MINEX Forum

Tag: drill results

  • Allied Critical Metals Showcases High-Grade Borralha Tungsten Drill Hits; Plans Updated Resource in Q4 2025

    Allied Critical Metals Showcases High-Grade Borralha Tungsten Drill Hits; Plans Updated Resource in Q4 2025

    Allied Critical Metals Inc. (CSE: ACM; OTCQB: ACMIF; FSE: 0VJ0) has released highlighted intercepts from its 2023–2024 drilling at the 100%-owned Borralha Tungsten Project in northern Portugal, ahead of an updated Mineral Resource Report targeted for Q4 2025. The results—previously included in the company’s July 31, 2024 NI 43-101 technical report—cover 3,685 m across 16 holes focused on the Santa Helena Breccia (SHB).

    Notable intercepts include:

    • Bo_Met_01: 106.0 m (true width 80.4 m) @ 0.21% WO₃ from 60.0 m, incl. 5.0 m (3.8 m true) @ 0.60% WO₃.

    • Bo_Met_02a: 23.0 m (21.9 m true) @ 0.53% WO₃ from 62.0 m.

    • Bo_RC_02: 108.0 m (98.3 m true) @ 0.22% WO₃ from 26.0 m, incl. 16.0 m (14.6 m true) @ 0.63% WO₃.

    • Bo_RC_11: 38.0 m (29.5 m true) @ 0.56% WO₃ from 112.0 m, incl. 10.0 m (7.8 m true) @ 1.75% WO₃.

    • Bo_RC_12: 20.0 m (19.3 m true) @ 0.50% WO₃ from 82.0 m, incl. 12.0 m (11.6 m true) @ 0.78% WO₃; plus 2.0 m (1.8 m true) @ 5.79% WO₃ from 182.0 m and 12.0 m (10.8 m true) @ 0.40% WO₃ from 238.0 m, incl. 4.0 m (3.6 m true) @ 1.12% WO₃.

    The company also highlighted a Sept 4, 2025 intercept at Borralha of 12.0 m @ 4.27% WO₃, including 6.0 m @ 8.39% WO₃ from 252.0 m downhole—one of the highest-grade tungsten hits reported in Western exploration, particularly for wolframite mineralization.

    Allied invested ~US$4.1 million in 2023–2024 exploration and is continuing 2025 drilling at SHB, with ~5,700 m from this year expected in the upcoming resource update. Current NI 43-101 resources at Borralha stand at 4.98 Mt @ 0.22% WO₃ (Indicated) and 7.01 Mt @ 0.20% WO₃ (Inferred). Management positions Borralha as a significant undeveloped tungsten asset in the West, potentially offering near-term supply outside China and Russia.

    QA/QC protocols included ALS sample preparation (Seville) and ICP-MS analyses (Loughrea), insertion of certified reference materials and duplicates at 5% each, and re-analysis of over-limit tungsten via W-XRF. The program comprised PQ diamond and RC drilling; core from metallurgical holes was split between Wardell Armstrong (met testwork) and ALS (assay). The scientific and technical information was approved by Qualified Person Vítor Arezes, BSc, MIMMM (QMR), VP Exploration.

    Allied emphasized the processing advantages of wolframite over scheelite—gravity/magnetic separation with lower capex/opex and higher recoveries—supporting project economics at grades typical of Western benchmarks. The company underscores strategic alignment with NATO-friendly supply chains amid concentrated global tungsten production.

  • Arras Minerals Reports Significant Gold Intersections at Elemes Project

    Arras Minerals Reports Significant Gold Intersections at Elemes Project

    Arras Minerals Corp. has announced further positive drill results from its ongoing exploration at the Elemes project in Northeast Kazakhstan. The latest findings reveal substantial gold and copper mineralization, reinforcing the project’s potential for large-scale development.

    A highlight of the program is drill hole EL24004 at the Berezski East target, which intersected a significant 304.8-meter zone grading 0.54 g/t gold-equivalent (AuEq), starting from just 1.2 meters below surface. Within this, a higher-grade section of 37.8 meters returned 1.50 g/t AuEq, suggesting the possibility of a sizeable open-pit gold deposit. A deeper zone within the same hole also yielded 50 meters at 0.45 g/t AuEq from a depth of 210 meters.

    At the K-Ozek target, drill hole EL24009 intersected several gold-bearing quartz veins, with a notable interval of 2 meters grading 1.55 g/t AuEq. This supports the presence of a high-grade low-sulphidation epithermal vein system. Meanwhile, drill hole EL24008 at a separate target returned 128 meters of mineralization grading 0.10 g/t AuEq, indicating broader but lower-grade mineralized zones.

    The Elemes project, located in the Bozshakol-Chingiz Magmatic Arc, is positioned near the Bozshakol Copper Mine, one of the largest copper-gold operations in the region. The Phase 1 drill program, which began in September 2024 and concluded in December, has focused on high-priority targets identified through extensive exploration, including geophysical surveys and soil sampling.

