Anova Metals commences drilling at Nevada gold project

Company News

by Jessica Ellerm


 
Anova Metals Limited (ASX:AWV) has announced it has commenced drilling at its Big Springs Project in Nevada, USA.
 
Big Springs is a gold deposit located in an established gold mining region in north eastern Nevada.
 
Current drilling is expected to take two months to complete, with a second drill rig to start shortly.
 
The company has indicated it is fully funded to complete its exploration program at Big Springs thanks to its recent $7.1 million raising and an over-subscribed share purchase plan which raised additional funds.
 
Anova Metals Limited reported a net loss of $1.4 million at 31 December 2015.

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