Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Bindi Metals Ltd. ( (AU:BIM) ) has issued an announcement.
Bindi Metals Ltd. has secured primary land access across priority drilling locations at its Ravni gold project in Serbia, clearing a major hurdle to begin fieldwork. Agreements with local landowners and the state forestry authority grant full rights for drill pad construction and access routes at the Drenjak and Rujak prospects, which host extensive surface gold mineralisation along a roughly 3km corridor.
The company will launch a fully funded maiden diamond drilling program of about 2,000 metres in May 2026, targeting high-grade zones defined by bonanza channel samples and rock chips as well as broad mineralised intervals and large-scale soil anomalies. Bindi has engaged Reflex Drilling, which will use a closed-loop mud system to meet higher environmental standards, and the campaign marks a key milestone in testing the system at depth and potentially upgrading Ravni’s status within the regional gold exploration landscape.
More about Bindi Metals Ltd.
Bindi Metals Ltd. is an Australian-listed mineral exploration company focused on gold projects, with a key asset at the Ravni Project in Serbia. The company targets high-grade gold mineralisation across prospects such as Drenjak and Rujak, aiming to advance these early-stage discoveries through systematic drilling and evaluation to define their potential scale and economic viability.
Average Trading Volume: 137,825
Technical Sentiment Signal: Buy
Current Market Cap: A$11.05M
Find detailed analytics on BIM stock on TipRanks’ Stock Analysis page.