Kairos Minerals

What Kairos Minerals does

Pilbara Gold Limited (formerly Kairos Minerals Ltd, ASX: PGL) is a publicly listed Australian gold exploration company headquartered in Daglish, Western Australia. The company is advancing its 100%-owned flagship Mt York Gold Project, located 100km south of Port Hedland in the Pilbara region of Western Australia, described as the largest undeveloped, free-milling gold asset in the Pilbara. As of a 2026 Mineral Resource estimate, Mt York contains 2.08 million ounces of gold across 61.7Mt at 1.05 g/t Au, with 4.2km of continuous gold mineralisation defined within a single large-scale pit shell and an additional 1,500m of well-mineralised strike recently secured along the Main Trend.

The company is pre-revenue and generates no operating income; it is funded through equity placements and asset sales rather than product sales. In October 2025 it raised A$27 million in a private placement to fund drilling and feasibility studies at Mt York, and in April 2026 reported approximately A$35 million in cash following asset sale proceeds as part of a corporate reset that included a rebrand to Pilbara Gold, a 1-for-15 share consolidation, and a ticker change to PGL. More than 27,000m of drilling was completed at Mt York in 2025, with a 50,000m follow-on drilling program underway targeting a resource update in H2 2026.

Pilbara Gold also holds the Roe Hills Project — 35km of prospective greenstone belt strike with multi-commodity potential (gold, nickel-cobalt, lithium, rare earth elements) — and a regional portfolio of +1,200km² of granted licences across greenstone belt geology in Western Australia. The company's technology is conventional resource exploration: reverse circulation and diamond drilling for resource definition and expansion. The customer base is capital markets — institutional and retail mining investors — rather than product buyers, and value creation is contingent on successful exploration outcomes leading to mine development, joint venture, or asset monetization.

Name

Kairos Minerals

Legal name

Pilbara Gold Limited

Website

https://kairosminerals.com.au

Company type

Public

Founded year

1983

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Pilbara Gold Limited (formerly Kairos Minerals, ASX: PGL) is a pre-revenue Australian gold exploration company advancing its 100%-owned 2.1Moz Mt York Gold Project in Western Australia's Pilbara region, targeting resource growth and near-term development. It serves institutional and retail mining investors via the ASX.

Ownership category

akta.pro rank

Product category

Gold and Mineral Exploration

NAICS

Gold Ore and Silver Ore Mining (21222)

SIC

Gold And Silver Ores (1040)

akta.pro primary industry

Precious Metals Exploration & Project Development (IMAKAEAI)

akta.pro secondary industries

Precious Metals Ore Processing & Beneficiation (IMAKAEAD), Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

Keywords

• Gold exploration
• Mineral resource development
• Lithium exploration
• Mining project development
• Drilling and resource estimation

Headquarters

HQ city

Perth

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Pre-Revenue Exploration Stage: Pilbara Gold is a pre-revenue gold exploration company. The company generates no current operating revenue and is funded through equity placements, asset sales, and potential future offtake agreements or project development. Revenue generation is contingent on successful exploration outcomes leading to mine development or asset monetization through sale or joint venture.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Kairos Minerals (now Pilbara Gold Limited) is a pre-revenue gold and mineral exploration company that identifies, drills, and defines mineral resources on its 100%-owned tenements in Western Australia. Its core commercial offering is the development of the 2.1Moz Mt York Gold Project as the largest undeveloped, free-milling gold asset in the Pilbara, supplemented by the Roe Hills multi-commodity project and a +1,200km² regional exploration portfolio. Value is generated through resource growth, mine development, joint venture arrangements, offtake agreements, or asset monetization rather than current operating revenue.

Product overview

Pilbara Gold Limited (formerly Kairos Minerals Ltd) is an Australian gold exploration company operating as a single unified entity focused on advancing mineral assets. The company's portfolio consists of its flagship Mt York Gold Project (a 2.1Moz JORC-compliant gold deposit in Western Australia's Pilbara region), the Roe Hills Project (exploration tenement with multi-commodity potential including gold, nickel-cobalt, lithium, and REEs), and Regional Exploration Projects covering over 1,200km² of prospective greenstone belt licences.

