Projects – Borralha – ALLIED CRITICAL METALS

ALLIED CRITICAL METALS CORP

Borralha Tungsten Project

Unique high grade and metallurgical properties differentiates the project helping to make it a low-cost producer, as this deposit is ferberite, para-magnetic version of tungsten with initial metallurgy showing 95% recovery.

ALLIED CRITICAL METALS

BORRALHA TUNGSTEN
PROJECT

Project Highlights

Location

~3.8 KM2 land package located within a historical mining jurisdiction in Portugal, 80km northeast of Porto, which produced an estimated 10,280 tonnes wolframite concentrate between 1904 and 1986.

Infrastructure

Excellent infrastructure on site including roads, hydroelectric power, water and access to local skilled workforce.

Mining License

Mining License, which permits production of up to 150,000 tonnes of mineralized material per year until the full-scale mining license is granted following completion of the feasibility study.

METALLURGICAL PROPERTIES

Unique high grade and metallurgical properties differentiates the project helping to make it a low-cost producer, as this deposit is ferberite, para-magnetic version of tungsten with preliminary metallurgical test results show 95% recoveries.

METALLURGICAL PROPERTIES

Unique high grade and metallurgical properties differentiates the project helping to make it a low-cost producer, as this deposit is ferberite, para-magnetic version of tungsten with preliminary metallurgical test results show 95% recoveries.

Brownfield project with past production and past production at northern side of the Borralha property from 1904-1985 of over 10,280 tonnes wolframite concentrate with an average grade of 66% WO3.
13 drill holes totalling 1,918m were drilled during 2013-17 on Santa Helena Breccia (“SHB”) and returned grades of 0.06% to 0.29% WO3.
Central and Southern area of SHB accounts for more than 70% of known mineralization with recent drilling (incl. verification assays in 2023) returning grades ranging up to 188m of 0.29% WO3.
In addition to SHB, there’s still remains significant exploration potential of sub-horizontal and other un-exploited areas in vicinity of the original Borralha mining area.
Initial preliminary historical inferred resource of approx. 18 million tonnes mineralized material with a cut-off of 500 gpt WO3 grading 1,420 gpt WO3 with a density of 2.70 g/cm3 [1]
OBJECTIVE #1: Updated mineral resource estimate by December 2023
OBJECTIVE #2: Environmental Impact Assessment by February 2024 and Preliminary Economic Assessment by March 2024
OBJECTIVE #3: Definitive Feasibility Study by Q1 2025 with Exploitation Permit
OBJECTIVE #4: Large scale commercial production in Q3-Q4 2025