Anova Metals (ASX:AWV) - Non Executive Chairman, Edward Rigg
Non Executive Chairman, Edward Rigg
Source: Anova Metals
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  • Anova Metals (AWV) receives assay results for a further 2500 soil samples taken from its Big Springs Gold Project in Nevada
  • Samples come from the Mac Ridge area which identified more than five gold-in-soil anomalies of more than 30 parts per billion (ppb) gold and a peak of 470ppb gold
  • A gold anomaly grading more than 30ppb in the northern section of the Golden Dome South area
  • Surface mapping has been planned over both Mac Ridge and Golden Dome South to refine the identified gold anomalies and provide targeting for future drilling activities
  • Anova ends the day 5.26 per cent in the red with shares trading at 1.8 cents

Anova Metals (AWV) has received assay results for a further 2500 soil samples taken from its Big Springs Gold Project in Nevada.

Roughly 5500 soil samples were collected over a 17-square kilometre area to evaluate the gold mineralisation potential at Jacks Creek, Mac Ridge and Golden Dome South.

Results have been received for around 1500 samples which identified multiple significant gold anomalies at Jacks Creek and Golden Dome South.

These new samples come from the Mac Ridge and Golden Dome South areas with more than five gold-in-soil anomalies of more than 30 parts per billion (ppb) gold and a peak of 470ppb gold returned from Mac Ridge.

These anomalies line along the faults or at fault intersections of Mac Ridge.

A significant gold-in-soil anomaly was also discovered along the east-west fault which is subparallel to the fault that controls the mineralisation at Mac Ridge.

Anova has also discovered a gold anomaly grading more than 30ppb in the northern section of the Golden Dome South area.

Additionally, a previously identified gold-in-soil footprint has been confirmed and enlarged by the new assay results.

Surface mapping has been planned over both Mac Ridge and Golden Dome South to refine the identified gold anomalies and provide targeting for future drilling activities.

Anova has ended the day 5.26 per cent in the red with shares trading at 1.8 cents in a $27.22 million market cap.

AWV by the numbers
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