Differentiator

Problem solved

Functional benefit

Products and services

• Mt York Gold Project The Mt York Gold Project is Pilbara Gold's flagship 100%-owned advanced gold deposit located 100km south of Port Hedland in Western Australia's Pilbara region, and is the largest undeveloped, free-milling gold asset in the Pilbara. It currently hosts a 2.08Moz JORC-compliant resource (61.7Mt @ 1.05 g/t Au) with 4.2km of continuous gold mineralisation defined within a single, large-scale pit shell, and is the focus of ongoing resource expansion drilling (50,000m program) and feasibility studies.
• Roe Hills Project The Roe Hills Project is an exploration asset covering 35km of strike of prospective greenstone belts in Western Australia, surrounded by gold mines and quality lithium development projects. It has proven potential for gold, nickel-cobalt, lithium, and rare earth elements (REEs), and historic drilling suggests a hidden gold system that has not yet been followed up.
• Regional Exploration Projects Regional Exploration Projects comprise a portfolio of granted mineral licences spanning +1,200km² across greenstone belt geology in Western Australia with limited historical exploration, providing significant discovery potential for gold and other minerals. These tenements form the broader pipeline supporting the company's flagship Mt York asset.

Quantifiable outcome

• 2.08Moz Au mineral resource (61.7Mt @ 1.05 g/t Au)
• +1 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators11 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Capricorn Metals: ASX-listed mid-tier gold producer operating the Karlawinda Gold Project in Western Australia. Comparable as a Western Australian gold developer/producer at a more advanced stage, providing a benchmark for Pilbara Gold's potential development pathway and unit economics.
• De Grey Mining: ASX-listed Pilbara gold developer of the Hemi Project, acquired by Northern Star Resources in 2024. Provides a directly relevant benchmark for Pilbara Gold's potential scale, M&A optionality, and Pilbara gold project economics.
• Genesis Minerals: ASX-listed mid-tier gold producer developing the Leonora and Laverton gold operations in Western Australia. Comparable as a growth-oriented WA gold developer that has scaled via M&A, illustrating the potential strategic path Pilbara Gold could pursue.
• Ramelius Resources: ASX-listed mid-tier gold producer with multiple Western Australian operations including Mt Magnet and Edna May. Comparable as an established WA gold producer whose development and M&A playbook informs Pilbara Gold's potential strategic trajectory.

Direct peers

• Antipa Minerals: ASX-listed junior explorer with a large Pilbara landholding including the Minyari Dome and Paterson Province projects. Comparable as a Pilbara-focused exploration-stage peer pursuing resource growth through systematic drilling programs.
• Novo Resources Corp: ASX-listed Pilbara gold explorer at a broadly similar stage and scale. Both Novo and Pilbara Gold target Tier-1 Pilbara gold assets with multi-rig drilling programs and exploration-stage resource bases, making them directly comparable on jurisdiction, geology, and stage.
• Encounter Resources: ASX-listed junior focused on discovery in Western Australia, including Paterson Province copper-gold and lithium projects. Comparable as a Western Australian junior explorer at a similar pre-development stage, leveraging similar drill-driven exploration strategies.
• Calidus Resources: ASX-listed Pilbara gold developer advancing the Warrawoona Gold Project. Calidus shares Pilbara Gold's Tier-1 Pilbara location, free-milling open-pit thesis, and progression from exploration toward production — making it a closely comparable peer on geography, scale, and development stage.

Regional players

• Tribune Resources: ASX-listed Western Australian gold producer with operations in the Pilbara and Eastern Goldfields. Comparable as a Pilbara-focused gold company, though more advanced as a producer — useful as a regional benchmark for what Pilbara Gold could become.

Emerging players

• Greatland Gold: AIM-listed gold and copper exploration company with Western Australian assets including at Paterson and Ernest Giles. Comparable as a junior gold-copper exploration peer with similar scale and pre-development resource profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/kairos-minerals
• Xx.com/KairosMinerals

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kairos Minerals