Bindi Metals Restricted (ASX: BIM, “Bindi” or the “Firm”) is happy to announce an exploration replace on the not too long ago acquired Mutnica and Lisa Antimony Initiatives in Serbia.
Mutnica Antimony-Copper Venture:
- Fieldwork commenced efficiently finding antimony occurrences on the Kreva Prospect
- 5m large zone of outcropping variable stibnite-arsenopyrite veins noticed at Kreva, together with a zone of 5-20% huge antimony stibnite minerals
- Floor rock chip and 2023 soil samples submitted to assay antimony and related metals
Lisa Antimony-Gold Venture:
- Engagement of authorized staff to facilitate quick monitoring of licence grant
Determine 1 Images of current Bindi samples at Kreva 1 (left) Pattern DM014022 displaying 5-20% huge stibnite (antimony sulphide mineral; st); (proper) Pattern DM014024 displaying 1-2% disseminated stibnite (st)
NB: Visible estimates of mineral abundance ought to by no means be thought of a proxy or substitute for laboratory analyses the place concentrations or grades are the issue of principal financial curiosity. Visible estimates additionally doubtlessly present no info concerning impurities or deleterious bodily properties related to valuations
Bindi Metals Director, Eddie King mentioned:
“We’re happy to have hit the bottom operating confirming spectacular antimony potential at Mutnica and to proceed the work Apollo Minerals began on an fascinating copper goal. As well as, we now have formally engaged with in-country advisors to facilitate granting of the Lisa Antimony-Gold Venture which was the give attention to the transaction with Apollo and thought of our key focus in Serbia.”
Mutnica Antimony-Copper Venture Replace
A staff of native Serbian geologists in addition to Bindi’s Australian geologist staff are enterprise a discipline marketing campaign across the historic antimony occurrences at Kreva and regional prospecting on the Mutnica licence. The intention of the work was to relocate the historic antimony occurrences that have been reported in 2014 (see ASX BIM announcement dated 19 September 2024) and assess the financial significance of those outcrops. Precedence samples have been despatched to the SGS laboratory in Bor for rush assay on antimony, multi-element and gold assay.
The outcomes of this fieldwork are extremely encouraging and the historic Kreva 1 antimony prevalence was efficiently situated. The world is characterised by intermittent outcrop of vuggy quartz breccia with seen variable 1-5% stibnite (antimony sulphide) along with arsenopyrite (1%) in locations. The outcropping zone seems to be roughly 5m large in thickness however proof for additional antimony sulphide was uncovered over a 50m strike zone of intermittent outcrop and open undercover with a dominant northwest to north strike. A standout outcrop was noticed in what seems to be a core space of huge stibnite the place 5-20% stibnite was noticed (Determine 1).
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