Apex Extends Trinity Zone 200 m West with 3.55% REO over 116 m and 2.35% over 171.5 m
APXCF sits 20% above its 52-week low of $0.752.
Summary
Apex reported high-grade rare earth assay results from five step-out holes at the Rift Project, extending the Trinity Zone 200 m west and confirming a higher-grade core with intervals exceeding 4% REO.
Key Events · Product Development and Regulatory · APXCF
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Trinity Zone Extended 200 m West
Step-out holes RIFT26-022 and RIFT26-024 extended the Trinity Zone approximately 200 m down-dip to the west, with mineralization now traced over 500 m of N-S strike and >300 m of western down-dip extension.
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High-Grade Core Confirmed
RIFT26-024 returned 3.55% REO over 116.0 m including 4.75% REO over 22.9 m; RIFT26-022 returned 2.35% REO over 171.5 m including 4.07% REO over 37.0 m — the longest >4.00% REO intervals on the project to date.
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Drill Program Progress
37 holes (24,000 m) completed to date with assay results for 13 holes (~8,000 m) pending; drilling continues with a single rig into Q4/2026.
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Resource Estimate Timeline
Company remains on track to deliver an inaugural mineral resource estimate for the Rift Project before the end of Q1/2027.
Analysis · APXCF · Energy & Transportation
The western step-out drilling confirms the Trinity Zone extends an additional 200 m down-dip, with the longest >4.00% REO intervals reported to date. These results materially expand the known mineralized footprint ahead of the planned inaugural mineral resource estimate by end of Q1/2027, strengthening the project's scale and grade profile.
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At the time of this filing, APXCF was trading at $0.90 on OTC in the Energy & Transportation sector, with a market capitalization of approximately $86.8M. The 52-week trading range was $0.75 to $3.63. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.