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Allegiant Gold Ltd V.AUAU

Alternate Symbol(s):  AUXXF

Allegiant Gold Ltd. is a Canada-based mid-stage precious metals exploration stage company. The Company’s activities are the exploration and evaluation of resource properties located in the United States of America. Its flagship project, the district-scale Eastside project, hosts a large and expanding gold and silver resource and is in an area of infrastructure. The project is located approximately 32 km west of Tonopah, Nevada. The Company’s projects include Bolo, Goldfield West, Browns Canyon, and Overland Pass. The Bolo project is located approximately 60 km northeast of Tonopah, Nevada. The Browns Canyon project consists of over 146 unpatented mining claims, and it is located on the prospective Battle Mountain Gold Trend of Nevada. The Goldfield West Project is comprised of approximately105 mineral claims and subject to a 2% royalty. The Overland Pass Project is100% owned by the Company, and it is located approximately 90 km south of Elko, Nevada.


TSXV:AUAU - Post by User

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Comment by 123buyholdhopeon Jul 21, 2020 11:55am
80 Views
Post# 31296470

RE:AUAU - FYI

RE:AUAU - FYIAndy Wallace Appointed to Allegiant’s Board of Directors

Vancouver, BC, Canada, July 21, 2020, Allegiant Gold Ltd. (“ALLEGIANT”) (AUAU: TSX-V, AUXXF: OTCQX) is pleased to announce the appointment of Andy Wallace to the Board of Directors effectively immediately.  

Mr. Wallace is the Principal of Cordex Exploration, considered by many in the mining industry to be one of the most successful gold exploration groups in the United States.  Cordex is credited with an unprecedented nine gold discoveries in Nevada, a number of which were under Mr. Wallace's management, including the 5-million-ounce Marigold Mine, the 12 million-ounce Stonehouse/Lone Tree Mine, and the Daisy Mine. Mr. Wallace was also involved in the discovery of the Sterling Mine and of the Dee Mine.

Mr. Wallace’s experience in the gold mining industry includes every aspect of mineral exploration and mine development. At his Marigold discovery, and also at the Pinson and Dee mines in Nevada, Mr. Wallace directed or was involved in resource delineation and expansion, engineering and feasibility studies, permitting, mine construction, and production activities. Both Pinson and Dee were Cordex discoveries, and in the late-1970s, Pinson alone accounted for 7% of all U.S. domestic and gold production. 

We are very pleased to welcome our former CEO back to our team as a member of the Board of Directors,” commented Peter Gianulis, CEO of Allegiant Gold.  “Andy has a long history in the mining and exploration sector, particularly in Nevada.  His track-record of achievements is truly second-to-none. Andy also has a long history working with Allegiant having personally selected and led all of our projects since our founding.  We are looking forward to his leadership at the Board-level, particularly as activity at Eastside is set to dramatically increase over the coming months,” added Mr. Gianulis. 

Further information regarding ALLEGIANT can be found at www.allegiantgold.com

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