TORONTO, June 9, 2022
/CNW/ - Aclara Resources Inc. ("Aclara" or the
"Company") (TSX: ARA) is pleased to announce that the
Company will be participating at the Prospectors & Developers
Association of Canada (PDAC) 2022
Convention from Monday, June 13 to
Wednesday, June 15, 2022 at the Metro
Toronto Convention Centre in Toronto.
Our CEO, Ramon Barua, and COO,
Barry Murphy, will be available for
in-person meetings throughout the conference to discuss Aclara's
exploration plans, the geology and attributes of our ionic clay
deposit, the recent business strategy update for the Penco Module,
as well as the environmental value proposition of our heavy rare
earths asset and its importance to accelerate the decarbonization
of our economy and address the world´s climate emergency.
Our stand will be located in the Investor Exchange Hall (Booth #
3342).
A copy of our updated investor presentation is available on our
website at www.aclara-re.com
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 due to a high
level of water recirculation; amenable leaching with a fertilizer;
and no radioactivity.
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 advancing exploration,
development, and operation of the Penco Module, the exploration of
potential new modules, plans and strategies, and the Company's
environmental value proposition. 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
30, 2022 filed on the Company's SEDAR profile.
Actual results could differ materially from those projected 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 update such forward-looking
information, whether as a result of new information, future events
or otherwise, except as expressly required under applicable
securities laws.
SOURCE Aclara Resources Inc.