Bindi Metals has locked in primary land access at its Ravni Project in Serbia, clearing the way for a maiden diamond drilling program targeting high-grade gold mineralisation at Drenjak and Rujak. The 2,000-metre campaign is scheduled to begin in May 2026 with full funding and advanced environmental drilling technology.
- Primary land access secured for key drilling zones
- Maiden diamond drilling program planned for May 2026
- Targets include bonanza-grade gold at Drenjak and broad zones at Rujak
- Use of environmentally advanced closed loop drilling system
- Project located in prolific Kopaonik Metallogenic Zone
Land Access Unlocks Drilling Milestone
Bindi Metals (ASX:BIM) has cleared a critical hurdle at its Ravni Gold Project in Serbia by securing primary land access across its priority drilling targets, including the high-grade Drenjak and Rujak prospects. This development removes a key gating item ahead of the company's maiden diamond drilling campaign, set to commence in early May 2026. The agreements with local landowners and SrbijaŠume, the Serbian state forestry authority, grant full rights for drill pad construction and access routes, allowing exploration to advance from surface sampling to underground testing.
Targeting Bonanza-Grade Gold Zones
The planned drilling program will focus on approximately 2,000 metres of diamond drilling across multiple high-priority targets. At Drenjak, surface sampling has revealed bonanza-grade gold, including channel samples of 6 metres at 15.3 g/t Au with a standout 2 metres at 45.6 g/t Au, alongside rock chip results up to 87.2 g/t Au. Meanwhile, Rujak presents broad mineralised zones such as 16 metres at 1.4 g/t Au with silver credits, including 2 metres at 7.7 g/t Au and 35.8 g/t Ag. These results confirm a significant gold system extending over a 3-kilometre corridor between the two prospects, underpinned by large-scale soil anomalies measuring up to 1.9 km by 0.7 km at Rujak and 1.6 km by 0.8 km at Drenjak. The company’s exploration approach builds on earlier surface results and soil geochemistry programs that have defined the system’s scale and potential, as detailed in recent updates such as the bonanza-grade gold corridor.
Environmentally Responsible Drilling Contractor Engaged
Bindi Metals has contracted Reflex Drilling to execute the maiden diamond drilling program, utilising the Sumpless Closed Loop Drill Mud system. This technology, unique in Serbia, maintains high environmental standards by eliminating drill mud discharge, reflecting the company’s commitment to sustainable exploration practices. Mobilisation is underway with site preparation nearing completion, positioning the project for a smooth transition into drilling operations.
Strategic Positioning in a Prolific Mineral Province
The Ravni Project lies within the Kopaonik Metallogenic Zone of the Raska Mining District, part of the western Tethyan Magmatic Belt; a globally recognised mineral province known for large gold and polymetallic deposits. The project tenure spans approximately 30 square kilometres and neighbours significant deposits such as the ~8.6 million-ounce Rogozna gold equivalent deposit. Bindi Metals is earning up to an 80% interest through its stake in Red Creek d.o.o., the licence holder. This strategic positioning, combined with encouraging exploration results and imminent drilling, marks a pivotal phase in advancing Ravni towards resource definition.
Next Steps and Market Implications
With land access secured and drilling set to begin imminently, the focus shifts to operational execution and assay results from the maiden program. The company confirms it is fully funded to complete the planned drilling and is progressing site readiness and equipment mobilisation. This announcement follows regulatory approvals and preparatory work, including geophysical surveys and historic core resampling, as reported in earlier updates such as the drilling approval and core resampling. Investors will be watching closely for initial drill results that could validate the high-grade surface mineralisation and help define a resource in this emerging gold district.
Bottom Line?
The secured land access and imminent drilling mark a crucial operational leap for Bindi Metals, but the true test lies ahead in translating surface grades into a viable resource.
Questions in the middle?
- Will drilling confirm continuity of bonanza-grade mineralisation at depth?
- How will assay results influence Bindi Metals’ resource and valuation?
- What environmental or permitting challenges might arise during drilling?