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Lara Reports Further Wide Intercepts in the Cupuzeiro and Homestead Targets and a Significant High-Grade Intercept at the Silica Cap Target
Vancouver, British Columbia--(Newsfile Corp. - November 15, 2023) - Lara Exploration Ltd. (TSXV: ...
About this update from Lara Exploration Ltd.
[{"type":"text","content":"Lara Reports Further Wide Intercepts in the Cupuzeiro and Homestead Targets and a Significant High-Grade Intercept at the Silica Cap TargetVancouver, British Columbia--(Newsfile Corp. - November 15, 2023) - Lara Exploration Ltd. (TSXV: LRA) (\"Lara\") is pleased to report the final results of the recently completed 9,100m diamond drill program at the Planalto Copper Project.A significant new zone of shallow copper mineralization was identified in the northern extension of the Cupuzeiro target where drill hole 23-018 intersected 21.49m @ 0.583% Cu from 43.51m down hole. This hole is located approximately 500m to the north of the near surface Cupuzeiro high-grade copper zone. Deeper copper intersections in this same area of the Cupuzeiro target were identified in holes 23-016 (16.3m @ 0.55%Cu from 310.7m down hole) and in hole 23-021 (28m @ 0.358%Cu from 246m down hole).Significant new intersections in the east and north of the Homestead target include holes 23-013 (with 54.52m @ 0.529%Cu from 311m down hole) and 23-020 (with 24.8m @ 0.641%Cu from 88m down hole). At the Silica Cap target, hole 23-017 made a significant high-grade intersection of 15.36m @ 1.014%Cu from 141m down hole. This intercept is located between two previously recorded high grade copper intersections (19-018: 15.8m @ 0.94%Cu and 19-025: 13.1m @ 0.65%Cu) and indicates that the copper mineralization in the mafic volcanics close to the granite contact in the Silica Cap target may be more widespread than previously interpreted. The results for the first part of this program were reported on October 4, 2023. The new results include assays for five holes in the northern extension of the Cupuzeiro target (holes 23-016, 23-018, 23-019-, 23-021 and 23-022), five holes (23-011, 23-013, 23-014, 23-015 and 23-020) in the north, east and west parts of the Homestead target and two holes (23-017 and 23-023) in the Silica Cap target. Significant drill intersections for all the holes are reported in Table 1.Table 1: Composite copper and gold analyses for the Q2-23 to Q3-23 drilling on the Cupuzeiro, Homestead and Silica Cap targets of the Planalto Copper Project, Para, Brazil.Drillhole Cut off (%)From (m)To (m)Width (m)Cu (%)Au (ppm)Cu Eq (%)23-0110.1923140.18223-0130.12354111760.352Including0.3251.527624.50.4340.0330.459and0.3291303.0212.020.3970.0290.419and0.3311365.5254.52...