Australian explorer has received approval from Serbia’s Ministry of Mining and Energy to commence its maiden drill programme at the Ravni high-grade gold project, located in the Raška mining district in southern . The approval remains subject to the completion of land access agreements.
According to a filing with the Australian Securities Exchange, drilling activities will require agreements covering both privately owned land and government-managed forestry areas. Discussions with landholders and relevant authorities are ongoing and progressing in accordance with local regulatory requirements.
Earlier this year, Bindi Metals reported high-grade gold and silver rock chip assay results from its mapping programme across multiple prospects at Ravni. Reported values included results of up to 48.7 grams per tonne gold, 22.8 grams per tonne gold, 181 grams per tonne silver, and 12.1 grams per tonne gold, highlighting the project’s exploration potential.
Exploration at Ravni commenced in November following a binding agreement with Belgrade-based Red Creek, under which Bindi Metals can acquire up to an 80 percent interest in the project.
The 30 square kilometre Ravni licence area lies within the Western Tethyan Magmatic Belt, a mineral-rich geological zone hosting several significant gold and copper deposits, including the Rogozna project in Serbia and the Vareš deposit in .
Bindi Metals has already established a footprint in Serbia through the Lisa antimony-gold project and the Mutnica antimony-copper project, both acquired from in 2024.
