Talon Metals Corp., (TSX: TLO)today reported that the company has concluded an agreement in which the company has a right to acquire a 75% interest in a subsidiary of Lara Exploration Ltd. (TSXV:LRA), that holds all 13 of Lara’s potash exploration licences (including five applications for potash exploration licences), which are located in Sergipe State, Brazil.
The press release is quoted as saying:
Lara’s potash licences comprise two separate blocks, with a total area of 14,114 hectares (34,876 acres), which are contiguous with Talon’s Capela and Panqueca potash prospects, and cover the strike extension trend of the known potash deposits in Vale’s Taquari-Vassouras Mine
