Aclara Resources Inc.

Aclara Resources: Environmentally Sustainable Rare Earth Element Extraction with a Transformative Proprietary Process


Aclara Resources (TSX:ARA) reinvents mining as a climate-friendly industry, sustainably supplying minerals the world critically requires to achieve a low-carbon future. Aclara is testing its innovative, patent-pending Circular Mineral Harvesting Process through its Penco Module ionic clay asset in Chile. The Circular Mineral Harvesting process is a unique, sustainable extraction method developed in collaboration with the University of Toronto and the University of Concepción in Chile.

Aclara Resources aims to be at the forefront of reshaping the mining industry as a sustainable, vital partner in achieving the world’s net-zero emissions goals. The Climate-Smart Mining Initiative sets out guidelines to improve sustainability and minimize the environmental impact of mining operations.

Circular Mining Harvesting

Company Highlights

  • Aclara Resources is an HREE-focused exploration and development company moving towards development at its ionic adsorption clay deposit in Chile.
  • The company’s unique, patent-pending Circular Mineral Harvesting Process improves its future ESG rating by eliminating tailings dams, prioritizing revegetation and recirculating up to 95 percent of the water used and 99 percent of the main reagent.
  • Aclara was awarded the 2022 Sustainability of the Year award for its innovative Circular Mineral Harvesting Process.
  • The Penco Module, the company’s flagship asset, contains an encouraging IAC deposit and will serve as a pilot project for the new harvesting process.
  • Aclara voluntarily withdrew its Environmental Impact Assessment application following feedback from authorities, allowing the company to improve and refine its environmental practices before reapplying.
  • Aclara owns a large concessions land package of 451,985 hectares to allow organic growth (Penco Module situated in only 600 hectares). Exploration plan to incorporate additional modules already under way.
  • An experienced management team leads the project towards becoming a pivotal turning point in environmentally sustainable REE mining.
  • With $78 million in cash, Aclara’s main shareholder is leading precious metal producer Hochschild Mining, with a 57 percent stake in the company.

This Aclara Resources profile is part of a paid investor education campaign.*

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Aclara Announces the Discovery of a New Heavy Rare Earths Deposit Hosted in Ion-Adsorption Clays in Brazil

Aclara Announces the Discovery of a New Heavy Rare Earths Deposit Hosted in Ion-Adsorption Clays in Brazil

Aclara Resources Inc. ("Aclara" or the "Company") (TSX:ARA) is pleased to provide an update on its exploration activities in Brazil by announcing its new Heavy Rare Earth Element ("HREE") ionic clays project, "Carina Module" (the "Project") located in the State of Goias, Brazil. The results of its initial auger drilling campaign[1], which was comprised of 1,693 meters of drilling within 236 drill holes, demonstrate the discovery of a new HREE deposit hosted in ionic clays. While the initial auger drilling campaign was shallow, with an average depth of 7.2 meters, it has unveiled a potential for expansion, both laterally and at depth, accompanied by the prospect of enhancing HREE grades

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Aclara Provides Update on Permitting and Development Strategy for the Penco Module Project in Chile

Aclara Provides Update on Permitting and Development Strategy for the Penco Module Project in Chile

Aclara Resources Inc. ("Aclara" or the "Company") (TSX:ARA) provides an update on its Chilean Penco Module (the "Project") permitting and development strategy following the previously announced receipt of notice from the Environmental Service Assessment ("SEA") of its decision to terminate the review of the Company´s application for an environmental impact assessment ("EIA") of the Project based on the identification of six previously undisclosed "naranjillo" trees, considered "vulnerable species", within the Project area. Five of these naranjillo trees were found near an existing access road that would require modification and one naranjillo tree was found in a local "native forest" within the deposition zone known as Jupiter

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Aclara Successfully Completes Semi-Industrial Scale Piloting for the Penco Module

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Aclara Resources Inc. ("Aclara" or the "Company") (TSX:ARA) is pleased to announce that it has successfully completed the piloting operation for the Penco Module project. The Company processed a total of 120 tonnes of ionic clays and produced approximately 107 kilograms of wet high purity Heavy Rare Earth Elements ("HREE") concentrate. The technical results will be published during the fourth quarter ("Q4") of 2023

Ramón Barúa (Aclara's Chief Executive Officer) commented:

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Aclara Resources Inc. ("Aclara" or the "Company") (TSX:ARA) is pleased to announce the appointment of Bonzi Yokomizo as General Manager of the wholly owned Brazilian subsidiary ("Aclara Resources Mineracao Ltda"), effective Aug 10, 2023

"We are delighted to welcome Bonzi Yokomizo as our new General Manager for Brazil," said Ramón Barúa, CEO and Director of Aclara. " With over 30 years leading global mining projects, Bonzi's expertise is a cornerstone for Aclara. His exceptional understanding of Greenfield and Brownfield projects, coupled with his recent achievement in commissioning Brazil's inaugural ionic clay heavy rare earths mine, will play a pivotal role in driving the success of Aclara's projects in Brazil. Bonzi's remarkable skill in building and leading diverse teams, combined with his extensive in-country experience, brings a dynamic synergy that fosters innovation, drives operational excellence and ensures a robust foundation for Aclara´s strategic growth in Brazil and beyond."

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The termination resulted from a request submitted by the National Forest Corporation (CONAF) to SEA to terminate the New EIA application process based on the findings of CONAF that there are six (6) undisclosed citronella mucronate, popularly known as "naranjillo" trees, located in the area of the Project. Naranjillo trees are considered "vulnerable species". Specifically, the New EIA did not include information relating to the naranjillo trees in question of which five (5) were found near the location of an existing access road that would require modification, and another was found within a local "native forest", in the area of the Project. Given the presence of such vulnerable species within the native forest, the forest would be considered a "preservation forest", restricting such trees from being cut down and thus requiring a change to the contemplated disposal area of the project. CONAF, which is a Chilean State-owned organization that is overseen and funded through the Ministry of Agriculture of Chile, contributes to the administration and development of the country's forestry sector.

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