BIM – Bindi Metals | Aussie Stock Forums

Bindi Metals Limited is an Australian mineral exploration company with a focus on a gold-copper project in Queensland.

The Company has entered into an agreement to acquire a 100% interest in Exploration Permit 27478 located in Queensland (Biloela Project).

The Biloela Project comprises one granted Exploration Permit for Minerals (EPM) 27478, which covers a total area of 20 sub blocks for an area of approximately 62 km2.

The Biloela Project is located approximately 30 km southeast of Biloela, 90 km southwest of the Port of Gladstone and 390 km north-northwest of Brisbane.

Following the Company’s IPO, the Board proposes to commence exploration activities on the Project, initially focusing on data compilation, geophysical surveys at the Flanagans and Great Blackall prospects, and a drilling program at the Flanagans and Great Blackall prospects.

It is anticipated that BIM will list on the ASX during May 2022.

 

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