Lara Tier Reclassification

(TSX Venture: LRA) - Lara Exploration Ltd. (“Lara” or “the Company”) is pleased to announce that it has received confirmation from the TSX Venture Exchange that the Company has met the requirements for a Tier 1 Mining Issuer. Effective today, the Company’s classification has changed from Tier 2 to Tier 1.

About Lara

Lara is a well-funded prospect generator with a multi-commodity exploration portfolio focused on Brazil but with significant holdings in Colombia and Peru. Lara’s common shares trade on the TSX Venture Exchange under the symbol "LRA".

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For further information on Lara Exploration Ltd. please consult our website www.laraexploration.com or contact: Miles Thompson – President, or Kim Casswell - Corporate Secretary, at (604) 669-8777.

Investor Relations:
Julia Maxwell - (604) 669-8777
Chris MacIntyre – (416) 640-1932

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada
accepts responsibility for the adequacy or accuracy of this release.