Northwire Canada EditionTuesday, July 28, 2026
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LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0% LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0%
Drill Results

Apex Provides Phase I Drilling Update at the Rift Rare Earth Project in Nebraska, U.S.A.

By The Northwire Desk — AI Analysis Mar 18, 2026 · 09:15 APXC · 2.02 Apex Critical Metals Corp.
APXC · Price

Executive Summary

  • Apex Critical Metals reports that Phase I drilling at its 100%‑owned Rift Rare Earth Project in Nebraska is more than halfway complete, with six holes finished (5,175 m total) and two additional holes underway.
  • Core logging, portable XRF analysis, and OTV/ATV structural surveys are providing detailed geological data that support the current model of carbonatite‑hosted REE mineralization.
  • Assay results from the first two sample shipments have been submitted to Activation Laboratories; results will be released in Q2 2026.

Key Details

  • Drilling Progress: 6 drill holes completed, 2 in progress; total depth drilled to date = 5,175 m, representing >50% of the originally planned Phase I meterage.
  • Target Lithology: All holes intersected the targeted carbonatite host lithology across significant intervals, confirming geological expectations.
  • Core Handling & Analysis: Core logged and sampled; portable XRF used on‑site for immediate lithological characterization. Two sample shipments sent to Activation Laboratories for geochemical assay (results pending).
  • Structural Surveys: Optical and acoustic televiewer (OTV/ATV) surveys conducted by DGI Geoscience on select holes to obtain detailed structural data for mineralization control interpretation.
  • Program Timeline: Phase I drilling expected to conclude in April 2026; results compilation and interpretation will guide the next exploration stage.
  • Future Reporting: Company plans to publish assay results throughout Q2 2026, aiming to define a new domestic REE deposit adjacent to NioCorp’s operation.
  • Qualified Person: Technical content reviewed by Nathan Schmidt, P.Geo., Qualified Person under NI 43‑101 (Dahrouge Geological Consulting Ltd.).

Notable Quotes

“With drilling now well past the halfway point of our Phase I program at the Rift Project, we are encouraged by the consistency with which the drillholes are intersecting the targeted carbonatite host unit… We look forward to reporting assay results throughout Q2/2026 as we take aim at defining a new domestic rare earth deposit…” – Sean Charland, CEO

Materiality Assessment: Non‑Material – Positive (provides operational update with no immediate financial impact, but indicates progress toward potential resource development).

Read the original news release →

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Financings May 18, 2026 · 18:21

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Financings