Bindi hits high-grade gold at Ravni in Bosnia, is rapidly moving towards maiden drilling

• Bindi ramping up plans after recent exploration at Ravni in south-western Serbia confirmed potential for a significant system.
• Results demonstrated a highly prospective zone over three kilometres.
• IP survey completed; modelling and interpretation underway.

Bindi Metals (ASX:BIM) is now preparing to ramp up drilling plans in south-western Serbia after recent exploration work at the explorer’s Ravni licence confirmed there’s major potential for a significant gold system.

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Channel sampling at the Drenjak prospect returned numerous highlights of six metres at 15.3 grams per tonne, including two metres at 45.6 g/t. High-grade rock chip results have also confirmed strong gold tenor across the system, Bindi reported, with results clocking in at 87.2 g/t, 48.7 g/t and 46.3 g/t.

“These fantastic results continue to demonstrate Ravni is developing into a significant gold system, with bonanza-grade mineralisation defined within a broader three-kilometre prospective corridor,” Bindi’s CEO Mark Freeman said, and pointed out many of the results had cleared 20 grams per tonne.

“The scale of the soil anomalies and the presence of high-grade surface mineralisation at both Drenjak and Rujak highlight the potential for a large-scale system.”

Mr Freeman continued: “With access agreements progressing well and geophysical modelling underway, we are now moving rapidly toward our maiden drill program, which we expect will be a key catalyst in advancing Ravni.”

Ravni lies within the highly prospective Kopaonik metallogenic zone in south-western Serbia, a region known to host large-scale gold and polymetallic deposits like the 8.6Moz Rogozna deposit 40 kilometres to the south.

The combination of high-grade surface mineralisation, extensive soil anomalies, and consistent geological characteristics highlights the potential for a significant mineralised system analogous to other deposits within the Tethyan metallogenic belt.

Systematic soil sampling, incorporating both historical and recent datasets covering approximately two-thirds of the project area, has defined a continuous and coherent gold anomaly linking Drenjak and Rujak over a three-kilometre trend, significantly expanding the interpreted footprint of the system, including areas with no previously mapped mineralisation.

A preferred drilling contractor has been identified, with commercial terms substantially agreed and mobilisation capability confirmed, subject to final contract execution.

BIM is steady, 9.3¢. Mkt cap $8.564M.

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