Aclara Awards the Carina Module Pre-Feasibility Study Contract To Hatch

Aclara Awards the Carina Module Pre-Feasibility Study Contract To Hatch

Aclara Resources Inc. ("Aclara" or "Company") (TSX:ARA) is pleased to announce that it has awarded the Carina Module Pre-Feasibility Study (the "Carina PFS" or "PFS") contract to Hatch Ltd. ("Hatch"), a global multidisciplinary management, engineering, and development consultancy. Hatch has over six decades of business and technical experience in the mining, energy, and infrastructure sectors with a presence in over 17 countries and is ranked as a top 20 International Design Firm according to the Engineering News-Record rankings

The Carina PFS will be an internal study focused on identifying the optimal project configuration to serve as a basis for the upcoming Feasibility Study. The PFS is expected to be completed by the second half of 2025 and will immediately be followed by the Feasibility Study phase which is expected to be complete by the second half of 2026. The Feasibility Study will be developed and made public in accordance with the National Instrument 43-101 Guidelines associated with the Standards of Disclosure for Mineral Projects.

Barry Murphy, Aclara's COO, commented:

"We are thrilled to be working with such an established and highly regarded engineering company during this next important phase of the development of our Carina rare earths deposit in Brazil. Hatch has a reputation for designing cost effective, and fit-for-purpose mine and process facilities and bring a wealth of local project development knowledge due to their long-standing presence in Brazil."

About Hatch

Hatch is an employee-owned company founded in Toronto in 1955 and currently with global headquarters in Mississauga/CA. Hatch is a leading global consulting, engineering, technology, and project / construction management company, with more than 65 offices and +10,000 employees around the world, creating innovative solutions for 5 sectors: Metals, Energy, Infrastructure, Digital and Investment. Hatch combines the global capabilities and the local project delivery teams, to collaboratively provide the best solutions for projects worldwide and in Brazil, where Hatch has been working since 1998 with more than 100 million hours worked and US$ 15 billion in CapEx in EPCM services, with an excellent safety record.

About Aclara

Aclara Resources Inc. (TSX:ARA) is a development-stage company that is focused on heavy rare earth mineral resources hosted in Ion-Adsorption Clay deposits. The Company's rare earth mineral resource development projects include the Penco Module in the Bio-Bio Region of Chile and the Carina Module in the State of Goiás, Brazil.

Aclara's rare earth extraction process offers several environmentally attractive features. Circular mineral harvesting does not involve blasting, crushing, or milling, and therefore does not generate tailings and eliminates the need for a tailing's storage facility. The extraction process developed by Aclara minimizes water consumption through high levels of water recirculation made possible by the inclusion of a water treatment facility within its patented process design. The ionic clay feedstock is amenable to leaching with a common fertilizer main reagent, ammonium sulfate. Further, harmful levels of radionuclides, typical of hard rock rare earth deposits, are not concentrated within the Aclara's processing flowsheet. In addition to the development of the Penco Module and the Carina Module, the Company will continue to identify and evaluate opportunities to increase future production of heavy rare earths through greenfield exploration programs and the development of additional projects within the Company's concessions in Brazil, Chile, and Peru.

