OREMAVEN
XMM 7,722.00 -2.63% YTD +5.6% OM ASX 450.55 -2.56% YTD +0.1% OM PRECIOUS 349.20 -2.24% YTD +2.5% OM EX-PREC 418.91 -2.72% YTD -1.1% XAU 4,115.59 +2.31% YTD -4.9% GLD 375.49 +0.81% YTD -5.2% GDX 85.75 +1.37% YTD -0.0% SIL 77.33 -1.00% YTD -7.3% COPX 70.23 -5.81% YTD -1.8% URNM 40.07 -2.79% YTD -27.0%
2026-11-06
◂ Monitor PGL ASX

Pilbara Gold Limited

PFS Developer · Gold · Australia Rating locked: sign in to view v6.2
Last 2026-11-06
A$0.4
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$93.6M
EV
A$66M
Cash
A$27.6M
Debt
A$0
6 newer ASX announcements not yet reflected in this valuation

Portfolio detail

Assets

3 assets

Core asset

Mt York Gold Project

Australia

PFS Developer100% ownedGold

PGL owns the core Mt York deposit outright; adjacent PLS land is held through unconditional gold/base metal mineral rights with a 2% gross royalty and consent/rehabilitation duties. PFS pending.

Project location

Approximate location

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© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.

Published study economicsIssuer or study metrics
NPVA$410M5% discount
IRR35.7%Published return
Initial capexA$276MPublished capital estimate
Operating cost2,205AUD/oz AISC

4Mtpa, A$3,500/oz gold, 657,200 recoverable ounces, pre-tax unlevered NPV; historical 2024 study, no reserve.

Resources & reserves3
TypeCategoryQuantityGradeContained mineralsDate
Mineral ResourceIndicated42.1M tonnes1.02 g/t Au; 1.380 MozGold2026-04-13
Mineral ResourceInferred19.7M tonnes1.11 g/t Au; 0.703 MozGold2026-04-13
Mineral ResourceTotal61.7M tonnes1.05 g/t Au; 2.082 MozGold2026-04-13
Tenements5
m451306Granted— None · No expiry supplied
e452241Granted19.03 km2 · No expiry supplied
e452363Granted62.78 km2 · No expiry supplied
e454894Granted75.95 km2 · No expiry supplied
e456298Application210.74 km2 · No expiry supplied
Milestones3
  1. Complete PFS infill drilling

    Pending · High materiality

  2. Update Mt York resource estimate

    Pending · High materiality

  3. Complete Mt York PFS

    Pending · High materiality

Permits & approvals3
PermitJurisdictionStatusExpiryCritical path
Mt York mining lease M45/1306Western AustraliaGranted—Yes
Nyamal native title mining agreementWestern AustraliaGranted—Yes
Environmental and water approvals for developmentWestern AustraliaPending—Yes
Economic studies1
StudyStageStatusDateSummary
Mt York 4Mtpa updated scoping studyScoping StudyCurrent2024-12-02Historical pre-tax, unlevered study uses the older 1.385Moz resource; PFS and reserve still pending.

Material

Roe Hills Gold Project

Australia

Discovery Drill Stage100% ownedGold

100% owned exploration project; Terra high-grade intercepts reported September 2026, but no JORC resource, reserve, study or tolling agreement.

Project location

Approximate location

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© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.

Milestones2
  1. Complete Roe Hills 2026 drilling and redrill failed holes

    Pending · High materiality

  2. Evaluate maiden Roe Hills resource

    Pending · High materiality

Permits & approvals1
PermitJurisdictionStatusExpiryCritical path
Roe Hills drill-site heritage approvalsWestern AustraliaGranted—No

Material

Pincunah Gold and Base Metals Project

Australia

Early Explorer100% ownedGoldSilver

Acquired from Trek in 2026; four licences and one application, with licence-specific NSR royalties and conditional resource-linked rights. No resource or study.

Project location

Approximate location

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© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.

Tenements5
e454909Granted— None · No expiry supplied
e454917Granted— None · No expiry supplied
e454640Granted— None · No expiry supplied
e456664Granted— None · No expiry supplied
e456240Application— None · No expiry supplied
Permits & approvals1
PermitJurisdictionStatusExpiryCritical path
Pincunah application E45/6240Western AustraliaPending—No