Aclara Announces the Passing of Board Member Ms. Karen Poniachik
ACLARA ANNOUNCES THE PASSING OF BOARD MEMBER
MS. KAREN PONIACHIK
TORONTO, ON, October 13, 2022 – Aclara Resources Inc. (“ Aclara” or the “ Company”) (TSX: ARA) is
saddened to announce the passing of Ms. Karen Poniachik, a member of the Aclara Board of Directors.
“On behalf of Aclara, our employees and our Board of Directors, we extend our deepest condolences to
Karen’s family and friends,” said Chairman Eduardo Hochschild. “ It has been a privilege to know and work
alongside her and we are grateful for her contributions to Aclara and to mining in Chile . She will be greatly
missed.”
Ms. Poniachik had been a director of Aclara since December 2021 and had been serving as the Chair of the
Aclara Board’s Sustainability Committee. She had been the Director of Columbia University’s Global Centers
Santiago since 2012 and a member of the board of directors and advisory boards of a number of companies
and other entities. She previously serv ed as Chile’s first female Minister of Mining and acted as Chile’s
Special Envoy to the Organization for Economic Co -operation and Development (OECD) in the country’s
accession process to the organization.
About Aclara
Aclara is a development-stage rare earth mineral resources company located in Chile. Aclara is initiating the
development of its resources through a project called the Penco Module (the “Penco Module”), which covers
a surface area of approximately 600 hectares and which has ionic clays that are rich in rare earth elements.
Aclara is currently focused on the development and on the future construction and operation of the Penco
Module, which will aim to produce a rare earth concentrate through a processing plant that will be fed by clays
from nearby deposits. Aclara’s unique extraction process offers several advantages such as: no blasting,
crushing or milling required ; no tailings dam ; minimal water consumption du e to a high level of water
recirculation; amenable leaching with a fertilizer; and no radioactivity.
For further information, please contact:
Ramon Barua
Chief Executive Officer