Lara Exploration Ltd. · TSXV:LRA

Lara Exploration — Investor Presentation (November 2010)

14 slides from Lara Exploration's investor presentation, November 2010

  1. Slide 1: Corporate Presentation November 2010

    TSX.V: LRA c LW) exploration “Creating Value Through Exploration, Acquisitions & Discovery” Corporate Presentation November 2010

  2. Slide 2: Forward Looking Statements

    TSX.V: LRA Forward Looking Statements Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believ

  3. Slide 3: Company Overview

    TSX.V: LRA Company Overview • Prospect generator - joint venture business model reduces dilution: ~25m shares outstanding and ~$5m in liquid assets, fully funded for 2010-11. • Management comprises 7 geologists each with over 20 years experience in South America, plus 7 experienced contract geologis

  4. Slide 4: Highlights First Half - 2010

    TSX.V: LRA Highlights First Half - 2010 • Reorganization and integration of Maxy Gold team and projects. • Successful drill program for iron at Curionópolis (Brazil); cash payments and royalties due from partner Vertical in 2011. • New gold-silver target outlined at Grace (Peru); 2.6km high-sulphida

  5. Slide 5: Diverse Portfolio

    TSX.V: LRA Diverse Portfolio Liquidity Country Projects JV’s Drill 2010 Midu (Au) Event Brazil 12 3 1 Mantaro (P) Peru 13 2 2 Colombia 1 0 0 Lara (Cu) Resource China 2 2 0 Araguaia (Ni) Drilling Curionópolis (Fe) Sergipe (K) Corina (Au) Drill Canabrava (VMS) Sumaq-Sami (Au) Targets Sao Lourenco (Sn)

  6. Slide 6: Joint Venture Terms & Funding

    TSX.V: LRA Joint Venture Terms & Funding Project JV Partner LRA % Notes Curionópolis Iron Vertical Mineração Ltda. Royalty Cash payments of $1.4M, exploration spend of $3M over three Northern Brazil years. $1.5 to $2/ton royalty on iron production. Canabrava Zinc Votorantim Metais 25% Funding $2.5M

  7. Slide 7: Curionópolis IOCG, Brazil

    TSX.V: LRA Curionópolis IOCG, Brazil  New Copper-Gold Targets • Osmar – 2km geochem target with anomalous Cu-Au and artisanal workings. • Chico – 4km geochem target with anomalous Cu-Au and artisanal workings. • Location – the Carajás is a major IOCG district with Cu production from Sossego and sev

  8. Slide 8: Curionópolis Iron Ore JV, Brazil

    TSX.V: LRA Curionópolis Iron Ore JV, Brazil  Potential cashflow in 2011 • Vertical Deal – $1.4m in cash payments, $1.5-$2.0/t royalty. • Iron Formations – extend for over 10km within the property. • Serra Morena Target – 17 diamond drill- holes completed to date. • All intercepted ore-grade iron mi

  9. Slide 9: Adjacent Properties

    TSX.V: LRA Adjacent Properties Surrounded by Majors 9

  10. Slide 10: Corina Gold Project, Peru

    TSX.V: LRA Corina Gold Project, Peru  New JV - Signed May 2010 • Horizonte Deal – $0.7m in cash payments and $8m in exploration expenditures for 80%. • Low Sulphidation Gold – 4.5km long structure with surface samples up to 6.67 g/t Au. • Location - same structural corridor as the Selene, Explorado

  11. Slide 11: Grace Gold Project, Peru

    TSX.V: LRA Grace Gold Project, Peru  New Precious Metals Target • Epithermal – 6km by 1km zone of high sulphidation alteration anomalous in gold and silver. • Location - same structural corridor as the Vicuñita Mine and Apumayo Target. • Follow-up - work planned in H2-2010; looking for a JV partner

  12. Slide 12: Lara Copper Project, Peru

    TSX.V: LRA Lara Copper Project, Peru  Redzone JV signed March 2010 • Redzone Deal – 850,000 Redzone shares and $2.5m exploration for 55%. Bankable Feasibility Study and $1.5m cash for 75%. • Existing Resource – near surface 18.6 Mt at 0.53% Cu in chalcocite blanket on porphyry. • Drill Permitting i

  13. Slide 13: Corporate Summary

    TSX.V: LRA Corporate Summary TSX Venture: LRA Independent Directors: Shares Outstanding: 24.9M Michael Winn Options/Warrants: 1.62M Dr. Wojtek Wodzicki Fully Diluted: 26.5M Mark Monaghan Cash and Securities $4.5M Narinder Nagra Significant Shareholders: Management: Management ~10% Miles Thompson – C

  14. Slide 14: Outlook H2–2010 and Beyond

    TSX.V: LRA Outlook H2–2010 and Beyond • Advance newly identified precious metals targets at Curionópolis in Brazil; Grace, Picha and Nicole in Peru. • Complete permitting to drill Lara (Cu) and Corina (Au) in Peru. • Find partners for the 8 projects that are ready for JV. – Brazil: Curionópolis (Cu-

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