Promising Survey Results Provides Confidence In Growth Potential
Anova Metals Limited (ASX: AWV) has pegged and secured another 240 mining claims surrounding the existing land package at its 100%-owned Big Springs Gold Project in Nevada, USA.
This brings the total prospecting land package held by Anova at Big Springs to 81 sq. km
Managing Director, Dr Mingyan (Joe) Wang, said the company has we secured more prospecting land at the Big Springs gold project on the basis of solid works that it had achieved in 2020, including geophysical surveys, geology mapping, drilling programmes, and a comprehensive targeting study.
“Six district targets identified are wholly or partly districted within the new claims. Soil sampling and mapping has commenced on the new claims with further exploration activities to be conducted to refine those identified targets and significantly expand our existing 1 Moz resources in the near future.”
The new claims comprise four areas:
1. The largest area is the connecting zone between Dorsey Creek and Jack’s Creek along the interpreted Schoonover fault zone, which controls gold mineralisation at North Sammy.
2. The zones east from the Mac Ridge North prospect. The Hanson Creek Formation occurs at the new claims east of Mac Ridge North. The gold mineralisation at Mac Ridge East is hosted by the Hanson Creek Formation, which is also the hosting formation at the nearby Jerritt Canyon Gold Mine
3. Area toward east of Golden Dome South prospect. Golden Dome South prospect is adjacent to the Jerritt Canyon gold project, which has contentiously produced ~10 Moz of gold since 1980s. Jerritt Canyon was recently acquired by world class silver producer First Majestic for US$ 470. Golden Dome mineralisation has been approved by historical drilling programmes.
4. The zone east of Dorsey Creek toward Golden Dome North, which was along the E-W direction fault and covers part of district target in high priority.
Six of the 41 identified district targets in the recent comprehensive targeting study completed at Big Springs are wholly or partly distributed within the new mining claims.
Historical soil samples and rock chip samples have picked up strong Au anomalies west of Dorsey Creek and south of Jack’s Creek, which are consistent with district targets and structure intersections interpreted from the gravity survey.
Silicification alteration is identified from field mapping within the new claims west of Dorsey Creek, which is consistent with the soil abnormalities along the E-W structure. Dykes are found to be gold mineralised at Dorsey Creek, and parallel dykes and intrusions interpreted from the drone magnetic survey also occur within the new claims.
Interpreted intrusion overlaps with identified target and mapped silicification alteration. Soil sampling and mapping is ongoing at the new claims connecting Jacks Creek and Dorsey Creek, targeted at further refining identified targets to guide future drilling activities. Further exploration activities are also being planned to test key zones across the other new claims.
For further information please visit: https://anovametals.com.au/