Lara Exploration : Jul 18, 2022 Hochschild Relinquishes Option to Buy the Corina Gold-Silver Project in Peru

Intelligent Investment in Exploration and Acquisitions leads to Discovery and Value Creation

Our goal is to grow value per share by building a multi-commodity mineral property and royalties portfolio. Lara is a prospect and royalty generator, dedicated to the identification, acquisition and exploration of precious metal, base metal, industrial metal and other resource opportunities in South America. We currently hold a portfolio of mineral properties located primarily in Brazil and Peru.

The Company's strategy is to:

• Acquire and advance projects through prospecting and early-stage exploration;

• Find Joint Venture partners to fund further exploration and project development;

• Deliver significant share price appreciation through discoveries and royalties.

Lara is building a large multi-commodity portfolio through organic growth and acquisition of new projects and opportunities and expects to be able to continue to add value and projects over time.