    Commenting on the results, Arras Minerals CEO Tim Barry expressed optimism about the project’s potential, particularly at Berezski East. “The continuous near-surface gold mineralization in EL24004 is a major step forward. The results indicate the presence of a large mineralized system that could support an open-pit operation,” Barry stated. President Darren Klinck added that the findings reinforce the Elemes project’s potential to host significant copper and gold mineralization.

    With these encouraging results, Arras Minerals plans to continue its exploration efforts, refining its understanding of the mineralized zones and identifying further opportunities for resource expansion.

  • Pan Global Resources posts Honda and Zarcita drill results, Spain

    Pan Global Resources posts Honda and Zarcita drill results, Spain

    Both targets are located 4km north of the La Romana copper-tin-silver discovery where ongoing drilling is extending mineralization at Romana West. Three follow-up drill holes have been completed at the Cañada Honda copper-gold target and an additional 13 drill holes have been completed at the Zarcita copper target.

    “The follow-up drilling at Cañada Honda confirms copper-gold mineralization coincident with a gravity anomaly, and extends the copper-gold mineralization from surface to 600m down-dip where it remains wide open. The new results highlight additional gold potential in the hanging wall. The drilling is at the eastern end of a 2km long east-west gravity target, indicating potential for the mineralization to significantly expand, making this a compelling, high priority target for additional drilling,” said Tim Moody, president & CEO.

    Currently, drilling at Escacena is focused along the highly prospective western extension (Romana West) of the La Romana copper-tin-silver discovery. In addition to the 12 geophysical targets that are being sequentially prioritized for drill testing, exploration on the 5,760-hectare Escacena Project continues to identify new drill targets. Initial assay results from the first set of drill holes at Romana West are expected soon.

    Cañada Honda Highlights – New drill hole results include drill hole CHD05 that returned 20 metres at 0.5% copper, 0.8 g/t gold, 1.9 g/t silver, including 5.1 metres at 1.3% copper, 0.5 g/t gold, 3.9 g/t silver (reported July 4, 2023); and new results including 2 metres at 1.6 g/t gold.

    CHD06 returned 7 metres at 0.6% Cu, 0.8 g/t Au, 6.5 g/t Ag, including 3 metres at 1.1 g/t Au, 5.5 g/t Ag. CHD07 returned 5 metres at 1.1 g/t Au, 0.2% Cu, 2.3 g/t Ag.

    Surface rock samples ranged  up to 9g/t gold. There are new untested DHEM conductor anomalies

    The follow-up drill program included holes CHD05, CHD06 and CHD07. Drill hole CHD05, testing 150 metres down-dip from previous drill hole CHD04 and approximately 330 metres down-dip from a historical mine tunnel, confirmed copper-gold mineralization coincident with the targeted gravity anomaly. CHD06, located 100m east of CHD05, intersected copper-gold mineralization coincident with a DHEM target. Hole CHD07 tested a resistivity low anomaly 190 metres down-dip from CHD05. Each of the drill holes also intersected additional gold mineralization in the hanging wall.

    DHEM in holes CHD06 and CHD07 confirmed new off-hole conductor anomalies for future drilling to test the potential for stronger sulphide mineralization.

    Anomalous gold assays from 28 rock grab samples at Cañada Honda indicate a gold anomaly extending 200 metres west of the historical mine tunnel and up-dip from the recent drilling, with several samples reporting >0.1 g/t Au up to 9.0 g/t Au.

    “The recent exploration drilling and mapping at Zarcita has highlighted a 2.1km long trend with anomalous copper, lead, zinc, gold and silver. The highest potential remains centered on the historical Zarcita mine workings where drilling has intersected narrow intervals of higher-grade copper within a wider zone of stockwork and alteration. While untested down-hole electromagnetic (DHEM) conductors, gravity and IP anomalies define prospective targets for future campaigns at Zarcita, the Romana West and Cañada Honda targets are key near-term priorities,” said Tim Moody, president & CEO.

    New Zarcita drill hole results include drill hole ZAD05 that intersected copper mineralization from surface, including 14.45 metres at 0.2% copper before entering a 10.5-metre assumed historical mine cavity. ZAD06 returned 5.5 metres at 0.7% Cu from 106.2 metres, including 1.85 metres at 1.6% Cu, 0.15 g/t Au, 2.4 g/t Ag.

    The most promising results are from a 600-metre section of the 2.1km trend, coincident with the Zarcita mine workings. This includes thin bands of semi-massive and massive sulphide intervals within a wider zone of stockwork veining and chlorite-sericite alteration. DHEM in holes ZAD01 and ZAD05 identified untested off-hole and below-hole anomalies, representing potential nearby stronger sulphide mineralization.

    The Escacena Project comprises a large, contiguous, 5,760-hectare land package controlled 100% by Pan Global in the east of the Iberian Pyrite Belt. Escacena is located near operating mines at Las Cruces and Riotinto and is immediately adjacent to the former Aznalcóllar and Los Frailes mines where Minera Los Frailes/Grupo Mexico is in the final permitting stage with construction anticipated to start in 2023. The Escacena Project hosts the La Romana copper-tin-silver discovery and a number of other prospective targets, including, Romana West, Cañada Honda, Bravo, Barbacena, El Pozo, Zarcita, Hornitos, La Jarosa, Romana Deep, Romana North, and San Pablo.