Apollo Hill moves toward DFS with $110.7m cash and 1km drilling extension
Apollo Hill received its key mining lease, submitted environmental review and keeps DFS on track for the December Quarter, per TradingView reporting.
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what happened
Apollo Hill is moving closer to development: it has been granted its key mining lease, submitted its environmental review, and expects to complete its definitive feasibility study (DFS) in the December Quarter. According to TradingView, the company held $110.7m in cash, but $39.79m in placement proceeds still depends on FIRB approval. The company also reported a 1km northward extension of its drilling program.
why it matters
This story concerns a single small project and matters mainly to the company's own investors. The key questions for the coming months are whether the DFS schedule holds and whether FIRB approves the placement funds. No meaningful effect on the gold or broader metals market is expected from these updates.
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sources
- STN: Apollo Hill advances toward DFS with $110.7m cash and a 1km northward drilling extension — TradingView, 27 October 2026 at 22:38 UTC
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