Investor focus is shifting to Nebraska as Apex Critical Metals transitions from planning to active operations. The exploration company is poised to commence a major drilling campaign at its Elk Creek Carbonatite Complex site, following a period of significant share price appreciation since the start of the year. The company’s published roadmap for 2026 highlights its objective to validate historical exploration data with modern results.
Ambitious Drilling Program Ready for Mobilization
All preparations for the initial drill program at the “Rift Rare Earth” project are now complete. With permits secured from Nebraska regulators in early January and the drilling contractor Boart Longyear engaged last week, the mobilization of equipment and personnel is imminent.
The planned operation is substantial. Apex intends to extract approximately 8,000 meters of core samples through 10 to 15 drill holes, each reaching depths of 600 to 900 meters. The primary aim is to confirm historical findings. Previous work conducted by Molycorp and Quantum Rare Earth Developments indicated notable mineralization, which the company now seeks to verify and potentially expand using contemporary techniques.
Share Performance and Strategic Land Expansion
Market anticipation is already reflected in the equity’s performance. Although shares corrected to 2.19 Euros in recent trading, they maintain a gain of more than 60 percent for the year-to-date period.
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This optimism is partly fueled by the company’s strategic groundwork in 2025. Apex aggressively expanded its land package within the Elk Creek Complex, growing its holdings to 3,500 acres. This expanded position now encompasses key parcels containing the most promising historical intercepts. Legacy drill data has set high expectations, including one historical result showing a 155.5-meter section averaging 2.70% total rare earth oxides (REO).
A Detailed Timeline Toward a Maiden Resource
Management has outlined a tight schedule for 2026. The first and second quarters will be dedicated to completing the Phase I drilling and analyzing the resultant data. Concurrently, a technical report compliant with the NI 43-101 standard will be prepared.
Provided these stages proceed as scheduled, Apex is targeting a second drilling phase in the latter half of 2026. This subsequent campaign is designed to culminate in an initial mineral resource estimate for the project. Beyond its flagship U.S. venture, the company continues to advance its “Cap Project” in British Columbia, where a niobium discovery was confirmed in 2025.
The coming months represent a critical validation period for investors. The arrival of assay results from the drill program will ultimately test whether the project’s geology fulfills the promise of the historical data.
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