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Tag "lara-exploration-ltd"

Lara Exploration Ltd.: Exploration Joint Venture and Portfolio Update 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 07/16/13 — 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 recovered projects that were in joint ventures, some of w

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Lara Agrees Sale of Grace Gold Project to Aruntani S.A.C. 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 07/10/13 — Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE: LRA) is pleased to announce that it has signed a Letter of Intent with Apumayo S.A.C., a subsidiary of Peruvian gold miner Aruntani S.A.C., to acquire 100% of the Company-s Grace Gold Project in southern Peru for US$2 million payable as follows:Lara will also be entitled to Net Smelter Return ("NSR") royalty payments on gold and gold equivalent

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Lara Options Sami Property to Antofagasta 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/26/13 — Lara Exploration Ltd. (TSX VENTURE: LRA) ("Lara" or the "Company") is pleased to report that it has signed an Option and Joint Venture Agreement with Minera Anaconda Peru S.A., a subsidiary of Antofagasta Minerals S.A. ("Antofagasta"), to earn up to a 75% interest in Lara-s Sami Gold-Copper Project in southern Peru.Under the Agreement, Antofagasta has the option to invest US$6 million in exploration over

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Lara Exploration Ltd.: Drilling Restarts at Liberdade in Northern Brazil 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/21/13 — Lara Exploration Ltd., (TSX VENTURE: LRA) ("Lara" or the "Company") is pleased to report that joint venture partner Codelco do Brasil Mineracao Ltda. ("Codelco") has resumed drilling at the Company-s Liberdade Copper Project in the Carajas District of northern Brazil.Codelco has mobilized two rigs to site, a diamond drilling rig that started work in late April and subsequently a reverse circulation rig. T

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Lara Agrees to Terms of Sami Option with Antofagasta 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/20/13 — Lara Exploration Ltd. (TSX VENTURE: LRA) ("Lara" or the "Company") is pleased to report that it has signed a Letter of Intent with Antofagasta Minerals S.A. ("Antofagasta") to enter into an Option and Joint Venture Agreement for the Company-s Sami Project in southern Peru.Under the terms of the Letter of Intent, Antofagasta can invest $6 million in exploration over four years to earn an initial 55% interes

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Lara Exploration Ltd.: Codelco Intercepts 197 Metres at 0.72% Copper Equivalent at Liberdade 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/01/13 — Lara Exploration Ltd. (TSX VENTURE: LRA) is pleased to report results of follow-up drilling at the Liberdade Copper Project in northern Brazil, received from joint venture partner Codelco do Brasil Mineracao Ltda. ("Codelco"). Six diamond drill holes have been completed in follow-up to the discovery hole FTCD-01 (see Lara news release of March 7, 2011 for details). The best sulphide (chalcopyrite) only intercepts are summariz

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Lara Signs Option to Acquire the Planalto Copper Project in Northern Brazil 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/25/13 — Lara Exploration Ltd. (TSX VENTURE: LRA) ("Lara" or the "Company") is pleased to report that it has signed an Option Agreement to acquire the Planalto Copper Project, in the Carajas District of northern Brazil. The project comprises three exploration licenses, totalling 4,726 hectares in area, that lie approximately 10 kilometres to the west of Vale S.A.-s Cristalino deposit. Under the terms of option to acquire the

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Lara to Acquire Shares of Carbhid Coal 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/20/13 — Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE: LRA) is pleased to report that it has agreed to acquire a 13.3% interest in Carbhid S.A.S. ("Carbhid"), a Bogota, Colombia based coal producer. Carbhid holds an operating contract on the 90.58 hectare Escalones Concession in the Boyaca district, where it is developing underground coal mining operations.During 2012 Carbhid completed the El Diaman

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Lara Exploration Ltd.: Conceicao Nickel Drill Results and Amended Agreement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/07/13 — Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE: LRA) has agreed to sell its remaining interest in the Conceicao Nickel Sulphide Project, in northern Brazil to partner Avanco Resources Ltd. ("Avanco"). Under the terms of the new agreement, Avanco will acquire a 100% interest in the project for cash payments of $3 million and a 2% net smelter return royalty as follows:Under the terms of the ori

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Lara Exploration Ltd.: Vertical Files Final Exploration Report for the Curionopolis Iron Project 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/07/13 — Lara Exploration Ltd. (TSX VENTURE: LRA) has been advised by Vertical Mineracao Ltda. ("Vertical") that it has filed a Final Exploration Report with the Brazilian Department of Mines ("DNPM") for the Curionopolis Iron Project in northern Brazil. The report details the exploration work, resource calculations and preliminary economic studies and is the first step in the process for Vertical to apply for a full Mining

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