- Apex Critical Metals (OTCQB:APXCF) initiates a fully funded summer drill program at Cap Project.
- 1.8 km mineralized trend in British Columbia to be tested, following high-grade surface findings.
- Drilling to commence by the end of July 2025, with all necessary permits secured.
Apex Critical Metals Corp. (CSE:APXC) has announced the mobilization for its fully funded 2025 summer drill program at the Cap Project, located 85 km northeast of Prince George, British Columbia. The program includes up to 1,500 metres of helicopter-supported NQ core drilling, utilizing a Hydracore 2000 heli-portable drill rig to explore high-priority niobium and rare earth element (REE) targets along a 1.8-kilometre mineralized trend identified in the 2024 exploration campaign.
Significant surface work conducted in 2024 revealed promising results including 3.33% Nb?O? from carbonatite outcrop samples and peak values of 1.21% total rare earth oxides (TREO), with historical drilling showing intercepts of 0.51% Nb?O? over 4.0 metres. The rare carbonatite complex at the Cap Project provides a strategic opportunity for Apex Critical Metals to explore this underdeveloped niobium and REE system in Canada.
The company has secured all necessary permits under a Multi-Year Area-Based exploration authorization, ensuring an efficient drilling operation. Dahrouge Geological Consulting Ltd. will manage the field operations, with Quesnel Bros. Diamond Drilling Ltd. providing the drilling services. Drilling is expected to begin by the end of July 2025, with the preparation phase including the complete construction of drill pads at the first two planned locations.
CEO Sean Charland stated, "With mobilization now underway, we're set to begin testing one of the most underexplored niobium and REE carbonatite systems in Canada. The Cap Project is a standout opportunity with scale, grade, and excellent infrastructure, and we're excited to launch this next phase of exploration."
Apex Critical Metals, trading under OTCQB:APXCF, emphasizes its commitment to unlocking the potential of carbonatites and alkaline rocks, with an eye on fulfilling the global demand for specialty metals. The company will continue to provide updates as the drill program progresses and initial results are reported.