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Aclara Resources –  World Class Heavy Rare Earth Projects; Project Updates In Brazil and Chile – Updated Resource and PEA, Permitting Progress

Cory
October 1, 2024

Francois Motte, CFO of Aclara Resources (TSX:ACA) joins me to provide an update on the Company’s heavy rare earth projects; the Carina module in Brazil and the Penco module in Chile.

 

Starting with the Carina Module which has seen a 77% increase in inferred mineral resources, which will further extend the life of the mine. The updated Preliminary Economic Assessment (PEA) for Carina, announced on September 5th, projects an after-tax NPV at an 8% discount rate of $1.5 billion USD with a base case price forecast, and $2.2 billion USD using incentive price forecast (excluding Chinese supply). The internal rate of return stands at 27% over a 22-year mine life. Francois offers insights into these projections and the price forecasts used. We also cover the Company’s government relations, including an MOU with the state of Goias in Brazil. 

 

Additionally, we examine the progress in Chile, particularly the EIA observations for the Penco Module and the steps to advance permitting. 

 

Throughout the discussion, Francois highlights the Company’s metallurgical testing, drilling programs, and feasibility studies expected to conclude in the coming years. With these updates, investors can anticipate milestones such as updated resources, advanced metallurgical results, and permitting progress.

 

Please email me any follow up questions you have for Francois. My email address is Fleck@kereport.com

 

Click here to visit the Aclara website to learn more about the Company.

 

Discussion
9 Comments
    Oct 01, 2024 01:55 PM

    Is that China buying all the silver in S.America and paying a premium for it.

    Reply
    Oct 01, 2024 01:36 PM

    Frank Fritz died, he left the World a better place. For those who don’t know the name he was the co-star of American Pickers a show I really liked as he and Mike Wolfe rummaged through old buildings in The U.S. in search of antiques and collectables. DT

    Reply
    Oct 01, 2024 01:46 PM

    Topaz Energy to acquire royalty interest in Tourmaline Properties. A deal worth $278.2 million. DT

    https://www.thestar.com/business/topaz-energy-to-acquire-royalty-interest-in-tourmaline-properties/article_772e3fd5-186e-5f4e-837c-b163504eeba9.html

    Reply
    BDC
    Oct 02, 2024 02:57 AM

    https://www.tradingview.com/x/l3aVLhAO/
    DOLLAR : Surprising Strength.
    Dock Workers Strike?

    Reply
      BDC
      Oct 02, 2024 02:20 AM

      Iran/Israel too!

      Reply
    BDC
    Oct 02, 2024 02:35 AM

    https://www.tradingview.com/x/G7eEbjyN/
    NatGas : Mentioned twice last night!
    The Brandon Curse has lifted.

    Reply
    Oct 02, 2024 02:42 AM

    FWIW Info: A SEDI report was recently filed indicating that Alamos Gold had moved its Share Holdings in Red Pine Exploration from about 26 Million shares to 39.6 million.

    Reply

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