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DeepRock Minerals ( (TSE:ACM) ) has provided an update.
Allied Critical Metals Inc. announced positive assay results from its ongoing drilling campaign at the Borralha Tungsten Project in northern Portugal. The results from drill holes Bo_RC_21 and Bo_RC_26 indicate significant mineralization, supporting both lateral expansion and resource model refinement. These findings enhance the company’s confidence in the project’s development potential, with plans to expand the Mineral Resource Estimate and develop a Preliminary Economic Assessment by Q4 2025. The drilling program’s progress suggests potential for both immediate growth and long-term viability, which could positively impact Allied’s positioning in the tungsten market.
More about DeepRock Minerals
Allied Critical Metals Inc. is a company focused on the exploration and development of tungsten projects, specifically the Borralha and Vila Verde projects in northern Portugal. The company’s primary focus is on expanding its resource base and enhancing its economic assessments for these projects.
Average Trading Volume: 244,517
Technical Sentiment Signal: Buy
Current Market Cap: C$2.28M
For a thorough assessment of ACM stock, go to TipRanks’ Stock Analysis page.