AUAU:TSX.V; AUXXF:OTCQX

Allegiant Gold Ltd.

ALLEGIANT owns 100% of 12 highly-prospective drill-ready gold projects in the US, 9 of them in Nevada. The majority of the drill targets have been identified by Andy Wallace, credited with multiple gold mine discoveries. ALLEGIANT is one of the most active explorers in the gold sector; 3 projects with “discovery potential" have been drilled since August 2018, and at least 4 more are planned to be drilled by June 2019. The flagship project Eastside hosts a large and open resource, located in an area of excellent infrastructure. The Original Zone at Eastside, hosts a pit-constrained inferred resource totaling 721,000 gold equivalent oz. (35.78m tonnes grading 0.63g/t gold equivalent). Preliminary metallurgical testing indicates that both oxide and sulphide mineralization at the Original Zone is amenable to heap leaching. Eastside also hosts numerous exploration targets and historical resources of 272,153 oz. gold (11,177,761 tons grading 0.82g/t gold).
AUAU:TSX.V AUXXF:OTCQX

Expert Comments:

Gwen Preston, Resource Maven (2/1/19)
"Drilling has begun on Allegiant Gold Ltd.'s Monitor Hills project in Nevada.; it's the fourth project to see the drill bit in the company's six-project, discovery-focused exploration program. The program will consist of 10–12 rotary holes and total up to 2,150m."

Brien Lundin, Gold Newsletter (Jefferson Financial) (1/31/19)
"Allegiant Gold Ltd. elected to option out three properties: Bolo, Mogollon and Four Metals. . .the deals will save the company up to $600K in property costs and could generate up to $3M in option payments. . .the upshot is that Allegiant will have more time and money to focus on its current exploration program and on advancing its flagship Eastside project."

Prior geologic mapping and surveying guide exploration and drilling at the project.
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Gwen Preston, The Maven Letter (1/23/19)
"Allegiant Gold Ltd. has optioned out three projects from its large portfolio in the southwest U.S. . .the deals will save the company up to $6K in property holding costs and have the potential to generate up to $3M in option payments. Allegiant will likely use that money to advance its flagship Eastside project and to support its ongoing exploration campaign."

Thibaut Lepouttre, Caesars Report (1/3/19)
"Allegiant Gold Ltd. has completed its drill program on the North Brown project in mid-December, which means we should be able to see the initial assay results in the next few weeks. The company has completed 11 drill holes for a total of 2,036m of rotary drilling on the high-priority zones where the alteration and geochemical results are indicative of Carlin-type gold mineralization."

Brien Lundin, Gold Newsletter (Jefferson Financial) (12/15/18)
"Allegiant Gold Ltd. is moving quickly with its exploration drill program on six early-stage projects. . .I like how the company is methodically moving through its program to ensure all these targets get drilled. With the Eastside project providing a resource and a backstop should this exploration program fall flat, the ongoing program continues to offer discovery upside."

ALLEGIANT continues making progress on its discovery program.
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Thibaut Lepouttre, Caesars Report (10/20/18)
"We expect Allegiant Gold Ltd. to be in a position to increase the current resource estimate at Eastside considering all holes were drilled in what was previously classified as 'in-pit waste'. . .the company has been guiding to try to 'double the in-pit resource,' and it now has a good shot at doing so."

ALLEGIANT's roughly year-long drill program in Nevada is progressing.
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ALLEGIANT reported drill results for 13 holes.
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ALLEGIANT reported the closing of a non-brokered private placement with gold major Goldcorp taking a large stake.
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More Expert Comments

Experts Following This Company

Michael Allen, President and CEO – Northern Empire Resources Corp.
Eric Coffin, Owner – HRA Advisory
Michael Curran, Managing Director, Research Analyst – Beacon Securities Ltd.
Jeb Handwerger, Author Gold Stock Trades
Nick Hodge, Founder and president of the Outsider Club – Outsider Club
Maurice Jackson
Byron King, Editor – Agora Financial
James Kwantes Resource Opportunities
Thibaut Lepouttre, Editor Caesars Report
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Gwen Preston, Founder Resource Maven

The information provided above is from analysts, newsletters, the company and other contributors.

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Investing Highlights
 
People: Andy Wallace has discovered 5 gold mines in Nevada
 
Places: 9 gold projects in Nevada
 
Projects: Resource expansion and discovery opportunity
catalyst Calendar
Q1
2019
Completion of drilling at 6 projects
Q2
2019
Double resources at Eastside project, currently 721,000 oz gold