Lara Exploration
- Company typePublic
- Founded2006
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
Lara Exploration firmographics
Firmographics- Name
- Lara Exploration
- Legal name
- Lara Exploration Ltd.
- Website
- https://laraexploration.com
- Company type
- Public
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Lara Exploration industry classification
Industry- Product category
- Mineral Exploration Services
- NAICS
- Support Activities for Metal Mining (213114), Metal Ore Mining (2122), Gold Ore and Silver Ore Mining (21222)
- SIC
- Metal Mining (1000), Mineral Royalty Traders (6795)
- akta.pro primary industry
- Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)
- akta.pro secondary industries
- Copper Exploration & Resource Development (IMAKADAA), Precious Metals Exploration & Project Development (IMAKAEAI)
Keywords
Where Lara Exploration is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Lara Exploration business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Others
Revenue model
- Joint Venture Farm-outs: Lara generates revenue by entering into joint venture agreements where partners fund exploration expenditures in exchange for equity interests in projects. Partners pay cash payments and fund exploration programs to earn interests in properties.
- Royalty Interests: The company retains royalty interests (NSR) on properties where partners earn interests, generating future revenue from any production.
- Equity Positions in Partners: As part of transactions, Lara receives equity positions in partner companies (e.g., received shares in Horizonte Minerals, Golcap Resources Corp.)
- Private Placement Proceeds: The company raises equity capital through brokered and non-brokered private placements to fund exploration activities.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Lara Exploration product offering
Product offeringCore offering
Lara Exploration Ltd. is a prospect and royalty generator that identifies, acquires, and advances early-stage mineral exploration projects in South America (primarily Brazil and Peru). The company holds a portfolio of precious metal, base metal, industrial metal, and other resource properties, advancing them through early-stage exploration and securing joint venture partners who fund further development in exchange for project interests. The strategy targets copper, gold, nickel, tin, phosphate, and iron targets, with the Planalto Copper-Gold Project as the flagship asset.
Product overview
Lara Exploration is a prospect and royalty generator focused on mineral property acquisition, exploration, and development in South America. The company holds a portfolio of mineral properties located primarily in Brazil and Peru, including copper-gold projects (Planalto, Curionopolis), tin projects (São Lourenço), and other exploration properties. The company's strategy involves acquiring and advancing projects through early-stage exploration, finding joint venture partners to fund development, and delivering value through discoveries and royalties.
Differentiator
Problem solved
Functional benefit
Products and services
- Planalto Copper-Gold Project
- Picha Copper-Silver Project
Quantifiable outcome
- After-tax NPV of US$378 million with 21% IRR for the flagship Planejamento Copper-Gold Project
- +1 more outcomes
Companies that use Lara Exploration
Customer profileSegments1 record
Ideal customer profiles2 records
Lara Exploration technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Lara Exploration partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor and core.
- Golcap Resources Corp.minorLara acquired 4,000,000 Common Shares of Golcap Resources Corp. at a deemed price of $0.25 per share in connection with a Property Option Agreement. Following closing, Lara holds 12.55% of Golcap's issued and outstanding Common Shares.
- Minsur S.A.minorMinsur S.A. relinquished its option to acquire the Lara Copper Project in southern Peru, which was originally agreed upon in 2020. The project involved copper-molybdenum mineral rights.
- Atlantica do Brasil Mineração Ltda.coreLara signed a purchase and sale agreement to acquire an exploration license adjacent to its Planejamento Copper-Gold Project in Brazil. Agreement includes staged payments based on exploration success, with plans to drill at least 2,000 metres and prepare a technical report by end of 2027. Both parties will receive a net smelter return royalty.
- Halston Exploration Inc. (AXG Mining)minorHalston Exploration Inc. (being acquired by AXG Mining Limited) could earn up to 75% interest in the Condoroma Copper-Gold Project in southern Peru by paying US$1.8 million in cash and shares and investing US$10.5 million in exploration over seven years.
- Horizonte Minerals plcminorHorizonte Minerals acquired Lara's Vila Oito and Floresta nickel laterite projects for 8.5 million shares valued at approximately $2 million. Horizonte is focused on advancing the Araguaia Nickel Project in northern Brazil.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Lara Exploration competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Lara Exploration social profiles
Digital presenceLara Exploration financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lara Exploration leadership team
Management profileNumber of profiles
Profiles4 records
Lara Exploration subsidiaries and ownership
Company hierarchySubsidiaries1 record
Lara Exploration funding detail
Funding detailFunding overview
Funding rounds3 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lara Exploration M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lara Exploration
What does Lara Exploration do?
Lara Exploration Ltd. is a prospect and royalty generator that identifies, acquires, and advances early-stage mineral exploration projects in South America (primarily Brazil and Peru). The company holds a portfolio of precious metal, base metal, industrial metal, and other resource properties, advancing them through early-stage exploration and securing joint venture partners who fund further development in exchange for project interests. The strategy targets copper, gold, nickel, tin, phosphate, and iron targets, with the Planalto Copper-Gold Project as the flagship asset.
Is Lara Exploration a public or private company?
Lara Exploration is a public company. It is classified as public and is currently operating.
When was Lara Exploration founded?
Lara Exploration was founded in 2006. It employs 11 to 50 people.
Where is Lara Exploration based?
Lara Exploration is headquartered in Vancouver, Canada, in the North America region.
How does Lara Exploration make money?
Four revenue lines are on record. Joint Venture Farm-outs are the primary driver. The others are royalty Interests, equity Positions in Partners and private Placement Proceeds.
Does Lara Exploration have an API?
No public API is recorded for Lara Exploration.
What industry is Lara Exploration in?
Lara Exploration's product category is Mineral Exploration Services. Its primary akta.pro industry code is IMAKAKAA, Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling), with a secondary code of IMAKADAA, Copper Exploration & Resource Development. Its NAICS code is 213114 and its SIC code is 1000.