• Water Dish
  • hand holding gold nugget
  • Hills and brush
  • hills
  • Truck on hill

Araguaia Nickel Project

Technical Report AraguaiaThe Araguaia Nickel Project comprises 45,000 hectares of 100%-owned exploration licenses near the important emerging nickel Carajás District, in Pará State, Northern Brazil. Lara holds a significant property position in the Araguaia belt, which has already generated two significant discoveries at Serra da Tapa and Vale dos Sonhos owned by Xstrata.

The regional geology comprises north-south to northwest-southeast oriented Proterozoic mobile belts with metasediments, mafic-ultramafic volcanics and intrusive lithologies. The exploration claims cover a range of targets defined from remote sensing using satellite imagery, airborne geophysics and fieldwork. Nickel mineralization associated with the mafic-ultramafic lithologies of the Quatipuru and Serra da Tapa ophiolites that comprise a package of basalts, talc-schists and serpentinites. The country rocks are predominantly metasedimentary phyllites and slates of the Couto Magalhães Formation, also of Proterozoic age. Both these units are part covered by Cenozoic detritic-lateritic cover.

The target geology is mafic and ultramafic intrusions that are part of the Araguaía Ophiolite Sequence, host to several large nickel deposits in this region. To date 66 diamond drill holes (47 in 2008) and 96 auger drill holes (mostly in 2008) have been completed on the project, defining significant nickel mineralization on two targets, Vila Oito and Floresta. The Vila Oita deposit is 1km by 1.14Km in size and has been diamond drilled on a minimum 200x200m grid spacing (54 holes). The Floresta deposit is 1.2x0.5km in size defined by soil geochem and auger drilling. 

Results of the Vila Oito drilling are summarized in Table 1. Nickel intersections are reported with a minimum of 2 meters width and with a lower cut-off grade of 0.9% nickel.

Table 1 – Vila Oito Diamond Drilling Results

Drill Hole

Target

From (m)

To (m)

Interval (m)

Nickel %

PCA-DD-0419

Vila Oito

8.5

16.5

8.0

1.375

PCA-DD-0420

Vila Oito

7.3

12.43

5.13

1.375

PCA-DD-0421

Vila Oito

No significant results

PCA-DD-0422

Vila Oito

10.50

17.0

6.5

1.894

PCA-DD-0423

Vila Oito

16.00

27.9

11.9

1.069

PCA-DD-0424

Vila Oito

1.00

8.4

7.4

1.378

 

 

13.4

19.0

5.6

1.176

PCA-DD-0425

Vila Oito

No significant results

PCA-DD-0426

Vila Oito

No significant results

PCA-DD-0427

Vila Oito

No significant results

PCA-DD-0428

Vila Oito

1.90

9.77

7.87

1.217

PCA-DD-0429

Vila Oito

4.00

26.3

22.3

1.343

PCA-DD-0430

Vila Oito

21.00

23.2

2.2

1.344

PCA-DD-0434

Vila Oito

No significant results

PCA-DD-0436

Vila Oito

No significant results

PCA-DD-0438

Vila Oito

3.10

11.6

8.5

1.474

PCA-DD-0440

Vila Oito

4.10

11.2

7.1

1.375

PCA-DD-0442

Vila Oito

22.00

28.0

8.0

1.118

PCA-DD-0444

Vila Oito

No significant results

PCA-DD-0446

Vila Oito

0

8.80

8.8

1.25

PCA-DD-0448

Vila Oito

No significant results

PCA-DD-0449

Vila Oito

3.20

6.20

3.0

1.27

PCA-DD-0450

Vila Oito

No significant results

PCA-DD-0451

Vila Oito

14.20

18.40

4.2

0.958

PCA-DD-0452

Vila Oito

No significant results

PCA-DD-0453

Vila Oito

10.0

17.0

7.0

0.944

PCA-DD-0460

Vila Oito

12.05

15.0

2.95

1.281

PCA-DD-0461

Vila Oito

1.11

4.41

3.3

0.948

PCA-DD-0462

Vila Oito

No significant results

PCA-DD-0463

Vila Oito

No significant results

PCA-DD-0464

Vila Oito

No significant results

PCA-DD-0465

Vila Oito

1.6

5.2

3.6

1.07

PCA-DD-0466

Vila Oito

4.1

16.1

12.0

1.25

PCA-DD-0467

Vila Oito

No significant results

PCA-DD-0468

Vila Oito

No significant results

PCA-DD-0469

Vila Oito

No significant results

PCA-DD-0471

Vila Oito

No significant results

PCA-DD-0472

Vila Oito

Hole abandoned and re-drilled

PCA-DD-0472A

Vila Oito

0.00

24.3

24.3

1.241

PCA-DD-0473

Vila Oito

1.00

4.5

3.5

1.192

PCA-DD-0474

Vila Oito

4.10

13.79

9.59

1.227

PCA-DD-0475

Vila Oito

0.00

2.17

2.17

1.006

PCA-DD-0477

Vila Oito

1.7

5.2

3.5

1.192

 

 

7.7

11.0

3.3

1.01

PCA-DD-0445

N. Vila Oito

No significant results

PCA-DD-0447

N. Vila Oito

No significant results

PCA-DD-0485

N. Vila Oito

No significant results

PCA-DD-0486

N. Vila Oito

No significant results


Click on thumbnail to enlarge
Araguaia NickleLandscapeLaterite Discovery Vila Oito
Nickel Rich Core vila Oita

FacebookLinkedInDeliciousLara Exploration Twitter
Home | Corporate | News | Projects | Investors | Values | Contact Us | Site Map
Copyright©2009 Lara Exploration Ltd. All Rights Reserved | Login | Privacy | Terms