Approval Recommendation for Aclara's Penco Module Project

Aclara Resources Inc. has announced a significant development for its Penco Module ionic clay project in Chile. The project, in collaboration with Grupo CAP, has received a positive Consolidated Evaluation Report from Chile's Environmental Assessment Service (SEA) in the Biobío Region. This favorable recommendation pertains to the approval of the project's Environmental Impact Assessment (EIA).

This report is crucial in Chile's environmental licensing process, as it consolidates technical and regulatory reviews, alongside public and indigenous consultations, confirming that the Penco Module meets the necessary environmental and technical standards. The final decision now rests with the Environmental Assessment Commission, which will vote on June 8, 2026.

Company executives emphasize the significance of this milestone, underscoring the commitment to high environmental and social standards. They anticipate the Commission's approval, marking the next step towards formal project development authorization.