Allegiant Gold Ltd. is pleased to announce that drilling is underway at ALLEGIANT’S 100% owned Red Hills project, located 56 km northeast of Ely, Nevada. A ground magnetic survey conducted at Red Hills has identified a large anomaly, interpreted to be buried intrusive rock, which ALLEGIANT plans to test with eight reverse circulation drill holes, totaling up to 2,200 metres. A Red Hills map can be found at the [...]
Allegiant Gold Ltd. is pleased to announce that it has closed the second and final tranche of the non-brokered private placement first announced on July 5th, 2018 . The tranche consisted of gross proceeds of CAD$2,178,336.65 through the issuance of 6,223,819 common shares at CAD$0.35 per share. The principal investor in the tranche was Goldcorp Inc. whom acquired 5,923,819 common shares , resulting in an ownership [...]
VANCOUVER, British Columbia, Aug. 01, 2018 -- Allegiant Gold Ltd. is pleased to report that it is in the final stages of preparing for an unprecedented exploration drilling campaign that is set to begin this month and will continue for the next 10 to 12 months. Six high-priority gold projects located principally in the world-class mining jurisdiction of Nevada will be drill tested. Drilling will be funded from the [...]
British Columbia, July 16, 2018 -- Allegiant Gold Ltd. is pleased to announce that it has closed the first tranche of the non-brokered private placement that was subsequently increased due to strong investor demand . The first tranche raised gross proceeds of CAD$2,767,163.70 through the issuance of 7,906,182 common shares at CAD$0.35 per share. These shares are subject to a hold period expiring November 14, 2018. The [...]
British Columbia, July 10, 2018 -- Allegiant Gold Ltd. is pleased to announce that due to strong investor demand it has increased its previously announced non-brokered private placement from CAD$4,415,605 to CAD$4,945,500; an increase of CAN$529,895. The placement will consist of 14,130,000 common shares of ALLEGIANT at a price of CAN$0.35 per common share . Proceeds of the Offering will be used to carry-out high-impact [...]
VANCOUVER, British Columbia, July 05, 2018 -- Allegiant Gold Ltd. is pleased to announce that it has arranged a non-brokered private placement to raise CAN$4,415,605. The placement will consist of 12,616,014 shares of ALLEGIANT at a price of CAN$0.35 per common share . In connection with the Offering, Goldcorp Inc. is undertaking a strategic investment in ALLEGIANT. Goldcorp will purchase 5,923,819 ALLEGIANT common shares [...]
VANCOUVER, British Columbia, March 23, 2018 -- Allegiant Gold Ltd. is pleased to announce that a second drill rig has been added to the resource expansion program currently underway at ALLEGIANT’S 100% owned Eastside gold project, located 32 kilometres west of Tonopah, Nevada. The goal of the program is to double the pit-constrained inferred resource, which currently stands at 721,000 gold equivalent ounces1, at the [...]
Allegiant Gold announces the first nine drill holes, holes 147-155, from the drill program currently underway at its 100% owned Eastside gold project, located 32 km west of Tonopa. Highlights: Drill holes 147, 151, 152, 154, and 155 were drilled up to 300 metres to the west of the Original Zone deposit, and all of the holes contained gold mineralization. Holes, 147, 151, 152, 154, and 155, were drilled in areas either [...]
Allegiant Gold is pleased to announce that its common shares will begin trading on the OTCQX under the trading symbol “AUXXF” on Monday, February 26. In addition, the common shares of ALLEGIANT trading on the OTCQX are DTC eligible. The OTCQX Best Market offers transparent and efficient trading of established, investor-focused U.S. and global companies. To qualify for the OTCQX market, companies must meet high [...]
VANCOUVER, British Columbia, Feb. 08, 2018 -- Allegiant Gold Ltd. is pleased to announce its drilling plans, which include resource expansion drilling at its flagship project Eastside, currently in progress, and high-impact discovery drilling at nine of ALLEGIANT’s other gold projects located primarily in the mining-friendly jurisdiction of Nevada. “We’re pleased to announce ALLEGIANT’s drilling [...]
VANCOUVER, British Columbia, Feb. 05, 2018 -- Allegiant Gold Ltd. is pleased to provide an update on its 100% owned Bolo gold project located 90 km northeast of Tonopah, Nevada. Gold mineralization at Bolo is Carlin-type, similar to Pinson, Lone Tree/Stonehouse, and Turquoise Ridge/Getchell, all multimillion ounce producers, where gold spreads into wall rocks along high-angle structures. Surface sampling at Bolo has [...]
Columbus Gold and Allegiant Gold are pleased to announce that the common shares of Columbus’ spin-out ALLEGIANT will begin trading on the TSX Venture Exchange at market open today, January 30, 2018, under the trading symbol “AUAU”. “Today marks the beginning of a new and exhilarating chapter for our shareholders,” said Robert Giustra, Chairman of ALLEGIANT and of Columbus. "ALLEGIANT’s [...]