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Lara Exploration Ltd.
Summary
| Project: | Planalto | |
|---|---|---|
| Deposit: | Homestead | |
| Location: | Brazil | |
| Commodities: | Copper-Gold | |
| Date: | 4/20/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-4-2020: Lara Exploration Ltd. announces an Exploration/Drilling Update report for its Homestead deposit at the Planalto project. Drilling results incl. 278.4m @ 0.25% Cu, 0.037g/t Au from 213.45m. April 20, 2020 (TSX Venture: LRA) - Lara Exploration Lt | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Michael Bennell (Internal) | |
| ABSTRACT: | April 20, 2020 (TSX Venture: LRA) - Lara Exploration Ltd. (“Lara” or “the Company”), is pleased to report further drilling results for the Homestead target at its Planalto Copper Project (“the Project”) in the Carajás Mineral Province of northern Brazil. Extensions of the copper-gold mineralization have been intersected to the west and northwest of the mineralized zone outlined by the drill campaign of mid-2019 (see Company news release of July 23, 2019 for details). Another hole drilled to the east of the previously known mineralization intersected a new zone of blind copper-gold mineralization at a depth of approximately 200m below the surface. Two further holes in the Silica Cap target, at the southern end of Homestead, both intersected anomalous copper mineralization close to the granite-mafic volcanic contact similar to that seen in the previous drilling. The recently completed diamond drilling program at Homestead (Holes 19-019A to 19-028 for a total of 2,591.45m) comprised a set of holes (19-019A, 19-019B, 19-020, 19-021, 19-023, 19-024, 19-026 and 19- 027) to test the continuity of copper mineralization down the dip to the west of the mineralized zone outlined in the drill program of mid-2019. | |
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