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Lara Announces That Drilling Resumes to Test Potential 3km Extension of the Planalto Deposits
Vancouver, British Columbia--(Newsfile Corp. - February 17, 2026) - Lara Exploration Ltd. (TSXV: ...
About this update from Lara Exploration Ltd.
[{"type":"text","content":"Lara Announces That Drilling Resumes to Test Potential 3km Extension of the Planalto DepositsVancouver, British Columbia--(Newsfile Corp. - February 17, 2026) - Lara Exploration Ltd. (TSXV: LRA) (OTC Pink: LRAXF), (\"Lara\" or the \"Company\") is pleased to report that it has received new drilling permits from the Canaã dos Carajás municipal environmental agency for it's Planalto Project and that drilling has resumed on the Silica Cap copper mineralized trend. Initial drill holes will test the strike extension immediately south from the proposed Silica Cap open pit defined in the 2025 Planalto PEA Study1 and then will proceed to test the 3km target trend into the recently acquired adjacent Atlantica mineral license, once drill permits are issued for this mineral license. The aim of this program is to test the entire 3km trend of the mapped strike extension of this Silica Cap mineralized zone, which follows the contact between the volcanics (to the east) and the Planalto granite intrusive (to the west). Drilling will also test other priority soil copper anomaly targets recently located within the volcanic sequence to the east of the Silica Cap trend, that extend for up to 1000m from the granite contact (see Lara news release of 19 January 2026). The Silica Cap resource is a single, moderately east-dipping, copper mineralized zone, located within the mafic-intermediate volcanic sequence within 15m to 25m from the metasomatized granite contact. The copper grade is higher than the average defined in the main Planalto open pit described in the 2025 Planalto PEA Study1. Previous drill hole intersections on the Silica Cap trend include the following holes (see Lara news release of 23 July 2019, 15 November 2020, and 20 April 2023):PLAN 19-018: 15.8 m @ 0.94% Cu (down hole from 32.17 to 48m)PLAN 19-025: 13.1 m @ 0.65% Cu (down hole from 72 to 85.1 m)PLAN 23-017: 15.36 m @ 1.01% Cu (down hole from 141 to 156.36m)One drill rig is currently operating on site, and more will be mobilized as required to complete the planned 3,000m program by the end of April 2026.Michael Bennell, Lara's Vice President Exploration and a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM), is a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects and has approved the technical discl...