Aclara Resources – PEA On The Carina Project In Brazil; After-tax NPV(8%) of US $1.2bil and IRR of 29%
Francois Motte CFO of Aclara Resources (“Aclara” or the “Company”) (TSX:ARA) joins me to recap the Preliminary Economic Assessment (“PEA”) on the Carina Project in Brazil. The Company completed the initial augur drill program and released the initial Resource Estimate in the second half of 2023, and now already has a PEA released.
I have Francois explain how the Company was able to publish a PEA after just one drill program. We also discuss the planned drilling to grow the resource followed by upgrading the resource. I ask about the testing of the Carina Project material at the Company’s pilot plant in Chile and how this will factor into updated economics as well as other news coming early this year.
Please email me with any follow up questions for Francois. My email address is Fleck@kereport.com.