One thing is certain, as long term NioCorp know all too well, it wont be cheap or fast to get through the process of exploration, PEA, FS and financing.. Maybe their play is to sell mineral rights to NioCorp as another poster commented or maybe NioCorp would prefer they spend their own money rather than over extend themselves. NioCorp had to have known about this in advance. Otherwise, its going to be a tense couple days in Munich. For all we know, NioCorp may have an option agreement to buy the mineral rights from APEX.
Highlights
The Company has secured highly prospective rare earth element ("REE") mineral rights to key underexplored areas of the Elk Creek Carbonatite Complex in Nebraska, USA, (the "Rift Project").
Two target areas of known REE mineralization acquired (East Zone and West Zone).
Project includes multiple historical drill holes that are well-mineralized in REEs, highlights include:
155.5 metres ("m") of 2.70% TREO[1],Including 54.9 m at 3.30% TREO (EC-93).
236.2 m of 2.10% TREO, including 68.2 m of 3.32% TREO (NEC11-004).
Apex's Rift Project area (~2,784 acres) now represents the largest position in the Elk Creek Carbonatite Complex (NioCorp Developments Ltd. holding the other commanding position in the district with ~1,397 acres)
Nebraska, USA is considered a favourable jurisdiction for development with private land ownership facilitating streamlined permitting path.
The Company is continuing to compile historically available data and is actively planning an inaugural Q4-2025 exploration program, including drilling.
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ACCESS Newswire
Apex Critical Metals Acquires Key REE Rights at Highly Prospective Elk Creek Carbonatite Complex, Nebraska
Apex Critical Metals Corp.
Wed, October 1, 2025 at 12:01 AM PDT 7 min read
In this article:
APXCF
+12.50%
NB
+0.15%
Company grows portfolio with underexplored 50-year-old Rare Earth Elements discovery with historically significant high-grade drill intercepts
Highlights
The Company has secured highly prospective rare earth element ("REE") mineral rights to key underexplored areas of the Elk Creek Carbonatite Complex in Nebraska, USA, (the "Rift Project").
Two target areas of known REE mineralization acquired (East Zone and West Zone).
Project includes multiple historical drill holes that are well-mineralized in REEs, highlights include:
155.5 metres ("m") of 2.70% TREO[1],Including 54.9 m at 3.30% TREO (EC-93).
236.2 m of 2.10% TREO, including 68.2 m of 3.32% TREO (NEC11-004).
Apex's Rift Project area (~2,784 acres) now represents the largest position in the Elk Creek Carbonatite Complex (NioCorp Developments Ltd. holding the other commanding position in the district with ~1,397 acres)
Nebraska, USA is considered a favourable jurisdiction for development with private land ownership facilitating streamlined permitting path.
The Company is continuing to compile historically available data and is actively planning an inaugural Q4-2025 exploration program, including drilling.
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