reports
Lara Announces Board and Management Changes
Vancouver, British Columbia--(Newsfile Corp. - January 8, 2024) - Lara Exploration Ltd. (TSXV: LRA) ("Lara") 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 a great opportunity to create value for shareholders by moving it through the next devel...
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GoldMining Inc. - Mergers & Acquisitions (M&A), Partnerships & Allianc...
Summary Marketline's GoldMining Inc. Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by GoldMining Inc. - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments rep...
Lara to Acquire a 70% Interest in the Mantaro Phosphate Project in Per...
Vancouver, British Columbia--(Newsfile Corp. - May 4, 2022) - Lara Exploration Ltd. (TSXV: LRA) is pleased to report that it has signed an agreement to increase its interest in the Mantaro Phosphate Project from 33.33% to 70% by investing US$500,000 by the end of 2025. Lara's priority is to inform the surrounding communities of the benefits of this non-metallic mining project to produce phosphate rock, a natural product used for organic farming, which can benefit the community financially and help improve its farming yields. The Mantaro Project hosts a sedimentary phosphate deposit, where p...
Option Payment Received from Minsur for the Lara Copper Project in Per...
Vancouver, British Columbia--(Newsfile Corp. - August 3, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), is pleased to report the planned start of field work and receipt of the second option payment from Minsur S.A. ("Minsur") of US$200,000 as part of an Option and Royalty Agreement ("the Agreement") for the Lara Copper Project signed in July 2020.The Lara Copper Project comprises of mineral rights covering a partly defined copper-molybdenum porphyry deposit, located in the Laramate Province of the Ayacucho Department, approximately 40km inland from the town of Palpa on the Pan American Hi...
Lara Exploration Announces Positive Preliminary Metallurgical Test Wor...
Vancouver, British Columbia--(Newsfile Corp. - April 28, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), is pleased to report on preliminary metallurgical test work carried out by Blue Coast Research Ltd ("Blue Coast") of Parksville, British Columbia, Canada, on composite samples from across and down through the copper mineralized zone at the Homestead target of the Company's Planalto Copper Project, located in the Carajás region of northern Brazil. The key results are:Flotation rougher and cleaner test work has shown that it is possible to achieve a commercial quality copper concentrate, ...
Hochschild Intercepts 1.6m Averaging 6g/t Gold and 39g/t Silver at the...
Vancouver, British Columbia--(Newsfile Corp. - April 27, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), is pleased to report the receipt of additional drill results from partner Hochschild Mining plc., for Lara's Corina Gold Project in southern Peru. Hochschild reported completion of 2,095 metres of diamond drilling in Q1-2021, with a further 2,000m planned for Q2. Significantly mineralized intercepts have been released for two of the holes from the Q1-2021 drilling, which are summarized in the table below: Drillhole ID UTM-E UTM-N From (m) To (m) Width (m) Gold (...
Lara Exploration Ltd: Diamond Drilling Identifies More Extensive Vanad...
Vancouver, British Columbia--(Newsfile Corp. - April 12, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or "the Company"), is pleased to report that it has completed a reappraisal of the diamond drilling and ground magnetometer survey results for its Itaítuba vanadium project, in the Tapajós region of northern Brazil. Project work initially focused on vanadium-bearing magnetite bodies, but the recent work has shown that the host gabbros also contain disseminated vanadium-bearing magnetite that can be concentrated to enrich the vanadium grade. Surface mapping and the magnetic survey show the...
Lara Exploration - Geophysical Surveys Completed and Step-out Drilling...
Vancouver, British Columbia--(Newsfile Corp. - March 22, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), is pleased to report that it has completed a further 18 line kilometers of Induced Potential (IP) chargeability and resistivity surveys at its Planalto copper property in the Carajás region of northern Brazil. The survey, together with additional field mapping and surface sampling, indicates potential extensions to the Homestead mineralization within Lara's existing property and to the north into the newly optioned Zaspir and Tariana properties. A diamond drilling program of initially 4...
Lara Exploration - Property Option Further Extends Strike Potential of...
Vancouver, British Columbia--(Newsfile Corp. - March 15, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or "the Company"), is pleased to report that it has signed an option agreement with Mineração Zaspir Ltda. ("Zaspir"), to acquire an exploration claim adjacent to the Company's Planalto Copper Project in the Carajás Mineral Province of northern Brazil. The claim is being acquired by Lara's subsidiary Planalto Mineração Ltda. ("Planalto"), and will form part of the company's staged earn-in agreement with Capstone Mining Corp.The Zaspir claim is 336 hectares in area, covering a strip of gro...
Lara Exploration Ltd. - Drilling Outlines Osmar-2 Mineralization at th...
Vancouver, British Columbia--(Newsfile Corp. - February 8, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company") is pleased to report drilling results and provide an update on development work on the Osmar-2 target at the Celesta Copper Mine in northern Brazil. Work began to open up a second mining front at Osmar-2 in December 2020, with production in the coming months derived exclusively of sulphide material from this new pit, while a cut-back is being completed to access deeper material in the Osmar-1 pit. Development of the Osmar-2 pit is based on mineralization indicated by ...
Hochschild Intercepts 31.55m averaging 4.9g/t Gold and 43g/t Silver at...
Vancouver, British Columbia--(Newsfile Corp. - February 2, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), is pleased to report the receipt of additional drill results from partner Hochschild Mining plc., for Lara's Corina Gold Project in southern Peru. Hochschild completed a further 2,318 metres of resource drilling in Q4-2020 on the Corina structure, in follow-up to the discovery drilling completed in 2019 (see Company news release of October 1, 2019 for details). Drilling continues with resource and exploration drilling in the Corina and associated structures to the northeast of the sys...
