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Bindi Metals Limited (ASX:BIM)

ALERT: Price-sensitive ASX Announcement for BIM
Current share price for BIM : $0.071 -0.034 (-32.38%)+
Announcement
Release
11 Aug 2026 8:57AM
Price at Release
$0.105
Full Release
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Summary
Bindi Metals Limited has completed its maiden drilling program at the Ravni Project in Serbia, comprising 14 diamond drill holes across four key prospects. The results have surpassed expectations, confirming high-grade gold and silver mineralization across multiple prospects, particularly at Drenjak and Rudnjak North. The program revealed a large epithermal hydrothermal system and identified a potential 3 km gold-silver corridor. Significant findings include high-grade gold at Drenjak with assays of 2m @ 21.6 g/t Au and high-grade silver at Rudnjak North with 5m @ 71.1 g/t Ag. While most assay results are still pending, the findings indicate significant geological potential and set the stage for further exploration. Bindi Metals is now focused on refining its geological model and planning the next phase of drilling.
Key Points
  • Maiden drilling program completed at Ravni Project with 14 diamond holes.
  • High-grade gold intercepts at Drenjak prospect.
  • High-grade silver mineralization at Rudnjak North.
  • Discovery of a large epithermal hydrothermal system.
  • Potential 3 km epithermal gold-silver corridor identified.
  • Majority of assay results from five drill holes still pending.
  • Bindi Metals exploring mineralized system with significant scale potential.
  • Next phase of drilling to focus on multiple open targets.
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.