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Significant exploration results at Biloela Project


HIGHLIGHTS

  • Reconnaissance rock chip sampling, soil sampling and ASTER mineral mapping completed at Biloela

  • High grade breccia hosted mineralisation identified at Cave Mountain along 1 km Cu-Au soil anomaly with selected results of:

    • 11.4 g/t Au and 1.2% Cu;

    • 9.9 g/t Au and 1.6% Cu; and

    • 0.8 g/t Au and 0.8% Cu.

  • High grade vein hosted mineralisation identified at Old Kroombit along 1.5 km soil anomaly with selected results of:

    • 2.4 g/t Au, 198 g/t Ag and 42.1% Cu;

    • 19.9 g/t Ag and 8.0% Cu;

    • 0.3 g/t Au, 12.9 g/t Ag, 1.2% Cu; and

    • Extensive 4 km ASTER anomaly associated with high grade mineralisation.

  • New epithermal system identified at Karita with encouraging results of:

    • 135 g/t Ag, 0.15 g/t Au and 6.7% Cu;

    • 9.7 g/t Ag and 1.5% Cu;

    • 8.0 g/t Ag, 0.1 g/t Au and 0.7% Cu; and

    • 3.5 km ASTER anomaly correlated with outcropping veins.

  • Regional systematic exploration has been successful with four significant copper-gold prospects defined to date.



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RARE EARTHS & COPPER

MARKET INTELLIGENCE

Making high impact copper discoveries in Eastern Australia’s worldclass porphyry copper belts and rare earths discoveries in Canada’s most endowed rare earth terrain and globally one of richest and most prospective rare earth belts

Rare Earths

Neodymium-Praseodymium (NdPr) are critical to the manufacture of rare earth permanent magnets. NdPr magnets vital to Electric Vehicles (EV), wind turbines and everyday electronics. Market growth for NdPr oxides to increase at 10 % CAGR  during the 2020 to 2030 period

 

Copper

The global market for Copper estimated at US$170.6 Billion in the year 2022, is projected to reach a revised size of US$298.4 Billion by 2030, growing at a CAGR of 7.2% over the period 2022-2030

The company is strategically exploring for copper and rare earths in teir-1 jurisdictions to meet this demand and believes exploration successes will create a highly valuable company

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    Registered Office

    Level 8, London House,
    216 St Georges Terrace,
    Perth WA 6000

     

    Phone

    +61 8 9481 0389

     

    Email

    info@bindimetals.com.au

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