267 Samples Point to 2.5 km Gold Corridor at Bindi’s Ravni Project

Exploration Progress at Ravni

Bindi Metals Limited (ASX – BIM) has reported significant progress at its Ravni Gold Project in southern Serbia, revealing multiple gold prospects along a highly prospective 2.5-kilometre corridor. The recent reconnaissance mapping and sampling program involved collecting 267 rock chip and channel samples, with several selected for expedited assay processing. These efforts build on a compilation of historic exploration data, which has helped identify new zones of mineralisation now incorporated into the company’s evolving exploration model.

Located within the Tier 1 mining district of the Raska region, the Ravni Project benefits from its proximity to established operations and recent high-profile transactions, including Dundee Precious Metals’ acquisition of Adriatic Metals and Zijin Mining’s investment in the nearby Rogozna project. This regional context underscores the strategic value of Bindi Metals’ exploration activities.

High-Grade Prospects and Geological Setting

The Drenjak and Rujak prospects form the core of the identified mineralised corridor. At Drenjak, intense silica-sericite-gossan alteration and historic mining adits have been mapped over 200 metres, with historic rock samples returning exceptional gold grades up to 64 grams per tonne. The mineralisation style is consistent with high sulphidation epithermal systems, characterised by quartz veins and sulphide minerals such as arsenopyrite and chalcopyrite.

Similarly, the Rujak prospect exhibits a 20-metre-wide zone of intense silica-gossan alteration, with historic assays confirming gold and silver mineralisation. Notably, a previously unsampled northern zone at Rujak shows extensive silicification and gossan over 1.5 square kilometres, indicating further exploration upside. These prospects are linked along a northwest-southeast trending fault zone, enhancing the potential for a continuous gold system.

Next Steps – Geophysics and Drilling

Bindi Metals is advancing plans for a 10-line kilometre dipole induced polarization (IP) survey designed to map sulphide concentrations and silicified zones at depth. This geophysical work is critical for refining drill targets and understanding the subsurface architecture of the mineralised system. Concurrently, a soil sampling program is scheduled to commence, focusing on additional prospects such as Bucje and Petrovici, where historic data suggests further anomalies.

Landholder engagement is progressing positively, facilitating access for upcoming surveys and drill site preparations. The company anticipates receiving rush assay results within three weeks and full assay data within eight weeks. Following these results and geophysical interpretations, Bindi Metals plans to initiate a first phase drilling program aimed at testing key chargeability anomalies and high-grade mineralisation zones.

Strategic Outlook

CEO Mark Freeman highlighted the encouraging scale and continuity of mineralisation emerging at Ravni, noting the rapid convergence on refined drill targets. The project’s location within a prolific metallogenic belt and the presence of multiple high-grade prospects position Bindi Metals for an active and news-rich start to 2026. The company’s methodical approach, combining historic data with modern exploration techniques, aims to unlock a meaningful gold system in a highly sought-after mining district.