Resource World Magazine

28 www.resourceworld.com J U N E / J U L Y 2 0 1 8 Alpala Maiden Resource of 1.08 Bt @ 0.68% CuEq 430Mt Indicated @ 0.8% CuEq (2.3 Mt Cu, 6.0Moz Au) 650Mt Inferred @ 0.6% CuEq (2.9 Mt Cu, 6.3 Moz Au) High grade core of 70Mt @ 1.8% CuEq Indicated and 50Mt @ 1.8% CuEq Inferred 15% interest in Cascabel Cu-Au project in Ecuador financed through feasibility, plus ~10% shareholding in Cascabel JV partner SolGold Plc (for total ~23% interest in Cascabel) 2 projects under JV, and 3 drill ready projects Strategic Exploration Alliance with Ecuador's State Mining Company, ENAMI EP that intersected 34.2 metres grading 3.24% copper, including 18.5 metres of 4.59% copper (Pilar Deepening Extension). Hole FC5223 returned 43.1 metres grading 1.70% copper, including 19.0 metres of 2.49% copper (Pilar North Extension discovery). Hole FVS-179 intersected 15.8 metres grading 8.84% copper (Vermelhos infill program) and Hole CRN7-09 intersected 23.0 metres of 2.05% oxide copper (2.85% copper total), including 11.0 metres of 3.64% oxide copper (4.42% copper total) (Vermelhos oxide program). Nicola Mining Inc. [NIM-TSXV; HUSIF-OTC] released results of their latest drill hole, as well as a summary of results on its 2017-2018 winter drilling program that focused on extending and defining boundaries on the Craigmont West Zone, previously referred to as the Embayment Zone at the 100%-owned New Craigmont Project, near Merritt, southwest British Columbia. Hole NC-2018-03 highlights: • 100.6 metres of 1.33% copper, including • 40.2 metres of 2.52% copper; and • 15.0 metres of 5.18% copper. The results have improved the geological understanding of the area and continue to establish the width and continuity of the Craigmont West Zone. Previous Craigmont West Zone exploration highlights include: • 71.4 metres of 0.6% copper in hole NC-2018-01, including 16 metres of 1.4% copper; • 32 metres of 0.3% copper from NC-2017-01, including 10 metres of 0.6% copper; • 85.6 metres of 1.1% copper from DDH-THU-002, including 13.8 metres of 2.71% copper. Lara Exploration Ltd. [LRA-TSXV] reported results for a fur - ther two diamond drill holes completed in the first quarter of 2018 at the 100%-optioned Planalto copper project, Carajás Province, northern Brazil. Hole PDH-18-02 intercepted 210.90 metres from surface with an average grade of 0.39% copper and 50 parts per billion (ppb) gold (0.42% copper equivalent – CuEq). Within this wider zone, there is an intercept of 114.58 metres (between 51.47 and 166.25m down hole) averaging 0.55% copper and 68 ppb gold (0.59% CuEq). The second hole, PDH-18-01, col - lared approximately 200 metres south of PDH-18-02, intersected from surface 51.1 metres averaging 0.27% copper with a higher- grade core zone of oxide mineralization with 10 metres of 0.71% copper between 4.2 and 14.2 metres down hole. Miles Thompson, President and CEO of Lara, said, "We are pleased to be able to report another long intercept of copper min- eralization and to confirm the historical drill data for this project. We are also very encouraged to have hit some more massive chal- copyrite in the hole we are drilling currently." Lara can earn a 100% interest in the property by making staged cash payments totaling $500,000. n COPPER

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