Allied Critical Metals Inc. (CSE: ACM; OTCQB: ACMIF; FSE: 0VJ0) has reported one of the highest-grade tungsten intercepts in Western exploration, marking a breakthrough at its 100%-owned Borralha Tungsten Project in northern Portugal.
Drill hole Bo_RC_14/25 returned 12.0 metres at 4.27% WO₃, including 6.0 metres at 8.39% WO₃ from 252 metres downhole. The result confirms visual observations of massive wolframite and highlights a high-grade breccia corridor within the mineralized system. Allied says the intercept validates its geological model and positions Borralha among Europe’s most promising undeveloped tungsten assets.
More than 2,500 metres of drilling across nine holes have been completed, with visible wolframite and chalcopyrite encountered in several holes. Drilling, temporarily paused in August due to fire season restrictions, resumed September 1 with two rigs, aiming to complete 4,200 metres in Phase 1. An additional 1,528 metres of fully funded drilling is scheduled for Q4 2025.
The campaign is designed to expand and upgrade resources under NI 43-101, collect material for metallurgical testing at 65% WO₃ concentrate grades, and deliver a Mineral Resource Estimate (Q4 2025) and Preliminary Economic Assessment (PEA) by year-end.
The update comes as tungsten prices surge to $545 USD/MTU, up 40% in four months, amid growing demand and tightening Chinese export controls.
“Allied’s exceptional tungsten grades place Borralha among Europe’s most exciting critical mineral projects,” CEO Roy Bonnell said. “We are confident this will become a cornerstone asset for Western supply chains at a time of heightened strategic need.”
Borralha, a past-producing tungsten district, is advancing through environmental permitting, with a final decision expected by late 2025 or early 2026. Tungsten is classified as a Critical and Strategic Raw Material by both the EU and the US, vital for defense, AI, and EV technologies.
