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Lara Exploration Ltd.: Letter of Intent Signed for Brazilian Tin Projects
Aug. 29, 2011 10:01AM PST
Industrial MetalsLara Exploration Ltd. (CVE:LRA) reports it has signed a Binding Letter of Intent with Triumph Tin Mining Ltd.
Lara Exploration Ltd. (TSXV:LRA) reports it has signed a Binding Letter of Intent with Triumph Tin Mining Ltd.
The press release is quoted as saying,
Triumph will take over the Company’s option to acquire 100% of the São Lourenço Tin Project and can earn up to a 75% interest in the Company’s 100%-owned tin exploration portfolio, denominated the North Brazilian Tin Project. The Agreement is subject to a 60-day due-diligence period and completion of a Definitive Agreement.
For the complete press release, click here.
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