COMPANY Data
Movers and SHAKERS
Wednesday, September 29, 2021
Allegiant Gold (AUXXF)(AUAU:CA)
Bureau of Land Management Approval Increases Permitted Area Six-Fold
Allegiant Gold is a mid-stage exploration stage company with 10 highly prospective projects in the southwest United States, including 7 projects in the State of Nevada. Allegiant's flagship project is Eastside, a district-scale project in Nevada with inferred resources of 1.4 million gold and 8.8 million silver ounces of inferred resources and significant potential to add size and scale. The company's shares trade on the TSX Venture Exchange under the ticker symbol "AUAU" and on the OTCQX under the ticker symbol "AUXXF."
Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
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 ...
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.












