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Borralha Project drilling confirms high-grade tungsten zones, advancing development and exploration in Portugal.

Market News
16 Jul 2026
Newsfile Corp
View Source
Bullish
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Allied Critical Metals announced positive assay results from its 2026 drilling campaign at the Santa Helena Breccia, part of the Borralha Tungsten Project in Portugal. The first drill hole confirmed broad zones of high-grade tungsten mineralization, supporting the project's recent Preliminary Economic Assessment (PEA) and planned bulk underground mining. The company is conducting a 20,000-metre drilling program with six rigs active, focusing on resource validation and exploration, including at the newly discovered Venise Breccia, which offers potential for district-scale growth. Further assay results are expected to enhance confidence in the resource and support future feasibility studies.

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