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BINDI METALS

OUR STRATEGIC PROJECTS

RARE EARTHS/COPPER

Bindi Metals are focused on Copper and Rare Earth exploration with projects that are strategically located in tier-1, highly prospective, world class mining jurisdictions with proven geological potential. The projects are enriched by deep market intelligence and are managed by industry leaders

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Further details of the Project are contained in the Company’s Prospectus dated 5 April 2022, which annexes an Independent Geologist’s Report setting out JORC tables and a Competent Person’s Statement.

SCHRYBURT LAKE 

RARE EARTH & NIOBIUM PROJECT - ONTARIO, CANADA

SOUGHT AFTER TENEMENT PACKAGE

 

  • Strategically located to world class rare earth and niobium deposits
     

  • Positioned in a highly underexplored terrain for rare earths
     

  • Highly sought after tenement package in one of the world’s most prospective rare earth exploration terrains
     

  • Schryburt Lake has proven high grade rare earth with niobium and phosphate credits

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HISTORICAL EXPLORATION RESULTS:

 

  • Up to 1.5m at 5.6 % TREO from 3m in SC-3 with >0.1 % TREO to end of hole (intermittent sampling) that is open in all directions and mineralised at end of hole
     

  • Over 35m @ 0.26 to 0.35 % TREO from 13.7m in SC-1 and credits of phosphate at 5.7 to 19.6 % P2O5 over the same length (intermittent sampling), that is open in all directions and mineralised at the end of hole
     

  • With High Nd Pr ratio up to 34%
     

  • Surface trenching up  to 7.6m @ 0.3% Nb2O5 that is open in all directions
     

  • Up to 1.82 % Nb2O5 in grab samples

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​UNDEREXPLORED RESOURCE

 

  • Schryburt Lake carbonate and alkalic intrusive system (3.9km by 3.8km) is similar in size and scale to world class carbonatite-hosted REE-Nb deposits like Niobec (4.2km by 3.8km)

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  • Niobec is located in the close by province of Quebec

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  • Niobec is a giant resource with >1Bt at 1.7% TREO and 697Mt at 0.4% Nb2O5 and has been an operating mine since the 1970’s

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  • Niobec sold in 2014 for $0.53 billion USD

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  • Schryburt Lake is primed for a major rare earth discovery that will deliver excellent shareholder returns

NORTH AMERICA

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WORLD-CLASS RARE EARTHS 

Highly sought after tenement package in one of the world’s most prospective rare earth exploration terrains

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LARGE SCALE POTENTIAL

1.5km long by 180m wide

BILOELA COPPER PROJECT

COPPER - QUEENSLAND, AUSTRALIA

AUSTRALIA

LARGE SALE COPPER POTENTIAL

  • Highly prospective copper project in a world class belt

  • Located within 100km of major Queensland copper mines including Mt Morgans and

  • Only 40km from Cannindah Resources Limited (ASX: CAE) Mt Cannindah Project with drill results of >1000m @ 0.5% CuEq

  • Porphyry copper type of setting with high grade copper and gold at surface

 

EXPLORATION RESULTS
 

  • Maiden drill program completed at the Biloela Copper Project in 2022

  • Drilling intersected extensive copper mineralisation with gold for over 1 km of >0.3 % copper and >0.1 g/t gold in quartz veins in shallow drilling at the Flanagan’s prospect with

  • Grades of up to 3.8 % Cu, 6.0 g/t Au, and 22.9 g/t Ag and

  • 2m @ 2.0 % Cu, 3.0 g/t Au, and 3.7 g/t Ag from 21m including 1m @ 3.5 % Cu, 6.0 g/t Au, and 6.9 g/t Ag in BIM011 and

  • 4m @ 1.1 % Cu, 0.3 g/t Au, and 6.0 g/t Ag from 9m including 1m @ 3.9 % Cu, 1.2 g/t Au, and 22.9 g/t Ag in BIM010 and

  • 12m @ 1.9 % Cu 0.5 g/t Au and 12 g/t Ag, in SCRC3 from 20m including 2m @ 9.4 % Cu, 2.1 g/t Au and 60 g/t Ag (historical results) at Great Blackall

 

NEWLY IDENTIFIED BULK TONNAGE COPPER TARGET

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  • Magnetic inversion modelling and geochemical vectoring has defined a major porphyry copper deposit style of target at the Biloela Copper Project

  • Very large 1050 m long x 850 m wide magnetic body that represents a major copper target

  • Shares many similarities to world class porphyry copper-gold deposits including Bajo de la Alumbrera porphyry deposit which has a resource of >800Mt @ 0.5 % Cu and 0.6 g/t Au

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