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Lara Exploration Ltd. is a Canadian-registered company which trades on the TSX Venture Exchange under the symbol “LRA”. Lara is a well funded exploration company following the prospect generator business model which aims to minimize shareholder dilution and financial risk by developing projects in joint ventures with partners who earn into projects in return for equity at the asset level.
Lara recognizes that exploration is inherently risky and seeks to mitigate that risk by developing a portfolio of exploration projects in different commodities and in different jurisdictions. The Company’s current geographic footprint is South America. Lara enters into partnerships to advance exploration projects and to share risk, while maintaining the opportunity to benefit from transformational discoveries and mining developments.
Intelligent Investment in Exploration and Acquisitions leads to Discovery and Value Creation
Our goal is to grow value per share by building a multi-commodity mineral property and royalties portfolio. Lara is a prospect and royalty generator, dedicated to the identification, acquisition and exploration of precious metal, base metal, industrial metal and other resource opportunities in South America. We currently hold a portfolio of mineral properties located primarily in Brazil and Peru.
The Company’s strategy is to:
- Acquire and advance projects through prospecting and early-stage exploration;
- Find Joint Venture partners to fund further exploration and project development;
- Deliver significant share price appreciation through discoveries and royalties.
Lara is building a large multi-commodity portfolio through organic growth and acquisition of new projects and opportunities and expects to be able to continue to add value and projects over time.