Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Lara Exploration Ltd. (V:LRA)

Business Focus: Specialty Mining & Metals (NEC)

Jan 30, 2024 08:00 am ET
Lara Appoints Anthony Polglase as a Technical Advisor
Vancouver, British Columbia--(Newsfile Corp. - January 30, 2024) - Lara Exploration Ltd. (TSXV: LRA) ("Lara") is pleased to announce the appointment of Mr. Anthony (Tony) Polglase as a Technical Advisor, to provide support to the management team on the development of the Company's Planalto Copper Project in the Carajás Mineral Province of northern Brazil.
Jan 29, 2024 08:00 am ET
Lara Provides an Update on its Planalto Copper Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - January 29, 2024) - Lara Exploration Ltd. (TSXV: LRA) ("Lara") is pleased to provide an update on work at its Planalto Copper Project in Brazil. Q4-2023 saw the completion of the 2023 drill program of 9,100m, linking the Homestead and Cupuzeiro discoveries into a single body of mineralization, with Final Exploration Reports then filed with the National Mining Agency ("ANM") on the two northern licenses, defining mineral resources to Brazilian standards for the Cupuzeiro mineralization and the Gap Zone linking it to the original Homestead discovery. The Company has now started work on resource estimates and plans to undertake further technical and environmental studies on the combined Homestead and Cupuzeiro target in the coming months.
Jan 08, 2024 08:00 am ET
Lara Announces Board and Management Changes
Vancouver, British Columbia--(Newsfile Corp. - January 8, 2024) - Lara Exploration Ltd. (TSXV: LRA) ("Lara") is pleased to announce the appointment of Simon Ingram as President, CEO, and a Director of the Company, with Miles Thompson remaining in his role as Chairman.
Nov 15, 2023 07:00 am ET
Lara Reports Further Wide Intercepts in the Cupuzeiro and Homestead Targets and a Significant High-Grade Intercept at the Silica Cap Target
Vancouver, British Columbia--(Newsfile Corp. - November 15, 2023) - Lara Exploration Ltd. (TSXV: LRA) ("Lara") is pleased to report the final results of the recently completed 9,100m diamond drill program at the Planalto Copper Project.
Oct 04, 2023 07:00 am ET
Lara Exploration Ltd: Drilling Links the Homestead and Cupuzeiro Targets at Planalto. Capstone Relinquishing Earn-In Option
Vancouver, British Columbia--(Newsfile Corp. - October 4, 2023) - Lara Exploration Ltd. (TSXV: LRA) ("Lara") has been notified by partner Capstone Copper Corp., that it intends to withdraw from its option to earn a 70% interest in the Company's Planalto Copper Project, which is located in the Carajás Mineral Province of Northern Brazil. Since becoming the project operator at Planalto in March 2023, Capstone has completed a further 9,100m of diamond drilling, bringing the project total to 26,016m. Lara is pleased to report the first results from this new program (summarized in Table 1.) that join the Homestead and Cupuzeiro targets into a single body of mineralization extending over 1,000m north to south and ranging from 200m to 500m in width from east to west. Lara expects to receive and publish the remaining results from this latest drilling in the coming months and to publish a maiden resource statement in Q1-2024. The 2023 drillhole map for Planalto can be found here.
Aug 02, 2023 04:15 pm ET
Lara Provides Update on Drilling Program at the Planalto Copper Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - August 2, 2023) - Lara Exploration Ltd. (TSXV: LRA) ("Lara") is pleased to report that since the company's press release of May 23, 2023, drill permits for the 11 drill pads have been received for the Gap Zone (200m wide) between the Homestead and Cupuzeiro copper targets on the Planalto project in northern Brazil.
Jul 05, 2023 08:30 am ET
Lara Reports Further Higher-Grade Copper Intercepts at the Planalto Project
Vancouver, British Columbia--(Newsfile Corp. - July 5, 2023) - Lara Exploration Ltd. (TSXV: LRA) ("Lara") is pleased to report the results of six follow-up drill holes to the immediate north eastern side of the Cupuzeiro target, two of which, holes 22-011 and 22-014, gave intersections of 47.22m at 0.652% copper equivalent and 41.51m at 0.737% copper equivalent, respectively, below the zone of high grade intersections reported previously for the Cupuzeiro target (see news releases of May 16, 2022 and September 13, 2022).
May 23, 2023 04:15 pm ET
Lara Exploration Ltd: Drilling Resumes at the Planalto Copper Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2023) - Lara Exploration Ltd. (TSXV: LRA) ("Lara") is pleased to report that it has received a new exploration permits from the Canãa dos Carajás municipal environmental agency to drill a further eleven infill and exploratory holes (approximately 3,700m) to test the northern and southern strike trends of the new Cupuzeiro discovery and to better constrain the limits of the higher-grade mineralization zone (see Lara news releases of May 16 and September 13, 2022 for details). Most of this drilling will be large diameter HQ core to provide sufficient material for ongoing metallurgical test work.
Apr 24, 2023 08:00 am ET
Lara Announces Adoption of a Performance Bonus Compensation Plan and Grant of Incentive Stock Options
Vancouver, British Columbia--(Newsfile Corp. - April 24, 2023) - Lara Exploration Ltd. (TSXV: LRA), is pleased to announce that the Company's board of directors (the "Board") has approved the adoption of a Performance Bonus Compensation Plan (the "Bonus Plan") and the grant of 2,420,000 incentive stock options under its existing stock option plan exercisable at $0.79 to certain directors, officers, management company employees and consultants of the Company.
Apr 17, 2023 08:00 am ET
Lara Exploration - Update on the Picha Copper-Silver Project in Southern Peru
Vancouver, British Columbia--(Newsfile Corp. - April 17, 2023) - Lara Exploration Ltd. (TSXV: LRA) is pleased to provide an update on work at the Picha Copper-Silver Project, located in the Moquegua and Puno Departments of southern Peru, where Lara holds a 2% NSR on any precious metals produced and a 1% NSR on base metals on the core licenses totalling 3,800 hectares.
