• Aclara Resources Secures $730K Grant to Advance AI-Driven Rare Earth Exploration in Chile

  • Nov 21 2024
  • Length: 5 mins
  • Podcast

Aclara Resources Secures $730K Grant to Advance AI-Driven Rare Earth Exploration in Chile

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  • Aclara Resources CFO Francois Motte joined Steve Darling from Proactive to announced the company has received a US$730,000 research, development, and innovation grant from the Chilean Economic Development Agency’s Innovation Management Division. Combined with Aclara’s own investment, the initiative will be funded with approximately $1 million to revolutionize rare earth element (REE) exploration using artificial intelligence (AI) models. The project employs advanced machine learning to analyze complex datasets in real time, focusing on the identification of REE mineralization within ionic clay deposits. By integrating field data gathered by Aclara’s Exploration Team, the AI system combines data processing power with geological interpretation to evaluate extensive land areas efficiently. This innovative approach is expected to optimize operational efficiency, reduce exploration costs, and minimize environmental impact, while also accelerating the identification of high-potential exploration targets. “This grant validates our commitment to technological innovation and sustainable exploration practices,” Motte said. “By deploying cutting-edge AI tools, we aim to enhance our ability to uncover rare earth resources critical to the energy transition.” Aclara Resources’ initiative represents a significant step forward in the exploration of ionic clay-hosted REE deposits, particularly in Chile, and positions the company as a leader in integrating technology and sustainability in mineral exploration. #proactiveinvestors #aclararesourcesinc #tsx #ara #mining #rareearths#AclaraResources #CarinaProject #GoiásMoU #MiningInvestment #RenewableEnergy #EnvironmentalSustainability #JobCreation #InfrastructureDevelopment #BrazilMining #SustainableMining #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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