Drill Results
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.

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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Jun 30, 2026 · 03:01