Northwire Canada EditionSunday, September 27, 2026
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GOLD 4321.20 +0.5% SILVER 64.80 +1.2% COPPER 6.77 −0.3% OIL 92.41 −2.3% PALLADIUM 1276.00 −0.5% SMP 0.055 +0.0% NVX 1.10 +12.2% AORO 0.015 +0.0% HAWK 0.025 +25.0% LOD 0.400 +0.0% SBMI 0.135 +3.9% PA 0.160 +3.2% BARU 0.060 +9.1% MKA 0.800 +8.1% GCN 0.030 +0.0% IAU 2.48 +1.6% CS 14.54 −0.2% LGO 0.750 −22.7% REVX 1.99 +19.2% OMI 0.320 +12.3% VLD 0.430 +0.0% GOLD 4321.20 +0.5% SILVER 64.80 +1.2% COPPER 6.77 −0.3% OIL 92.41 −2.3% PALLADIUM 1276.00 −0.5% SMP 0.055 +0.0% NVX 1.10 +12.2% AORO 0.015 +0.0% HAWK 0.025 +25.0% LOD 0.400 +0.0% SBMI 0.135 +3.9% PA 0.160 +3.2% BARU 0.060 +9.1% MKA 0.800 +8.1% GCN 0.030 +0.0% IAU 2.48 +1.6% CS 14.54 −0.2% LGO 0.750 −22.7% REVX 1.99 +19.2% OMI 0.320 +12.3% VLD 0.430 +0.0%
Drill Results Routine +

Apex Announces Drill Program Expansion and H2 Exploration Plans at the Rift Rare Earth Project

Apex Critical Metals Funds Drill Expansion at Rift as MRE Timeline Stalls Into 2027; Dilution Risk Outpaces Exploration Progress

Executive Summary
  • Apex Critical Metals announced a significant expansion of its 2026 drill program at the Rift Rare Earth Project in Nebraska, targeting 22,000–25,000 meters across 34–36 holes.
  • Approximately 12,000 meters across 18 drillholes have been completed to date, with assays from six holes confirming high REO grades and exceptional NdPr enrichment exceeding 30% across two distinct mineralized horizons (Trinity and Neo Zones).
  • The expansion is fully funded by the $15,000,500 LIFE offering that closed on June 2, 2026.
  • Preliminary mineralogy and metallurgical test work has been initiated with Actlabs and SGS Lakefield to support an inaugural Mineral Resource Estimate (MRE) targeted for Q1 2027.
  • Drill strategy includes step-out and infill holes to test mineralization open in all directions, with QA/QC protocols maintained at standard industry levels.
Material Impact
  • The announcement is a direct follow-up to the June 2 financing and previous drilling updates. It confirms capital deployment and maintains the stated exploration timeline.
  • No new geological surprises or material changes to the project's valuation drivers are present. The NdPr enrichment and high-grade intercepts align with prior May 2026 releases.
  • The MRE timeline remains unchanged at Q1 2027, meaning the company is still 6+ months away from a resource definition that could materially alter the investment thesis.
  • The news is incremental, expected, and routine in the context of a pre-resource exploration company burning through a recently raised capital base.
APXC · Price
Company Overview
  • Apex Critical Metals Corp. is a critical minerals exploration company focused on carbonatite-hosted rare earth elements (REE) and niobium.
  • Flagship Project: Rift Rare Earth Project in Nebraska, located within the Elk Creek Carbonatite Complex adjacent to NioCorp Developments Ltd. The project covers approximately 3,500 acres.
  • Secondary Projects: Cap Critical Minerals Project in British Columbia (niobium/REE discovery) and Lac Le Moyne Project in Quebec (new carbonatite discovery with niobium and REE surface sampling).
  • The company is positioning itself as a domestic U.S. REE explorer, capitalizing on geopolitical supply chain diversification away from China.
Read the original news release →

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