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Allegiant Announces High-Grade Results from tailings and Waste Dumps at Former Boss Mine Within the Eastside District
(TheNewswire) Tonopah, Nevada  - TheNewswire - August 30, 2023 - Allegiant Gol...
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[{"type":"text","content":"Allegiant Announces High-Grade Results from tailings and Waste Dumps at Former Boss Mine Within the Eastside District\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Tonopah, Nevada  -\n \n \n TheNewswire -\n \n \n August 30, 2023 - Allegiant Gold Ltd.\n(“Allegiant” or the “Company”) (\n \n \n TSXV:\n \n \n AUAU) (\n \n \n OTC:\n \n \n AUXXF)\n \n \n announces the\nfinding of high-grade gold and silver on existing heap leach and waste\ndumps at the former operating Boss Mine, within the Castle Project of\nthe Eastside District.\n \n \n \n \n Allegiant sampled material from existing waste dumps\nand tailings. A total of 79 samples were collected and analyzed for\ngold, silver and other elements, the majority from the Boss Mine’s\nleach pad.\n \n \n \n \n Highlights of the sampling include:\n \n \n \n \n \n \n Coarse fraction (1/16-inch) samples from the Boss\nMine’s leach pad samples returned up to 8.02 g/t Au and 28.2 g/t\nAg.\n \n \n \n \n \n \n Fine fraction (1/16-inch) samples from the Boss\nMine’s Leach pad returned up to 2.10 g/t Au and 5.2 g/t Ag.\n \n \n \n \n \n \n Dump samples returned up to 22.2 g/t Au and 10.2 g/t\nAg.\n \n \n \n \n \n \n Leach pad area covers approximately 5.0 hectares and\ndumps cover approximately 11 hectares.\n \n \n \n \n \n \n Further sampling and drilling of leach pad and dumps is\nplanned over the coming months.\n \n \n \n \n \n \n Metallurgical testing is planned later this\nyear.\n \n \n \n \n \n \n The Boss Mine was a producing mine from 1987 to 1989\n(see Map 1).  It is estimated that the Boss Mine produced over 32,000\nAu ounces from 650,000 tons at an average grade of 0.058 opt (1.99 g/t\nAu); recovery for silver and other metals of value is unknown.\n \n \n \n \n MAP 1: LOCATION OF BOSS MINE –\nTAILINGS AND WASTE DUMPS\n \n \n \n \n \n https://allegiantgold.com/site/assets/files/3144/alg_eastside_bosscastle_dumpsamps_230828v1.jpeg\n \n \n \n \n \n Peter Gianulis, CEO of Allegiant\nGold\n \n \n , commented:\n \n \n “We\ncontinue to advance the Castle Area, encompassing the Berg, Blackrock,\nBoss and Castle Zones, toward delineation of an economic resource.\n Our goal is to develop the Eastside District in two to three phases\nled first by the Castle Area, then moving onto the McIntosh Zo...