Aclara Resources Inc. announced that it has successfully completed the piloting operation for the Penco Module project. The Company processed a total of 120 tonnes of ionic clays and produced approximately 107 kilograms of wet highurity Heavy Rare Earth Elements ("HREE") concentrate. The technical results will be published during the fourth quarter ("Q4") of 2023.

The pilot plant successfully adhered to the design parameters for an uninterrupted three-month period from June to August 2023. Operation throughput reached 90 kg per hour and operated continuously 24 hours per day. A total of 120 tonnes were processed during the 3-month period.

80 tonnes of ionic clays were extracted from the Victoria Sur orebody and 40 tonnes from Victoria Norte. A total of 107 kilograms of high-purity HREE concentrate was produced. High-purity HREE concentrate samples are currently being dispatched to more than ten separation firms located across the United States, Europe, and Asia.

This initiative aims to validate product specifications and assess its suitability for their respective separation technologies. Throughout the operation, had the privilege of hosting over two hundred visitors, with more than half of them being community leaders, and the remainder comprising investors, authorities, academic institutions, private enterprises, media representatives, and business associations. The pilot operation served as an illuminating showcase of the primary sustainability aspects inherent in Circular Mineral Harvesting process.