Forward-Looking Statements

This press release contains "forward-looking information" within the meaning of applicable securities legislation, which reflects the Company's current expectations regarding future events, including, without limitation, statements with regard to the Carina PFS and/or the Carina FS and anticipated timeline on which the Carina PFS and/or the Carina FS is expected to be completed. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company's control. Such risks and uncertainties include, but are not limited to risks related to operating in a foreign jurisdiction, including political and economic problems in Chile and Brazil; risks related to changes to mining laws and regulations and the termination or non-renewal of mining rights by governmental authorities; risks related to failure to comply with the law or obtain necessary permits and licenses or renew them; compliance with environmental regulations can be costly; actual production, capital and operating costs may be different than those anticipated; that the Company may be not able to successfully complete the development, construction and start-up of mines and new development projects; risks related to mining operations; and dependence on the Penco Module and/or the Carina Module. Aclara cautions that the foregoing list of factors is not exhaustive. For a detailed discussion of the foregoing factors, among others, please refer to the risk factors discussed under "Risk Factors" in the Company's annual information form dated as of March 22, 2024, filed under the Company's profile on SEDAR+ at www.sedarplus.ca. Although the forward-looking statements contained in this press release are based upon information and assumptions that management of the Company believes to be reasonable and complete as of the date of this press release, these statements are by their nature subject to a number of factors that could cause actual results to differ materially from management's expectations and anticipated outcomes as specified in such forward-looking statements. As such, readers are cautioned not to place undue reliance on forward-looking information contained in this press release. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained in this press release is provided as of the date of this press release and the Company does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws.

For further information, please contact:

Ramon Barua
Chief Executive Officer
investorrelations@aclara-re.com

SOURCE:Aclara Resources Inc.



View the original press release on accesswire.com

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Aclara Submits Improved EIA for the Penco Module

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Aclara Resources Inc. ("Aclara" or "Company") (TSX:ARA) is pleased to announce that it has filed a new Environmental Impact Assessment (the "EIA") for the Penco Module project (the "Project") with the Environmental Service Assessment ("SEA") in Concepción, Chile. The EIA incorporates an improved technical design of the Project, which the Company believes addresses all concerns related to environmental and social requirements from the public services and local communities. In addition, the EIA has further been optimized following the review conducted by CAP S.A. ("CAP"). As Aclara's strategic partner in Chile, the Company will continue to leverage CAP's expertise and support through the course of its permitting process

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Aclara Extends High Grade Mineralisation Thickness at Carina from 6.1 meters to 11.1 meters Through a Positive Drilling Campaign

Aclara Extends High Grade Mineralisation Thickness at Carina from 6.1 meters to 11.1 meters Through a Positive Drilling Campaign

Aclara Resources Inc. ("Aclara" or the "Company") (TSX:ARA) is pleased to provide the drilling results from its Phase 1 reverse circulation ("RC") drilling campaign executed between November 2023 and April 2024 on its regolith-hosted ion adsorption clay project, known as the "Carina Module", located in the State of Goiás, Brazil. The Phase 1 RC drilling campaign, which was comprised of 1,998 meters of drilling within 80 drill holes, has confirmed that the mineralization extends through the full depth of the regolith to the bedrock and provides a greater level of certainty regarding the geological interpretation of the deposit and the existence of rare earth elements throughout the full cross-section of the regolith

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Aclara Appoints Dr. Kurt Forrester as Lead Advisor to Its Heavy Rare Earths Separation Project

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Aclara Resources Inc. ("Aclara" or the "Company") (TSX:ARA) is pleased to announce the appointment Dr. Kurt Forrester as lead advisor for the technical development of its heavy rare earths separation project. Dr. Forrester is an international renowned chemical engineer with more than 20 years of experience in solvent extraction and other separation technologies across commodities including rare earth elements, base metals and industrial minerals

Aclara CEO, Ramon Barua, commented:

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ACLARA REPORTS ON VOTING RESULTS FROM THE 2024 ANNUAL GENERAL MEETING OF SHAREHOLDERS

ACLARA REPORTS ON VOTING RESULTS FROM THE 2024 ANNUAL GENERAL MEETING OF SHAREHOLDERS

 The Annual General Meeting of Shareholders (the " Meeting ") of Aclara Resources Inc. (" Aclara " or the " Company ") (TSX: ARA) was held today in Toronto, Ontario . Each of the matters voted upon at the Meeting is discussed in detail in the Company's management information circular dated April 5, 2024 (the " Circular "), which can be found under the Company's profile on SEDAR+ at www.sedarplus.ca .

Aclara Resources Inc. Logo (CNW Group/Aclara Resources Inc.)

