Allied Critical Metals has closed a US$15 million second tranche of a private placement to fund drilling at Borralha and development at Vila Verde. Additionally, the Borralha Tungsten Project has been designated an EU Strategic Project, providing streamlined permitting and enhanced financing access.
Savannah Resources has raised $30 million through a share issuance to advance the Barroso lithium project in Portugal. The funds will support engineering, permitting, and early development work following a positive phase-one definitive feasibility study.
Allied Critical Metals reported 2026 infill drilling results from the Santa Helena Breccia at the Borralha Project, featuring broad tungsten intercepts with internal higher-grade zones. The results reinforce the existing geological model and support ongoing resource conversion and technical de-risking for the project's advancement toward feasibility.
Savannah Resources announced strong interim results, highlighted by the completion of a Definitive Feasibility Study for its Barroso Lithium Project in Portugal. The DFS outlines robust economics, including a post-tax NPV8 of US$913 million and a 43.2% IRR, supported by a maiden JORC Probable Ore Reserve of 20.0 Mt at 0.99% Li₂O and an updated Mineral Resource of 39.2 Mt at 1.05% Li₂O. The company also secured a significant non-reimbursable Portuguese State grant of up to €110 million and is progressing towards a Final Investment Decision in early 2027.
Allied Critical Metals has reported 2026 infill drilling results from the Santa Helena Breccia at the Borralha Project in Portugal. The results from four holes (Bo_14/26, Bo_16/26, Bo_18/26, and Bo_19/26) intersect broad tungsten mineralization with internal higher-grade zones, supporting resource conversion and mine planning efforts.
Allied Critical Metals reported 2026 infill drilling results from the Santa Helena Breccia at the Borralha Project, featuring broad tungsten intercepts. The drilling supports resource conversion and mine planning as the project advances toward feasibility, while exploration continues at the newly discovered Venise Breccia.
Allied Critical Metals has reported 2026 infill drilling results from the Santa Helena Breccia at the Borralha Project in Portugal. The results include several broad tungsten intercepts with internal higher-grade zones, reinforcing the geological model and supporting resource conversion and mine planning.
Savannah Resources has signed three benefit-sharing agreements with local communities near its Barroso lithium project in Portugal to secure land access and community participation. The project, a strategic European lithium asset, recently saw its reserve estimate increase by 40% to over 39 million tonnes.
Avrupa Minerals has filed a NI 43-101 Technical Report for an initial Mineral Resource Estimate at the Sesmarias Copper-Zinc VMS project in Portugal. The maiden resource consists of 6.5 million tonnes of Inferred mineralization grading 2.9% Zn, 1.2% Pb, 0.6% Cu, and 35 g/t Ag.
Avrupa Minerals has announced its first NI 43-101 compliant Mineral Resource Estimate for the Sesmarias Copper/Zinc Project in Portugal. The maiden resource consists of 6.5 million tonnes of Inferred material grading 2.9% Zn, 1.2% Pb, 0.6% Cu, and 35 g/t Ag.
