Lara Exploration Ltd.

Lara Exploration Ltd. 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 on the two northern licenses, defining mineral resources to Brazilian standards for the Cupuzeiro [...]

Lara Exploration Ltd. 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. Miles Thompson commented: "On behalf of us all at Lara, I'd like to welcome Simon to the team, we very much look forward to working with him again. The Planalto Copper-Gold discovery in the Carajás of Brazil is now back 100%-owned, and we see [...]

Lara Exploration Ltd. is pleased to report the final results of the recently completed 9,100m diamond drill program at the Planalto Copper Project. A significant new zone of shallow copper mineralization was identified in the northern extension of the Cupuzeiro target where drill hole 23-018 intersected 21.49m @ 0.583% Cu from 43.51m down hole. This hole is located approximately 500m to the north of the near surface [...]

Lara Exploration Ltd. 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 [...]

Lara Exploration Ltd. 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 between the Homestead and Cupuzeiro copper targets on the Planalto project in northern Brazil. To date six of the holes have been completed on two east-west orientated drill fences, 100m apart, across this east-west trending gap zone. Chalcopyrite [...]

Lara Exploration Ltd. 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 . These new results summarized in Table 1 [...]

Lara Exploration Ltd. 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 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 . Most of this drilling will be large diameter HQ core to provide [...]

Lara Exploration Ltd. , is pleased to announce that the Company's board of directors has approved the adoption of a Performance Bonus Compensation 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. Performance Bonus Compensation Plan The purpose of the Bonus Plan is to [...]

Lara Exploration Ltd. 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. The Picha mineral rights are held by Australian-listed explorer Valor Resources , which has been actively exploring the property [...]

Lara Exploration Ltd. 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 with significant silver, zinc, and lead values. During the most recent mapping program a further 44 channel samples were [...]