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Bindi Metals (ASX:$BIM) uncovers significant porphyry copper potential at Tea Tree

Exploration results at Tea Tree within Biloela Project


Bindi Metals Limited (ASX:$BIM) has announced the results of the regional soil sampling and gradient array IP survey completed at the Tea Tree area, 15 km north of the Flanagan's prospect and 2022 drill program, within the 456 sq km tenement package of the Biloela Project, Queensland. The results highlight significant potential for a new porphyry Cu-Au system within the highly prospective Connors Arc terrain, with extensive soil and IP anomalies at Tea Tree and the newly discovered zone at Tea Tree West representing impressive potential drill targets for Bindi.

Executive Commentary on Tea Tree Exploration Results


Results from Tea Tree highlight the significant potential for a new porphyry Cu-Au system within the highly prospective Connors Arc terrain. This is a proven belt that hosts world-class deposits such as the 8 Moz Mt Morgan gold-copper deposit. Extensive soil and IP anomalies at Tea Tree as well as the newly discovered zone at Tea Tree West are highly encouraging and represent impressive potential drill targets for Bindi.

Summary of Tea Tree Exploration Results and Outlook


The exploration results at Tea Tree within the Biloela Project tenement package have uncovered significant porphyry copper potential, with extensive soil and IP anomalies indicating the presence of Cu-Au-Zn mineralized zones at Tea Tree and Tea Tree West. The identification of a new prospect at Tea Tree West further adds to the promising outlook. The company's next steps involve prioritizing field work to extend the soil program and collect rock chips and geological information from Tea Tree West, with the aim of planning a potential regional drill program. Bindi Metals aims to explore and discover critical minerals essential to the global energy transition and to grow the Company for the benefit of all stakeholders.

Sourcehttps://announcements.asx.com.au/asxpdf/20231127/pdf/05xtt9yfgxbxc5.pdf

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