Aires Zinc Project , located approximately 25km northeast of the Company’s Puituco Zinc Project (see
October 15, 2019 (TSX Venture: LRA) - Lara Exploration Ltd. (“Lara” or the “Company”), is pleased to
report results of its mapping and surface sampling program on the Cerro Shacsha Target within the Buenos
Aires Zinc Project , located approximately 25km northeast of the Company’s Puituco Zinc Project (see
Company news release of June 12, 2018 for details), in Central Peru. Rock chip and channel samples have
returned values up to 44% zinc, with twelve samples of the 151 collected returning values over 3% zinc.
The Company has a historical dataset with 20 rock samples and 1,629 soils samples within the Buenos
Aires property. The two follow-up programs have been conducted to date, with 64 rock samples collected
in 2018 and a further 87 rock samples and 37 soil samples in the recently completed program in 2019. The
historical soil samples were collected at 10m intervals on 19 lines, spaced between 200m and 400m apart,
with the anomaly extending continuously for ap proximately 4.7km north south and 1km wide, with zinc
values ranging from 1,015ppm to 24,500ppm. The limited check soil samples collected this year returned
values ranging from 98ppm to >10,000ppm (over limit results pending), confirming the historical anomaly.
The anomalous zinc values are related to altered limestones of the Jumasha formation along a 15-30m wide
high-angle fault zone. The structure is subparallel to the bedding of the limestones and is folded both
laterally and vertically . Alteration comp rises dolomitization, clay alteration and decalcification of the
limestones, with accompanying mineralization comprising sphalerite and zinc silicates. Higher grade
samples relate to narrow feeder zones, with brecciation, iron oxides and silicification that are interpreted as
representing the distal reflection of a carbonate replacement system. The presence of dykes and anomalous
copper and molybdenum values also indicate the possible presence of an intrusive body within the
sequence.
To date the structure and related alteration has been mapped and sampled for approximately 4km along
strike but historical sampling indicates the anomaly remains open and appears to extend for a further 3-4km
within Lara’s licenses. The Company is undertaking additional work both laterally and along strike in the
coming weeks to better assess the extent and nature of the mineralization.
The Buenos Aires Zinc Project comprises two exploration licenses totalling 1,600 hectares in area, located
within the Huasicancha and Chuya communities, in the Huancavelica Region at an elevation of between
4,400m and 4,650m.
Please visit the Projects section of the Company website at www.laraexploration.com to view map and
photographs.
Quality Control and Qualified Person
Lara Outlines Second Zinc Target in Central Peru
TSX-Venture: LRA
Suite 501-543 Granville Street
Vancouver BC, Canada
V6C 1X8
www.laraexploration.com
T: 604.669.8777
F: 604.688.1157
News Release
The samples collected in the recent program were analysed at ALS Peru S.A. in Lima, with the soils sieved
to -75 mesh, pulverised and analysed through a multi -element (ICP-AES) and gold (fire assay). The rock
samples were pulverised run through a multi -element (ICP-MS) analysis and gold fire assay, with higher
grade samples re-run with Aqua Regia digestion. The rock samples from 2018 were analysed at Certimin
S.A. in Lima, with an Aqua Regia digestion and multi-element ICP analysis and fire assayed for gold. Both
laboratories ran blanks and standard reference materials with the field samples.
Michael Bennell, Lara’s Vice President Exploration and a Fellow of the Australasian Institu te of Mining
and Metallurgy (AusIMM), is a Qualified Person as defined by National Instrument 43 -101 Standards of
Disclosure for Mineral Projects and has approved the technical disclosure and verified the technical
information in this news release.
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 exploring them in joint ventures funded
by partners. The Company currently holds a diverse portfolio of prospects and deposits located mostly in
Brazil and Peru. Lara’s common shares trade on the TSX Venture Exchange under the symbol "LRA".
For further information on Lara Exploration Ltd. please consult our website www.laraexploration.com, or
contact Chris MacIntyre, VP Corporate Development, at +1 416 703 0010.
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada
accepts responsibility for the adequacy or accuracy of this release.
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