Apex Critical completes Rift relogging, resampling

Executive Summary

• Apex Critical Metals Corp. has completed its 2025 re-logging and re-sampling program of preserved historical drill core from the Rift rare earth project in Nebraska, establishing a modern analytical baseline for the carbonatite system.
• The company is currently compiling and interpreting assay results from Actlabs, with geological modeling and drill targeting for 2026 expected to be refined based on this new data.
• The release also details administrative updates, including an extended investor relations agreement with Rumble Strip Media and the grant of stock options and restricted share units to a consultant.

Key Details

• Program Scope: Relogging of prioritized Molycorp drill holes within Apex's Rift land position; modern geological descriptions to verify lithologies, alteration, and mineralized intervals; photography of drill core; and selection/collection of samples for multielement analysis.
• Analytical Methods: Samples submitted to Actlabs for fusion ICP-MS, ICP-OES, and XRF (X-ray fluorescence) analysis.
• Timeline: Initial data review and modeling are underway; assay results are expected to be compiled and interpreted during Q1 2026.
• Strategic Impact: The modern relogging and assay data aim to improve geological/structural interpretations, validate historical intervals, support 2026 drill targeting, and progress toward potential future resource modeling after planned phased drilling in 2026.
• Historical Context: Historical drilling by Molycorp in the 1970s/80s identified REE and niobium-bearing carbonatite, but these results are non-compliant with NI 43-101. The new program uses core preserved by the University of Nebraska-Lincoln.
• Investor Relations Agreement: Apex extended its agreement with Rumble Strip Media Inc. for social media, marketing, and consulting services.
  • Cost: $1 million total, with $250,000 paid upfront.
  • Term: Commences Dec. 5, 2025, for a three-month term (text states ending March 5, 2025, which appears to be a typo for 2026 given the start date).
• Equity Grants:
  • Stock Options: 75,000 incentive stock options granted to a consultant.
    • Exercise Price: $2.50 per share.
    • Vesting: Six months from grant date.
    • Expiration: Dec. 5, 2027.
    • Hold Period: Four months and one day from issuance.
  • Restricted Share Units (RSUs): 25,000 RSUs granted to the same consultant.
    • Vesting: Six months from grant date.
• Qualified Person: Nathan Schmidt, PGeo, of Dahrouge Geological Consulting Ltd. reviewed the technical content.

Notable Quotes

• "Completing this program is an important milestone for Apex. Having access to the preserved Molycorp drill core is a unique advantage, and our 2025 relogging and resampling initiative provides the first modern analytical foundation for understanding the scale and grade potential at Rift. This work allows us to accelerate our geological modelling, refine drill targeting, and build toward a more comprehensive evaluation of this significant rare earth and niobium system." — Sean Charland, CEO