ASX-listed gold explorer Anova Metals has raised $7.1-million to fast-track large-scale exploration and mining development at its Nevada-based Big Springs project, in the US, where the company is currently finalising plans for a drilling programme. Anova announced on Thursday that it had secured firm commitments for a heavily oversubscribed placement of 54.6-million shares at 13c a share to raise the funds. The company also revealed that it would implement a share purchase plan to existing eligible shareholders to raise another $2-million on the same terms.