Lara Proposes to Extend the Expiry Date of Warrants
Vancouver, British Columbia--(Newsfile Corp. - January 27, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), proposes to extend the expiry date of 2,000,000 common share purchase warrants (the "Warrants") that were issued pursuant to the Company's March 26, 2019 private placement. The Warrants are exercisable into common shares of the Company at an exercise price of $0.70 per common share and due to expire on March 26, 2021. The Company will seek acceptance from the TSX Venture Exchange to extend the term of the Warrants for an additional twelve months to March 26, 2022. All other terms of t...
Lara Exploration Ltd: Production Update for the Celesta Copper Mine in...
Vancouver, British Columbia--(Newsfile Corp. - January 26, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company"), is pleased to report that during the ramp-up phase between July and December 2020 the Celesta Copper Mine shipped 1,195 dry metric tonnes of concentrate, containing 457 tonnes of copper metal and 1,286 ounces of gold. The plant has so far achieved a maximum processing rate of 350 tonnes per day, below the targeted 500 tonnes per day commercial production as defined in the contract with Lara. Concentrate production has also been impacted by lower than projected recover...
Lara Exploration Ltd.: Hochschild Reports Drilling Results from Lara's...
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2021) - Lara Exploration Ltd., (TSXV: LRA) is pleased to report that London-listed miner, Hochschild Mining plc., has included new drill results from Lara's Corina Gold Project in its Q4-2020 Production Report that was released this morning. Lara has requested a copy of the data and will report a full set of results as soon as possible.Hochschild has the option to purchase the Corina Project from Lara by making staged cash payments totalling US$4,150,000 of which US$650,000 has been paid to date. Hochschild also has the obligation to p...
Lara Exploration Ltd - Property Option Extends Strike Potential of the...
Vancouver, British Columbia--(Newsfile Corp. - January 11, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or "the Company"), is pleased to report that it has signed an option agreement with Mineração Tariana Ltda. ("Tariana"), a subsidiary of Anglo American do Brasil Ltda., to acquire an exploration licence adjacent to the Company's Planalto Copper Project ("the Project") in the Carajás Mineral Province of northern Brazil. The license is being acquired by Lara's subsidiary Planalto Mineração Ltda. ("Planalto"), and will form part of the company's staged earn-in agreement with Capstone Minin...
Lara Exploration Ltd: Grant of Incentive Stock Options
Vancouver, British Columbia--(Newsfile Corp. - September 1, 2020) - Lara Exploration Ltd., (TSXV: LRA) ("Lara" or the "Company") announces that pursuant to the Company's stock option plan, 1,565,000 incentive stock options exercisable at $0.76 per share for a period of five years have been granted to directors, officers, management company employees and consultants of the Company.About LaraLara is an exploration company following the Prospect and Royalty Generator business model, which aims to minimize shareholder dilution and financial risk by generating prospects and exploring them in joint...
Lara Exploration Ltd: Update for the Bifox Phosphate Project in Chile
Vancouver, British Columbia--(Newsfile Corp. - September 1, 2020) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company"), is pleased to provide an update on permitting and report the restart of production at the Bifox Phosphate Project, located near the town of Copiapó, in Atacama desert of northern Chile. Since settling environmental infractions and fines, inherited from the vendors, at the start of 2020 (see Company news release of Feb 7, 2020), Bifox Ltd. ("Bifox"), has been working to reinstate its permits and resume operations. Production was delayed due to the Covid-19 restriction...
Lara Exploration Ltd. - Royalty Deal Completed for the Fofoca South Go...
Vancouver, British Columbia--(Newsfile Corp. - August 25, 2020) - Lara Exploration Ltd., (TSXV: LRA) ("Lara" or the "Company") is pleased to report that it has completed an agreement to sell its Fofoca South Gold Prospect, in the Tapajos Region of northern Brazil, to London-listed Serabi Gold plc. ("Serabi"), for US$100,000 in cash and a 2% Net Smelter Return Royalty ("NSR"). Fofoca South is close to and partially adjacent to the main block of tenements held by Serabi in the Tapajos Region and 4 km to the northwest of Serabi's São Chico underground gold mine.The Fofoca South property compris...
Option and Royalty Agreement Signed for Minsur to Acquire the Lara Pro...
Vancouver, British Columbia--(Newsfile Corp. - July 28, 2020) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company"), is pleased to report that it has, with partner Global Battery Metals Ltd. ("GBM"), signed an Option and Royalty Agreement ("the Agreement") for the sale of the Lara Copper Project for US$5.75 million and a 1.5% NSR royalty to Minsur S.A. ("Minsur"). Minsur is a Peruvian tin and gold miner that is in the late stages of building the US$1.6 billion capex Mina Justa open pit copper mine near Marcona, in the same district as the Lara project.The Lara Copper Project comprises...
Lara Reports First Production at the Celesta Copper Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - July 27, 2020) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company"), is pleased to report that mining and processing has started at its Celesta Copper Project, located near the town of Curionópolis, in the Carajás Mineral Province, Pará State, northern Brazil, with first concentrates due to be shipped in early August. Lara owns a 2% net smelter returns royalty on the project and a 5% carried (to production) equity interest in the operating company Celesta Mineração S.A. ("Celesta"), which is jointly operated by partners Tessarema Resou...
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