Apr 04, 2023 08:00 am ET
Lara Expands Mineralized Footprint at the Kenita Project in Central Peru
Vancouver, British Columbia--(Newsfile Corp. - April 4, 2023) - Lara Exploration Ltd. (TSXV: LRA) is pleased to provide an update on work at its Kenita Polymetallic Project, located in the Huancavelica Department of Central Peru. The Company's 2022 field programs have substantially expanded the mineralized footprint, along six major breccia veins and five related mantos (mineralized limestone beds) with significant silver, zinc, and lead values. During the most recent mapping program a further 44 channel samples (from 0.5 meters to 5 meters in length) were collected in the central part of the property, with values ranging from less than detection limit of <1 ppm to 287 g/t silver (length weighted average of 46.49 ppm Ag), less than the detection limit of 20 ppm to 16.4% zinc (length weighted average of 4.37% Zn and with one sample assaying over 30 % Zn); and less than detection limit of 20 ppm to 10.1% lead (length weighted average of 2.99% Pb. Fourteen (14) samples (32% of the total samples) assayed in excess of 50 ppm Ag, 13 samples (29% of the samples) assayed in excess of 5% Zn and 15 samples (34% of the samples) assayed in excess of 4% Pb.
Feb 21, 2023 08:30 am ET
Lara Exploration - Capstone Exercises Option to Become Operator of the Planalto Copper Project
Vancouver, British Columbia--(Newsfile Corp. - February 21, 2023) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), is pleased to report that Capstone has elected to raise its interest in the Planalto Copper Project from 49% to 51% and become the operator, by agreeing to fund exploration work and feasibility studies, and by paying US$400,000 in cash to Lara. Capstone can raise its interest from 51% to 61% by delivering a feasibility study by December 31, 2026.
Dec 12, 2022 04:30 pm ET
Lara Announces Appointment of New CFO
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2022) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), is pleased to announce the appointment of Mr. Bill Tsang as Chief Financial Officer effective immediately.
Oct 25, 2022 07:00 am ET
Lara Exploration - Capstone Completes Stage-1 of Planalto Agreement
Vancouver, British Columbia--(Newsfile Corp. - October 25, 2022) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), is pleased to report that its partner Capstone Copper Corp. ("Capstone") has completed the first phase of the option agreement for the Planalto Copper Project in Brazil, investing more than US$5 million in exploration expenditures to earn a 49% interest. By committing to fund phase 2, Capstone can elect to raise its interest to 51% to become the project operator by paying Lara US$400,000 and then earn a further 10% interest (to 61%) in the project by delivering a feasibility study.
Oct 17, 2022 08:30 am ET
Lara Exploration - Drilling Resumes at the Planalto Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - October 17, 2022) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), is pleased to report that it has received a new exploration permit from the Para State environmental authority SEMAS, to extend drilling northwards of the new Cupuzeiro discovery. Two drill rigs have been mobilised, with a plan to initially drill a further 3,000 metres north of Cupuzeiro in the coming months. An additional 1,800 metres of drilling is planned to test the gap between the Cupuzeiro target and the Homestead deposit, which is still subject to environmental permitting.
Sep 13, 2022 06:00 am ET
Lara Intercepts 380.79 Metres at 0.57% Copper Equivalent at the Planalto Project
Vancouver, British Columbia--(Newsfile Corp. - September 13, 2022) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), Lara is pleased to report the results of seven follow-up drill holes from the Cupuzeiro target, the best of which, 22-007, made a sulphide-copper intersection of 380.79 metres from near surface, averaging 0.575% Cu equivalent, including two zones of higher-grade mineralization: 78.81 metres grading 1.083% Cu from 17.8 metres, and 40.4 m at 1.308% Cu from 121.68 metres downhole.
Jul 18, 2022 04:15 pm ET
Lara Exploration - Hochschild Relinquishes Option to Buy the Corina Gold-Silver Project in Peru
Vancouver, British Columbia--(Newsfile Corp. - July 18, 2022) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), has been formally notified, by partner Hochschild Mining plc., that it is relinquishing its option to purchase the Corina gold-silver discovery.
Jun 20, 2022 08:30 am ET
Acquisition of Further Shares & Warrants of Lara Exploration Ltd.
Vancouver, British Columbia--(Newsfile Corp. - June 20, 2022) - I have acquired ownership of 461,538 common shares (representing 1.10% of the outstanding shares) and warrants to purchase an additional 230,769 common shares of Lara Exploration Ltd. (TSXV: LRA) of Vancouver, BC. The common shares and warrants were acquired pursuant to Lara's private placement of 6,153,846 units (each unit consisting of one common share and one-half of one warrant to purchase a further common share) at a price of $0.65 per unit.
Jun 17, 2022 06:10 pm ET
Lara Successfully Completes $4 Million Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2022) - Lara Exploration Ltd. (TSXV: LRA) is pleased to report that it has completed a non-brokered private placement financing raising $3,999,999.90 by the issuance of 6,153,846 units at $0.65 per unit. Each unit consisted of one common share and one half of a non-transferable common share purchase warrant. Each warrant entitles the holder to purchase an additional common share at $1.00 until June 17, 2025. If, after October 17, 2022, the closing price of the Company's shares on the TSX Venture Exchange is $1.20 or greater for any period of 10 consecutive trading days, the Company may, by news release issued within five trading days thereof, accelerate the expiry of the warrants to the 21st trading day after such news release.
