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Last C$0.25 CAD
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As of 2:33 PM 07/27/15 All times are local (Market data is delayed by at least 15 minutes).

lara exploration ltd (LRA) Snapshot

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lara exploration ltd (LRA) Details

Lara Exploration Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral exploration properties in South America. The company primarily explores for copper, gold, tin, coal, phosphate, potash, nickel, graphite, and iron deposits. It holds a portfolio of prospects and deposits, including 15 option and joint venture agreements, and 3 strategic alliances in Brazil, Peru, Colombia, and Chile. The company was incorporated in 2003 and is headquartered in Vancouver, Canada.

Founded in 2003

lara exploration ltd (LRA) Top Compensated Officers

Founder, Executive Chairman, Chief Executive ...
Total Annual Compensation: C$120.0K
Chief Financial Officer
Total Annual Compensation: C$34.9K
Vice President of Exploration
Total Annual Compensation: C$156.0K
Compensation as of Fiscal Year 2014.

lara exploration ltd (LRA) Key Developments

Lara Exploration Ltd. Reports Results from A Further Four Diamond Drill Holes Completed by Partner Tessarema Resources Inc

Lara Exploration Ltd. reported results from a further four diamond drill holes completed by partner Tessarema Resources Inc., at the Galpão target within the Curionópolis Copper Project, in Par? State, Brazil, including hole MGFE-02 which intersected 27 metres averaging at 4.37 % copper and 0.40 parts per million gold. The Galpão target is located approximately five hundred metres southeast of the high-grade Osmar target, for which drilling results were released last week. The mineralized intervals have been calculated using a cut-off of 0.3% copper and reporting weighted average gold values within the copper intervals. A maximum of 3 metres of internal waste was incorporated into the mineralized intervals. No top cut was applied to the gold values. All the holes reported here are inclined holes (-60 degrees to the west) and as such cut the steep east-dipping mineralized structure at a slightly oblique angle, so the intervals reported do not necessarily represent true mineralized thicknesses. All four holes at Galpão were drilled on a single drill fence along a strike of 125 metres to test the Galpão mineralized structure between 40 and 70 meters vertical depth below the surface. The target is located along the crest of a north-south-orientated ridge, where artisanal miners have in the past made a number Drilling Intersects 27 metres at 4.37% Copper at Curionopolis in Brazil.

Lara Exploration Ltd. Reports Results from Fourteen Diamond Drill Holes

Lara Exploration Ltd. reported results from fourteen diamond drill holes (total 2,156.9 metres) completed by partner Tessarema Resources Inc., at the Osmar target within the Curionópolis Copper Project, in Pará State, Brazil. Lara previously reported results for a significant drill hole CRCD-06 with strong supergene copper and gold mineralization from this target, with a mineralized interval of 53.8 metres at 9.59 % Cu and 3.3 g/t Au from 90 metres down hole. The results reported here are for drill holes on the same section as CRCD-06 and on cross-sections at a 25 metre and 50 metre spacing both to the north and to the south of the section, in order to define the extensions along the strike trend and down-dip of the supergene mineralization identified previously.

Lara Exploration Ltd. Intersects 13.69 Metres Averaging a Grade of 18.38% Graphitic Carbon from Diamond Core Drilling at the Pedra Preta Target

Lara Exploration Ltd. reported that its partner Paradigm Metals Limited has intersected 13.69 metres averaging a grade of 18.38% graphitic carbon from diamond core drilling at the Pedra Preta target, on the company's Canindé Graphite Project in Ceará State, northeastern Brazil. Paradigm has completed eight shallow drill holes at Pedra Preta (one of twelve targets so far identified on the property), all of which encountered graphitic carbon ("Cg") mineralisation of varying widths and grades. The last drill hole CAN-PP-DDH-08-15 was drilled as a twin hole of CAN-PP-DDH-01-15 to provide material for metallurgical test work; samples from this hole will be submitted to SGS Geosol in Belo Horizonte for metallurgical and industrial testing to determine flake size and distribution. The Canindé Graphite Project comprises 15,614 hectares of exploration licenses accessible on paved highways from the Ceará State Capital, Fortaleza. The high-grade and disseminated flake graphite occurrences are hosted within gently dipping schistose rocks and shear zones developed within a complex of felsic gneisses with local meta-sedimentary schist enclaves.


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