and related mantos mapped at its newly acquired Puituco Project, located in the Huancavelica Department of Central Peru. A total of 63 samples were collected across vertical brecciated structures and two [...]
Lara Exploration, is pleased to report that Mineração Maravaia, has been granted its mining license for the Maravaia Copper Project, located near the town of Curionópolis in the Carajás Mineral Province of Northern Brazil. The Maravaia Project is being developed under an option agreement with Tessarema Resources, which [...]
Lara Exploration is pleased to report results for a further two diamond drill holes completed in the first quarter of 2018 at the Planalto Copper Project, in the Carajás Province of northern Brazil. PDH-18-02 intercepted 210.90 metres from surface with an average grade of 0.39% copper and 50 parts per billion gold. Within this wider zone [...]
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 [...]