May 19, 2022 07:00 am ET
Lara Exploration to Raise up to $4 Million by Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 19, 2022) - Lara Exploration Ltd. (TSXV: LRA) intends to undertake a private placement raising up to $4,000,000 by the issuance of 6,153,846 units at $0.65 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 $1.00 for three years. If, after four months from closing, the closing price of the Company's shares on the TSX Venture Exchange is $1.20 or greater for any period of 10 consecutive trading days, the Company may, by news release issued within five trading days thereof, accelerate the expiry of the warrants to the 21st trading day after such news release.
May 17, 2022 07:00 am ET
Lara Exploration - Favourable Ruling Received for Liberdade Copper Project Lawsuit in Brazil
Vancouver, British Columbia--(Newsfile Corp. - May 17, 2022) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), Lara is pleased to report that it has been advised by partner Codelco do Brasil Mineração Ltda. ("Codelco"), that the court has given a positive ruling in the lawsuit defending the validity of our Liberdade exploration license with the Brazilian Mining Agency ("ANM"). The Company considers the ruling favourable, but understands that it is being appealed by the ANM.
May 16, 2022 07:00 am ET
Lara Intercepts 94.22 Metres at 1.04% Copper at the Planalto Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2022) - - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), 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 grade. These holes are located 300 metres to the north of Homestead deposit and demonstrate there is potential to substantially increase its size and grade. A full set of results including the higher grade intercepts are summarised in the table below:
May 04, 2022 08:30 am ET
Lara to Acquire a 70% Interest in the Mantaro Phosphate Project in Peru
Vancouver, British Columbia--(Newsfile Corp. - May 4, 2022) - Lara Exploration Ltd. (TSXV: LRA) 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 used for organic farming, which can benefit the community financially and help improve its farming yields.
Nov 22, 2021 04:15 pm ET
Lara Exploration: Update on the Corina Gold-Silver Project in Peru
Vancouver, British Columbia--(Newsfile Corp. - November 22, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), 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 community.
Nov 08, 2021 08:30 am ET
Drilling Resumes at the Planalto Copper Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - November 8, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), 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 (see Lara news release of January 11, 2021 for details), at the southern end of a strong copper-in-soil anomaly, coincident with a north-south Induced Polarization anomaly (see Lara release of March 22, 2021 for details).
Oct 27, 2021 08:30 am ET
Drilling Permits Granted for the Planalto Copper Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - October 27, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), Lara is pleased to report that it has received new drill permits for its Homestead discovery. The permits, issued by the Environmental Secretariat (SEMMA - Secretaria Municipal de Meio Ambiente) in Canaã dos Carajás, cover new drill sites to test potential extensions to the Homestead deposit that have been identified from the Induced Potential (IP) geophysical surveys carried out earlier in the year (see news release of March 22, 2021 for details). Lara has an approved budget from partner Capstone Mining, for 4,350 metres of step-out diamond drilling at Planalto and plans to mobilise drill rigs in the coming weeks.
Oct 18, 2021 08:30 am ET
Lara Reports Picha Royalty Update
Vancouver, British Columbia--(Newsfile Corp. - October 18, 2021) - Lara Exploration Ltd. (TSXV: LRA) is pleased to report that widespread significant copper and silver mineralisation has been outlined by Valor Resources Ltd. (ASX: VAL) 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.
Aug 31, 2021 08:30 am ET
Kenita Property Acquisition from BHP Expands Puituco Project in Central Peru
Vancouver, British Columbia--(Newsfile Corp. - August 31, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), is pleased to report that it has signed a Mining Rights Transfer Agreement with BHP World Exploration Inc. Sucursal del Peru ("BHP") 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 hectares in area, which are adjacent to and surround Lara's 400 hectare Puituco Project, located in the Huancavelica Department of Central Peru.
Aug 03, 2021 10:34 am ET
Option Payment Received from Minsur for the Lara Copper Project in Peru
Vancouver, British Columbia--(Newsfile Corp. - August 3, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), is pleased to report the planned start of field work and receipt of the second option payment from Minsur S.A. ("Minsur") of US$200,000 as part of an Option and Royalty Agreement ("the Agreement") for the Lara Copper Project signed in July 2020.
Apr 28, 2021 08:00 am ET
Lara Exploration Announces Positive Preliminary Metallurgical Test Work for the Planalto Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - April 28, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), is pleased to report on preliminary metallurgical test work carried out by Blue Coast Research Ltd ("Blue Coast") 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 Brazil. The key results are:
Apr 27, 2021 08:00 am ET
Hochschild Intercepts 1.6m Averaging 6g/t Gold and 39g/t Silver at the Lara's Corina Gold Project in Peru
Vancouver, British Columbia--(Newsfile Corp. - April 27, 2021) -  Lara Exploration Ltd. (TSXV: LRA) ("Lara"), 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 two of the holes from the Q1-2021 drilling, which are summarized in the table below:
Apr 12, 2021 08:30 am ET
Lara Exploration Ltd: Diamond Drilling Identifies More Extensive Vanadium Mineralization at the Itaituba Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - April 12, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or "the Company"), 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 contain disseminated vanadium-bearing magnetite that can be concentrated to enrich the vanadium grade. Surface mapping and the magnetic survey show these gabbros to be extensive within the Lara property and the Company plans to undertake further geophysical surveys and follow-up drilling later in the year.
Mar 22, 2021 08:30 am ET
Lara Exploration - Geophysical Surveys Completed and Step-out Drilling Planned at the Planalto Copper Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - March 22, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), is pleased to report that it has completed a further 18 line kilometers of Induced Potential (IP) 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 mineralization within Lara's existing property and to the north into the newly optioned Zaspir and Tariana properties. A diamond drilling program of initially 4,350 metres is planned to start in second quarter to test these new targets, see Figure 1. below for details:
Mar 15, 2021 08:30 am ET
Lara Exploration - Property Option Further Extends Strike Potential of the Planalto Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - March 15, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or "the Company"), is pleased to report that it has signed an option agreement with Mineração Zaspir Ltda. ("Zaspir"), 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. ("Planalto"), and will form part of the company's staged earn-in agreement with Capstone Mining Corp.
