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New drilling confirms broad tungsten mineralization at Borralha, advancing project toward feasibility studies.

Market News
17 Sep 2026
Newsfile Corp
View Source
Bullish
New drilling confirms broad tungsten mineralization at Borralha, advancing project toward feasibility studies.

Allied Critical Metals announced positive assay results from four new drill holes at the Santa Helena Breccia within the Borralha Tungsten Project in Portugal. These results confirm broad tungsten mineralization with higher-grade zones, supporting the geological model and advancing the project beyond the preliminary economic assessment (PEA). The drilling aims to increase resource confidence, support mine planning, and provide technical data for feasibility studies. Concurrent exploration at the nearby Venise Breccia targets potential resource expansion beyond the current PEA footprint, reflecting a dual strategy to de-risk development and explore district-scale growth.

Allied Critical Metals' Borralha Tungsten Project is highlighted alongside Pluang's Basic Materials sector data. For readers following this sector, here is Pluang's market snapshot as of Sep 18, 2026 03:24 WIB: out of 31 priced US stocks, 26 rose and 5 fell. Notable movers include Harmony Gold Mining Co. (HMY) with a price of USD 20.00 and a 1-day change of +4.03%, Sibanye Stillwater Ltd (SBSW) at USD 12.06 with a +3.97% change, and Wheaton Precious Metals Corp (WPM) at USD 152.49 with a +3.93% change. Typical hold times range from 44 to 64 days, with strong buy order activity for SBSW and WPM at 100%.

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