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The latest update is out from Bindi Metals Ltd. ( (AU:BIM) ).
Bindi Metals has secured Serbian regulatory approval to commence its maiden drilling campaign at the Ravni gold project, clearing a key permitting hurdle as it progresses land access agreements with private and forestry landholders. A recent corporate restructuring of its Serbian operations has also been completed, positioning the company to move more efficiently into field-based exploration.
The company is mobilising a two-week induced polarisation survey to map chargeability and resistivity anomalies associated with epithermal quartz veins and sulphide mineralisation, which will refine drill targets at depth and along strike. Historic core from a 2008 diamond hole at the Drenjak prospect has been relogged and resampled, with assays pending, and Bindi believes previous shallow drilling may have intersected only part of a broader stacked vein system, underscoring the potential scope of the forthcoming drill program.
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 Ltd. is an Australia-listed mineral exploration company focused on precious and base metals, with current exploration activity centred on the Ravni gold project in south‑western Serbia. The company is advancing early‑stage epithermal gold targets, aiming to define drill‑ready prospects that could underpin a larger resource in an emerging European mining jurisdiction.
Average Trading Volume: 154,340
Technical Sentiment Signal: Sell
Current Market Cap: A$9.21M
See more data about BIM stock on TipRanks’ Stock Analysis page.