Feb 13, 2021 12:25 am ET
TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, BC, Feb. 12, 2021 /CNW/ -
Feb 08, 2021 08:30 am ET
Lara Exploration Ltd. - Drilling Outlines Osmar-2 Mineralization at the Celesta Copper Mine in Brazil
Vancouver, British Columbia--(Newsfile Corp. - February 8, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company") 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 cut-back is being completed to access deeper material in the Osmar-1 pit.
Feb 02, 2021 08:30 am ET
Hochschild Intercepts 31.55m averaging 4.9g/t Gold and 43g/t Silver at the Lara's Corina Gold Project in Peru
Vancouver, British Columbia--(Newsfile Corp. - February 2, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), 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 (see Company news release of October 1, 2019 for details). Drilling continues with resource and exploration drilling in the Corina and associated structures to the northeast of the system. The new results are summarized in the table below:
Jan 27, 2021 01:30 pm ET
Lara Proposes to Extend the Expiry Date of Warrants
Vancouver, British Columbia--(Newsfile Corp. - January 27, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), proposes to extend the expiry date of 2,000,000 common share purchase warrants (the "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 acceptance from the TSX Venture Exchange to extend the term of the Warrants for an additional twelve months to March 26, 2022. All other terms of the Warrants will remain the same.
Jan 26, 2021 08:30 am ET
Lara Exploration Ltd: Production Update for the Celesta Copper Mine in Brazil
Vancouver, British Columbia--(Newsfile Corp. - January 26, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company"), 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.
Jan 20, 2021 02:42 pm ET
Lara Exploration Ltd.: Hochschild Reports Drilling Results from Lara's Corina Gold Project in Peru
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2021) - Lara Exploration Ltd., (TSXV: LRA) 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.
Jan 11, 2021 08:30 am ET
Lara Exploration Ltd - Property Option Extends Strike Potential of the Planalto Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - January 11, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or "the Company"), is pleased to report that it has signed an option agreement with Mineração Tariana Ltda. ("Tariana"), a subsidiary of Anglo American do Brasil Ltda., to acquire an exploration licence adjacent to the Company's Planalto Copper Project ("the Project") in the Carajás Mineral Province of northern Brazil. The license is being acquired by Lara's subsidiary Planalto Mineração Ltda. ("Planalto"), and will form part of the company's staged earn-in agreement with Capstone Mining Corp.
Sep 01, 2020 05:07 pm ET
Lara Exploration Ltd: Grant of Incentive Stock Options
Vancouver, British Columbia--(Newsfile Corp. - September 1, 2020) - Lara Exploration Ltd., (TSXV: LRA) ("Lara" or the "Company") 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.
Sep 01, 2020 08:30 am ET
Lara Exploration Ltd: Update for the Bifox Phosphate Project in Chile
Vancouver, British Columbia--(Newsfile Corp. - September 1, 2020) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company"), 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.
Aug 25, 2020 08:30 am ET
Lara Exploration Ltd. - Royalty Deal Completed for the Fofoca South Gold Prospect in Northern Brazil
Vancouver, British Columbia--(Newsfile Corp. - August 25, 2020) - Lara Exploration Ltd., (TSXV: LRA) ("Lara" or the "Company") 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. ("Serabi"), for US$100,000 in cash and a 2% Net Smelter Return Royalty ("NSR"). Fofoca South is close to and partially adjacent to the main block of tenements held by Serabi in the Tapajos Region and 4 km to the northwest of Serabi's São Chico underground gold mine.
Jul 28, 2020 07:00 am ET
Option and Royalty Agreement Signed for Minsur to Acquire the Lara Project
Vancouver, British Columbia--(Newsfile Corp. - July 28, 2020) -  Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company"), is pleased to report that it has, with partner Global Battery Metals Ltd. ("GBM"), signed an Option and Royalty Agreement ("the 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"). Minsur is a Peruvian tin and gold miner that is in the late stages of building the US$1.6 billion capex Mina Justa open pit copper mine near Marcona, in the same district as the Lara project.
Jul 27, 2020 07:00 am ET
Lara Reports First Production at the Celesta Copper Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - July 27, 2020) -  Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company"), 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.
Apr 20, 2020 07:00 am ET
Lara Exploration - Drilling Extends Mineralized Footprint at the Planalto Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - April 20, 2020) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or "the Company"), is pleased to report further drilling results for the Homestead target at its Planalto Copper Project ("the Project") in the Carajás Mineral Province of northern Brazil. Extensions of the copper-gold mineralization have been intersected to the west and northwest of the mineralized zone outlined by the drill campaign of mid-2019 (see Company news release of July 23, 2019 for details). Another hole drilled to the east of the previously known mineralization intersected a new zone of blind copper-gold mineralization at a depth of approximately 200m below the surface. Two further holes in the Silica Cap target, at the southern end of Homestead, both intersected anomalous copper mineralization close to the granite-mafic volcanic contact similar to that seen in the previous drilling.
Feb 18, 2020 08:30 am ET
Lara Update for the Bifox Phosphate Project in Chile
Vancouver, British Columbia--(Newsfile Corp. - February 18, 2020) - Lara Exploration Ltd.(TSXV: LRA) ("Lara" or the "Company"), is pleased to report that Bifox Ltd. ("Bifox"; previously known as Phillips River Mining Ltd.), has advised the Company that it has now completed agreements with the Chilean Government (through the Consejo de Defensa del Estado) to settle outstanding environmental infractions and fines incurred by the vendors and lift the embargo on mining and processing at the Bifox Phosphate Project, located near the town of Copiapó, in Atacama desert of northern Chile.
