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Qanova metals limited 29 October 2021 ASX ANNOUNCEMENT QUARTERLY ACTIVITIES REPORT FOR PERIOD ENDED 30 SEPTEMBER 2021 HIGHLIGHTS : • • RC drilling program for 2021 commenced at Big Springs encompassing approximately 5,100 metres across high - priority near mine extensional and district targets . This drilling program is a combination of following up of outstanding drill results from 2020 drilling program and exploring new targets identified . Biology and cultural surveys completed at Big Springs as part of the process to apply for the expanded Plan of Operation ( POO ) , and the reports aim to be submitted by end of 2021 calendar year . Approximately 5,500 samples collected across three key areas : Mac Ridge North , Jacks Find and Golden Dome South . Surface geology mapping also now completed at Crusher Zone and Beadles Creek with encouraging indicators of gold mineralisation observed . 240 new mining claims pegged bringing total prospecting land package at Big Springs Gold Project to 81 km² . Four new areas secured , including the zone between Dorsey Creek and Jack's Creek along the mineralisation controlling Schoonover fault , east of Mac Ridge North and Golden Dome South prospects , and east of Dorsey Creek toward Golden Dome North . Dr. Amanda Buckingham was appointed as the non - executive director , and John Davis will resign from the board at the conclusion of the 2021 AGM . Cash of A $ 6.26 million and zero debt ( excluding usual creditor balances ) at 30 September 2021 . Anova Metals Limited ( ASX : AWV ) ( Anova or the Company ) provides its quarterly activities report for the quarter ended 30 September 2021 . Commenting on the activities of the quarter , Anova Managing Director , Mingyan Wang , said : " RC drilling program has commenced at Big Springs Gold Project to test the existing gold mineralisation extension from 2020 drilling program discovery and explore new targets identified from the Comprehensive Targeting Study . Four new targets within the mining permitted area will be tested . The Company has progressed well on other jobs during the quarter as well , such as approximately 5,500 soil samples submitted to the lab , another 240 mining claims covering wide prospecting area been secured , and biology and cultural surveys completed . The Company will keep shareholders updated with the progress of multi - parallel running activities . " Anova Metals Limited ABN 20 147 678 779 Level 3 , 3-5 Bennett Street , East Perth WA 6004 P +61 8 9481 0389 E info@anovametals.com.au Wanovametals.com.au | 1