Tag: Bindi Metals

  • Bindi Metals to Launch Maiden Drilling at Serbia’s Ravni Gold Project in May Targeting High-Grade Surface Mineralisation

    Bindi Metals to Launch Maiden Drilling at Serbia’s Ravni Gold Project in May Targeting High-Grade Surface Mineralisation

    Australian mining company Bindi Metals will commence its first drilling programme at the Ravni high-grade gold project in Serbia’s southwestern Raska mining district in May, after securing land access across priority drilling locations, the company confirmed in an ASX filing on Wednesday.

    The maiden diamond drilling programme has been designed to test multiple high-priority targets across the Drenjak and Rujak prospects as well as several scout drilling locations. At Drenjak, the programme will focus on high-grade surface mineralisation, while Rujak will be tested for broad mineralised zones. Serbian contractor Reflex Drilling has been engaged to carry out the work.

    Ravni covers 30 square kilometres of tenure within the Western Tethyan Magmatic Belt — a prolific geological corridor that hosts numerous significant gold, copper and base metal deposits, including the Rogozna project in Serbia and the Vares deposit in Bosnia and Herzegovina. Bindi Metals began exploration at Ravni in November following a binding agreement with Belgrade-based Red Creek to acquire up to an 80% interest in the project.

    Beyond Ravni, Bindi Metals holds two further Serbian assets acquired from Apollo Minerals in 2024 — the Lisa antimony-gold project and the Mutnica antimony-copper project — giving the company a multi-commodity exploration portfolio across one of Europe’s most active mining jurisdictions.

  • Bindi Metals Secures Approval for Maiden Drill Programme at Ravni Gold Project in Serbia

    Bindi Metals Secures Approval for Maiden Drill Programme at Ravni Gold Project in Serbia

    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.