Dec 02, 2019 08:30 am ET
Update for the Celesta Copper Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2019) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company"), is pleased to provide a progress update on its Celesta Copper Project (previously known as the Maravaia Copper Project), located near the town of Curionópolis, in the Carajás Mineral Province, Pará State, northern Brazil.
Nov 13, 2019 08:30 am ET
Lara Appoints Steve Yuzpe to the Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - November 13, 2019) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or "the Company") 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.
Nov 04, 2019 08:30 am ET
Drilling to Resume at the Planalto Copper Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - November 4, 2019) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or "the Company"), is pleased to report that the National Agency of Mining ("ANM") 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. ("Capstone"), has a approved a budget to complete geophysical surveys and additional drilling in the coming weeks.
Oct 15, 2019 08:30 am ET
Lara Outlines Second Zinc Target in Central Peru
Vancouver, British Columbia--(Newsfile Corp. - October 15, 2019) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company") 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 (see Company news release of June 12, 2018 for details), 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.
Oct 01, 2019 08:30 am ET
Lara Exploration Ltd.: Multiple Gold-Silver Intercepts from Drilling at the Corina Gold Project in Peru
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2019) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company") is pleased to report that partner Compañía Minera Ares S.A.C. ("Ares"), 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:
Sep 24, 2019 08:30 am ET
Lara Update for the Maravaia Copper Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - September 24, 2019) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company"), is pleased to report that it has entered into an Amended Joint Venture Agreement ("the JV Agreement") with long-standing partner Tessarema Resources Inc. ("Tessarema"), and a new local partner North Extração de Minério Ltda. ("North"), to consolidate ownership of the Maravaia processing plant and surface rights access agreements (held by North), the Curionópolis mineral rights (originally held by Lara) and all other rights to the Maravaia Copper Project held by Tessarema, into a new venture denominated Celesta Mineração S.A. ("Celesta") and move the project into production as soon as possible. As part of a previously agreed life-of-mine concentrates Offtake Agreement, Ocean Partners UK Ltd. ("Ocean Partners"), has agreed to lend Celesta US$2.6m to fund upgrades to the plant, pre-stripping, mine infrastructure and working capital, with release of funds expected in the coming weeks, once the company and pledges are registered.
Sep 23, 2019 08:30 am ET
Lara Exchanges Ancash Properties for Shares and a 1% NSR Royalty
Vancouver, British Columbia--(Newsfile Corp. - September 23, 2019) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or "the Company"), 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. ("Estrella") 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 stage prospects claimed as part of Lara's generative program for gold in Peru.
Sep 10, 2019 07:00 am ET
Lara Exchanges Cumaru Property Interest for US$2/ton Royalty
Vancouver, British Columbia--(Newsfile Corp. - September 10, 2019) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or "the Company"), 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 (equivalent to approximately US$60,975) and a royalty of US$2/ton of ore taken from the property.
Sep 05, 2019 07:30 am ET
Lara Exchanges Tocantins Gold Property Interest for 2% NSR Royalty
Vancouver, British Columbia--(Newsfile Corp. - September 5, 2019) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or "the Company"), 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.
Jul 23, 2019 08:30 am ET
Follow-up Drilling Results from the Planalto Copper Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - July 23, 2019) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or "the Company"), is pleased to report drilling results from the Homestead Target at its Planalto Copper Project ("the 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.
Jun 10, 2019 04:30 pm ET
Follow-Up Drilling Completed on the Planalto Copper Project
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2019) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or "the Company"), is pleased to report that it has completed a further 2,998.86 metres of diamond drilling on the Planalto Copper Project ("the 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.
Mar 27, 2019 08:30 am ET
Acquisition of Further Shares & Warrants of Lara Exploration Ltd.
Vancouver, British Columbia--(Newsfile Corp. - March 27, 2019) - I have acquired ownership of 466,667 common shares (representing 1.21% of the outstanding shares) and warrants to purchase an additional 200,000 common shares of Lara Exploration Ltd. (TSXV: LRA) of Vancouver, BC. The common shares and warrants were acquired pursuant to Lara's private placement of 4,000,000 units (each unit consisting of one common share and one-half of one warrant to purchase a further common share) at a price of $0.50 per unit (of which, 400,000 units were issued to me), debt settlement of $50,000 through the issuance of 100,000 common shares at a price of $0.50 each (of which, 50,000 shares were issued to me), and bonus share grant issuing 183,334 common shares at $0.72 each (of which, 16, 667 shares were issued to me).
Mar 26, 2019 05:29 pm ET
Lara Successfully Completes $2.0 Million Private Placement
Vancouver, British Columbia--(Newsfile Corp. - March 26, 2019) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company") 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 closing price of the Company's shares on the TSX Venture Exchange is $1.00 or greater for 10 consecutive trading days, the Company may, by news release issued within five trading days thereof, accelerate the expiry of the warrants to the 21st calendar day (not the 21st trading day, as previously announced) after such news release.
Mar 19, 2019 10:39 am ET
Lara Agrees to Settle Insider Debts in Shares
Vancouver, British Columbia--(Newsfile Corp. - March 19, 2019) - Lara Exploration Ltd., (TSXV: LRA) ("Lara" or the "Company") reports that it has entered into agreements with its President & CEO, and Vice-President Corporate Development to part settle outstanding management and consulting fees owed to them as of February 28, 2019, by issuing 100,000 common shares priced at $0.50 each. The shares for debt settlements are limited by the amounts allowed by and subject to approval of the TSX Venture Exchange.
Mar 05, 2019 12:23 pm ET
Lara Exploration Increases Private Placement to $2,000,000
Vancouver, British Columbia--(Newsfile Corp. - March 5, 2019) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company") 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.
