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Anova Metals drills high-grade gold in Nevada

Anova Metals (ASX:AWV) has received assay results exceeding 30 g/t gold from the recently completed drilling program at its Big Springs Project in Nevada, U.S.
Anova Metals drills high-grade gold in Nevada
Anova has drilled up to 30g/t gold.

The initial program focused on resource extensions at the South Sammy and Beadles Creek deposit, together with geotechnical drilling at the North Sammy deposit.

Best intersections include:
- 10.7 metres at 30.9 g/t gold, including 3 metres at 60.4 g/t gold; and
- 9.1 metres at 7.5 g/t gold, including 4.6 metres at 10.9 g/t gold.

The exceptional intersection of 30.9 g/t gold is outside the limits of the currently modelled resource envelope and extends a high‐grade zone intersected in the past.

The Beadles Creek zone remains open both along dip and strike and is a compelling target that will be further drill tested in 2017.

These results will be incorporated into updated underground and open pit mine designs before the planned start of mining in 2017.

Anova’s drill program was fully funded by the recently completed share placement and share purchase plan which collectively raised over $9 million.

The company’s share price has increased by about 165% since the beginning of 2016, last trading at $0.13.

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Anova Metals Timeline

Newswire
June 06 2017
Newswire
August 09 2016

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