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Bindi Metals Launches Maiden Drilling at Serbia’s Ravni Gold Project

Story Highlights
  • Bindi Metals has started a 2,000-metre maiden diamond drilling program at the Ravni Gold Project in Serbia, targeting high-grade veins at Drenjak before moving to Drenjak West and Rujak by late June.
  • The drilling campaign will test a two-kilometre mineralised corridor defined by strong gold, soil and geophysical anomalies, with success potentially establishing Ravni as a significant new gold discovery in the Tethyan Belt.
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Bindi Metals Launches Maiden Drilling at Serbia’s Ravni Gold Project

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Bindi Metals Ltd. ( (AU:BIM) ) has provided an announcement.

Bindi Metals has commenced its maiden diamond drilling program at the Ravni Gold Project in Serbia, marking the first modern, systematic drill testing across the Drenjak and Rujak prospects. The 2,000-metre campaign will initially target high-grade veins at Drenjak before moving to Drenjak West and Rujak, with drilling scheduled for completion by the end of June.

The program aims to evaluate a two-kilometre mineralised corridor defined by strong surface gold results, soil anomalies and IP chargeability-resistivity signatures, which the company believes indicate a large-scale gold system. Use of a closed-loop drilling mud system by contractor Reflex Drilling underscores a focus on environmental standards, and successful results could elevate Ravni as a significant new discovery in the Tethyan Belt, potentially strengthening Bindi’s regional footprint and investor appeal.

More about Bindi Metals Ltd.

Bindi Metals Ltd. is an Australian exploration company focused on gold projects, with a key asset in the Ravni Project located in Serbia’s highly prospective Raska Mining District. Listed on the ASX under the ticker BIM, the company targets high-grade and large-scale mineralised systems within the broader Tethyan Belt, positioning itself as an emerging player in European gold exploration.

Average Trading Volume: 131,052

Technical Sentiment Signal: Buy

Current Market Cap: A$12.89M

See more insights into BIM stock on TipRanks’ Stock Analysis page.

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