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A2Gold Corp. reports developments from its Nevada precious-metals exploration portfolio, including the flagship Eastside Gold-Silver Project and the Taylor Gold-Silver-Antimony Project. Company news centers on diamond core and reverse-circulation drilling, mineral resource definition, land-position changes, geophysical work, metallurgical testing, and NI 43-101 technical disclosure.
Updates also cover Taylor's silver, gold and antimony mineralization, historical antimony production within the district, carbonate replacement and stibnite-related mineralization styles, and claim activity intended to consolidate exploration targets. Eastside announcements focus on gold-silver resource expansion, structural data, oxide and sulphide mineralization, and exploration along Nevada mineral trends.
Allegiant Gold Ltd. reported exceptional drill results from its Eastside gold project in Nevada, revealing bonanza grades including 148 meters of 2.6 g/t gold and 21.9 g/t gold over 14 meters in Hole 243. The current inferred resource stands at 996,000 ounces of gold and 7.8 million ounces of silver, with exploration ongoing in the Original Pit Zone. This latest drill program has demonstrated significant mineralization across nearly all test holes, indicating the potential for a multi-million-ounce deposit.
Allegiant Gold Ltd. (AUXXF) announces the results of 49 RC drill holes totaling 5,850 meters at the Castle Zone of the Eastside gold project. This zone is expected to significantly increase the estimated resource of 1,094,000 ounces of gold equivalent, which previously did not include Castle Zone results. Highlights include shallow mineralization and high gold grades, with 47 holes showing mineralization within 45 meters of the surface. The company's CEO noted the potential for a low strip ratio and a starter pit for future development.
Allegiant Gold Ltd. (AUXXF) is set to present at the OTC Markets Metals & Mining Virtual Investor Conference on May 4, 2021, at 3:30 PM ET. Investors can register for the live event for an interactive Q&A session, with an archived webcast available post-event. Allegiant owns 10 gold projects in the U.S., with 7 in Nevada, and its flagship Eastside project holds an expanding resource of approximately 1 million ounces of gold. It is advised for investors to pre-register and check the online system for a smooth experience.
Allegiant Gold Ltd. has successfully completed a 9-hole drill program at its Eastside project, totaling approximately 3,800 metres. CEO Peter Gianulis stated the program aimed to explore the western flank of the Original Pit Zone and additional deeper targets. The company is focusing on expanding its inferred resource base of 57 million tonnes, which contains about 1 million gold ounces. Over the last six months, Allegiant drilled approximately 10,000 metres at Eastside, enhancing its operational footprint in a mining-friendly Nevada region.
Allegiant Gold Ltd. has commenced drilling at the Original Pit Zone of its flagship Eastside project, located 30 km northwest of Tonopah, NV. The program will include 10-13 holes, totaling about 5,000 meters, aiming to expand the inferred resource base of 57 million tonnes grading 0.54 g au/t, equating to approximately 1 million gold ounces. Results from this drilling will be incorporated into an updated NI 43-101 resource estimate. The drilling is managed by Boart Longyear, signaling a strategic move to strengthen Allegiant's resource potential.