VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/21/13 -- Lara Exploration Ltd., (TSX VENTURE: LRA) ("Lara" or the "Company") is pleased to report that joint venture partner Codelco do Brasil Mineracao Ltda. ("Codelco") has resumed drilling at the Company's Liberdade Copper Project in the Carajas District of northern Brazil.
Codelco has mobilized two rigs to site, a diamond drilling rig that started work in late [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/20/13 -- Lara Exploration Ltd. (TSX VENTURE: LRA) ("Lara" or the "Company") is pleased to report that it has signed a Letter of Intent with Antofagasta Minerals S.A. ("Antofagasta") to enter into an Option and Joint Venture Agreement for the Company's Sami Project in southern Peru.
Under the terms of the Letter of Intent, Antofagasta can invest $6 million in exploration [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/01/13 -- Lara Exploration Ltd. (TSX VENTURE: LRA) is pleased to report results of follow-up drilling at the Liberdade Copper Project in northern Brazil, received from joint venture partner Codelco do Brasil Mineracao Ltda. ("Codelco"). Six diamond drill holes have been completed in follow-up to the discovery hole FTCD-01 (see Lara news release of March 7, 2011 for [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/25/13 -- Lara Exploration Ltd. (TSX VENTURE: LRA) ("Lara" or the "Company") is pleased to report that it has signed an Option Agreement to acquire the Planalto Copper Project, in the Carajas District of northern Brazil. The project comprises three exploration licenses, totalling 4,726 hectares in area, that lie approximately 10 kilometres to the west of Vale S.A.'s [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/20/13 -- Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE: LRA) is pleased to report that it has agreed to acquire a 13.3% interest in Carbhid S.A.S. ("Carbhid"), a Bogota, Colombia based coal producer. Carbhid holds an operating contract on the 90.58 hectare Escalones Concession in the Boyaca district, where it is developing underground coal mining [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/07/13 -- Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE: LRA) has agreed to sell its remaining interest in the Conceicao Nickel Sulphide Project, in northern Brazil to partner Avanco Resources Ltd. ("Avanco"). Under the terms of the new agreement, Avanco will acquire a 100% interest in the project for cash payments of $3 million and a 2% net smelter return [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/07/13 -- Lara Exploration Ltd. (TSX VENTURE: LRA) has been advised by Vertical Mineracao Ltda. ("Vertical") that it has filed a Final Exploration Report with the Brazilian Department of Mines ("DNPM") for the Curionopolis Iron Project in northern Brazil. The report details the exploration work, resource calculations and preliminary economic studies and is the first step [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/06/13 -- Lara Exploration Ltd. (TSX VENTURE: LRA) is pleased to report that on behalf of partner Network Exploration Ltd. ("Network"), it has secured authorization from the General Mining Directorate of the Ministry of Energy and Mines of Peru, to undertake a drilling campaign on the Picha copper-silver porphyry project. This is one of the first drill permits to be [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/04/13 -- Lara Exploration Ltd., (TSX VENTURE: LRA) ("Lara" or the "Company") has been advised by partner Malbex Resources Inc. ("Malbex"), that it is relinquishing its option to earn up to a 75% interest in the Company's Grace Project in the Ayacucho Region of southern Peru.
The Grace Project covers Tertiary-age volcaniclastics, cut by brecciated silica bodies and veins [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/21/13 -- Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE: LRA) is pleased to report that it has secured renewals for the Exploration Licenses comprising its Sergipe Potash Project in northeast Brazil. Under the terms of the Option Agreement (the "Agreement") signed with Aguia Resources Ltd. ("Aguia") on May 31, 2012, the renewal of these licenses triggers [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/14/13 -- Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE: LRA) is pleased to report that it has signed a Definitive Agreement ("the Agreement") with Focus Graphite Inc. ("Focus"), whereby Focus can earn up to a 60% interest in Lara's Caninde Graphite Project ("the Project") in Ceara State, northeast Brazil.
Focus can earn an initial 51% interest in the [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/14/12 -- Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE: LRA) is pleased to announce that it has signed a Letter of Intent to acquire 6,090 hectares of mining licenses and that it has also claimed in its own right a further 6,200 hectares of exploration licenses, covering known sedimentary phosphate deposits in the Bahia Inglesa district of Chile, on behalf [...]