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The latest update is out from Eagle Bay Resources Corp. ( (TSE:APXC) ).
Apex Critical Metals reported initial 2026 drill results from its Rift Rare Earth Project in Nebraska, highlighted by 81.6 metres grading 2.02% total rare earth oxides, including 50.9 metres at 2.40% REO, in step-out hole RIFT26-002. The hole extends confirmed mineralized carbonatite roughly 100 metres south of historical drilling and, together with prior holes, indicates a mineralized zone exceeding 700 metres in strike that remains open in all directions.
The company also announced the discovery of a highly enriched neodymium-praseodymium zone averaging a 49% NdPr distribution over 10 metres at 0.75% REO, far above typical carbonatite ranges of 14–20%. This concentration of higher-value rare earths, if confirmed by follow-up drilling and shown to be continuous, could significantly enhance Rift’s economic potential and strengthen Apex’s positioning within the U.S. rare earth supply chain as assay results from seven additional holes are awaited.
More about Eagle Bay Resources Corp.
Apex Critical Metals Corp. is a Canadian mineral exploration company focused on identifying and developing critical and strategic metals, with a key emphasis on rare earth elements. Its primary asset is the 100%-owned Rift Rare Earth Project in the Elk Creek Carbonatite Complex in southeastern Nebraska, targeting materials vital to the U.S. domestic rare earth supply chain and electrification technologies.
Average Trading Volume: 73,597
Technical Sentiment Signal: Buy
Current Market Cap: C$171.2M
For a thorough assessment of APXC stock, go to TipRanks’ Stock Analysis page.