Apollo Consolidated Limited announced drilling update. Highlights: Latest Mineral Resource Estimate outlines a 50% increase in Indicated Mineral Resources to 815,000 ounces, of a combined optimised and pit-constrained 1.105-million-ounce; Mineral Resource Indicated Mineral Resource base builds a strong, de-risked foundation to commence advanced technical evaluation work and sets the scene for potential +8 year mining and processing scenarios. Apollo to simultaneously progress approvals and licensing and undertake key metallurgical, geotechnical, and environmental works to feed into future mining studies. Options analysis to continue, incorporating this latest Mineral Resource update High-priority exploration and Mineral Resource drilling targets continue to be tested, with more than 25,000m drilling underway including: Footwall (east side) gold targets and intercepts at Rebecca, and emerging zones in the northern part of the deposit (RC drilling in progress); High-grade plunge targets below the optimised Rebecca pit shell (diamond drilling to commence); Delineation of multiple areas of gold mineralisation within the optimised Rebecca pit shell that are not yet drilled to a density that allows classification (RC drilling in progress); Extensional targets at Duchess and Duke, both along strike and at depth (RC drilling in progress); Cleo discovery, where existing mineralisation is yet to be modelled (RC drilling in pending); New structural exploration targets within the large prospective and under-explored Lake Rebecca landholding; Follow-up of shallow mineralised hits along the Duchess to Cleo & Duchess to Rebecca trends. Mineral Resource estimates were revised for the Rebecca, Duchess and Duke deposits following infill and step-out RC and diamond drilling completed in 2020. Total combined in-pit Mineral Resources now stand at 29.1 Million tonnes at 1.2g/t Au for 1.105 Million ounces of gold, 74% of which is at Indicated status. Mineral Resources include three deposits: Rebecca: 20.4 Million tonnes at 1.3g/t Au for 840,000 ounces (76% Indicated); Duchess: 6.85 Million tonnes at 0.9g/t Au for 195,000 ounces (60% Indicated); Duke: 1.90 Million tonnes at 1.1g/t Au for 65,000 ounces (85% Indicated). Updated in-situ Mineral Resources are reported at a 0.5g/t Au cut-off and constrained within AUD 2,250/oz optimised pit shells, using same parameters as the maiden Mineral Resource estimation of February 2020 Rebecca deposit includes a substantial Indicated Mineral Resource of 640,000oz at 1.5g/t Au, encompassing well-defined, continuous, and higher-grade mineralised structures up to 30m true width Assay results are outstanding for more than 40 RC drill-holes drilled at the Rebecca deposit since this Mineral Resource estimation. Mineral Resource Update: infill and delineation drilling over the past 12 months has added value and confidence to its Mineral Resources at the Lake Rebecca Gold Project, located 150km ENE of Kalgoorlie, with a significant increase in the Indicated Mineral Resource category, and highlighting avenues for further growth. The updated independent Mineral Resource estimate (MRE) has been completed for each of the three identified gold deposits - Rebecca, Duchess and Duke (Figure 1) and is reported here. The Mineral Resource estimates have been completed in accordance with the guidelines and principles outlined by the JORC code. The combined Mineral Resource now totals 29.1 million tonnes at 1.2g/t Au for 1.105 million ounces of gold. Importantly all three deposits have now been drilled to a density that allows 815,000 ounces (74% of total) to be reported at Indicated Mineral Resource status, representing a 50% increase in this category. The Rebecca deposit - which contributes three quarters of overall ounces has Indicated Mineral Resources of 640,000 ounces at 1.5g/t Au in stacked, strike continuous and higher-grade mineralised structures to 30m true width. These structures will be important contributors to commercial evaluation and any future mine scheduling. The company continues to apply a conservative methodology and only reports Mineral Resource gold ounces that are constrained within optimised pit shells at a 0.5g/t Au cut-off. The updated Rebecca Mineral Resource does not include new footwall (east side) gold intercepts and emerging zones in the northern part of the deposit, including multiple areas of gold mineralisation that lie inside the optimised shell but are not yet drilled to a density that allows classification. Additionally, high-grade intercepts below the optimised pit shell (that is, grade blocks that may warrant future underground extraction) are not included in the current update but point to excellentfuture growth opportunities. Ongoing infill and step-out drilling will allow this material to be included in subsequent resource updates.