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Bindi Metals Farms Out 90% of Schryburt Lake Project in Strategic Deal
9:15am on Friday 14th of November, 2025 AEDT
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Mining
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Bindi Metals Farms Out 90% of Schryburt Lake Project in Strategic Deal
9:15am on Friday 14th of November, 2025 AEDT
Key Points
Farm-out agreement grants Canamera up to 90% interest in Schryburt Lake Project
Bindi retains 10% free carried interest until Preliminary Economic Assessment delivery
Three-stage earn-in with escalating expenditure commitments by Canamera
Option for Bindi to convert interest into 2% net smelter return royalty post-assessment
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