Northwire Canada EditionSunday, August 9, 2026
Northwire
WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0% WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0%
Drill Results

Apex Critical Metals Confirms Significant Magnetic Anomaly at Cap Project, British Columbia

APXC · Price

Executive Summary

  • Completed a high‑resolution airborne magnetic and radiometric survey over the Cap Critical Minerals Project (781 km line‑km at 40 m spacing).
  • Survey identified a large, coherent magnetic high (≈2.2 km × 1.8 km) with a northwest offshoot that aligns with the known 1.8 km niobium‑in‑soil trend.
  • 2025 drilling intersected carbonatite and confirmed niobium mineralization; notably CAP25‑006 returned 0.59 % Nb₂O₅ over 36 m (including 1.08 % Nb₂O₅ over 10 m).

Key Details

  • Survey contractor: Precision GeoSurveys Inc.; dates of flight – 15‑16 Sept 2025.
  • Magnetic anomaly dimensions: ~2.2 km × 1.8 km; offshoot extends northwest, correlating with surface soil anomalies identified in 2024.
  • Total line‑kilometers flown: 781 km at 40 m line spacing.
  • Drill program (2025) intersected carbonatite/alters across all holes; key intercepts:
  • CAP25‑006: 0.59 % Nb₂O₅ over 36.0 m (1.08 % Nb₂O₅ over 10 m).
  • Remaining core assays: 2,251 m pending; results expected shortly.
  • Historical drilling (2017) did not reach depth of primary source; new data suggest a more extensive carbonatite system than previously recognized.
  • Interpretation: Magnetic high likely driven by magnetite‑rich carbonatite; serves as geophysical marker for niobium and REE mineralization.
  • Qualified Person review: Nathan Schmidt, P.Geo., Geologist, Dahrouge Geological Consulting Ltd., NI 43‑101 compliant.

Notable Quotes

“The new airborne survey has provided valuable insight into the scale and geometry of the magnetic anomaly, giving us a stronger foundation to evaluate future drill targets and plan the next phase of exploration in 2026.” – Sean Charland, CEO


The release contains forward‑looking statements regarding future assay results, additional drilling plans, and potential acquisitions.

Read the original news release →

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