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Bindi Metals Ltd. ( (AU:BIM) ) has provided an update.
Bindi Metals has reported highly encouraging rush rock-chip assay results from its Ravni Gold Project in south‑western Serbia, with surface samples from multiple prospects returning high grades of up to 48.7 g/t gold and 181 g/t silver, particularly at the Drenjak and Rujak prospects. Mineralisation at Drenjak has now been mapped over approximately 1.1 km, including significant extensions beyond historic workings, and the company is progressing an extensive exploration program comprising 267 additional rock samples, a 746-sample regional soil survey, a 10-line-km dipole IP geophysical program, and permitting for a maiden drill campaign, positioning Ravni as an emerging, near-term drill-ready opportunity with potential to enhance Bindi’s growth pipeline and regional footprint.
The most recent analyst rating on (AU:BIM) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Bindi Metals Ltd. stock, see the AU:BIM Stock Forecast page.
More about Bindi Metals Ltd.
Bindi Metals Limited (ASX: BIM) is an Australia-based mineral exploration company focused on gold and silver exploration, with its Ravni exploration licence located in south‑western Serbia. The company targets epithermal gold–silver systems and related intrusive-hosted mineralisation, aiming to advance early-stage prospects into drill-ready projects within prospective international mining jurisdictions.
Average Trading Volume: 164,989
Technical Sentiment Signal: Sell
Current Market Cap: A$9.21M
See more insights into BIM stock on TipRanks’ Stock Analysis page.