Allegiant Gold Ltd. is pleased to announce that it has reached an agreement with Anchor Minerals to amend the existing option agreement on the 80 claims and the initiation by Allegiant of a 5-year, US$1.5 million work program at Goldfield West. The Goldfield West property operated by Allegiant Gold consists of 185 unpatented claims located near the historic town of Goldfield. The Property is nearby the Goldfield District [...]
Allegiant Gold Ltd. is pleased to announce a C$4,014,404 financing and strategic investment by Kinross Gold Corporation which will accelerate the exploration and development activities at the Eastside property in Nevada. On closing Kinross will own 9.9% of the then issued shares of Allegiant. Kinross operates the Round Mountain gold mine, located across the valley from Allegiant's Eastside project. Round Mountain is one [...]
Allegiant Gold Ltd. is pleased to announce the completion of additional road building at Eastside and the commencement of drilling to occur in March 2022. Allegiant has recently built over 6 kilometres of additional roads over the past few months allowing direct access to the High-Grade Zone recently discovered in our last drilling program. The roads will also provide better access to the upcoming drill program at both [...]
Allegiant Gold Ltd. is pleased to announce the continuation of the option agreement at its 100%-owned Bolo Project with New Placer Dome Gold Corp. . New Placer Dome can earn an initial 50.01% interest in Bolo by making share payments to Allegiant totaling US$1 million and completing US$4 million in exploration expenditures. New Placer Dome made a share payment of US$250,000 in December 2021 to complete the aggregate US$1 [...]
Allegiant Gold Ltd. is pleased to announce the commencement of road construction in anticipation of drilling at its 100% owned Eastside Gold Deposit in Nevada . The road building is planned to commence in and around the recently discovered high-grade zone within the western edge of the Original Pit Zone . Allegiant plans to drill up to nine diamond core holes to test the high-grade area at Eastside, where drilling [...]
Allegiant Gold Ltd. today announced that Gordon Bogden will assume the role of Chairman of the Board of Allegiant effective immediately. Mr. Bogden is a Senior Advisor and member of the Advisory Board of Origin Merchant Partners and the Founder and Chairman of Black Loon Group, a private mining investment and financial advisory company. He began his professional career as an engineer and geophysicist moving on to CIBC [...]
Allegiant Gold Ltd. is very pleased to announce the receipt of two permits allowing for a significant expansion of drilling and operations at its Flagship Eastside Project near the town of Tonopah, Nevada. The first permit expands the Plan-of-Operations from the previous 600 acres to over 3,676 acres around the Original Pit Zone. The second permit received amends the existing drill target plan within the Original Pit Zone [...]
Allegiant Gold Ltd. is pleased to announce that it has filed a preliminary short form prospectus in connection with its bought deal offering of 12,500,000 Units at $0.40 per Unit, and has concurrently filed an updated technical report on its Eastside project entitled "Updated Resource Estimate and NI 43-101 Technical Report, Eastside and Castle Gold-Silver Project Technical Report, Esmeralda County, Nevada" prepared by [...]
Allegiant Gold Ltd. is pleased to announce that it has entered into an agreement with a syndicate of investment dealers led by Cormark Securities Inc. pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, an aggregate of 12,500,000 units of the Company, at a price of $0.40 per Unit for total gross proceeds to the Company of approximately $5 million . Each Unit will consist of one common share [...]
Allegiant Gold Ltd. is pleased to have entered into a lease with option to purchase agreement to acquire 84 claims located to the west of the Original Pit Zone at Eastside , nearby the recent high-grade discovery announced by Allegiant on May 26, 2021. Highlights included: Hole 243 -- 148 metres of 2.6 grams per tonne gold: Including 14 metres of 21.9 grams per tonne gold; Including 20 metres of 173.8 grams per tonne [...]
Allegiant Gold Ltd. is pleased to announce that it will be hosting a Zoom Webinar on Thursday, June 3, 2021 at 11 a.m. ET to discuss the recent drill results and strategy going forward at Eastside. Some of the highlights of the 9-hole drilling program are as follows: HOLE 243 - 148 METRES OF 2.6 G/T GOLD OF 21.9 G/T GOLD) OF 173.8 G/T SILVER) HOLE 239 - 3 METRES OF 39.0 G/T GOLD Please refer to the following news release [...]
Allegiant Gold Ltd. is very pleased to announce bonanza grades in the best drill results to date in the Original Pit Zone, at the 100% owned Eastside gold project in Nevada. Eastside presently hosts a current NI 43-101 pit-constrained Inferred resource of 996,000 ounces of gold and 7.8 million ounces of silver* and is open in all directions. Peter Gianulis, CEO of Allegiant Gold, commented: "The results from the recent [...]