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CANABRAVA - LARA

Cu
3.35
USD/lb
1.48
green
Data as of May 21, 2013 12:00AM UTC
Pb
0.93
USD/lb
1.93
green
Data as of May 21, 2013 12:00AM UTC
Ag
22.28
USD/oz
0.00
red
Data as of May 22, 2013 09:21PM UTC
Zn
0.83
USD/lb
1.48
green
Data as of May 21, 2013 12:00AM UTC


Key Facts
Status: Advanced Exploration
Type of Work: Surface
Location: Tocantins, Brazil
                 

Commodities: Copper, Lead, Silver, Zinc
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Latest Information
October 27, 2010
Lara Exploration Ltd., reported that it has agreed with Votorantim Metais Zinco S.A. to extend by one year, to May 16, 2012, the Votorantim Metais option to earn an initial 55% interest in the Company’s Canabrava VMS Project in Brazil. Votorantim may raise its interest to 75% by funding Lara’s equity cost of the mine development, on terms substantially the same as those of the debt financing.
February 24, 2009
Reported that airborne geophysics has defined twenty-three targets. Of the twenty-three targets, ten are considered priority one, five as priority two and eight as third priority. Stream sediment geochemistry was also completed over the whole belt.
September 30, 2008
Completed a helicopter-borne electromagnetic survey and initiated a surface geochemical sampling program to define targets for drilling

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