Minsur Terminates its Option to Acquire the Lara Copper Project in Peru
Minsur Terminates its Option to Acquire the
Lara Copper Project in Peru
Vancouver, British Columbia--(Newsfile Corp. - November 10, 2025) - Lara Exploration Ltd. (TSXV:
LRA) (OTC Pink: LRAXF), ("
Lara
" or the "
Company
") advises that its has been notified by Minsur S.A.
("Minsur") of its intention to relinquish its option to acquire the Company's 45%-owned Lara Copper
Project in southern Peru.
The Lara Copper Project comprises 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 Panamerican Highway. To date 9,850 metres of diamond and
reverse circulation drilling have been completed, outlining a mineralized footprint of 2,000 metres east to
west and between 500 metres and 800 metres north to south.
Lara diamond drilling highlights include:
LA-10-32 which intercepted 108 meters at 0.81% Cu and 0.015% Mo.
LA-10-35 intercepted 218 meters at 0.57% Cu and 0.042% Mo.
Drilling results from the Lara Project were previously disclosed by Lara in news releases dated January
21, 2008, January 31, 2011 and February 28, 2012, which can be found in the News and Projects
sections of the Company website (
www.laraexploration.com
) and filed on SEDAR+ (
www.sedarplus.ca
).
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 has approved the technical disclosure and verified the technical
information in this news release.
About Lara Exploration
Lara is an exploration company, advancing its 100%-owned Planalto Copper-Gold Project in the
Carajás Mineral Province of northern Brazil, with an open pitable Mineral Resource detailed in a NI 43-
101 Technical Report filed on October 17, 2024. Scoping studies completed in 2025 are detailed in NI
43-101 Preliminary Economic Assessment, results of which were published on October 21, 2025. Lara
follows the Prospect and Royalty Generator business model, which aims to minimize shareholder dilution
and financial risk by generating prospects and exploring them in joint ventures funded by partners,
retaining a minority interest and or a royalty. The Company currently holds a diverse portfolio of
prospects, deposits and royalties in Brazil, Peru and Chile. 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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/273911