Lara Exploration Ltd. , is pleased to report further drilling results for the Homestead target at its Planalto Copper 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 . Another hole drilled to the east of the previously known mineralization intersected a [...]
Lara Exploration Ltd. , is pleased to report that Bifox Ltd. , has advised the Company that it has now completed agreements with the Chilean Government 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. Bifox has also begun the [...]
Lara Exploration Ltd. , is pleased to provide a progress update on its Celesta Copper Project , located near the town of Curionópolis, in the Carajás Mineral Province, Pará State, northern Brazil. Development work in recent months has been focused on dewatering and a cutback of the Osmar pit and stripping to access the mineralized material . This work is expected to be completed by year end in [...]
Lara Exploration Ltd. 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. Miles Thompson, President and CEO of Lara, commented, "Although the board is sorry to be losing Adrian, who leaves us to focus on his various [...]
Lara Exploration Ltd. , is pleased to report that the National Agency of Mining 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. , has a approved a budget to complete geophysical surveys and additional drilling in the coming weeks. The Company plans approximately another 2,000 metres of diamond core [...]
Lara Exploration Ltd. 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 , 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. The Company has a historical [...]
Lara Exploration Ltd. is pleased to report that partner Compañía Minera Ares S.A.C. , 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: Drillhole From To Width Au g/t Ag g/t COR19001 201.55 204.75 3.20 1.13 24.00 [...]
Lara Exploration Ltd. , is pleased to report that it has entered into an Amended Joint Venture Agreement with long-standing partner Tessarema Resources Inc. , and a new local partner North Extração de Minério Ltda. , to consolidate ownership of the Maravaia processing plant and surface rights access agreements , the Curionópolis mineral rights and all other rights to the Maravaia Copper Project [...]
Lara Exploration Ltd. , 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. 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 [...]
Lara Exploration Ltd. , 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 and a royalty of US$2/ton of ore taken from the property. The Cumaru Manganese Project comprises two exploration licenses totalling 8,915 [...]
Lara Exploration Ltd. , 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. The Tocantins Gold Project, which is located near the town of Conceição de Tocantins in Central Brazil, comprises [...]
Lara Exploration Ltd. , is pleased to report drilling results from the Homestead Target at its Planalto Copper 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. This recently completed 15-hole diamond drilling [...]
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