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Bindi Metals Limited (ASX:BIM)
ALERT: Price-sensitive ASX Announcement for BIM
Current share price for BIM : $0.090 -0.05 (-35.71%)+
Announcement
Release
1 May 2026 8:24AM
Price at Release
$0.140
Full Release
Summary
Bindi Metals Limited announced significant exploration progress at the Ravni Project in Serbia, with up to 2km strike of IP anomalies indicative of high-grade gold mineralisation at Drenjak and Rujak. The company completed an Induced Polarisation survey, identifying chargeability anomalies that align with surface mineralisation. With all permits secured, Bindi Metals is set to begin a diamond drilling program in May 2026, targeting these anomalies to explore potential extensions at depth and along strike.
Key Points
- Induced Polarisation (IP) survey modelling at the Ravni Project shows strong anomalies related to known high-grade gold mineralisation.
- IP anomalies at Drenjak extend over a 900m length with notable channel results, including high-grade gold samples.
- Rujak features a 1.1km IP anomaly with significant gold and silver channel results.
- All necessary permits and land access agreements have been secured for drilling to commence.
- Bindi Metals Limited plans a maiden diamond drilling program to commence in May 2026 to test these anomalies.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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