Lara Exploration Ltd. · TSXV:LRA
Lara Exploration — Investor Presentation (April 2023)
16 slides from Lara Exploration's investor presentation, Apr 4, 2023
Slide 1: Lara Exploration – Kenita Project
Lara Exploration – Kenita Project Lead-Zinc-Silver veins and mantos
Slide 2: Kenita Project Overview
Kenita Project Overview
Slide 3: Kenita Polymetallic Project
Kenita Polymetallic Project • 2600 hectares concession with polymetallic (Pb-Zn-Ag) veins and mantos, 100%-owned by Exploration Lara Exploration. Opportunity • Two important areas of mineralization, Kenita central and Kenita west. Location and • Located 125 km east (4:30 hours by road) from the city
Slide 4: Kenita Polymetallic Project Long Section - 2018
Kenita Polymetallic Project Long Section - 2018 Manto 3a Manto 3b
Slide 5: Mineral Rights
Mineral Rights • Covers splay structures off the Chonta fault, a major NE- SW structure. • Property adjacent to Inca Minerals Riqueza project to the SE and Kuya Silvers Bethania project to the NW, both of which report similar mineralization styles. • Mining companies exploring in the district includ
Slide 6: Exploration
Exploration Replacement breccia with Pb-Zn galena, sphalerite, anglesite • Five mantos and six polymetallic veins identified during mapping at Kenita central. • Multiple veins with anomalous lead-zinc values identified in the western area of Kenita. • Only 40% of property mapped so far.
Slide 7: District Geology
_ District Geology J exploration Porerall bonne Feomacen Catoreyee ruse oytereassge =a Bee =m romeo corona EGRET] Cx] P| Geo Fermacn Concorange ee Wo exports KENITA PROJECT =e REGIONAL GEOLOGY
Slide 8: Geology
Geology Kenita central Kenita west
Slide 9: Interpreted sections Kenita central
Interpreted sections Kenita central
Slide 10: Mantos Kenita central
Lara Mantos Kenita central J Xploration 453.000 mE 454.000 mE 2 ology Legend Coluvial ( Q-Col) Diorite ‘Sacsaquero Formation ( P-Sa Jumasha Formation (KJ-And) Jumasha Formation (KJ-Lm) Replacement Breccia Ba Quartz -Barite - Calcite Veins ———-Feults Mining Property and Symbols [J Mining Property Ken
Slide 11: Main values in the mantos
Lara Main values in the mantos 9 exploration 1167 4 130,0 84 Lj 17 PUI-023 5 | | 2130 | 208 | 400 _puross | 3 |) 56 |) 05 | 66] Puro24 5 10,30 052 | _3,67 PUI-025 5 26,10 0,59 8,28 1136 4 | 36,00 411 (| 164 PUI-026 5 26,50 1,00 | 8,29 1145 4 2,00 013 LI) 146 PUI-027 5 48,20 05 5,70 PUI-047 5 56,90 1
Slide 12: Veins Kenita Central
Veins Kenita Central 599,000 iN 2.597 000 MIN 8,598. 000 mN 482.000 mE 453,000 mE 456.000 mE oe iy 754.000 ME 455.004 v Nui DOD'S6S 8 NU 000 2658 (> Lara 9 exploration Coluvial ( Q-Col) —__] eo L_| Sacsaquero Formation ( P-Sa Tee] Jumasha Formation (KJ-And) Jumasha Formation (KJ-Lm) [PSG] Replacemen
Slide 13: Main values in the veins
Main values in the veins Rosy Vein Width_m Ag_ppm Pb_% Zn_% 1003 2,00 5 0,30 2,50 Carlos Vein Width_m Ag_ppm Pb_% Zn_% 1169 2 1 842 |__|1,73 1008 15 27 2,1 5,59 Carlos Vein Width_m Ag_ppm Pb_% Zn_% 1169 2 1 842 |__|1,73 1008 15 27 2,1 5,59 San Jose Vein Width_m Ag_ppm Pb_% Zn_% 1165 2,0 3,0 0,52 0,0
Slide 14: Kenita West
ig) }Lara Kenita West D Exploration 449.000 mE 450.000 mE 451,000 mE 482.000 mE Geology Legend Coluvial ( Q-Col) Diorite 8.598.000 mN ‘Sacsaquero Formation ( P-Sa Jumasha Formation (KJ-And) Jumasha Formation (KJ-Lm) | | | cae | Replacement Breccia ‘Quartz -Barite - Calcite Veins ———- Faults Nu 000'2
Slide 15: Kenita West - samples
GLara Kenita West - samples J Exploration Easting | Northing | Elevation |Sample|As_ppm| Ba_ppm |Mn_ppm|Mo_ppm|Pb_ppm|Sb_ppm|Sr_ppm/|V_ppm|Zn_ppm|Au_ppm 449370 | 8597314 4739 1183] <50 1680 |_| 1460 <10 340 <50 140 20 890 <0.01 449400 | 8597294 4745 1184] _<50 9640 |_2780 <10 130 <50 112 30 900 <0.0
Slide 16: QAQC and Qualified Person
QAQC and Qualified Person • QAQC AFC 2018: The 63 rock channel samples were collected by Lara’s consultant AFC Logistics S.A.C. and delivered by them to the ALS Peru S.A. laboratory in Lima. The samples were typically cut over 5m widths (range 0.5m to 7.4m) by hand or by electric jack-hammer, depend
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