Northwire Canada EditionTuesday, August 11, 2026
Northwire
CN 0.190 +18.8% URE 1.98 +2.1% ALS 62.34 −1.3% AAUC 30.98 +1.6% RYR 0.190 −5.0% ECU 1.77 −4.3% GLAD 3.34 +2.5% IMG 25.63 +0.3% RUSH 0.080 +14.3% HMMC 6.76 +4.0% APX 0.060 +0.0% CBLT 0.050 +0.0% AIR 0.065 +8.3% PRU 5.54 +1.8% TOM 0.160 +14.3% QCX 0.235 +6.8% CN 0.190 +18.8% URE 1.98 +2.1% ALS 62.34 −1.3% AAUC 30.98 +1.6% RYR 0.190 −5.0% ECU 1.77 −4.3% GLAD 3.34 +2.5% IMG 25.63 +0.3% RUSH 0.080 +14.3% HMMC 6.76 +4.0% APX 0.060 +0.0% CBLT 0.050 +0.0% AIR 0.065 +8.3% PRU 5.54 +1.8% TOM 0.160 +14.3% QCX 0.235 +6.8%
Drill Results

Allied Critical Metals Drills 10.0 Metres of 1.11% Tungsten (WO3) at Borralha

ACM · Price

Executive Summary

  • Allied Critical Metals reported high‑grade, wide tungsten intercepts from its RC drill program at the Borralha Tungsten Project, notably a 90 m interval averaging 0.24% WO₃ with sub‑intervals up to 1.78% WO₃.
  • The results exceed expectations for the central‑south backbone and “gap” zones, supporting an upcoming upgrade of the NI 43‑101 Mineral Resource Estimate (MRE) and a Preliminary Economic Assessment (PEA) slated for Q4 2025.
  • To date 4,210 m of the planned 5,625 m Phase 1 drilling have been completed, positioning the project for further step‑out and infill work that could drive significant resource growth.

Key Details

  • Hole Bo_RC_16:
  • 90.0 m @ 0.24% WO₃ from 60.0 m (true width not disclosed)
  • Includes 40.0 m @ 0.40% WO₃ from 100.0 m
  • 10.0 m @ 1.11% WO₃ from 100.0 m, with a high‑grade core of 6.0 m @ 1.78% WO₃
  • Additional mineralization: 12.0 m @ 0.33% Cu, 25 g/t Ag, 138 ppm Mo from 188.0 m

  • Hole Bo_RC_18:

  • 74.0 m @ 0.12% WO₃ from 154.0 m
  • Contains 14.0 m @ 0.15% WO₃ from 192.0 m
  • 2.0 m @ 0.35% WO₃ from 226.0 m

  • Hole Bo_RC_19:

  • 4.0 m @ 0.19% WO₃ from 124.0 m

  • Geological Context:

  • Bo_RC_16 drilled at the western dip edge of the central‑south backbone, strengthening resource resolution for the forthcoming MRE and PEA.
  • Bo_RC_18 & Bo_RC_19 targeted the “gap” zone between the high‑grade backbone and a newly discovered north‑dipping lode, confirming continuity of mineralization in an area previously considered lower grade.

  • Drill Program Status:

  • Total RC drilling completed: 4,210 m (≈75% of Phase 1 target).
  • Remaining ~1,415 m to be drilled before campaign close; step‑out holes planned to the west and north of the Santa Helena Breccia, plus infill holes for resource model refinement.

  • Forward Plans:

  • Updated NI 43‑101 MRE expected Q4 2025.
  • Robust PEA under development, leveraging new high‑grade data.
  • Ongoing underground mine design work and Environmental Impact Assessment (EIA) review.

  • Market Context:

  • Tungsten price has risen to US$670/MTU (+≈50% over six months), driven by heightened demand and supply constraints from non‑Western sources.

Notable Quotes

“Borralha continues to surprise us on the upside, Bo_RC_16 has delivered one of the strongest intercepts ever drilled on the project… Together, these results confirm both scale and grade potential as we advance towards our updated MRE and PEA.” – Roy Bonnell, CEO & Director


All data are from Allied Critical Metals Inc. press release dated October 22 2025.

Read the original news release →

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