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Allegiant Gold Ltd.
Summary
| Project: | Eastside | |
|---|---|---|
| Deposit: | Eastside | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 3/5/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-3-2018: Allegiant Gold Ltd. announces an Exploration/Drilling Update report for its Eastside deposit at the Eastside project. Drilling results incl. 42.7m @ 2.49g/t Au. Vancouver, BC, Canada, March 5, 2018, Allegiant Gold Ltd. (“ALLEGIANT”) (AUAU: TSX-V | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Andy Wallace (Internal) | |
| ABSTRACT: | Vancouver, BC, Canada, March 5, 2018, Allegiant Gold Ltd. (“ALLEGIANT”) (AUAU: TSX-V) (AUXXF: OTCQX) announces the first nine drill holes, holes 147-155, from the drill program currently underway at its 100% owned Eastside gold project, located 32 kilometres west of Tonopah, Nevada. The current drill program has extended the Original Zone another 300 metres to the west, where it still remains open. In addition, a second drill rig, a diamond drill rig, has been added to test the southern extension of the Original Zone, which also remains open. The planned diamond drill holes will step out up to 400 metres from the southern edge of the currently defined Original Zone and test areas with strong alteration and surface gold values which are currently classified as waste, well outside the pit outline, and areas just below the southern pit layback. The Original Zone also remains open to depth, to the east, and possibly to the north. “These results confirm our geological model and validate our objectives to double the in-pit ounces and significantly reduce the strip ratio at the Original Zone,” said Robert Giustra, Chairman of ALLEGIANT. “The Original Zone has the hallmarks of a very large gold system and is just one of many exploration targets that exist at Eastside” | |
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