Allegiant Commences Exploration Drilling on East Pediment Prospect; Permits Received to Drill at Boss-Castle

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[{"type":"text","content":"Allegiant Commences Exploration Drilling on East Pediment Prospect; Permits Received to Drill at Boss-Castle\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 Reno, Nevada /\n \n \n TheNewswire /\n \n \n December 15, 2022 - Allegiant Gold Ltd.\n(“Allegiant” or the “Company”) (TSXV:\n \n \n AUAU\n \n \n ) (OTC:\n \n \n AUXXF\n \n \n )\n \n \n is very pleased to\nannounce the commencement of the follow-up exploration drilling\nprogram to discovery hole 258 on the company’s East Pediment\nProspect.  In addition, the Company has received permits to expand\ndrilling at its Boss-Castle Prospects.\n \n \n \n \n A reverse circulation (“RC”) drilling program has\nbegun to follow-up on this year’s discovery of mineralized rhyolite\non the East Pediment Prospect; it lies immediately to the southeast of\nEastside that includes the Original Pit Zone (“OPZ”), and both\nprospects are within the overall Eastside Project.\n \n \n \n \n The company has also received the necessary permits to\ncommence drilling at the company’s Boss-Castle Prospect that\nincludes the former operating Boss-Berg Mine and the Castle Prospect.\nRC drilling is expected to begin early in the New Year.\n \n \n \n \n Eastside Project Work Summary\n \n \n \n \n \n \n Follow-up RC drilling program began on November 29,\n2022\n \n \n \n \n \n \n Permits allow for up to 27 RC follow-up drill holes\n \n \n \n \n \n \n Program will be phased over the Winter 2022/23 to allow\ntime for assay results analysis\n \n \n \n \n \n \n Drill program follow-up on the discovery of rhyolite\nhosted mineralization that contained up to 4.4 g/t Au and 33.0 g/t\nAg.\n \n \n \n \n \n \n BLM issued permit to drill up to 20 resource expansion\nRC drill holes, for approximately 2,300m of drilling, at the Boss \nCastle Prospects\n \n \n \n \n \n \n Peter Gianulis, CEO of Allegiant\nGold\n \n \n , commented:\n \n \n “Allegiant continues to expand the potential for our entire\nEastside project which includes the OPZ and the Castle Area.\nExploration drilling and programs have been vital to our success at\nEastside and is necessary to build Eastside into one of the largest\nopen-pit projects in Nevada,” stated Mr. Gianulis.  “The entire\nplanned RC pro...

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