Lara Exploration

Lara Exploration is advancing its 100%-owned Planalto Copper-Gold Project in Brazil’s Carajás Province, with an open pittable resource detailed in a NI 43-101 report. The PEA Summary outlines 18 years of mine life producing 560 kt copper and 111 koz gold, with first six years averaging 36 kt Cu and 7.2 koz Au annually. The project features a 2:1 strip ratio, 91% Cu recovery, 28% Cu concentrate, and strong infrastructure. The PEA shows an after-tax NPV of US$378M (8%), IRR of 21%, and US$546M initial capex. Lara follows a Prospect Generator model with assets across Brazil, Peru, and Chile.

Management Profile

Dr. Simon Ingram, President, CEO, & Director

Simon has over 25 years of experience in the resource industry and was the co-founder, President, CEO, and Director of Reservoir Minerals, which was sold to Nevsun for US$512M in 2016. Simon has extensive international corporate and exploration project development experience. Simon holds a Ph.D in mineral resource evaluation.

What is your rationale for taking part in 121 Mining Investment?

Market awareness

What recent news would you like to highlight to investors attending?

PEA Technical Study on Planalto Copper-Gold Project

What are your key goals for the next 3, 6 and 12 months?

3 Months

Continue environmental permitting and provide market awareness for our project

6 Months

Continue environmental permitting and provide market awareness for our project

12 Months

Complete PFS on Planalto and provide market awareness for our project

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

None at this time as we have a copper project in a jurisdiction that is mining friendly

What do you think makes your company such a compelling investment?

Timeline to production, clear permitting pathway, great jurisdiction

What are the top 3 key investor takeaways?

1. Quality asset

2. Great jurisdiction

3. Capable management