sur Apex Critical Metals Corp. (CVE:APXC)
Apex Expands Neo Zone with Significant NdPr Enrichment
Apex Critical Metals Corp. has announced a significant expansion of the Neo Zone, a newly discovered area within its Rift Rare Earth Project in Nebraska, USA. The Neo Zone is characterized by high enrichment of Neodymium and Praseodymium (NdPr), crucial elements for permanent magnets. Recent assays from drill hole RIFT26-003 include notable intercepts such as 22.7 meters at 0.79% REO with 32.8% NdPr, showcasing higher NdPr distributions than typical global deposits.
The enriched NdPr distribution of 30-50% significantly exceeds the 14-20% usually found in carbonatite-hosted deposits, marking a promising advancement over North America's current benchmark. Apex's drilling results indicate over 120 meters of strike length consistency between drill holes, and the mineralization remains open in all directions.
Ongoing exploration suggests strong potential for discovering a high-value rare earth source. The company plans additional drilling to further delineate the extent of this enriched zone.
R. P.
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