Northwire Canada EditionFriday, July 10, 2026
Northwire
S 0.165 +37.5% NNX 0.035 +0.0% ABX 52.04 −0.3% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.27 +11.9% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.51 +1.2% SGZ 0.040 −11.1% GRSL 0.307 −3.9% DEX 0.380 −1.3% WMS 0.040 +0.0% S 0.165 +37.5% NNX 0.035 +0.0% ABX 52.04 −0.3% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.27 +11.9% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.51 +1.2% SGZ 0.040 −11.1% GRSL 0.307 −3.9% DEX 0.380 −1.3% WMS 0.040 +0.0%
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.

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.
Read the original news release →

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