VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 18, 2014) - Lara Exploration Ltd. (TSX VENTURE:LRA) ("Lara" or the "Company") is pleased to report that Minera Anaconda Peru S.A., a subsidiary of Antofagasta Minerals S.A. ("Antofagasta"), has begun drill testing of the Company's Sami Gold-Copper Project in southern Peru. Antofagasta completed a 726 metre diamond drill hole to test the Sami East target before suspending [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 11, 2014) - Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE:LRA) is pleased to report advances towards a mining permit for its Curionópolis Iron Project and encouraging results from mineralogical studies on its Itaituba Iron-Titanium-Vanadium Project; both projects are located in Pará State, northern Brazil. Curionópolis Iron Project The Brazilian Department of Mines ("DNPM") has approved the Final Exploration Report ("RFP") for the Curionópolis Iron Project. The report, filed in early 2013, detailed resource calculations and preliminary economic studies for the project. Work now continues on completion of environmental and engineering studies in order to apply f... [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 14, 2014) - Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE:LRA) is pleased to report results of its exploration work at the Canindé Graphite Project in Ceará State, Brazil, conducted on behalf of partner Focus Graphite Inc. ("Focus"). Several new flake graphite occurrences, some with relatively high grades, have been identified and initial trenching programs have been carried out on a number of these, as well as on some of the occurrences identified previously by Lara (see Company news releases of December 05, 2011 and April 11, 2012 for details). The program of shallow trenching into bedrock totalled 538 metres testing 11 target areas. Trench depths depended on the thickness of th... [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 9, 2013) - Lara Exploration Ltd. (TSX VENTURE: LRA), ("Lara" or the "Company") and a wholly owned subsidiary of Antofagasta plc ("Antofagasta"), are pleased to report that permitting has been completed for the first round drill program at the Sami Gold-Copper Project in southern Peru, with an initial 1,000 metre program now scheduled to commence shortly. Authorization has [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 3, 2013) - Lara Exploration Ltd. (TSX VENTURE:LRA) and privately held Kiwanda Mines (NA) LLC of Lake Oswego, Oregon have entered into a letter of intent with Nebo Capital Corp. of Vancouver, British Columbia whereby Nebo will acquire the interests of Lara and Kiwanda in certain coal properties and assets in Colombia. The interests to be sold to Nebo, through the newly [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 25, 2013) - Lara Exploration Ltd., (TSX VENTURE:LRA) ("Lara" or the "Company") operating on behalf of its Andean Phosphate Alliance ("the Alliance"), with the US-based Kiwanda Group LLC ("Kiwanda"), is working to consolidate ownership of the Bahia Inglesa Phosphate Deposit in northern Chile, which was the subject of government funded exploration and a resource study during [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 18, 2013) - Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE:LRA) is pleased to report that its Andean Coal Alliance ("the Alliance") with Kiwanda Mines LLC. ("Kiwanda"), has signed an option to acquire 100% of the rights to the Pelaya Exploration Prospect, in the Cesar Department of northern Colombia, for US$3.8 million, under the following terms: Payment [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 6, 2013) - Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE:LRA) is pleased to report that it has signed a definitive agreement for the previously announced option granted to Apumayo S.A.C. The definitive agreement was signed by Mr. Rafael Neira, the General Manager of Apumayo, a subsidiary of Peruvian gold miner Aruntani S.A.C., to acquire 100% of the Company's [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 15, 2013) - Lara Exploration Ltd. (TSX VENTURE:LRA) is pleased to report that it has executed an Option Agreement with Tessarema Resources Inc., whereby Tessarema can earn a 100% interest in Lara's Curionópolis Copper-Gold Project in Brazil by funding exploration, development of mining operations, making US$2 million in cash payments and granting royalties of between 2-5% to Lara. Under the terms of the Agreement, Tessarema can earn an initial 49% interest by making staged cash payments to Lara totalling US$750,000 (US$250,000 paid to date), completing 2,000 metres of drilling, and delivering a National Instrument 43-101 report confirming a mineral resource which could be economically mined of at least 100,000 ton... [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 7, 2013) - Lara Exploration Ltd. (TSX VENTURE:LRA) is pleased to report additional drilling results from the Liberdade Copper-Gold Project in northern Brazil, received from joint venture partner Codelco do Brasil Mineração Ltda. ("Codelco"). Codelco completed thirteen new drill holes between April and June this year that have extended the mineralized footprint of the Fortuna target to approximately 1,200 by 350 metres and intercepted a new zone of mineralization nearby at Fortuna Sul. Miles Thompson, Chairman and CEO of Lara Exploration commented: "While progress at Liberdade is slower than we'd like due to the current regulatory challenges in Brazil, these new drill results have significantly extended the k... [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 16, 2013) - Lara Exploration Ltd. (TSX VENTURE:LRA) ("Lara" or the "Company") provides an update on some of its joint ventures and property portfolio in Brazil and Peru. A few of the Company's projects have been drill tested over the last 12 months with disappointing results and some of the exploration partners have failed to obtain financing, such that the Company has [...]