The total number of votes cast by shareholders of the Company in person and by proxy at the Meeting was 104,205,909 votes, representing 62.62%. Each of the matters put forward before shareholders for consideration and approval at the Meeting, as described in the Circular, was duly approved by the requisite number of votes. These matters included the election of directors and the appointment of the auditor. The voting results are detailed below:

1. Election of Directors

Name of Nominee


Votes FOR


%


Votes WITHHELD


%

Eduardo Hochschild


92,464,826


94.14


5,754,485


5.86


Ramon Barua


92,872,513


94.56


5,346,798


5.44


Paul Adams


94,030,588


95.74


4,188,723


4.26


Eduardo Landin


92,538,800


94.22


5,680,511


5.78


Catharine Farrow


97,933,632


99.71


285,679


0.29


Maria Recart


98,131,039


99.91


88,272


0.09


Sanjay Sarma


97,905,072


99.68


314,239


0.32


Nicolás Hochschild


92,593,016


94.27


5,626,295


5.73


Joao Miranda


95,554,235


97.29


2,665,076


2.71


Jorge Born


92,589,487


94.27


5,629,824


5.73


2. Appointment of Auditor

Name of Auditor


Votes FOR


%


Votes WITHHELD


%

EY Servicios Profesionales
de Auditoría y Asesorías SpA


104,188,072


99.98


17,837


0.02

The Company has filed a report of voting results on all resolutions voted on at the Meeting under its profile on SEDAR+ at www.sedarplus.ca .

About Aclara

Aclara Resources Inc. (TSX: ARA) is a development-stage company that is focused on heavy rare earth mineral resources hosted in Ion-Adsorption Clay deposits. The Company's rare earth mineral resource development projects include the Penco Module in the Bio-Bio Region of Chile and the Carina Module in the State of Goiás, Brazil .

Aclara's rare earth extraction process offers several environmentally attractive features. Circular mineral harvesting does not involve blasting, crushing, or milling, and therefore does not generate tailings and eliminates the need for a tailing's storage facility. The extraction process developed by Aclara minimizes water consumption through high levels of water recirculation made possible by the inclusion of a water treatment facility within its patented process design. The ionic clay feedstock is amenable to leaching with a common fertilizer main reagent, ammonium sulfate. Further, harmful levels of radionuclides, typical of hard rock rare earth deposits, are not concentrated within the Aclara's processing flowsheet. In addition to the development of the Penco Module and the Carina Module, the Company will continue to identify and evaluate opportunities to increase future production of heavy rare earths through greenfield exploration programs and the development of additional projects within the Company's concessions in Brazil , Chile , and Peru .

SOURCE Aclara Resources Inc.

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  • United Nations Global Compact is the world's largest corporate sustainability initiative, with over 24,000 companies participating in 160 countries.
  • Aclara commits to incorporating the principles of the Global Compact into the Company's strategy, culture, and operations, and to participating in collaborative projects that promote the United Nations' sustainable development goals.

"At Aclara, we believe that sustainable development is the path to the future. Our work ethic, along with the innovation we apply to promote a greener world, and the close collaboration with our communities reflect this commitment. We are a driving force for global decarbonization for building a better world. Today, we join the United Nations Global Compact to accelerate the pace towards sustainable development together," said Ramón Barúa, CEO of Aclara.

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The RRIMM project contains critical minerals essential to the development of Canada's green economy and achievement of its climate change goals. It is projected to produce up to 200,000 tonnes of magnesium ore per annum over an initial two-year period.

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Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce the upcoming Falcon Airborne Gravity Gradiometer (AGG) and Magnetic survey over its Alces Lake property in northern Saskatchewan. This survey, conducted by Xcalibur Multiphysics, aims to provide high-resolution, low-noise subsurface imaging of the Alces Lake lithological units and structure. The data will guide Appia's future exploration efforts, targeting the dense mineralization hosts (i.e. biotite pegmatites, high-grade veins, amphibolites, Fe-Mg-rich paragneisses) of the property's rare earth element (REE) occurrences.

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