Bindi Metals Limited announced that has received all assays from the Biloela Project with encouraging results. The RC drill program at the Biloela Project included 20 reverse circulation (RC) holes for 2,375 m of drilling in late 2022. The program targeted outcropping vein hosted mineralisation at Flanagan's and Great Blackall.

RC Drilling Results:- Flanagan's Prospect Drilling intersected extensive gold and copper mineralisation for over 1 km of >0.1 g/t Au in quartz veins in shallow drilling Grades of up to 6.0 g/t Au, 22.9 g/t Ag and 3.8 % Cu at Flanagan's Mineralisation is open in all directions Vein textures indicated mesothermal type of quartz vein system Selected results from drilling at Flanagan's include: 2m @ 3.0 g/t Au, 2.0 % Cu, 3.7 g/t Ag from 21m including 1m @ 6.0 g/t Au, 3.5% Cu, 6.9 g/t Ag in BIM011 and 1m @ 5.1 g.t Au, 0.2 % Cu, 1.7 g/t Ag from 96m also in BIM011 2m @ 2.3 g/t Au, 0.3% Cu, 3.1 g/t Ag from 15m including 1m @ 4.6 g/t Au, 0.1 % Cu, 5.8 g/t Ag in BIM016 4m @ 0.3 g/t Au, 1.1 % Cu, 6.0 g/t Ag from 9m including 1m @ 1.2 g/t Au, 3.9 % Cu, 22.9 g/t Ag in BIM010 Drilling at Great Blackall extended the known areas of mineralisation to 500m that is open along strike and down dip. Selected results from drilling at Great Blackall include: 9m @ 0.2 g/t Au, 0.4% Cu, 3 g/t Ag from 28m including 2m @ 0.5 g.t Au, 1.2% Cu, 9 g/t Ag, 0.1% W The rationale of the new targeting work focuses on 3 geological parameters typical of worldwide examples of large, intrusive-related copper-gold deposits. These are: 1. 3D magnetic modelling: since large intrusion-related systems like Bajo De La Alumbrera are characterised by very large magnetite-pyrite haloes.

2. Downhole Sr/Y vs Y Ratios: since these are important fertility index indicators (high Sr/Y is fertile) again for large intrusion related systems for example the world-class copper-gold Los Pelambres deposit in Chile and El Indio gold deposit both in Chile. 3. Soil Geochemistry Ti/Li Ratios: since these ratios are also commonly used as important alteration index indicators for large the world-class deposits such as the giant El Teniente copper deposit in Chile.