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    Lara Reports Palladium Values From Its Conceicao Nickel Project in Brazil

    Investing News Network
    Feb. 14, 2011 03:22PM PST
    Precious Metals

    Lara Exploration Ltd. (CVE:LRA) reported that its partner, Avanco Resources Ltd. (ASX:AVB), has confirmed anomalous platinum and palladium values in surface sampling conducted on the company’s property in northern Brazil.

    Lara Exploration Ltd. (TSXV:LRA) reported that its partner, Avanco Resources Ltd. (ASX:AVB), has confirmed anomalous platinum and palladium values in surface sampling conducted on the company’s property in northern Brazil.

    The press release is quoted as saying:

    The Company has completed a Definitive Agreement, whereby Avanco may earn a 75% interest in any of the licenses comprising the Conceição License Block by completing surface sampling and 1,500 metres of drilling within one year of the renewal of the exploration licenses.

    To read the full press release, click here.

    braziltsxv:lraasx:avbavanco resourceslara exploration
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