Here's a similar deal in an equivalent jurisdiction: Evolution...

Here's a similar deal in an equivalent jurisdiction:

Evolution mining just paid US$467/oz for a high grade project adjacent to its mill at Red Lake.

Nevada is currently ranked as the premier mining jurisdiction in the world. How much should Anova's ounces be valued at?


https://twitter.com/LlLUZlSQUlRT/status/1370506161678553088?s=20

Battle North Gold Corporation to be Acquired by Evolution Mining Limited
Battle North Gold Corporation (TSX: BNAU)(OTCQX: BNAUF) (“Battle North”) and Evolution Mining
Limited (ASX: EVN) (“Evolution”) are pleased to announce they have entered into a definitive
arrangement agreement pursuant to which Evolution has agreed to acquire all of the issued and
outstanding shares of Battle North (the “Transaction”) at a price of C$2.65 per common share in cash
(the "Consideration"), for total consideration for all issued and outstanding shares pursuant to the
Transaction of approximately C$343 million.

Feasibility Study1
:
• Mineral Reserve estimate of 3.56Mt grading 5.54g/t for 635koz Au
• Measured & Indicated Mineral Resource estimate (excluding Mineral Reserves) of 1.71Mt
grading 7.09g/t for 390koz Au
• Inferred Mineral Resource of 1.56Mt grading 6.83g/t for 343koz Au
• Mine life of 8 years
• Annual production of 74koz
• All-in Sustaining Costs of US$865 per ounce