Aclara Donates + 8,000 Naranjillo Trees to Propel Local Reforestation Efforts
ACLARA DONATES + 8,000 NARANJILLO TREES TO PROPEL LOCAL
REFORESTATION EFFORTS
TORONTO, ON, March 5, 2024 –Aclara Resources Inc. (“Aclara” or the “Company”) (TSX: ARA) is
pleased to announce its substantial contribution towards the preservation of native forests in the
Biobio region and other areas in Chile. The Company is introducing a plan for the reforestation of
native areas, encouraging the engagement of social and regional organizations, offering training
in the maintenance and care of indigenous species. The program aims to distribute approximately
8,000 naranjillo trees, followed by other species such as Pitao and Queule trees. The Viña del Mar
Botanical Garden will be receiving the initial donations of the program, to relief some of the loss
incurred from this year’s forest fires, which burnt over 380 hectares of its native forests. Aclara is
making a sizeable donation of 2,000 naranjillo trees,100 queules, 200 pitaos, along with 1,000
companion species, to be delivered to the Botanical Garden in June, once the land is ready to
receive the new plantations.
Ramon Barua, Aclara CEO and Director, commented:
"Aclara faced an unexpected setback in July last year, after receiving a request from a state
agency to terminate the Company’s 2023 EIA application, based on the findings of six naranjillo
trees, located in the area of the Project . We took this as an opportunity to learn more about this
native species, and we hope that these donations show the harmony between our project , the
environment, and our community. Aclara is working towards submitting a robust Environmental
proposal shortly, and our initial commitment remains; to revegetate all impacted areas with native
species for the Penco community at the end of the project’s life.”
Aclara’s reforestation project offers an opportunity for social organizations in Penco and
neighboring areas to actively participate in revegetation activities. Fernando Illanes, Aclara’s
Public Affairs Manager, explains "At Aclara, we want to address the challenges that our forests
are facing today. We believe that by collaborating with our communities in this way, we can all
commit to promoting and maintaining the biodiversity of our territories."
Young naranjillo trees in a shadehouse at Aclara’s Penco Community House
As part of the initiative, Aclara is commited to providing expert training on the care and
maintenance of native species. The company will offer two years of follow-up support, including
visits to the area every six months, ensuring the proper care of the developing forest. "We aim to
promote a shared space, fostering a collective commitment for the forest’s restoration and care,
because environmental stewardship is everyone's responsibility," Fernando adds.
Adriana Arancibia (Viña del Mar Botanical Garden Horticulture Manager), Fernando Illanes (Aclara Corporate
Affairs Manager) and Alejandro Peirano (Viña del Mar Botanical Garden Director) showing the Agreement
signed between Aclara and the Botanical Garden
About Aclara
Aclara Resources Inc. (TSX: ARA) is a development -stage company that focuses on heavy rare
earth mineral resources hosted in Ion-Adsorption Clay deposits. The Company currently has two
projects under development: the Penco Module in the Bio -Bio Region of C hile, and the Carina
Project in the State of Goiás, Brazil.
Aclara's rare earth extraction process offers several environmentally attractive features. It does
not involve blasting, crushing, or milling, and therefore does not generate tailings, thus eliminating
the need for a tailings storage facility. The extracti on 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, ammonium sulfate. Further, harmful levels of radionuclides,
typical of hard rock rare earth deposits, are not concentrated within the Aclara flowsheet.
Simultaneously, alongside the development of the Carina and Penco projects, the Company
intends to identify and evaluate further opportunities to increase future production of heavy rare
earths. This will involve greenfield exploration programs and the development of additional
projects within the Company's concessions in Brazil, Chile, and Peru.
Forward-Looking Statements
This news release contains “forward -looking information” within the meaning of applicable
securities legislation, which reflects the Company’s current expectations regarding future events,
including statements with regard to the expectations of the Company ’s management. 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, the factors discussed under “Risk Factors” in the Company’s annual
information form dated as of March 28, 2023 filed on the Company’s SEDAR profile. Actual results,
timing, performance, achievements or future events or developments could differ materially from
those expressed or implied herein. Unless otherwise noted or the context otherwise indicates, the
forward-looking information contained in this news release is provided as of the date of this news
release and the Company does not undertake any obligation to updat e 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