Allied Critical Metals announced positive assay results from four additional drill holes at the Santa Helena Breccia deposit within the Borralha Tungsten Project in Portugal. The drilling confirms broad tungsten mineralization with internal higher-grade zones, supporting the existing mineral resource model and advancing the project toward higher confidence resource categories and feasibility studies. Concurrent exploration at the nearby Venise Breccia aims to identify additional mineralized systems, potentially expanding the project's scope. These results underpin ongoing technical studies including mine planning, geotechnical and metallurgical work, positioning Borralha for future development.
Allied Critical Metals' Borralha Tungsten Project news comes amid a Basic Materials sector where 25 of 31 US stocks rose today. For readers following this sector, here is Pluang's market snapshot as of Sep 18, 2026 11:11 WIB: BHP Billiton Limited (BHP) gained 3.39% to USD 86.99 with 91% buy orders and a typical hold time of 141 days; Vale SA (VALE) rose 2.69% to USD 14.51 with 45% buy orders and a 108-day hold; Freeport-McMoRan Inc (FCX) increased 2.53% to USD 71.01 with 83% buy orders and a 68-day hold time.
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