Apex Critical Metals Clears Key Permit, Launching Exploration Phase

The transition from planning to active exploration is now underway for Apex Critical Metals at its flagship Elk Creek Carbonatite Complex in Nebraska. The company has received the final regulatory approvals, setting the stage for its inaugural drilling campaign on the highly prospective ground.

On January 5, 2026, Apex Critical Metals announced it had secured the necessary drilling permit from the Nebraska Department of Environment and Energy (NDEE). This authorization allows the company to commence its first drill program on the "Rift" project, which encompasses approximately 3,500 acres. Chief Executive Officer Sean Charland described the permit as the critical step that moves the company from preparation into an active operational phase.

An ambitious timeline is now in effect, with drilling operations targeted to begin in the first half of Q1 2026. The market has responded positively to this operational acceleration; the company's shares have gained roughly 22% since the start of the year.

Building on a Historical Foundation

The project area benefits from significant historical work, providing a substantial data foundation for Apex's modern exploration. Previous operators, including industry major Molycorp during the 1970s and 1980s, conducted extensive programs. Historical assay results are particularly encouraging, indicating broad mineralization zones. One notable historical intercept exceeded 155 meters, grading 2.70% total rare earth oxides (REO).

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The upcoming campaign is designed to verify these legacy results and evaluate the project's full potential under contemporary standards. In parallel, logistical preparations are advancing rapidly, from securing site access to finalizing contracts with drilling contractors.

Execution and Broader Track Record

Investor attention in the coming weeks will fixate on the operational launch in Nebraska. Management intends to release detailed information on specific drill locations and planned meterage once rigs are mobilized. The success of the 2026 program will largely hinge on whether new core samples can corroborate the quality of the historical Molycorp data.

Apex Critical Metals has recently demonstrated its exploration capability. In late 2025, the company confirmed a significant niobium discovery at its "Cap" project in British Columbia, showcasing its technical execution.

The company's evolution into an active explorer marks a pivotal chapter. The forthcoming drill results from Elk Creek will be the primary factor in assessing the project's ability to meet the high expectations set by its historical pedigree.