Movers and SHAKERS
Allegiant Gold (AUXXF)(AUAU:CA)
Bureau of Land Management Approval Increases Permitted Area Six-Fold
Allegiant Gold Ltd is a gold exploration company. Its project profile consists of Bolo, Browns Canyon, Clara Moro, Four Metals, Monitor Hills, Red Hills, Silver Dome, West Goldfield, White Horse Flats, Mogollon, Eastside, Dutch Flat, and others.
Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.
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Bureau of Land Management approval. Allegiant Gold received Bureau of Land Management approval to significantly expand its drilling activities and operations at its flagship Eastside project in Nevada. Allegiant is now able to expand drilling beyond the existing original pit zone as well as around a recently discovered high-grade zone.
Significantly expands the permitted area. The first permit expands the plan-of-operations to 3,676 acres from 600 acres around the original pit zone. The second permit amends the existing drill target plan within the original pit zone and will allow Allegiant to drill up to 14 new diamond core holes to test the recently discovered high-grade zone announced in May. Allegiant is now able to construct ...
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