Bindi Metals has identified extensive induced polarisation anomalies spanning two kilometres at its Ravni Project in Serbia, aligning with high-grade surface gold mineralisation and soil anomalies. With permits secured and site works underway, maiden diamond drilling is set to test these promising targets from May 2026.
- 2km strike length IP anomalies at Drenjak and Rujak
- Strong chargeability zones correlate with high-grade gold assays
- Permits and land access secured for drilling
- Maiden 2,000m diamond drilling program planned for May 2026
- Anomalies suggest epithermal Au-Ag system extending at depth
Extensive IP Anomalies Highlight Large-Scale Targets
Bindi Metals Limited (ASX:BIM) has completed induced polarisation (IP) survey modelling at its Ravni Project in south-western Serbia, revealing strong chargeability anomalies extending over two kilometres across the Drenjak and Rujak prospects. These anomalies closely correspond with known high-grade gold mineralisation at surface, including channel samples of 6 metres at 15.3 g/t Au and 2 metres at 45.6 g/t Au at Drenjak, and 16 metres at 1.4 g/t Au with associated silver at Rujak. The IP data also aligns with extensive soil geochemical anomalies, reinforcing the prospectivity of these zones.
The IP survey, consisting of 14 line kilometres along 10 pole-dipole lines, identified chargeability highs exceeding 40 mV/V, locally surpassing 60 mV/V where mineralisation outcrops. These values are significant compared to typical epithermal system anomalies, which generally register between 20 to 30 mV/V. The anomalies are associated with resistivity highs, suggesting sulphide mineralisation at depth consistent with an intermediate to high-sulphidation epithermal gold-silver system.
Drilling Ready to Test Depth and Strike Extensions
With all permits and land access agreements now secured, Bindi is mobilising for a maiden diamond drilling campaign scheduled to commence in May 2026. The initial program targets approximately 2,000 metres, focusing on testing the surface mineralisation and IP anomalies at depth and along strike at both Drenjak and Rujak. Several scout drill holes will also investigate newly identified chargeability zones west and south of Drenjak, which remain conceptual until drilling confirms continuity.
Bindi’s CEO, Mark Freeman, emphasised the scale and coherence of the anomalies, stating, “This gives us confidence that we are targeting the right parts of the system as we move into drilling.” The upcoming program aims to systematically test these zones to better understand the mineralised system’s extent and grade distribution.
Strategic Position in Serbia’s Raska Mining District
The Ravni Project sits within the Kopaonik Metallogenic Zone, a prolific part of the western Tethyan Magmatic Belt known for hosting significant gold and polymetallic deposits. The project’s location near major deposits such as the ~8.6 million ounce Rogozna AuEq deposit situates Bindi in a well-endowed mining district with established infrastructure and mining history.
Exploration at Ravni builds on previous surface sampling and geophysical surveys, with Bindi’s recent work refining drill targets and expanding the footprint of known mineralisation. This follows earlier announcements confirming bonanza-grade gold corridors and advancing drilling preparations with preferred contractors in place, underscoring the company’s rapid progression towards resource definition at Ravni bonanza-grade gold corridor and drilling approval and historic core resampling.
Data Quality and Future Exploration Plans
The IP survey was conducted using industry-standard equipment and modelling software, with quality control measures ensuring reliable data for interpretation. Chargeability anomalies are interpreted to reflect sulphide mineralisation within epithermal veins, consistent with observed surface geology and assay results. Soil and channel sampling programs complement the geophysical data, providing a multi-disciplinary approach to target generation.
Following the maiden drilling program, Bindi plans ongoing geochemical and geophysical surveys to delineate extensions and new targets. Community engagement and environmental compliance remain priorities as the company advances its exploration activities in this emerging gold province.
Bottom Line?
Maiden drilling this May will be the acid test for Bindi’s extensive IP anomalies, potentially unlocking a large-scale gold system in Serbia’s prolific Raska district.
Questions in the middle?
- Will the maiden drilling confirm the interpreted depth extensions of mineralisation?
- How continuous are the newly identified chargeability anomalies beyond Drenjak and Rujak?
- What impact will drilling results have on Bindi’s resource development timeline and capital strategy?