Aclara Secures CORFO Funding for AI-Powered Exploration

Aclara Resources Inc.'s Chilean subsidiary, REE Uno, received a US$ 730,000 grant from CORFO's Innovation Management Division. This funding will support the development of advanced AI technology for exploring rare earth elements (REE), particularly in ionic clay deposits.

The project will leverage machine learning models to manage and analyze geological data, enhancing exploration efficiency. This AI system offers real-time data processing to identify promising exploration targets, reducing costs and environmental impact.

Aclara aims to build a competitive edge by speeding up AI model development to locate high potential deposits. Current AI models have already accelerated target identification, demonstrating significant time and cost savings.