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Allegiant Commences Core Drilling Program at Eastside - High Grade Zone

(TheNewswire) Reno, Nevada – TheNewswire - Jun...

articleA2 Gold Corp.June 21, 20225/company/allegiant-gold-ltd/news/allegiant-commences-core-drilling-program-at-eastside-high-grade-zone
Allegiant Commences Core Drilling Program at Eastside - High Grade Zone

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[{"type":"text","content":"Allegiant Commences Core Drilling Program at Eastside - High Grade Zone\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Reno, Nevada –\n \n \n TheNewswire -\n \n \n June 21, 2022 - Allegiant Gold Ltd.\n(“Allegiant” or the “Company”) (TSXV:AUAU) (OTC:AUXXF)\n \n \n is pleased to announce the commencement of our\ndiamond core drilling program (“Core”) at Eastside which will\nconsist of 4,000+ metres.  In addition, the Company has recently\ncompleted the previously announced 6,700 metre reverse-circulation\n(“RC”) drilling program at Eastside.\n \n \n \n \n Commencement of Diamond Core Drill\nProgram\n \n \n \n \n Allegiant expects to drill 7-9 diamond core holes in\nthis program with an average depth of 600 metres for a total of\n4,000-5,000 metres. The hole locations and design were jointly\nselected together with the exploration team at Kinross.  The Core\nholes will be located in the High Grade Zone (“HGZ”) discovered\nduring 2021 drill program completed within the Original Pit Zone\n(“OPZ”) at Eastside that yielded the following results:\n \n \n \n \n \n \n Hole 243 included\n \n \n 2.55 g/t Au over 147.8 metres\n \n \n (\n \n \n 3.17 g/t Au over 117.3m)\n \n \n \n \n \n \n Hole 239 included\n \n \n 111.3m of 1.45 g/t\n \n \n Au including\n \n \n 3.1 metres of 39 g/t Au\n \n \n at the\n \n \n bottom of the\nhole.\n \n \n \n \n \n \n Hole 244 included 76 metres of mineralization with best\nintercept being\n \n \n 6.1m of 1.48\ng/t Au\n \n \n \n \n \n \n Hole 245 included\n \n \n 15.2 metres of 3.4 g/t\n \n \n Au\n \n \n from relatively shallow depths (177m)\n \n \n \n \n \n \n MAP 1: DRILL TARGETS\n \n \n \n \n \n \n https://allegiantgold.com/site/assets/files/2209/auau_eastside_2021-2022_drill_holes.jpg\n \n \n \n \n \n \n Completion of RC Program at\nEastside\n \n \n \n \n In June 2022, Allegiant completed a 32-hole, 6,703\nmetre drill program designed to test new exploration targets at\nEastside focusing on the East Pediment (21 holes) and the West Anomaly\n(11 holes).  The targets lie to the east and west of the OPZ and were\nbased on geophysical and geochemical anomalies.  Drilling was\nconducted by Boart Longyear using a Foremost MPD 1500, track-mounted\nrig.  Given the current high d...

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