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Allegiant Commences UAV-MAG Survey at Goldfield West Project

(TheNewswire) Reno, Nevada – TheNewswire - May 19, 202...

articleA2 Gold Corp.May 19, 20223/company/allegiant-gold-ltd/news/allegiant-commences-uav-mag-survey-at-goldfield-west-project
Allegiant Commences UAV-MAG Survey at Goldfield West Project

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[{"type":"text","content":"Allegiant Commences UAV-MAG Survey at Goldfield West Project\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n Reno, Nevada –\n \n \n TheNewswire -\n \n \n May 19, 2022 - Allegiant Gold Ltd.\n(“Allegiant” or the “Company”) (TSXV:AUAU) (OTCQX:AUXXF)\n \n \n is pleased to\n \n \n announce the\ncommencement of a UAV-based MAG geophysical survey at Goldfield West\nahead of a future drill program.\n \n \n \n \n The Goldfield West property (“\n \n \n Goldfield West\n \n \n ” or\nthe “\n \n \n Property\n \n \n ”) operated by Allegiant Gold consists of\n \n \n 185 unpatented claims (80 claims optioned from Anchor\nMinerals) located near the historic town of Goldfield.  The Property\nis near Gemfield recently acquired by Centerra Gold from Waterton\nGlobal Resources for approximately US$206 million.  The Property is\nsituated nearby a main highway and has access to excellent\ninfrastructure.\n \n \n Zonge Engineering will be\nconducting the survey at Goldfield West and is expected to be\ncompleted in the next few days.\n \n \n \n \n Peter Gianulis, CEO of Allegiant\nGold\n \n \n , commented:\n \n \n “Goldfield West is one of our most sought-after projects\nlocated near the historic mining town of Goldfield.  We are very\nexcited to finally initiate a work campaign.  The Mag survey is the\nnext step in a program that will lead to further geophysical work\nconsisting of resistivity surveying (i.e., CSAMT) and geochemical\nsampling and detailed geologic mapping, ultimately leading to a drill\nplan and program.”\n \n \n \n \n ABOUT ALLEGIANT\n \n \n \n \n Allegiant owns 100% of 10 highly-prospective gold\nprojects in the United States, 7 of which are located in the\nmining-friendly jurisdiction of Nevada. Three of Allegiant’s\nprojects are farmed-out, providing for cost reductions and cash-flow.\nAllegiant’s flagship, district-scale Eastside project hosts a large\nand expanding gold resource and is located in an area of excellent\ninfrastructure. Preliminary metallurgical testing indicates that both\noxide and sulphide gold mineralization at Eastside is amenable to heap\nleaching.\n \n \n \n \n ON BEHALF OF THE BOARD\n \n \n \n \n Peter Gianulis\n \n \n \n \n CEO\n \n \n \n \n For more information contact:\n \n \n \n \n Inves...

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