News
Bindi Metals is a junior explorer that listed on the ASX (BIM) in June 2022 on the back of the Biloela copper project in Central Queensland. Bindi has additionally acquired in June 2023, the Schryburt Lake rare earth element and niobium project in Ontario, Canada. The acquisition of critical metals projects is in line with the strategy to explore for green energy metals within tier-1 mining jurisdictions. The company is focused on the Schryburt Lake project and delivering exploration results in the coming months.
The Schryburt Lake project has high grade REE and niobium carbonatite-hosted mineralisation at surface with up to 5.7 % TREO and 1.8 % Nb2O5 in historical exploration. The company is progressing towards a maiden drill program in the Canadian Summer field season with surface mapping, geochemical and geophysical programs complete and results to be released shortly. Exploration at Biloela continues to deliver exceptional high grade results including the recent discovery at Tea Tree in the expanded tenement holding, returning over 40m at 1.2 % copper and 0.3 g/t gold in surface sampling.
Bindi has a tight share structure with ~32m shares on issue, over $2.5m in the bank and ~$6m market cap at current share price of $0.19 (11/7/23).
KEY PEOPLE
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Henry Renou | Executive Director
read moreMr Renou is an exploration geologist with over 16 years’ experience working in early-stage exploration through to development in North America, Southeast Asia, West Africa, Southern Africa and Australia. His focus has been on exploring for copper, gold, REE, niobium, lithium, PGE’s and bulk commodities with a number of juniors and majors.
He holds a Bachelor of Science (Honours) in Geology from Monash University and is a member of the Australian Institute of Geoscientists.
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Eddie King | Non-Executive Chairman
read moreMr King holds a Bachelor of Commerce and Bachelor of Engineering (Mining Systems) from The University of Western Australia. Mr King’s past experience includes being Manager for an investment banking firm, where he specialised in the technical and financial requirements of bulk commodity and other resource projects for investment and acquisition.
Mr King also acts as a director of Ragnar Metals Limited (ASX:RAG), M3 Mining Limited (ASX: M3M), Eastern Iron Limited (ASX: EFE) and Queensland Pacific Metals Limited (ASX: QPM). He was a former director of Six Sigma Metals Limited (ASX: SI6), Aston Minerals Limited (ASX: ASO) formerly known as European Cobalt Limited (ASX: EUC), ECS Botanics Holdings Limited (ASX: ECS) formerly known as Axxis Technology Group (ASX: AYG), Sultan Resources Limited (ASX: SLZ), Bowen Coking Coal Limited (ASX: BCB) and Lindian Resources Limited (ASX: LIN).
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Cameron McLean | Non-Executive Director
read moreMr McLean has a background in accounting and finance, with experience originating at Western Mining in Melbourne. He has more than 20 years’ experience leading and managing a range of commercial activities, including co-directing the London business, iBase Ltd, in the geo-technology sector, and as the CFO of Snowdon Mining Industry Consultants, Kagara Limited, and Atrum Coal.
Mr McLean is the founder and director of the mining investment platform Mining Intelligence, through which he has facilitated over $100m worth of mining transactions over the past five years.
Mr McLean is currently the CEO and Managing Director of Great Northern Minerals Limited (ASX: GNM). He was previously a director of Queensland Pacific Minerals Limited and non-executive Chairman of DC Two Limited.
