Drill Results Routine +

Apex Drills 14.9 m of 5.09 % REO and 12.3 m of 5.63 % REO with > 2.50 % REO Intercept Over 191.9 m in the Trinity Zone at the Rift Rare Earth Project

Drill results confirm geological continuity, but valuation remains tethered to exploration risk and capital dilution.

By The Northwire Desk — AI Analysis Jun 22, 2026 · 03:01 APXC · 1.51 Apex Critical Metals Corp.

Executive Summary

Apex Critical Metals released assay results from four drillholes (RIFT26-007, 008, 009, 010) at its Rift Rare Earth Project in Nebraska.
The Trinity Zone footprint was expanded by 120 m east and 400 m down-dip.
Key intercepts include 191.9 m at 2.63% REO and 72.6 m at 2.03% REO, with high-grade intervals up to 5.63% REO.
Mineralization is strongly associated with hematite-altered carbonatite and remains open in all directions.
A deeper "Neo Zone" shows elevated NdPr distributions (30-50%), suggesting a multi-horizon REE system.
Two rigs are active through summer 2026, targeting 22,000–25,000 m of total drilling.
The company targets an inaugural Mineral Resource Estimate (MRE) for Q1 2027.
QA/QC protocols are standard, with samples analyzed by Actlabs using ICP/MS and XRF.

Material Impact

The release confirms and expands the high-grade Trinity Zone, validating the geological model established in prior drill results.
The intercepts are consistent with management's previous announcements and do not introduce unexpected grade or tonnage surprises.
The expansion of the Neo Zone with high NdPr enrichment adds strategic value, as neodymium and praseodymium are critical for permanent magnets and defense applications.
The announcement is operational in nature, advancing the path to the targeted MRE. It does not alter the company's near-term cash flow profile or trigger an immediate re-rating.
The market has already priced in the active drilling campaign and the June financing. This update is a logical continuation of the exploration program.

APXC · Price

Company Overview

Apex Critical Metals is an exploration-stage company focused on rare earth elements (REE) and niobium projects in North America.
Flagship asset: Rift Rare Earth Project in Nebraska, hosted in the Elk Creek Carbonatite Complex. The project targets high-grade REO mineralization and NdPr enrichment.
Secondary assets: Cap Critical Minerals Project in British Columbia (niobium discovery) and Lac Le Moyne Project in Quebec (carbonatite discovery).
The company is advancing toward a maiden MRE for the Rift Project, leveraging private land ownership in Nebraska to streamline permitting.
Strategic positioning aligns with growing demand for domestic REE supply chains, particularly for neodymium and praseodymium used in EVs, wind turbines, and defense applications.

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