Lara Exploration Ltd.

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 [...]

Lara Exploration Ltd. , 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. Lara and Capstone have amended the Planalto Option [...]

Lara Exploration Ltd. , is pleased to announce the appointment of Mr. Bill Tsang as Chief Financial Officer effective immediately. Mr. Tsang is a Chartered Professional Accountant with a Bachelor of Commerce from the University of British Columbia, with more than 15 years of financial accounting and auditing experience in the mineral exploration and mining industry. He has worked in public practice providing professional [...]

Lara Exploration Ltd. , is pleased to report that its partner Capstone Copper Corp. 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 [...]

Lara Exploration Ltd. , 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 [...]

Lara Exploration Ltd. , 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. Drilling on the [...]

Lara Exploration Ltd. , has been formally notified, by partner Hochschild Mining plc., that it is relinquishing its option to purchase the Corina gold-silver discovery. Lara and Hochschild intend to complete the hand-over process by early August, with Hochschild remaining responsible for the environmental restitution from its 2020-21 drilling program. Once in possession of the drill core, Lara plans to review all the [...]

I have acquired ownership of 461,538 common shares and warrants to purchase an additional 230,769 common shares of Lara Exploration Ltd. of Vancouver, BC. The common shares and warrants were acquired pursuant to Lara's private placement of 6,153,846 units at a price of $0.65 per unit. Immediately prior to the acquisition, I owned and had control and direction over 4,056,833 common shares and stock options to purchase an [...]

Lara Exploration Ltd. 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 [...]

Lara Exploration Ltd. 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 [...]