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Allegiant Commences Drilling at Eastside District
(TheNewswire) Planning to Drill up to 5,000 Metres Around the Mcintosh Zone Tonopah, Ne...
About this update from A2 Gold Corp.
[{"type":"text","content":"Allegiant Commences Drilling at Eastside District \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 Planning to Drill up to 5,000 Metres Around the Mcintosh Zone\n \n\n\n Tonopah, Nevada /\n \n\n TheNewswire /\n \n\n August 28, 2024 - Allegiant Gold Ltd.\n(“Allegiant” or the “Company”) (AUAU: TSX-V) (AUXXF: OTCQX)\n \n\n is pleased to announce the start of drilling at\nits flagship Eastside property (“\n \n\n Eastside\n \n\n ”) near the\ntown of Tonopah, Nevada.\n \n\n\n\n The main goal of this drill program is to expand upon\nthe existing resource within the McIntosh Zone at Eastside which\npresently hosts a current NI 43-101 pit-constrained inferred resource\nof\n \n\n 1.1M ounces\n \n\n of gold and\n \n\n 8.8\nmillion ounces\n \n\n of silver*. The program is\nexpected to initially consist of approximately 3,000-4,000 metres of\nreverse circulation (“RC”) drilling adjacent to the McIntosh Zone\n(see below).  The program will also consist of an additional 1,000\nmetres of diamond core drilling (“DDH”) to continue testing the\nHigh-Grade Zone (“HGZ”) discovered in 2021 and followed-up in\n2022, particularly hole ES-239 (\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\n \n\n Au at the\n \n\n bottom of the hole).\n \n\n One additional hole will test the South Hill\narea which lies approximately 500 metres from the southern-most edge\nof the McIntosh Pit Zone.\n \n\n\n\n *\n \n\n The updated\nresource estimate (“Updated Resource Estimate and NI 43-101\nTechnical Report, Eastside and Castle Gold-Silver Project Technical\nReport, Esmeralda County, Nevada”) conducted by Mine Development\nAssociates (“\n \n\n MDA\n \n\n ”) of Reno, Nevada, with an effective date of July 30,\n2021, contained a pit-constrained Inferred Resources (cut-off grade of\n0.15 g/t Au) of\n \n\n 61,730,000\ntonnes\n \n\n grading\n \n\n 0.55 g/t Au\n \n\n and\n \n\n 4.4 g/t Ag\n \n\n at the Original Pit Zone (1,090,000 ounces gold and\n8,700,000 ounces silver) and\n \n\n 19,986,000 tonnes\n \n\n grading\n \n\n 0.49 g/t Au\n \n\n at the\nCastle Area (314,000 ounces gold). A copy of the Eastside Technical\nReport can be found on SEDAR at www.sedar.com.\n \n\n\n\n Peter Gianulis, CE...