Lara Exploration Ltd. is pleased to report that it has signed a binding letter of intent with a non-reporting Ontario company , to fund further exploration and development of Lara's Itaituba Vanadium Project , located in the Tapajos Mineral Province of northern Brazil. Under the terms of the agreement, Lara will receive staged payments or minimum expenditures totaling US$500,000 in 2025 , US$600,000 in 2026, and
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