Highlights

  • Pilbara Gold's Mt York Gold Project hosts a resource of 2.08Moz at 1.05 g/t gold.
  • A Pre-Feasibility Study is underway, with completion expected in the first half of 2027.
  • Drilling at Roe Hills returned 46m at 3.17 g/t gold from 92m.
  • The company held A$17.8 million in cash at 30 September 2026.

Pilbara Gold Ltd (ASX:PGL), formerly Kairos Minerals, has released an investor presentation titled "From Gold Resources to Gold Development in the Pilbara." Presented by Managing Director Dr Peter Turner, the presentation outlines progress at the Mt York Gold Project in the Pilbara and exploration at the Roe Hills Gold Project in the Eastern Goldfields of Western Australia.

Mt York Gold Project

Mt York hosts a Mineral Resource of 2.08Moz at 1.05 g/t gold, comprising 1.38Moz Indicated and 0.70Moz Inferred. The project has a granted Mining Lease and a Native Title Mining Agreement, and is located about 4km from PLS's Pilgangoora lithium-tantalum mine. Gold is hosted in banded iron formation, with the resource open at depth along a 4.2km strike.

Drilling in 2026 returned intercepts including 57m at 1.00 g/t gold from 275m and 23m at 2.11 g/t gold from 11m. The mineralisation is free-milling and suited to conventional carbon-in-leach processing. The company is targeting a throughput of 4 to 5 Mtpa and aims to upgrade Inferred resources and target repeat structures below the current resource.

Pre-Feasibility Study Progress

Following a Scoping Study completed in November 2024, the Pre-Feasibility Study is underway with completion expected in the first half of 2027. Baseline flora and fauna studies and comminution testwork have been completed, and mining engineering work has been awarded to Orelogy.

Ongoing work includes flowsheet development, comminution circuit design by Orway Mineral Consultants, a power options study, a surface water management plan and groundwater modelling. An airborne electromagnetic survey covering 280km² has also been completed, with processed data expected in December 2026.

Roe Hills Discovery Drilling

The Roe Hills Gold Project covers 333km² of exploration licences near the Randalls and Lakewood mills in the Eastern Goldfields. Mineralisation is hosted in the Condenser Dolerite, which the company compares to the setting of deposits at St Ives. Recent results include 46m at 3.17 g/t gold from 92m and 11m at 3.63 g/t gold from 104m.

Drilling at the Terra prospect is complete with final results awaited, and drilling is underway at Caliburn. The company held A$17.8 million in cash at 30 September 2026. Key catalysts include Roe Hills drill results, processed AEM data, further Mt York drilling and completion of the PFS.

Key Takeaways

  • Mt York is a 2.08Moz gold project with a granted Mining Lease and Native Title agreement.
  • The PFS is progressing toward completion in the first half of 2027.
  • Roe Hills drilling has returned broad, high-grade gold intercepts.
  • Cash of A$17.8 million supports ongoing study and exploration work.