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Lara Exploration Ltd.
Summary
| Project: | Planalto | |
|---|---|---|
| Deposit: | Homestead | |
| Location: | Brazil | |
| Commodities: | Copper-Gold | |
| Date: | 7/23/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-7-2019: Lara Exploration Ltd. announces an Exploration/Drilling Update report for its Homestead deposit at the Planalto project. Drilling results incl. 206.00m @ 0.37% Cu, 32ppb Au from 0.00m. July 23, 2019 (TSX Venture: LRA) - Lara Exploration Ltd. (“ | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Michael Bennell (Internal) | |
| ABSTRACT: | July 23, 2019 (TSX Venture: LRA) - Lara Exploration Ltd. (“Lara” or “the Company”), is pleased to report drilling results from the Homestead Target at its Planalto Copper Project (“the Project”), located in the Carajás Mineral Province of northern Brazil. Copper-gold mineralization is now recognised to underlie an area with dimensions of more than 350m north-south and 350m east-west and is open down dip to the west of the drill grid. This recently completed 15-hole diamond drilling program at Homestead (Holes 19-001 to 19-015, for a total of 2,773.55m) comprised primarily infill drilling of the shallower part of the target to fulfill a filing deadline with the National Agency of Mining (ANM). However, a number of the holes also tested north, and south lateral extensions of the significant copper mineralization previously reported from the scout drill program of 2017 and 2018 (see Company releases of April 24, 2018 and June 19, 2018 for details). A further three scout holes (Holes 19-016 to 19-018, for a total of 309.25m) were drilled to test an anomalous copper in soil anomaly just to the south of the main Homestead target, known as the Silica Cap target and likewise returned promising zones of copper mineralization. Results of these 18 drill holes are summarized in the table below. | |
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