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      Lara Consolidates Canabrava Property Position 
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 February 26, 2008
 Lara Exploration ("Lara" or the "Company") (LRA-TSX.V) is pleased to 
 report that it has added to its Canabrava Project along strike from the 
 Palmeirópolis volcanogenic massive sulphide ("VMS") deposits in Central 
 Brazil. 
 
 Based on regional prospecting conducted in 2007, additional claims have 
 been registered, bringing the total to approximately 28,500 hectares. 
 The property covers strike extensions of the Palmeirópolis Deposit, 
 which is a series of zinc, lead, copper and silver sulphide ore bodies 
 discovered by the CPRM (Brazilian Geological Survey) in the 1970's. 
 Lara has been gradually acquiring mineral rights along this trend, over 
 the last two years, in anticipation of the privatization of the CPRM 
 deposits. The Company started regional mapping, rock chip and soil 
 geochemistry in late 2007 in parallel with adding to and consolidating 
 its land position. 
 
 Details of the Palmeirópolis deposit are in the public domain, 
 published in a CPRM report from the year 2000, entitled "Zinco, Chumbo 
 e Cobre de Palmeirópolis Estado de Tocantins". This report shows that 
 the CPRM drilled ~32,000m of diamond core at Palmeirópolis in the 
 1970's, of which ~26,000 was used to define four ore bodies (C1 to C4) 
 with resources of 5.5 million tonnes with an average grade of 5.28% 
 zinc and lead, 0.83% copper and 23.95 grams per tonne silver. These 
 resources are historical and not compliant with National Instrument 
 43-101 reporting standards, however, they are considered material to 
 the prospectivity of the Lara property. 
 
 The Palmeirópolis ore bodies do not outcrop at surface and were 
 targeted using geophysics. The Company believes there is considerable 
 potential to discover additional mineralization within its properties 
 using modern geophysical methods and that the base metal focused 
 exploration work in the 1970's may have under-estimated the gold and 
 silver potential of the district. 
 
 Quality Control 
 
 Michael Bennell, Lara's Vice President Exploration and a member of the 
 Australasian Institute of Mining and Metallurgy (AusIMM), is a 
 Qualified Person as defined by National Instrument 43-101 Standards of 
 Disclosure for Mineral Projects, and is responsible for the preparation 
 and verification of the technical information in this release. 
 
 About Lara 

 Lara is a natural resource prospect generator, with multi-commodity 
 exploration portfolio in Brazil and Peru. Lara's common shares trade on 
 the TSX Venture Exchange under the symbol "LRA". 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. 
 
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 The TSX Venture Exchange does not accept responsibility for the 
 adequacy or accuracy of this news release 
 
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 Copyright (c) 2008 LARA EXPLORATION LTD. (LRA)  All rights reserved. 
 For more information visit our website at 
 http://www.laraexploration.com/ or send mailto:info@laraexploration.com 
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