Aclara Resources Inc T.ARA

Alternate Symbol(s): ARAAF

Aclara Resources Inc, formerly 1303714 BC Ltd, is a Chile-based public company which engages in the Mineral Resources Business Sector. The Company is development-stage rare earth mineral resources company with approximately 450,500 hectares of mining concessions located in the Maule, Nuble, Biobio and Araucania regions of Chile. The Company focuses on the development and on the construction and operation of the Penco Module, which aims to produce a rare earth concentrate through a processing plant that is be fed by clays from nearby deposits. The Company also conducts exploration activities in order to determine if there are deposits within its other mining concessions that can be developed economically and with an adequate environmental footprint.

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Aclara Resources Inc

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Post by geolteacheron Dec 21, 2023 1:12am

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Post# 35795169

interesting company, Aclara!

I came across Aclara and will place a bid, per the following facts and opinions:

It's got a large, shallow, low-overburden ionic clay REE deposit in Brazil that's rich in the more sought-after REEs that go into magnets.
It built and proved-up a pilot plant in Chile, that processes REE-rich clay using chemicals and recycled industrial wastewater - not freshwater that can be better used for drinking or growing crops.
Brazil seems to currently be very pro-mining, even more than the Quebec and Nevada in North America - and with faster permitting turnarounds.
Aclara just sent a 25-ton bulk sample from its Brazil REE deposit to its pilot plant in Chile, to prove-up metallurgy, derive data needed for a PEA, etc.
Aclara is likely to produce an NI-43-101 in the next few months, and a PEA sometime in 2024.
Aclara appears to be have cash to cover requirements well into 2025.