Bindi Metals Limited (ASX: BIM) has entered into a binding agreement to acquire up to an 80% interest in the newly granted 30.5 km² Ravni Gold Project in southern Serbia’s Raska mining district, a region hosting world-class deposits. The project features high-grade outcropping gold mineralisation at the Ceovishte prospect, with standout trenching and sampling results of up to 64 g/t Au. Additional porphyry copper-gold and epithermal targets have also been identified, offering strong exploration upside.
To fund the acquisition and upcoming exploration programs, Bindi has launched an AU$2.5 million capital raising through a two-tranche placement, followed by a non-renounceable entitlement offer. The company plans to commence surface geochemistry and IP geophysics this quarter, strengthening its position in the Western Tethyan Magmatic Belt, near major operations like Rogozna and Trepca.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.