Business
Allegiant Acquires 100% Ownership of Bolo Gold Project
(TheNewswire) Transaction Consolidates Ownership of Highly Prospective Asset in Nevada ...
About this update from A2 Gold Corp.
[{"type":"text","content":"Allegiant Acquires 100% Ownership of Bolo Gold Project\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Transaction Consolidates Ownership of\nHighly Prospective Asset in Nevada\n \n\n\n\n Tonopah, Nevada /\n \n\n TheNewswire /\n \n\n August 18, 2025 - Allegiant Gold Ltd.\n(“Allegiant” or the “Company”) (AUAU: TSX-V) (AUXXF: OTCQX)\n \n\n is pleased to announce that it has acquired the\nremaining\n \n\n 49.99%\ninterest\n \n\n in the\n \n\n Bolo Gold Project\n \n\n (the “Property”) from CopAur Minerals Inc. (“\n \n\n CopAur\n \n\n ”), thereby\nconsolidating\n \n\n 100%\nownership\n \n\n of the project.\n \n\n\n\n Under the terms of the agreement, Allegiant will pay a\ncash consideration and forgive certain debt obligations owed to\nAllegiant by CopAur for historical advanced royalty and claim\nmaintenance payments. In addition, the existing environmental\nreclamation bond for the Property will be transferred to Allegiant.\nFinally, CopAur will deliver a completed\n \n\n NI 43-101 technical report\n \n\n on the Property.\n \n\n\n\n Peter Gianulis, CEO of Allegiant\nGold\n \n\n , commented:\n \n\n “We are pleased to have reached this\nagreement with CopAur to acquire 100% of the Bolo Project. Bolo is an\nexcellent exploration asset with a historical resource, in close\nproximity to several producing mines, and has the benefit of a\nrecently completed NI 43-101 technical report. Consolidating our\nownership gives us maximum flexibility in unlocking the value of this\nhighly prospective gold system located in one of Nevada’s best-known\nexploration belts.”\n \n\n\n\n The Property is located approximately\n \n\n 90 km northeast of Tonopah,\nNevada\n \n\n , in a region known for hosting\nCarlin-type gold systems. Historic drilling has returned multiple\nzones of oxide gold mineralization at surface and at depth, and the\nProperty benefits from road access, permitting, and numerous targets\nfor further exploration.\n \n\n\n\n The acquisition aligns with Allegiant’s strategy of\nprioritizing quality assets in mining-friendly jurisdictions with\nnear-term exploration upside and potential for partnerships or future\nmonetization.\n \n\n\n\n ABOUT ALLEGIANT\n \n\n\n\n Allegiant owns three highly prospective gold...