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Apex Critical Metals Enters Pivotal Exploration Stage at Rift Project

27.01.2026 - 08:10:05

Apex Critical Metals CA03753D1042

The transition from geological modeling to physical exploration is now underway for Apex Critical Metals at its flagship Rift project in Nebraska. This shift marks the beginning of a critical period for the company and its investors, who have already witnessed a share price appreciation exceeding 36% since the start of the year. The central question moving forward is whether promising historical data can be substantiated by new drill core samples.

Apex Critical Metals has formally commenced its inaugural drill program. The initial rig has arrived on site and is currently being commissioned, signaling the end of the pure planning phase. Site preparation work is progressing rapidly, with crews constructing access roads and drill pads. To accelerate the campaign, a second drill rig is anticipated to arrive shortly.

CEO Sean Charland characterized this development as a "significant milestone." The Phase I program is strategically designed to verify and expand upon historical rare earth element (REE) mineralization data. Initial efforts will concentrate on an 850-meter north-south trending section identified as highly prospective. The broader objective is to refine the project's profile and work toward defining an initial mineral resource estimate.

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Foundation for the Drill Campaign

The launch of this field work follows a series of recent operational and administrative successes:

  • Regulatory Approval: Necessary exploration and drilling permits were granted by Nebraska authorities on January 5, 2026.
  • Contractor Selection: The company secured the services of the renowned drilling contractor Boart Longyear under an agreement dated January 12, 2026.
  • Management Alignment: On January 23, 2026, the board strengthened its commitment to management through the grant of Restricted Share Units to a director.

Market Anticipation and Next Steps

The market has shown clear anticipation of this operational leap. Share volatility over the past 30 days, annualized, stands at nearly 98%, reflecting heightened investor attention. With physical work now starting, the fundamental substance of the Rift project takes center stage. Following extensive modeling conducted throughout 2025, the investment community is awaiting concrete results from subsurface exploration.

The company has committed to providing regular updates on the progress and findings from the ongoing drill program.

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