ALLIED CRITICAL METALS INC

VILA VERDE
TUNGSTEN-TIN PROJECT

The Vila Verde Project is advancing rapidly towards the execution of its Experimental Mining License with the Portuguese Government (DGEG), having secured positive endorsements from the local municipalities, underscoring strong regional support for the project.

ALLIED CRITICAL METALS INC

VILA VERDE TUNGSTEN-TIN
PROJECT

Project Highlights

Vila Verde Tungsten-Tin Project

  • Historical resource of 7.3M tonnes with a cut-off of 0.05% WO3
  • 3x Borralha land package size
  • Leverage prior pre-existing quarry operation could fastrack permitting process

Offtake Agreements 

  • LOI signed with Global Tungsten & Powders based in Pennsylvania, USA for the sale of Tungsten Concentrate
  • In discussions with other global refineries

PERMITTING

  • Mineral license being converted from exploration license to an experimental mining
  • Vila Verde is 45km southeast of Borralha Tungsten Project.
  • 17 diamond drilled holes totaling 2,103m at the Vila Verde project area, revealed a 2.1km x 1km tungsten-tin mineralized system at Cumieira zone and a 1km x 500m tungsten-tin mineralized system at Porqueira.

  • Initial preliminary historical inferred resource of 7.3 million tonnes mineralized material with a cut-off of 500 gpt WO3, including 4.0 million tonnes WO3 grading 1,347 gpt WO3 and 264 gpt Sn at Cumieira deposit and 3.3 million tonnes grading 961 gpt WO3 at Porqueira deposit [see disclaimer below]

Technical Report

Disclaimer

Disclosure for the Vila Verde Project contains references to historical resources. Accordingly, the author of the Vila Verde Technical Report (or another independent qualified person, as defined under NI 43-101) would need to obtain updated new assay analysis for the samples verified from the applicable drill holes as well as additional drilling and assays to verify the previous assay analysis and complete the corresponding resource estimate to determine a current mineral resource. An independent qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves and neither the author nor the Company is treating the historical estimate as current mineral resources or mineral reserves.

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