Northwire Canada EditionFriday, July 31, 2026
Northwire
NOB 0.060 −29.4% MEK 0.055 +0.0% TGOL 0.100 −9.1% FCI 0.400 −7.0% SGQ 0.350 +0.0% SASK 0.980 −3.9% WGX 4.59 −1.7% GMX 1.88 +2.7% DSV 8.84 −3.1% MQM 0.170 +0.0% MNO 1.53 −1.9% VIZ 0.190 +0.0% HBM 31.85 +0.0% CNC 1.58 +0.0% ALGR 0.485 −8.5% MSG 0.200 −2.4% NOB 0.060 −29.4% MEK 0.055 +0.0% TGOL 0.100 −9.1% FCI 0.400 −7.0% SGQ 0.350 +0.0% SASK 0.980 −3.9% WGX 4.59 −1.7% GMX 1.88 +2.7% DSV 8.84 −3.1% MQM 0.170 +0.0% MNO 1.53 −1.9% VIZ 0.190 +0.0% HBM 31.85 +0.0% CNC 1.58 +0.0% ALGR 0.485 −8.5% MSG 0.200 −2.4%
Drill Results

Apex Mobilizes Second Drill Rig and Provides Phase I Update at the Rift Rare Earth Project in Nebraska, U.S.A.

APXC · Price

Executive Summary

  • Apex Critical Metals’ Phase I drill program at the Rift Rare Earth Project is fully mobilized with two rigs actively drilling.
  • New drill holes RIFT26‑002, RIFT26‑001A and RIFT26‑003 have been started, intersecting carbonatite and targeting extension of historic REE mineralization.
  • Core processing is underway and initial assay samples are expected in the coming weeks, providing material data to assess the scale and continuity of the REE system.

Key Details

  • Program Mobilization: Phase I drill program now has two drill rigs on site at the 100 % owned Rift Rare Earth Project (Elk Creek Carbonatite Complex, Nebraska).
  • Drill Hole RIFT26‑002: Collared ~100 m south of historic hole NEC11‑004; intersected carbonatite over a ~330 m interval starting at 178 m depth and extending through the interpreted mineralized zone. Designed to extend historically defined mineralization southward and better define geometry.
  • Drill Hole RIFT26‑001A: Reached 110 m (target 600 m). Carbonatite not yet intersected; anticipated at ~175 m downhole.
  • Drill Hole RIFT26‑003: Commenced drilling; pad preparation ongoing for additional step‑out holes to test mineralization extent north and south of the current drill corridor.
  • Core Processing: First batch of core samples is being processed with assay submission expected within weeks.
  • Target Area: Current focus covers ~850 m of north‑south strike length in the southeastern portion of the Rift Project, guided by historical drilling, surface geochemistry, and geophysical surveys integrated into a 3‑D geological model.
  • Management Comment (CEO Sean Charland): Emphasized that Phase I drilling is a critical step toward defining scale and continuity of REE mineralization and building on historic intercepts as the season progresses.
  • Qualified Person: Technical content reviewed and approved by Nathan Schmidt, P.Geo., Qualified Person under NI 43‑101 (Dahrouge Geological Consulting Ltd.).

Notable Quotes

“With two drill rigs now active on site, Phase I drilling at Rift is well underway and represents an important step toward better defining the scale and continuity of mineralization within our Phase I priority target area at Rift.” – Sean Charland, CEO

Read the original news release →

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