Mar 04, 2019 08:00 am ET
Lara Exploration to Raise up to $1 Million by Private Placement
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2019) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company"), 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 years. If, after four months from closing, the closing price of the Company's shares on the TSX Venture Exchange is $1.00 or greater for any period of 10 consecutive trading days, the Company may, by news release issued within five trading days thereof, accelerate the expiry of the warrants to the 21st trading day after such news release.
Feb 26, 2019 04:15 pm ET
Lara Reports Encouraging Test Results for Its Itaituba Vanadium Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2019) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or "the Company"), is pleased to report that it has completed an initial four hole (total of 250.65m) 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. Preliminary Davis tube tests run on core samples, selected for a range of magnetic susceptibility values in the host rocks of these titanium-magnetite bodies, produced magnetic concentrate recoveries from 6.6% to 42.6%, with several of these concentrate samples showing vanadium values at 1% V2O5 (maximum of 1.03% V2O5). Lara plans to systematically cut and sample the remainder of the drill core and expects to report full assays, including Davis Tube concentrate assays in Q2-2019.
Feb 04, 2019 08:30 am ET
Definitive Agreement Signed with Capstone Mining for the Planalto Copper Project
Vancouver, British Columbia--(Newsfile Corp. - February 4, 2019) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or "the Company"), is pleased to announce that it has signed the Definitive Agreement ("the Agreement") granting Capstone Mining Corp. ("Capstone"), an exclusive option to earn up to a 70% interest in the Company's Planalto Copper Project ("the Project") in the Carajás Province of northern Brazil. Lara's exploration work over the last 12 months has yielded a series of very promising drill results from the Homestead target, including hole PDH 18-03, which intercepted 130.41 metres between 68.05 metres and 198.46 metres down hole, with an average grade of 0.88% copper and 90ppb gold, or 0.93 % copper equivalent "CuEq", within a wider zone of 284.71 metres from surface averaging 0.48% Cu and 48 ppb Au (see Company news release of June 19, 2018 for details).
Jan 15, 2019 04:30 pm ET
Lara Provides Update for the Maravaia Copper Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - January 15, 2019) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company"), reports that partner Tessarema Resources Inc. ("Tessarema"), 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 Partners UK Ltd., which has provided loans to Tessarema to fund the project development in exchange for an offtake agreement.
Nov 13, 2018 08:30 am ET
Lara Identifies Potential for Disseminated Nickel-Copper-Cobalt Sulphide Mineralization at its Damolândia Project in Goiás State, Central Brazil
Vancouver, British Columbia--(Newsfile Corp. - November 13, 2018) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or "the Company"), is pleased to report that it has recently completed a geological review of its Damolândia project in Goiás State, Central Brazil, which has identified potential for disseminated and stringer-style sulphide nickel-copper-cobalt ("Ni-Cu-Co") mineralization that has either not been, or at best only partially tested by historic drill programs.
Nov 05, 2018 08:30 am ET
Lara Exploration Announces Letter of Intent Signed with Capstone Mining for the Planalto Copper Project
Vancouver, British Columbia--(Newsfile Corp. - November 5, 2018) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or "the Company"), is pleased to announce that it has signed a Letter of Intent ("LOI") granting Capstone Mining Corp. ("Capstone"), an exclusive option to earn up to a 70% interest in the Company's Planalto Copper Project ("the Project") in the Carajás Province of northern Brazil. Lara's exploration work over the last 12 months has yielded a series of very promising drill results from the Homestead target, including hole PDH 18-03, which intercepted 130.41 metres between 68.05 metres and 198.46 metres down hole, with an average grade of 0.88% copper and 90ppb gold, or 0.93 % copper equivalent "CuEq", within a wider zone of 284.71 metres from surface averaging 0.48% Cu and 48 ppb Au (see Company news release of June 19, 2018 for details).
Jun 19, 2018 04:15 pm ET
Lara Intercepts 130.41 Metres Averaging 0.93% Copper Equivalent at the Planalto Copper Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - June 19, 2018) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or "the Company"), 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.
Jun 12, 2018 04:15 pm ET
Lara Channel Samples 4.65% Zinc and 4.86% Lead over 42.6 Metres at its Puituco Project in Central Peru
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2018) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company"), 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 related low-angle mantos that extend into the limestones. The best intervals (see table below) were sampled across Manto-2 where a series of roughly horizontal channel samples PUI-022 to PUI-030 averaged 4.65% zinc, plus 4.86% lead and 37 g/t silver over 42.6 metres; and PUI-031 to PUI-034 averaged 4.73% zinc, 2.6% lead and 16 g/t silver over a thickness of 17.3 metres (slightly oblique to the stratigraphy).
May 23, 2018 08:30 am ET
Lara Exploration Reports Mining License Granted for the Maravaia Copper Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2018) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company"), is pleased to report that Mineração Maravaia Ltda., 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 Inc. ("Tessarema"), which in turn has a loan and offtake agreement with Ocean Partners UK Ltd., to provide US$6.5 million in loans towards project development, construction costs and working capital for Mineração Maravaia and the Maravaia Copper Mine.
Apr 24, 2018 04:15 pm ET
Lara Intercepts Another 114.58 Metres Averaging 0.59% Copper Equivalent at the Planalto Copper Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - April 24, 2018) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or "the Company"), 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 ("m") from surface with an average grade of 0.39% copper and 50 parts per billion ("ppb") gold (0.42 % copper equivalent). Within this wider zone, there is an intercept of 114.58m (between 51.47m and 166.25m down hole) with an average grade of 0.55% copper and 68ppb gold (0.59 % copper equivalent). The second hole, PDH-18-01, which was collared approximately 200m to the south of PDH-18-02, intersected from the surface 51.1m at an average grade of 0.27 % Cu with a higher-grade core zone of oxide mineralization with 10m at 0.71% Cu between 4.2m and 14.2m down hole.
