Lara Exploration Ltd. provided an update on work at its Kenita Polymetallic Project, located in the Huancavelica Department of Central Peru. The Company's 2022 field programs have substantially expanded the mineralized footprint, along six major breccia veins and five related mantos (mineralized limestone beds) with significant silver, zinc, and lead values. During the most recent mapping program a further 44 channel samples (from 0.5 meters to 5 meters in length) were collected in the central part of the property, with values ranging from less than detection limit of <1 ppm to 287 g/t silver (length weighted average of 46.49 ppm Ag), less than the detection limit of 20 ppm to 16.4% zinc (length weighted average of 4.37% Zn and with one sample assaying over 30 % Zn); and less than detection limit of 20 ppm to 10.1% lead (length weighted average of 2.99% Pb.

Fourteen (14) samples (32% of the total samples) assayed in excess of 50 ppm Ag, 13 samples (29% of the samples) assayed in excess. These veins and mantos are thought to be the upper part of a regional lead-zinc-silver system, with similar values as those reported by Inca Minerals from their Riqueza project located adjacent to the south of Kenita, and at Kuya Silvers Bethania polymetallic deposit located to the northwest. A series of veins were also identified in the western portion of the property where they are hosted by Tertiary-age volcanics along the edge of the Huayta Caldera, which is host to the Bethania deposit.

Sixteen channel samples (from 0. 5 meters to 3 meters in length) were collected In this first pass review of the area, with anomalous lead-zinc-silver values returned in places (maximum of 410 ppm Pb, 2040 ppm Zn and 6 ppm Ag). An additional claim has been registered to cover the western extension of these veins and more system mapping and sampling is planned both here and in the central portion of the property in 2023. A total of 60 channel samples were collected from veins and mantos within the project by Lara's consultant Juan Carlos Fernández and delivered by him and Lara's staff to the ALS Peru SA laboratory in Lima.

These samples were collected manually from channels between 0.5 and 5 meters in length and between 3 and 5 cm depth using a hammer and chisel. The samples were analyzed for base metals and silver by 32 element ICP, with high grade samples for zinc, lead and silver being re-analyzed with a four-acid digest and AAS finish.