Pond Technologies

Aclara Resources recent drill work unveils new HREE deposit at Carina Module

17 October 2023

Aclara Resources CEO Ramon Barua joined Steve Darling from Proactive to shared significant news regarding the company's recent auger drilling campaign at the Carina Module in Brazil.

Aclara Resources has reported the results of its initial auger drilling campaign, which encompassed 1,693 meters of drilling across 236 drill holes. This work took place at the Carina Module, located in the northeastern part of central Brazil and accessible via paved roads. Barua highlighted the discovery of a new Heavy Rare Earth Element (HREE) deposit hosted in ionic clays.

The drilling program reached shallow depths, with an average depth of 7.2 meters, and revealed the potential for expansion, both laterally and at depth, with the prospect of enhancing HREE grades. Furthermore, Barua noted that the mineralized area of the Carina Module spans approximately 1,400 hectares, with the potential for lateral expansion. In comparison, the mineralized area of the company's Penco Module in Chile covers approximately 140 hectares.

These findings mark a significant development for Aclara Resources, showcasing the potential for a substantial HREE deposit in Brazil. The company's continued exploration and assessment efforts in the region are aimed at unlocking the full value of this discovery and advancing its mining endeavors in the rare earth elements sector.

Contact Details

Proactive Canada

+1 604-688-8158

This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Sign Up To Get Daily Green Stock News In Your Inbox

Please review our Disclaimer and Privacy Policy before subscribing.

STOCK QUOTE

FEATURED GREEN STOCK

Pond Technologies

Pond Technologies has developed a proprietary system that can profitably transform CO2 into valuable products. The company's carbon business focuses on absorbing greenhouse gas emissions, transforming these into...

CLICK TO LEARN MORE

FEATURED GREEN STOCK

LithiumBank Resources

LithiumBank Resources is creating an opportunity to participate in the future of clean-tech energy. The company's strategy is to acquire claims in known lithium high grade hot spots with existing wells and infrastructure...

CLICK TO LEARN MORE

COPYRIGHT ©2022 GREEN STOCK NEWS