Allegiant Gold is pleased to provide an update on our corporate strategy and exploration plans for 2024. Peter Gianulis, CEO of Allegiant Gold, commented: "2023 has proven to be an exceptionally challenging year for most juniors; the capital markets have all but ceased to exist for companies looking to raise non-flow-through financing funds. The Company made the decision to focus on strengthening our balance sheet [...]
Allegiant Gold is pleased to announce the completion of phase two of the option and joint venture agreement with Summa Silver Corp. for the Mogollon Property. In connection with the Option Agreement dated August 21, 2020, Summa has issued 8,912,884 common shares at a deemed price of $0.4579 per common share in order to satisfy the US$3,000,000 phase two option payment and, thereby have completed the acquisition of 100 [...]
Allegiant Gold announces the finding of high-grade gold and silver on existing heap leach and waste dumps at the former operating Boss Mine, within the Castle Project. Allegiant sampled material from existing waste dumps and tailings. A total of 79 samples were collected and analyzed for gold, silver and other elements, the majority from the Boss Mine's leach pad. Highlights of the sampling include: Coarse fraction [...]
Allegiant Gold is very pleased to announce the completion of the Phase I Option of the Option Agreement with Summa Silver for the Mogollon Project. In connection with Summa's option and joint venture agreement dated August 21, 2020, Summa intends to pay US$100,000 in cash and issue, subject to approval from the TSX Venture Exchange, 4,398,831 common shares at a deemed price of $0.5047 per common share in order to satisfy [...]
Allegiant Gold is very pleased to announce that it has completed its sediment sampling program over the TS Prospect and the results confirmed the initial finding of a significant Lithium-Boron anomaly along the western margin of the Big Smoky Valley basin, near Tonopah, Nevada. Allegiant has received very encouraging sediment sample assay results from 500 samples collected over its TS Prospect. The aggregated results and [...]
Allegiant Gold announces the naming of the McIntosh Zone, formerly known as the Original Pit Zone, after Larry McIntosh, the exploration geologist who made the original discovery and provides further clarity on the nomenclature applied to the Eastside District as a whole. Larry's prospecting and sampling led Allegiant into Eastside, and then the drilling program that generated the discovery in 2011 for Cordex and [...]
Allegiant Gold is very pleased to provide a detailed update of our exploration drilling program for the remainder of 2023. Allegiant plans to drill a total of 15,115 metres of Reverse Circulation and Diamond Core Drilling for 2023. The Company completed a 19-hole, 2,400 m RC drill program in Feb at the Castle Project. Allegiant has already received most of the necessary drill permits and expects the remainder in the next [...]
Allegiant Gold is very pleased to announce that an initial sediment sampling program over approximately half of its recently staked TS Prospect has indicated a significant Lithium-Boron anomaly along the western margin of the Big Smoky Valley basin. Allegiant has received very encouraging sample assay results from 250 samples taken over the northern half of the TS Prospect. The Company is continuing the program on the [...]
Allegiant Gold is pleased to announce that it has completed the sale of its Four Metals project located in Arizona to Barksdale Resources Corp. after receiving the final option payment of cash and common shares. Peter Gianulis, CEO of Allegiant Gold, commented: "It has been a pleasure working with Barksdale over the past four years on the Four Metals Project. I am confident that Barksdale will be able to unlock the value [...]
Allegiant Gold is very pleased to announce that it has begun its 2023 exploration program at the Goldfield West Project that lies just outside of Goldfield, Nevada. The exploration program will consist of mapping and sampling of selected target areas to follow-up on the geophysical surveys conducted in the fall of 2022 and included airborne magnetic and surface CSAMT surveys. After the results have been analysed and [...]
Allegiant Gold is very pleased to announce that it has completed the staking of 126 federal lode mining claims over gold and lithium anomalies adjacent to its Eastside Property within the Big Smoky Valley. Allegiant has staked 126 federal lode mining claims, comprising the TS Prospect, to the east of its Eastside Property. Allegiant has identified anomalous gold and lithium in outcrops of travertine sinter that occur at [...]
Allegiant Gold announces that CopAur Minerals Inc. has completed the terms of the option agreement to earn-into 50.01% of Allegiant Bolo project and has elected the option to acquire 75% of the project. Allegiant was informed by CopAur that it had met the US$1.5 million work requirement on Bolo for calendar year 2022, thereby having met all terms of the option agreement signed between Allegiant and Barrian Mining Corp in [...]
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