Lara Exploration Ltd.: Agreement Signed on the Picha Copper-Silver Project in Peru

Lara Exploration Ltd. (TSXV:LRA) announced it has signed an agreement for Network Exploration Ltd. to earn a working interest in the Picha project in Peru.

The press release is quoted as saying:

Network can earn an initial 55% working interest the Project (“Option 1″) by issuing 3.5 million units to Lara, with each unit comprising a common share in Network and a common share purchase warrant, with each warrant valid for 2 years and convertible into a Network share at a price of $0.10.

To read the full press release, click here.