- Business
- Lara Exploration Ltd. is a Vancouver-based mineral exploration company founded in 2003 and headquartered at Suite 501, 543 Granville Street, Vancouver, British Columbia, Canada, focused on the acquisition, exploration and development of precious metal, base metal, industrial mineral and other resource properties primarily in Brazil and Peru, as well as Chile; its main projects include the 100%-owned Planalto Copper-Gold Project in Brazil's Carajás Mineral Province featuring an open-pit mineral resource outlined in a NI 43-101 Technical Report filed in October 2024 and supported by a Preliminary Economic Assessment announced in October 2025, the Liberdade Copper Project covering 8,491 hectares, Celesta Copper Project with iron oxide copper-gold breccias, Fofoca and Tocantins Gold Projects, Itaituba Vanadium Project, Corina Gold Project spanning 8,300 hectares in Peru, Kenita Polymetallic Project, Lara Copper Project, Alli Allpa Phosphate Project, Picha Copper-Silver Royalty and Bahia Inglesa Phosphate Project in Chile. The company operates as a prospect generator and royalty company, advancing projects through early-stage exploration to attract joint venture partners who fund further development while Lara retains minority interests or royalties. Recent developments include the completion of the acquisition of a 345-hectare exploration license adjacent to the Planalto Copper-Gold Project from Atlantica do Brasil Mineração Limitada on November 28, 2025 for staged payments up to CAD 12 million predominantly tied to exploration success including CAD 375,000 in shares upon TSX Venture Exchange acceptance, the filing of a Preliminary Economic Assessment for Planalto on November 17, 2025, the termination by Minsur S.A. of its option to acquire the Lara Copper Project in Peru announced November 10, 2025 reverting full control to Lara and Golcap Mining Corp.'s issuance of shares in December 2025 related to Lara's Itaituba vanadium-titanium option, underscoring ongoing portfolio expansion and strategic advancements in northern Brazil.