Allied Critical drills six m of 1.02% WO3 at Borralha

Executive Summary

• Allied Critical Metals Inc. released new assay results from its 2025 reverse circulation drilling campaign at the Borralha tungsten project, confirming strong mineralization continuity and expanding the Santa Helena breccia.
• The results highlight significant grade and width enhancements, with Hole Bo-RC-27/25 intersecting 6.0 metres of 1.02% WO3, validating a broad, steeply dipping feeder system and supporting resource growth.
• These findings are expected to directly inform the upcoming National Instrument 43-101 mineral resource estimate update (expected Q4 2025) and the preliminary economic assessment scheduled for Q1 2026.

Key Details

• Hole Bo-RC-27/25:
  • Intersected 46.0 metres (33.1-metre total width) of 0.22% tungsten oxide (WO3) from 204.0 m.
  • Included 22.0 m (15.8-metre TW) of 0.35% WO3 from 228.0 m.
  • Included 6.0 m (4.3-metre TW) of 1.02% WO3 from 228.0 m.
  • This intercept expands the northwestern dip area of the Santa Helena breccia (SHB).
• Hole Bo-RC-28/25:
  • Intersected 8.0 m (5.4-metre TW) of 0.68% WO3 from 90.0 m.
  • Included 2.0 m (1.4-metre TW) of 0.94% WO3 from 96.0 m.
  • Included an additional 4.0 m (2.7-metre TW) of 0.42% WO3 from 210.0 m.
  • Confirms high-grade lenses within the upper SHB flank, consistent with the 2024 geological model.
• Drilling Progress:
  • 4,210 metres of drilling completed out of an initial 5,625-metre Phase 1 campaign.
  • Drilling was strategically focused to achieve desired results; final assay results are expected in the coming weeks.
• Strategic Context:
  • Tungsten prices have reached a high of $685 (U.S.) per metric thermal unit APT, up approximately 50% in the past six months.
  • The project is positioned to support European supply chain resilience, given the EU's dependence on over 80% of tungsten imports from China.
• Future Milestones:
  • Updated Mineral Resource Estimate (MRE) expected in Q4 2025.
  • Preliminary Economic Assessment (PEA) scheduled for Q1 2026.

Notable Quotes

• "Borralha continues to exceed expectations. We are now consistently intersecting thicker and higher-grade zones than previously modelled. Hole Bo-RC-27/25 delivered one of the most continuous and grade-consistent intercepts drilled to date within the northwestern extension of the Santa Helena breccia, validating our interpretation of a broad, steeply dipping feeder system." — Roy Bonnell, CEO