Lara Exploration (TSE:LRA) has released an update.
Lara Exploration Ltd. has successfully regained control of the Curionopolis Iron Project in Brazil after resolving a lawsuit with Vertical Mineração Limitada. The project area encompasses 1,348 hectares of iron formations and was previously optioned to Vertical, who failed to meet payment obligations despite completing various exploratory and study work. Lara, a prospect and royalty generator, continues to manage a portfolio of mining interests across Brazil, Peru, and Chile.
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