JUNIORMETRICS

Pilbara Gold Limited

KAIFF·PGL·YAJ1·US$0.31 (AUD 0.44)·US$69.5M cap
GoldMt York Gold Project, Pilbara Region, Western Australia Map

Pilbara Gold Limited (renamed from Kairos Minerals Limited, April 22, 2026) owns 100% of the Mt York Gold Project in the Pilbara region of WA, hosting a JORC resource of 2.08 million ounces gold along a 4.2km banded-iron-formation trend -- the largest undeveloped, free-milling gold deposit in the Pilbara. A 2026 drill program, scaling to six rigs, is extending mineralisation at Main Hill and Gossan Hill, feeding an updated resource estimate now guided to Q1 CY2027 (slipped from the earlier "later in 2026" guidance) ahead of a PFS targeted for Q2 CY2027. The company also holds the Roe Hills project and over 1,200 km2 of regional greenstone-belt tenements.

Notable vs. Peers

  • Financials score of 7.1/10 is stronger than the peer average of 5.3/10.

Lifecycle Milestones

Grassroots
Resource Def.Current
PEA
PFS
Feasibility
Permitting
Construction
Production
7/10
Weak track recordStrong track record
7/10 vs.
7.1/10
Thin runwayWell-capitalized
7.1/10 vs.
How this is calculated
4.5/10
Weaker depositStronger deposit
4.5/10 vs.
How this is calculated
7.6/10
Harder place to buildEasier place to build
7.6/10 vs.
What goes into it
  • Jurisdiction (40%)9/10

    Western Australia: Fraser PPI 2025 is 88.53 of 100 (rank 13 of 68), which maps to 9 on this site's scale. Western Australia — top-tier, low political-risk mining jurisdiction with a mature permitting framework.

  • Infrastructure (40%)No verified figure

    Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Mt York Gold Project, Pilbara Region, Western Australia (checked Oct 1, 2026; recheck due Mar 30, 2027). Counts at a neutral 5/10 until one does.

  • Nearby producing mine (20%)10/10

    Pilgangoora (PLS Group Limited) is 5 km away -- within shared-mill trucking range.

6.6/10
Weaker profileStronger profile
6.6/10 vs.
Price Chart
$0.296$0.349$0.402$0.342$0.308AugDecAprJulOct
Aug 12, 2025 – Oct 20, 2026
News
$0.31
+19.4%from low-48.4%from high
$0.26$0.59
$69.5M
Far belowFar above
$69.5M vs. $21.9M peer median
Price (USD - Local)
US$0.31 (AUD 0.44)
Cash Position (USD)
$19M
Far belowFar above
$19M vs. $3.3M peer median
Debt (USD)
Far aboveFar below
$0 vs. $0 peer median
$50.4M
Far belowFar above
$50.4M vs. $19.4M peer median
227.6M
Far aboveFar below
227.6M vs. 153.6M peer median
Jurisdiction
Australia
1,380,000 oz
Feeds Deposit Quality score
Indicated1,380,000 oz
Inferrednot scored703,000 oz
Total resource2,083,000 oz
Far belowFar above
1.4M oz vs. 1.3M oz peer median
Compares M&I only — Inferred isn't compared or scored.
$36.54/oz
M&I
Total resource (incl. Inferred)$24.21/oz
Peer median $68.74/oz
Far aboveFar below
$36.54/oz vs. $132.67/oz peer median
0.0298 oz/tCut-off: 0.4 g/t Au
Far belowFar above
0.0298 oz/t vs. 0.0383 oz/t peer median
Open pit
14.5%
0%100%
14.5% vs. 12.1% peer median
5 kmfrom PLS Group Limited's Pilgangoora
Within shared-mill range (~20km)
-$12.7M
Far belowFar above
-$12.7M vs. -$3.3M peer median
-$0.056
Far belowFar above
-$0.056 vs. -$0.018 peer median

Acquisition Susceptibility

How this is calculated
7.6/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.

How this score is built

  • Disclosed pending deal
    Sub-score: Not scored

    No pending acquisition or merger disclosed (checked)

    Not scored: having no deal in flight isn't held against a company.

    Weight 26.25%
  • Producer's strategic stake
    Sub-score: Not scored

    No producer holds a disclosed stake on file (holder register researched) See holders

    Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.

    Weight 25%
  • Distance to a producing mine
    Sub-score:
    9.5/10

    Nearest producing mine: Pilgangoora (PLS Group Limited), 5 km

    10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.

    Weight 22.5% · 46% here
  • Lifecycle stage
    Sub-score:
    3.5/10

    Stage: Resource Definition

    Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.

    Weight 15% · 31% here
  • Jurisdiction
    Sub-score:
    9/10

    Australia: jurisdiction score 9/10

    Our jurisdiction score, used as is: higher means lower political and permitting risk.

    Weight 6.75% · 14% here
  • Commodity
    Sub-score:
    10/10

    Primary commodity: Gold

    Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.

    Weight 4.5% · 9% here

Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.

Overall Score Trend
-30.5% since 2026-08-01 · -30.5% from peak

Your Rankings

Community Sentiment
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CategoryCommunityYour Ranking
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Management Team

Managing Director of Pilbara Gold Limited (formerly Kairos Minerals, rebranded 2026). Leads Mt York Gold Project development strategy in WA's Pilbara region.

Chief Legal and Financial Officer of Pilbara Gold Limited. Resources/corporate lawyer with finance background and 30+ years' experience with ASX-listed companies; previously Chief Commercial Officer and General Counsel at Sandfire Resources; originally joined the Pilbara Gold board as a non-executive director in June 2024 before transitioning to a full-time executive role.

Study Manager of Pilbara Gold Limited. Metallurgist and project manager with nearly 30 years in study management, production metallurgy and process engineering; previously Manager of Engineering and Studies at Sandfire Resources; oversees the PFS/DFS at Mt York.

Company Secretary of Pilbara Gold Limited; also Company Secretary of Victory Metals Limited.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
1/10

We found no producer, major, or named resource-specialist fund behind Pilbara Gold (recently renamed from Kairos Minerals). Insider Phillip Coulson bought about AU$115,000 of stock on the open market in July.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

Pilbara Gold, renamed from Kairos Minerals on 22 April 2026, owns 100% of the Mt York gold project in the Pilbara region of Western Australia, which it describes as the largest undeveloped free-milling gold deposit in the Pilbara, along a 4.2 km banded-iron-formation trend. The April 2026 resource has 1,380,000 oz of gold indicated (42.1 Mt at 1.02 g/t), with no measured category, plus 703,000 oz inferred, about 700,000 oz more than the 2023 estimate. A 50,000 m drill program in 2026 with up to six rigs has extended mineralisation below the current pit shell at Main Hill and Gossan Hill, including 94 m at 0.88 g/t gold, ahead of an updated resource now guided for the first quarter of 2027 and a pre-feasibility study targeted for the second quarter of 2027. The company also holds the Roe Hills project and more than 1,200 km2 of regional ground.