Deep Yellow (ASX:DYL) ended the June quarter with cash and cash equivalents of AU$160 million, while advancing its Tumas project toward a final investment decision (FID) anticipated in the fourth quarter of the year, according to a Tuesday Australian bourse filing.
The company said it also progressed its Mulga Rock Project in Western Australia through processing trade-off studies and development of a revised geometallurgical model, while the Alligator River project in the Northern Territory is positioned for the start of the 2026 drilling campaign in August.