12:56 PM EST, 03/05/2024 (MT Newswires) -- Aclara Resources Inc. ( ARAAF ) announced Tuesday its substantial contribution towards the preservation of native forests in the Biobio region and other areas in Chile.

The company is introducing a plan for the reforestation of native areas, encouraging the engagement of social and regional organizations, offering training in the maintenance and care of indigenous species.

The program aims to distribute approximately 8,000 naranjillo trees, followed by other species such as Pitao and Queule trees.

Ramon Barua, Aclara CEO and Director, said in a statement: "Aclara faced an unexpected setback in July last year, after receiving a request from a state agency to terminate the company's 2023 EIA application, based on the findings of six naranjillo trees, located in the area of the Project. We took this as an opportunity to learn more about this native species, and we hope that these donations show the harmony between our project, the environment, and our community. Aclara is working towards submitting a robust Environmental proposal shortly, and our initial commitment remains; to revegetate all impacted areas with native species for the Penco community at the end of the project's life."

The Vina del Mar Botanical Garden will be receiving the initial donations of the program, to relief some of the loss incurred from this year's forest fires, which burnt over 380 hectares of its native forests. Aclara is making a sizeable donation of 2,000 naranjillo trees,100 queules, 200 pitaos, along with 1,000 companion species, to be delivered to the Botanical Garden in June, once the land is ready to receive the new plantations.

Aclara Resources Inc. ( ARAAF ) is a development-stage company that focuses on heavy rare earth mineral resources hosted in Ion-Adsorption Clay deposits

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