en.Wedoany.com Reported - Allied Critical Metals Inc. has received the first drill hole assay results from its 2026 drilling campaign at the Borralha tungsten project in northern Portugal, intersecting a broad, high-grade tungsten mineralized zone consistent with the current geological and mineral resource model. These results confirm the continuity of the Santa Helena breccia deposit, providing foundational support for the ongoing preliminary economic assessment.

Drill hole Bo_13/26 intersected 23.8 meters at 0.68% WO₃ from 24.0 meters, including a higher-grade interval of 4.0 meters at 2.96% WO₃ from 44.0 meters. Additionally, a broad mineralized corridor of 57.6 meters at 0.30% WO₃ from 24.0 meters demonstrates the continuity of the mineralized system. These results confirm the broad mineralized corridor that supports the planned large-scale underground mining method, a key factor in the economic profile of the recent Borralha project preliminary economic assessment.

The 20,000-meter drilling campaign at the Borralha project is currently accelerating, with six rigs in operation and a seventh expected to arrive shortly. While advancing development drilling at Santa Helena, additional exploration drilling is also underway at the newly discovered Venise breccia to assess the potential of this area, which is not yet included in the current resource estimate and mine plan. The company plans to provide updates as further assay results become available.