Bindi Metals has completed its maiden diamond drilling program at the Ravni Project in Serbia, returning high-grade gold and silver intercepts from initial assays across multiple prospects.

The program totalled 2,159.4 metres across 14 diamond holes covering four priority prospects within an epithermal corridor. Drilling at the Drenjak prospect intersected high-grade gold in hole RAV26011, returning 2m at 21.6 g/t Au from 47 metres, including a 1-metre section grading 37.8 g/t Au with 0.6% bismuth. Assays are pending directly below this intersection, which remains open.

Earlier drilling at Drenjak encountered operational challenges in the upper 60 to 70 metres due to unmapped historic workings and fractured ground, resulting in core loss. Bindi introduced a larger-capacity rig for later holes, which improved core recovery within the mineralised zone.

At the Rudnjak North prospect, drilling intersected wide zones of vuggy silica, pyrite and breccia host rocks across more than 80 metres in all three holes. Rush assays from hole RAV26010 returned high-grade silver towards the end of the interval, yielding 5m at 71.1 g/t Ag from 112.8 metres, including 1m at 341.0 g/t Ag. Assays remain pending below this interval along strike.

"The maiden drill program has significantly exceeded our expectations confirming high-grade gold and silver mineralisation at multiple prospects and, importantly, demonstrated the presence of a large epithermal hydrothermal system across the Ravni Project. The results strengthen our belief that we are exploring a mineralised system with significant scale potential."

— Mark Freeman, CEO

Bindi expects to receive remaining assay results from five drill holes at the Ravni project within eight weeks. For future exploration, the company plans to conduct reverse circulation drilling to test the first 100 metres at the Drenjak prospect, subject to necessary permitting and work program approvals.

Read the full announcement: Maiden Ravni Drill Program Delivers High-Grade Gold & Silver