Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE:LRA) is pleased to
report that airborne geophysics has defined twenty-three new targets on its
Canabrava Project in Central Brazil. The targets were defined as having
geophysical responses similar to those of the known volcanogenic massive
sulphide ("VMS") deposits in the belt.


2,870.8 line kilometres of VTEM (helicopter-borne time domain electromagnetic)
geophysics were flown over the belt, covering a 645.6 square kilometre area at a
250 metre line spacing. Of the twenty-three new targets, ten are considered
priority one, five as priority two and eight as third priority. Stream sediment
geochemistry was also completed over the whole belt. Planned follow-up comprises
soil sampling grids, terrestrial geophysical surveys (magnetic and time domain
electromagnetic) and detailed geological mapping over the target areas to define
drill targets.


The Canabrava VMS Project comprises 53,704 hectares of exploration claims and
licenses that cover most of the Proterozoic-age Palmeiropolis
volcano-sedimentary sequence and strike extensions of four
zinc-lead-copper-silver VMS deposits discovered by the CPRM (Brazilian
Geological Survey) in the 1970's (see Lara new release February 26, 2008).


Work at Canabrava is being conducted by Votorantim Metais Zinco S.A.
("Votorantim") under the terms of an option and earn-in agreement signed in May
2008 (see Lara new release of May 20, 2008), whereby Votorantim can earn an
initial 55% interest in the project, by funding $2.5 million of exploration
expenditures over a three year period, with $0.5 million committed in year one
(completed).


Quality Control

Michael Bennell, Lara's Vice President Exploration and a member of the
Australasian Institute of Mining and Metallurgy (AusIMM), is a Qualified Person
as defined by National Instrument 43-101 Standards of Disclosure for Mineral
Projects, and is responsible for the preparation and verification of the
technical information in this release.


About Lara

Lara is a well-funded prospect generator, with a multi-commodity exploration
portfolio in Brazil, Colombia and Peru. Lara's common shares trade on the TSX
Venture Exchange under the symbol "LRA".
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