Minsur Terminates its Option to Acquire the Lara Copper Project in Peru

Core Points - Minsur S.A. has notified Lara Exploration Ltd. of its intention to terminate the option to acquire the Lara Copper Project, which is 45%-owned by Lara [1] - The Lara Copper Project is located in the Laramate Province of the Ayacucho Department in Peru, featuring a partly defined copper-molybdenum porphyry deposit [2] - The project has undergone 9,850 meters of drilling, outlining a mineralized footprint of 2,000 meters east to west and between 500 meters and 800 meters north to south [2] - Notable drilling results include intercepts of 108 meters at 0.81% Cu and 0.015% Mo, and 218 meters at 0.57% Cu and 0.042% Mo [6] Company Overview - Lara Exploration is an exploration company advancing its 100%-owned Planalto Copper-Gold Project in Brazil, with a detailed open-pitable Mineral Resource [4] - The company follows a Prospect and Royalty Generator business model to minimize shareholder dilution and financial risk, retaining minority interests and/or royalties [4] - Lara holds a diverse portfolio of prospects, deposits, and royalties in Brazil, Peru, and Chile, with its shares trading on the TSX Venture Exchange under the symbol "LRA" [4]