Bindi Metals Limited: High Grade Antimony Project Acquisition

Sep 19, 2024

Bindi Metals Limited (ASX: BIM) announced the strategic acquisition of the Lisa Antimony-Gold Project and the Mutnica Antimony-Copper Project in Serbia, Europe. This acquisition, made under a binding tenement sale agreement, signifies a significant step forward for Bindi. The Lisa Project tenure, covering approximately 30km, and the Mutnica Project tenure, comprising 50.5km, hold immense potential. The historical high-grade antimony mining within the Lisa permit and the presence of high grades of antimony at Mutnica make these acquisitions particularly promising, instilling a sense of optimism about the future.

These projects are well-positioned to address Europe’s growing supply chain vulnerabilities for critical metals, especially with antimony playing a crucial role in defense and renewable energy technologies. These acquisitions underscore Bindi’s unwavering commitment to securing essential mineral resources, instilling confidence in the company’s mission.

 

 

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