Authority Granted to Lara Exploration to Begin Drilling at Picha Project

Lara Exploration Ltd. (TSXV:LRA) announced that it has received authority from the General Mining Directorate of the Ministry of Energy and Mines of Peru, to commence drilling at the Picha copper-silver porphyry project.

As quoted in the press release:

Network has identified seven priority exploration targets at Picha, based on geochemical and geophysical data, five closely associated with significant Induced Polarization geophysical anomalies and two based primarily on geochemistry. The planned drilling program will comprise approximately seven holes to test these targets (for a total of approximately 1,500 metres), to be mobilized as soon as is feasible after the end of rainy season. Given the time it has taken to secure permission to drill, the Company has agreed to extend Network’s initial option period to June 6, 2013.

To view the whole press release, click here.