Apr 10, 2018 08:00 am ET
Minera Apumayo Drill Results and Lapse of the Grace Option
Vancouver, British Columbia--(Newsfile Corp. - April 10, 2018) - Lara Exploration Ltd., (TSXV: LRA) ("Lara" or the "Company") is pleased to report that Minera Apumayo S.A.C. ("Apumayo") has completed 88 shallow drill holes on Lara's Grace Gold Project in Southern Peru, 34 of which intercepted anomalous gold mineralization (tabled below), associated with high sulphidation epithermal alteration and brecciation of andesitic volcanics.
Mar 14, 2018 04:15 pm ET
Lara Exploration Announces Issuance of Common Share Stock Grants and Incentive Stock Options
Vancouver, British Columbia--(Newsfile Corp. - March 14, 2018) - Lara Exploration Ltd., (TSXV: LRA) ("Lara" or the "Company") 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 (the "Exchange"), and a further 83,333 shares on each of the first and second anniversaries. The shares will be subject to restrictions on transfer for a period of four months from issuance.
Feb 28, 2018 04:15 pm ET
Lara Reports Drilling Intercepts 117.47 Metres, Averaging 0.57% Copper Equivalent at the Planalto Copper Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2018) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or "the Company"), is pleased to report that its first diamond drill hole at the Planalto Copper Project, DDH-17-01 has intercepted 222.29 metres ("m") from surface with an average grade of 0.38% copper and 39 parts per billion ("ppb") gold (0.41% copper equivalent). Within this wider zone, there is an intercept of 117.47m (between 62.08m and 179.55m down hole) with an average grade of 0.53% copper and 54ppb gold (0.57% copper equivalent). The second hole, DDH-17-02, drilled below DDH-17-01 on the same section, intercepted a lower grade mineralized zone of 101.36m at 0.14%Cu and within this zone the best intersections were 15.00m at 0.32% copper and 4.70m at 0.3% copper.
Nov 21, 2017 04:38 pm ET
Lara Exploration Ltd.: Granting of Incentive Stock Options
Vancouver, British Columbia--(Newsfile Corp. - November 21, 2017) - Lara Exploration Ltd., (TSXV: LRA) ("Lara" or the "Company") 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.
Oct 31, 2017 08:30 am ET
Lara Exploration Ltd.: Scout Drill Program Proposed for the Planalto Copper Project
Vancouver, British Columbia--(Newsfile Corp. - October 31, 2017) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company"), 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.
Jun 28, 2017 04:15 pm ET
Amended Option with Tessarema for the Maravaia Copper Project; Avanco Elects not to Proceed with Planalto Option
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 Carajas Mineral Province of Northern Brazil. This amendment is one of the conditions precedent under off-take and project finance agreements signed between Tessarema and Ocean Partners UK Ltd., to provide US$6.5 million in loans towards project development, construction costs and working capital for Mineracao Maravaia and the Maravaia Copper Mine.
Jun 28, 2017 04:13 pm ET
Amended Option with Tessarema for the Maravaia Copper Project; Avanco Elects not to Proceed with Planalto Option
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...
May 01, 2017 07:30 am ET
Lara Agrees to Option Planalto Copper Project to Avanco Resources
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 Carajas 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 acquire a 75% interest in the Planalto project by making cash payments to Lara and funding exploration and development work as summarized in the following table:
May 01, 2017 07:28 am ET
Lara Agrees to Option Planalto Copper Project to Avanco Resources
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...
Jan 11, 2017 04:15 pm ET
Lara Updates Progress of Permitting and Development Work at the Maravaia Copper Deposit in Northern Brazil
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 Carajas District of Northern Brazil.
Jan 11, 2017 04:13 pm ET
Lara Updates Progress of Permitting and Development Work at the Maravaia Copper Deposit in Northern Brazil
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...
Nov 07, 2016 04:15 pm ET
Lara Exploration Ltd.: Phillips River Assumes Control of the BiFox Phosphate Rock Mining and Processing Operations at Bahia Inglesa in Northern Chile
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 Limited ("Phillips River").
Nov 07, 2016 04:13 pm ET
Lara Exploration Ltd.: Phillips River Assumes Control of the BiFox Phosphate Rock Mining and Processing Operations at Bahia Inglesa in Northern Chile
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...
Oct 24, 2016 04:15 pm ET
Minera Ares Signs Community Agreement for Proposed Drill Program at the Corina Gold Project in Southern Peru
Lara Exploration Ltd. (TSX VENTURE: LRA) ("Lara" or the "Company") is pleased to report that its partner Compania 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 Company's Corina Gold Project.
Oct 24, 2016 04:13 pm ET
Minera Ares Signs Community Agreement for Proposed Drill Program at the Corina Gold Project in Southern Peru
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...
Oct 18, 2016 04:28 pm ET
Lara Reports Progress of Permitting and Development Work at the Maravaia Copper Deposit in Northern Brazil
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...
Oct 18, 2016 04:28 pm ET
Lara Reports Progress of Permitting and Development Work at the Maravaia Copper Deposit in Northern Brazil
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.
Aug 18, 2016 04:05 pm ET
Successful Completion of $3.0 Million Private Placement
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 holder to purchase an additional common share at $1.85 for two years. If, after four months from closing, the closing price of the Company's shares on the TSX Venture Exchange is $2.50 or greater for any period of
Aug 18, 2016 04:05 pm ET
Successful Completion of $3.0 Million Private Placement
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...
Aug 02, 2016 04:15 pm ET
Picha Copper Project Sold to Carajas Copper
Lara Exploration Ltd. (TSX VENTURE: LRA) ("Lara" or the "Company") is pleased to report that its partner Kiwanda Copper LLC ("Kiwanda") and the Carajas Copper Company Limited ("CJC"), have agreed to acquire the Company's Picha Copper Project in southern Peru. Under terms of an existing agreement between Lara and Kiwanda (see Company news release of June 2, 2015 for details), Lara will receive forty million shares of CJC and will remain entitled to a net smelter returns royalty on any future production of 2% for precious metals and 1% for base metals.
