Pearl Gull Iron Limited (ASX: PLG) is an Australian iron ore exploration and development company focused on advancing its high-grade iron ore projects in Western Australia. The company holds interests in the Yilgarn Iron Ore Project, including the Extension South and Cockatoo Tank deposits, which feature direct shipping ore (DSO) with low impurities suitable for premium steelmaking; it also pursues resource expansion through drilling programs and feasibility studies aimed at low-cost, open-pit mining operations. Pearl Gull Iron operates primarily in the Yilgarn region of Western Australia, targeting steelmakers and iron ore consumers in Asia-Pacific markets with its premium-grade products characterized by high Fe content and beneficial metallurgical properties. Founded in 2021 and headquartered in Perth, Australia, the company maintains a lean structure with no major subsidiaries or parent entities. In recent developments, Pearl Gull Iron completed a A$3.5 million placement to sophisticated investors in late 2024 to fund accelerated drilling at Extension South, declared a high-grade resource upgrade at Cockatoo Tank exceeding 20 million tonnes at over 64% Fe in mid-2025, and entered a strategic offtake discussion framework with a major Chinese steel producer for future DSO production.