Allegiant Gold (AUXXF)(AUAU:CA)
Drilling Program to Commence in March
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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New roads improve access to drill targets. Allegiant has completed over 6 kilometers of additional roads at the Eastside project to improve access to the high-grade and east pediment zones and the western anomaly which will be targeted during the upcoming drilling program.
Drilling to commence in March. Reverse circulation (RC) drilling will focus on the east pediment zone and the western anomaly and entail 35 holes, including 25 holes at the east pediment zone with an average depth of 200 meters per hole, and 10 holes at the western anomaly with an average depth of 300 meters per hole. Core drilling will begin in May to test the recently discovered high-grade zone …
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