Allied Critical Metals Commences 5,000 Metre Drill Program at its Borralha Tungsten Project
ALLIED CRITICAL METALS COMMENCES 5,000 METRE DRILL PROGRAM AT ITS
BORRALHA TUNGSTEN PROJECT
Vancouver, British Columbia – June 2, 2025: Allied Critical Metals Inc. (CSE: ACM | FSE:0VJ0) (“Allied”
or the “Company”), , which is focused on its 100% owned past producing Borralha and Vila Verde (Vale
das Gatas) tungsten projects in northern Portugal, is pleased to announce the commencement of a fully-
funded exploration program that will include up to 5,000 metres of core drilling at the Company’s flagship
Borralha Tungsten Project (the “Property” or “Borralha”), located in northern Portugal.
Roy Bonnell, CEO and Director commented, “The launch of this 5,000 -metre drilling campaign marks a
major milestone for Allied and the continued advancement of the Borralha Project. Our experienced
geological team in Portugal expects the results to meaningfully expand the current resource base, paving
the way for a more robust and valuable project. All newly defined tonnage will be incorporated into an
updated Preliminary Economic Assessment (PEA), scheduled for release this fall. In parallel, advanced
metallurgical optimization test work will be conducted at Wardell Armstrong’s laboratories in the UK,
focusing on enhancing metal recoveries and concentrate grades. These efforts are aimed at further
improving the economic performance of the project and delivering a higher-quality concentrate to meet
the demanding standards of end-users.”
The Borralha project is an advanced -stage brownfield tungsten project located in northern Portugal.
Historically mined between 1904 and 1985, it produced over 10,280 tonnes of high -grade wolframite
concentrate averaging 66% WO₃ (as described in the Company's Technical Report, referenced below). The
Borralha p roject is now positioned for near -term, low -cost production with modern exploration
confirming significant remaining mineralization.
Key highlights include:
Current NI 43-101 Resources (as of March 2024):
● Indicated: 4.98 million tonnes at 0.22% WO₃, 762 g/t Cu, and 4.8 g/t Ag.
● Inferred: 7.01 million tonnes at 0.20% WO₃, 642 g/t Cu, and 4.4 g/t Ag.
The Company has completed its maiden mineral resource estimate for the Property described in its
technical report entitled, “Technical Report on the Borralha Property, Parish of Salto, District of Vila Real,
Portugal” dated effective July 31, 2024 (the “Technical Report”), which is available under the Company's
profile on SEDAR+ at www.sedarplus.ca.
Recent Exploration: Drilling from 2023 –2024 returned strong intercepts, including up to 10m at 1.75%
WO₃ and multiple longer intervals averaging over 0.2% WO₃, as reported in the Technical Report.
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Proposed 2025 RC Drilling Program:
The following figure shows the plan of the proposed 2025 RC drilling program and an example of the
proposed sectional drilling.
Figure 1: Proposed 2025 RC Drilling Program and Example of Proposed Sectional Drilling
Permitting: The project holds a Mining Rights Concession License and is undergoing environmental
assessment to transition to full -scale mining. Current permitting allows bulk sampling of up to 150,000
tonnes per annum.
Infrastructure: Located near the major Portuguese cities of Braga and Porto, it benefits from excellent
infrastructure including roads, power, water, and skilled labor.
Strategic Positioning: Borralha represents one of the few near-term, non-Chinese tungsten production
opportunities globally, strategically aligning with the West’s increasing demand for critical raw
materials amid heightened supply chain vulnerabilities. With Borralha and other national assets,
Portugal is poised to emerge as one of Europe’s leading suppliers of tungsten , reinforcing its role in
supporting the continent’s industrial resilience and green transition.
This project forms the cornerstone of Allied’s strategy to become a leading Western supplier of tungsten,
a metal critical to defense, EVs, semiconductors, and industrial manufacturing.
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Qualified Person
Doug Blanchflower, P.Geo . is a Consulting Geologist with Minorex Consulting and has reviewed and
approved the scientific and technical information in this news release and is a Registered Professional
Geoscientist in good standing with the Association of Professional Engineers and Geoscientists of British
Columbia (No. 19086), and is independent from ACM and its mineral properties and is a qualified person
for the purposes of National Instrument 43 -101—Standards of Disclosure for Mineral Projects .
Mr. Blanchflower is independent of the Company and its mineral properties.
ON BEHALF OF THE BOARD OF DIRECTORS
"Roy Bonnell"
Roy Bonnell
CEO and Director
For further information or investor relations inquiries, please contact:
Dave Burwell
Vice President, Corporate Development
Email: [email protected]
Tel: 403-410-7907
Toll Free: 1-888-221-0915
ABOUT ALLIED CRITICAL METALS
Allied Critical Metals Inc. (ACM:CSE | FSE:0VJ0) is a Canadian -based mining company focused on the
expansion and revitalization of its 100% owned past producing Borralha Tungsten Project and the Vila
Verde Tungsten Project in northern Portugal. Tungsten has been designated a critical metal by the United
States and other western countries, as they are aggressively seeking friendly sources of this unique metal.
Currently, China and Russia represent approximately 90% of the total global supply and reserves. The
Tungsten market is estimated to be valued at approximately U.S.$5 to $6 billion and it is used in a variety
of industries such as defense, automotive, manufacturing, electronics, and energy.
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