$0.75

Lara Exploration, Ltd., an exploration stage company, engages in the identification, acquisition, and exploration of gold and base metals in South America with properties in Brazil and Peru. The company's Para Nickel Project project comprises approximately 43,000 hectares of exploration claims; and Campos Verdes project consists of approximately 26,000 hectares of exploration licenses covering part of the Santa Terezinha greenstone belt in Goias State. Its Colorado do Oeste project comprises an option to acquire approximately 20,000 hectares of Guapor%u9827reenstone belt in the southeast of Rond? State. Lara Exploration also holds various claims and licenses covering approximately 400,000 hectares of 14 gold, copper, and nickel properties in Brazil. In addition, the company, through its subsidiary, indirectly owns a 100% interest in 3 mining petitions comprising 1,800 hectares. Lara Exploration was incorporated in 2003 and is headquartered in Vancouver, Canada.