Lara Samples 2.15% Copper at Sao Juliao, Northeast Brazil

Lara Samples 2.15% Copper at Sao Juliao, Northeast Brazil 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/29/12 -- Lara
Exploration Ltd., ("Lara" or the "Company") (TSX VENTURE:LRA) is
pleased to report that its field review of the newly optioned Sao
Juliao Copper Project in Piaui State, northeast Brazil has returned
values over 1% copper from surface sampling on three target areas. 
Lara's geologists completed field checks and grab sampling on the
Mandacaru, Carnaubinho and Cruz das Almas target areas, all of which
returned values in excess of 1% copper from samples with abundant
malachite. The 21 grab rock samples collected of more obviously
mineralized material and associated wall rocks, returned copper
values ranging from 9 parts per million ("ppm") to 2.15%. Five
orientation soil samples returned values ranging from 29 to 777 ppm
copper. Rock samples from Mandacaru with higher copper values, were
also anomalous in gold, with values ranging from 18 to 162 parts per
billion ("ppb). The copper mineralization encountered is mostly
secondary (the main mineral is the copper carbonate, malachite)
associated with iron oxides, silicification, quartz veining, breccias
and altered granitic intrusives. Results from the samples that
returned over 1% copper are tabulated below: 

Target            Sample ID        Copper (%)  Gold (ppb)
Mandacaru         MAND-NE-R-2            1.83          31
Mandacaru         MAND-NE-R-4            1.96          18
Mandacaru         MAND-R-3               1.82         162
Carnaubinho       CARN-R-02              1.49            
Cruz das Almas    CRUZ-ALM-R-1           1.42            
Cruz das Almas    CRUZ-ALM-R-3           2.15            

The Sao Juliao Copper Project comprises approximately 14,505 hectares
of exploration licenses and claims, located near the towns of Sao
Juliao and Fronterias, approximately 385 kilometres by paved highways
from Teresina, the State Capital. Lara has an option to acquire a
100% interest in the properties (see Company news release of July 22,
2012 for details). The copper-gold mineralization at Sao Juliao has
been interpreted as Iron Oxide Copper Gold ("IOCG") in style,
associated with iron-rich breccias in altered volcanic rocks, related
to rifting and porphyry granite intrusions. 
Quality Control 
Michael Bennell, Lara's Vice President Exploration and a Fellow of
the Australasian Institute of Mining and Metallurgy (AusIMM), is a
Qualified Person as defined by National Instrument 43-101 Standards
of Disclosure for Mineral Projects and is responsible for the
preparation and verification of the technical information in this
About Lara 
Lara is an exploration company following the Prospect Generator
business model, which aims to minimize shareholder dilution and
financial risk by generating prospects and then exploring them in
joint ventures funded by partners. The Company currently holds a
diverse portfolio of prospects and deposits primarily in Brazil and
Peru where it has signed agreements for fifteen joint ventures and
three Strategic Alliances. Lara's common shares trade on the TSX
Venture Exchange under the symbol "LRA".  
For further information on Lara Exploration Ltd. please consult our
Neither the TSX Venture Exchange nor the Investment Industry
Regulatory Organization of Canada accepts responsibility for the
adequacy or accuracy of this release. 
Lara Exploration Ltd.
Chris MacIntyre
VP Corporate Development
+1 416 703 0010
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