Lara Exploration Ltd. announced that its has been notified by Minsur S.A. 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.
