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Allied Critical Metals Confirms Ultra High-Grade Tungsten Zone at Borralha with 18.0 m @ 0.85 % WO3 including 4.0 m @ 3.72 % WO3

Drill Results

Allied Critical Metals Confirms Ultra High-

Grade Tungsten Zone at Borralha with 18.0 m

@ 0.85 % WO3 including 4.0 m @ 3.72 % WO3

Bo_RC_25 validates and expands the ultra high-grade zone first identified in Bo_RC_14

(

Released Sept. 4

), reinforcing Borralha's status as one of Europe's most significant tungsten

discoveries amid increasing global prices.

Vancouver, British Columbia--(Newsfile Corp. - November 12, 2025) - A

llied Critical Metals Inc.

(CSE: ACM) (OTCQB: ACMIF) (FSE: 0VJ0) ("

Allied

" or the "

Company

"), which is focused on its 100%

owned past producing Borralha and Vila Verde tungsten projects in northern Portugal, is pleased to

announce new assay results from the ongoing 2025 Reverse Circulation (RC) drilling campaign.

The latest results from holes

Bo_RC_25/25

,

Bo_RC_20/25

, and

Bo_RC_29/25

confirm exceptional

tungsten grades and strong mineralization continuity along the western dip of the Santa Helena Breccia

(SHB). These intercepts validate and extend the ultra high-grade tungsten zone first discovered in hole

Bo_RC_14, strengthening the broader mineralized system and supporting a significant expansion of the

upcoming Mineral Resource Estimate (MRE).

Tungsten price growth remains strong as it recently hit a high of USD $700/MTU APT, up roughly 70%

over the past six months, amid increasing demand for critical raw materials and tightening global supply.

Highlights:

Bo_RC_25/25:

18.0 m @ 0.85 % WO

from 270.0 m, including

4.0 m @ 3.72 % WO

from 270.0 m

Confirms and extends the very high-grade zone previously identified in Bo_RC_14 within the

western dip of SHB.

Bo_RC_20/25:

18.0 m (16.4 m TW) @ 0.29 % WO

from 170.0 m, including

6.0 m (5.5 m TW) @ 0.76 % WO

from 170.0 m

Confirms high-grade lenses within the upper SHB flank, consistent with geometry predicted in

the 2024 model.

Bo_RC_29/25:

10.0 m (7.9 m TW) @ 0.27 % WO

from 96.0 m, including

4.0 m (3.2 m TW) @ 0.45 % WO

from 96.0 m

Confirms the mineralized system westward along strike.

Roy Bonnell, CEO & Director of Allied commented,

"Borralha continues to outperform

expectations. The confirmation of the very high-grade tungsten zone from Bo_RC_14 by Bo_RC_25

underscores the strength and continuity of the Santa Helena Breccia system on the Borralha property.

These new results further demonstrate the potential for significant resource expansion and underscore

Borralha's importance as a cornerstone tungsten asset for Allied and for Portugal."

Vítor Arezes, VP Exploration and Qualified Person, added:

"With these new intercepts, we now

have clear evidence that the high-grade tungsten structure extends both down-dip and laterally.

Bo_RC_25 not only confirmed the Bo_RC_14 intercept but expanded it - an important validation of

our updated geological model and structural interpretation."

Geological Context

Hole

Bo_RC_25/25

was drilled approximately 35 m down-dip from Bo_RC_14, intersecting a broad

breccia-hosted wolframite zone that confirms both grade and structural continuity of the previously

reported ultra high-grade intercept.

Hole

Bo_RC_20/25

targeted the central SHB corridor and successfully intersected thick, well-developed

mineralization consistent with the interpreted feeder geometry of the 2024 model.

Hole

Bo_RC_29/25

, positioned farther northwest, extended mineralization along the dip direction,

linking the current resource envelope with the recently identified NW expansion zone.

Together, these holes define a continuous, steeply dipping, high-grade backbone that remains open

both along strike and at depth - an important step toward the forthcoming

MRE update (Q4 2025)

and

Preliminary Economic Assessment (PEA, Q1 2026)

.

Drill Program Progress

To date, 4,210 metres of drilling have been completed from the initially planned 5,625-metre Phase 1

campaign. The program focus was:

Expanding and upgrading the current NI 43-101 Mineral Resource Estimate (MRE), expected in

Q4 2025

.

Supporting a robust

Preliminary Economic Assessment (PEA)

.

Advancing data integration for mine design and the ongoing EIA review.

Next Steps

The Phase 1 drilling campaign and final assay results are now complete. Step-out holes successfully

tested both the western and northern extensions of the Santa Helena Breccia, while infill drilling refined

the core resource model. These results will continue to inform the forthcoming updated Mineral Resource

Estimate (MRE) and subsequent economic studies.

Table 1 - Drill hole Collar Locations and Status

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/11632/274009_acmtable1.jpg

Table 2 - Current Campaign Interval Highlights Update

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/11632/274009_1f456d0b444a4b5a_002full.jpg

Figure 1 -

Drill collar plan showing planned holes for the completed 4,210 m RC campaign at the

Borralha Project. The red outline delineates the main mineralized breccia zone.

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/11632/274009_1f456d0b444a4b5a_003full.jpg

Figure 2 -

Geological Cross-Section for hole Bo_RC_27/25.

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/11632/274009_1f456d0b444a4b5a_004full.jpg

Sampling, QA/QC and Analytical Notes

Drilling was carried out using a reverse-circulation (RC) rig equipped with a rotary splitter integral to the

cyclone to ensure representative sampling. Samples were collected at 2.0 m intervals, yielding

approximately 4-6 kg per primary sample. Each sample bag was pre-labeled with a unique sequence ID

corresponding to the down-hole interval and to its associated reject sample.