Aug 02, 2016 04:13 pm ET
Picha Copper Project Sold to Carajas Copper
Lara Exploration Ltd. (TSX VENTURE:LRA) ("Lara" or the "Company") is pleased to report that its partner Kiwanda Copper LLC ("Kiwanda") and the Carajas Copper Company Limited ("CJC"), have agreed to acquire the Company's Picha Copper Project in...
Jul 11, 2016 07:28 am ET
Lara Exploration Increases Private Placement to $3,000,000
NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES NOR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA (TSX VENTURE:LRA) - Lara Exploration Ltd., ("Lara" or the "Company") has, due to investor demand, increased its private placement to...
Jul 05, 2016 05:03 pm ET
Lara Exploration to Raise Up to $2 Million by Private Placement
NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES NOR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA Lara Exploration Ltd. (TSX VENTURE:LRA), ("Lara" or the "Company") intends to undertake a private placement raising $2,000,000 by the...
Jun 21, 2016 04:10 pm ET
Lara's Grace Option Agreement With Apumayo Extended
Lara Exploration Ltd., ("Lara" or the "Company") (TSX VENTURE: LRA) is pleased to report that it has extended to December 2017 the existing option agreement for the sale of the Company's Grace Gold Project in southern Peru to Minera Apumayo S.A.C. ("Apumayo"). The Grace Project covers Tertiary-age volcanics, cut by brecciated silica bodies and veins with wide quartz-alunite and granular silica halos, indicative of a well-preserved high-sulphidation epithermal system. Surface work has outlined a hydrothermal alteration zone extending over an area approximately 6
Jun 21, 2016 04:08 pm ET
Lara's Grace Option Agreement With Apumayo Extended
Lara Exploration Ltd., ("Lara" or the "Company") (TSX VENTURE:LRA) is pleased to report that it has extended to December 2017 the existing option agreement for the sale of the Company's Grace Gold Project in southern Peru to Minera Apumayo...
Jun 06, 2016 04:10 pm ET
Lara Reports New Exploration Licenses Issued for the Planalto Copper Project in Brazil
Lara Exploration Ltd., ("Lara" or the "Company") (TSX VENTURE: LRA) is pleased to report that new exploration licenses have been issued for the Planalto Copper Project, located near Vale S.A.'s Sossego copper mine, in the Carajas Mineral Province of northern Brazil. The original licenses were cancelled by the Brazilian Department of Mines ("DNPM"), based on perceived deficiencies in the application paperwork, which have been definitively rectified this year under the normal administrative appeals process. The Company originally optioned the property in early
Jun 06, 2016 04:08 pm ET
Lara Reports New Exploration Licenses Issued for the Planalto Copper Project in Brazil
Lara Exploration Ltd., ("Lara" or the "Company") (TSX VENTURE:LRA) is pleased to report that new exploration licenses have been issued for the Planalto Copper Project, located near Vale S.A.'s Sossego copper mine, in the Carajás Mineral...
May 27, 2016 04:15 pm ET
Lara Exploration Ltd.: Corporate Update
(TSX VENTURE: LRA) - Lara Exploration Ltd. ("Lara" or the "Company") is pleased to announce that all matters were successfully passed at its Annual General Meeting held on May 25, 2016. The nominated directors that were elected are Miles Thompson, Adrian Calvert, Christopher Jones, and William Steers.
May 27, 2016 04:13 pm ET
Lara Exploration Ltd.: Corporate Update
(TSX VENTURE:LRA) - Lara Exploration Ltd. ("Lara" or the "Company") is pleased to announce that all matters were successfully passed at its Annual General Meeting held on May 25, 2016. The nominated directors that were elected are Miles...
May 12, 2016 01:42 pm ET
Lara Exploration Announces That the Company has Fully Disclosed All Material News
Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE: LRA) announces, at the request of IIROC, that the Company has fully disclosed all material news regarding the Company and is not aware of any material changes in its business which would account for the increased volume and share price volatility in the trading of the Company's securities.
May 12, 2016 01:42 pm ET
Lara Exploration Announces That the Company has Fully Disclosed All Material News
Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE:LRA) announces, at the request of IIROC, that the Company has fully disclosed all material news regarding the Company and is not aware of any material changes in its business which...
Mar 23, 2016 12:00 pm ET
Lara Signs Option to Acquire Serrita Gold Project in Brazil
Lara Exploration Ltd. (TSX VENTURE: LRA) ("Lara" or the "Company") is pleased to report that it has signed an Option Agreement ("the Agreement") to acquire the Serrita Gold Project in Pernambuco State, northeast Brazil.
Mar 01, 2016 08:00 am ET
Lara Signs Option to Acquire Damolandia Nickel Sulphide Project in Brazil
Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE: LRA) is pleased to report that it has signed an Option Agreement ("the Agreement") with BCV Consultoria e Projetos Ltda. ("BCV"), to acquire the Damolandia Nickel Project in central Brazil.
Feb 29, 2016 08:00 am ET
Lara Reports Progress of Tessarema Earn-In and Development Work at the Maravaia Copper Deposit in Northern Brazil
Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE: LRA) is pleased to report that its has received payment of a further US$500,000 from Tessarema Resources Inc. ("Tessarema"), which has now increased its beneficial interest in the Company's Curionopolis Copper-Gold Project in northern Brazil to 60%. Tessarema can complete its earn-in to 100% by starting commercial production at a rate of not less than 500 tonnes per day and making a final US$750,000 payment to Lara. Thereafter, Lara will retain a net smelter returns royalty of 2%.