Movers and SHAKERS
Allegiant Gold Ltd (AUXXF)(AUAU:CA)
Virtual Road Show Take-Aways
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.
Refer to the full report for the price target, fundamental analysis, and rating.
Virtual roadshow presentation. Mr. Peter Gianulis, CEO, made a presentation and participated in a virtual roadshow. Replays will be available shortly on www.channelchek.com. Management believes that its flagship Eastside project represents a large gold resource in different pit areas that could potentially reach 2 to 5 million gold ounces. Near-term goals include proving up a resource of 1.5 to 2.0 million gold ounces within the next 12 months and then make decisions on how to expand those resources.
Drilling program. In September 2020, the company commenced a 15,000-meter drilling program to test additional targets, expand resources at the Castle Zone in the southern part of the project area, and increase resources in the original pit zone in the northern portion of the project area, which hosts a current mineral resource. By year-end 2020, Allegiant drilled roughly 6,000 meters in the ...
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.