Certified Reference Materials (CRMs), coarse blanks, and field duplicates were inserted into the sample

stream at a combined frequency of 10 % (5 % CRMs, 3 % blanks, 2 % duplicates). The sequence of

QA/QC samples was randomized to avoid bias.

All samples were sealed at the drill site and transported by company personnel to the Borralha logging

facility for secure storage prior to shipment. Sample batches were dispatched by courier directly to ALS

Seville (Spain), an ISO/IEC 17025-accredited preparation laboratory. At ALS Seville, samples were

crushed to 70 % passing 2 mm, riffle-split to ~250 g, and pulverized to 85 % passing 75 µm using

hardened steel.

Pulverized pulps were analyzed at ALS Loughrea (Ireland) using the ME-MS81 (lithium-borate fusion

with ICP-MS finish) multi-element method; over-limit tungsten results (> 1 % WO

) were re-assayed by

W-XRF15b (lithium-borate fusion with XRF finish).

QA/QC results are reviewed on a batch-by-batch basis. All CRMs and blanks for the batches reported

herein returned values within acceptable control limits, and field duplicates showed strong

reproducibility. No issues were identified that would materially affect the accuracy or reliability of the

data.

The primary disclosure in this news release refers to down-hole length and grade; true widths are

estimated where possible based on current geological interpretation.

To the best of the Company's knowledge, no drilling, sampling, recovery, or other factors have been

identified that would materially affect the accuracy or reliability of the data referenced herein.

Qualified Person

The scientific and technical information contained in this release has been reviewed and approved by

Mr. Vítor Arezes, BSc, MIMMM (QMR), Vice-President Exploration of Allied Critical Metals, a Qualified

Person under NI 43-101. Mr. Arezes is not independent of the Company as he is an officer of Allied

Critical Metals Inc.

About the Borralha Tungsten Project

Allied's Borralha Tungsten Project is one of the largest and most historically significant past-producing

tungsten operations in Western Europe. Located in northern Portugal, Borralha was once the second-

largest tungsten mine in the country and supplied strategic materials to European and Allied industries

during the 20th century, including both World Wars and the Cold War period.

Today, the project is undergoing a modern revitalization based on a combination of scale, grade,

metallurgy, and jurisdictional strength. Mineralization is dominated by coarse-grained wolframite, which

is highly desirable in global markets due to its favorable processing characteristics and higher

recoveries compared to scheelite-bearing deposits.

Borralha benefits from existing infrastructure, shallow mineralization, and a simple processing route,

making it one of the most advanced tungsten development projects in the European Union. These

attributes are particularly important in the context of the EU Critical Raw Materials Act (2024/1252) and

NATO strategic autonomy initiatives, both of which explicitly identify tungsten as a defense-critical raw

material subject to severe supply risk.

With the EU currently dependent on over 80% of its tungsten imports from China, Borralha represents a

rare and strategic opportunity to develop a secure, domestic, and NATO-aligned supply source. As

Allied continues to advance drilling, resource expansion, and economic studies, Borralha is poised to

play a central role in reshaping Europe's tungsten landscape-supporting both decarbonization

technologies and defense-industrial resilience.

About Allied Critical Metals Inc.

Allied Critical Metals Inc. (CSE: ACM) (OTCQB: ACMIF) (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 with advantageous wolframite tungsten mineralization. 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, Russia and North

Korea represent over 87% of the total global supply and reserves. Tungsten is used in a

variety of industries such as defense, automotive, manufacturing, electronics, and energy.

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

Also visit us at:

LinkedIn:

https://www.linkedin.com/company/allied-critical-metals-inc/

X:

https://x.com/@alliedcritical/

Facebook:

https://www.facebook.com/alliedcriticalmetalscorp/

Instagram:

https://www.instagram.com/alliedcriticalmetals/

The Canadian Stock Exchange does not accept responsibility for the adequacy or accuracy of

this release.

Cautionary Statement Regarding Forward-Looking Information

This news release contains "forward-looking statements", including with respect to the use of proceeds.

Wherever possible, words such as "may", "would", "could", "should", "will", "anticipate", "believe", "plan",

"expect", "intend", "estimate", "potential for" and similar expressions have been used to identify these

forward-looking statements. These forward-looking statements reflect the current expectations of the

Company's management for future growth, results of operations, performance and business prospects

and opportunities and involve significant known and unknown risks, uncertainties and assumptions,

including, without limitation, those listed in the Company's Listing Statement and other filings made by

the Company with the Canadian securities regulatory authorities (which may be viewed under the

Company's profile at

www.sedarplus.ca

). Examples of forward-looking statements in this news release

include, but are not limited to, statements regarding the proposed timeline and use of proceeds for

exploration and development of the Company's mineral projects as described in the Company's Listing

Statement, news releases, and corporate presentations. Should one or more of these risks or

uncertainties materialize or should assumptions underlying the forward-looking statements prove

incorrect, actual results, performance or achievements may vary materially from those expressed or

implied by the forward-looking statements contained in this news release. These factors should be

considered carefully, and prospective investors should not place undue reliance on the forward-looking

statements. This list is not exhaustive of the factors that may affect any of the Company's forward-looking

statements and reference should also be made to the Company's Listing Statement dated April 23,

2025 and news release dated May 16, 2025, and the documents incorporated by reference therein, filed

under its SEDAR+ profile at

www.sedarplus.ca

for a description of additional risk factors. The