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Kairos Wins 21-Year Mining Lease for 1.4Moz Mt York Gold Project in WA

Story Highlights
  • Kairos Minerals secured a 21-year mining lease over its 1.4Moz Mt York Gold Project.
  • The lease de-risks Mt York and enables resource growth, expanded drilling and prefeasibility work in 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kairos Wins 21-Year Mining Lease for 1.4Moz Mt York Gold Project in WA

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Kairos Minerals ( (AU:KAI) ) just unveiled an update.

Kairos Minerals has secured a 21-year mining lease (M45/1306) from the Western Australian Government over its 1.4Moz Mt York Gold Project in the Pilbara, shortly after finalising a Native Title Mining Agreement with the Nyamal People. The granted lease gives Kairos the legal right to mine, process and build project infrastructure, significantly de‑risking Mt York and enabling the company to shift its focus to an updated Mineral Resource Estimate, an extensive 2025 drilling program, and progression of Prefeasibility Studies, with the aim of growing the deposit into one of Western Australia’s largest undeveloped free‑milling gold projects while also applying for an additional lease over the Main Hill Extension and continuing exploration across its wider 367km² landholding.

The most recent analyst rating on (AU:KAI) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Kairos Minerals stock, see the AU:KAI Stock Forecast page.

More about Kairos Minerals

Kairos Minerals Ltd is an ASX-listed gold exploration and development company focused on advancing its 1.4Moz Mt York Gold Project in Western Australia’s Pilbara region. The company is positioning Mt York as a standalone, free-milling gold operation, supported by a strong balance sheet to fund resource growth, drilling and feasibility studies across its broader Pilbara licence holdings.

YTD Price Performance: -5.41%

Average Trading Volume: 7,760,417

Technical Sentiment Signal: Buy

Current Market Cap: A$117.9M

See more insights into KAI stock on TipRanks’ Stock Analysis page.

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