ALLEGIANT Completes Red Hills and Hughes Canyon Drill Programs, and Begins Drilling at North Brown, Nevada

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[{"type":"text","content":" VANCOUVER, British Columbia, Nov. 21, 2018 (GLOBE NEWSWIRE) -- Allegiant Gold Ltd. (“ALLEGIANT”) (AUAU: TSX-V) (AUXXF: OTCQX) is pleased to report on the progress of its high-impact discovery drilling campaign.  A total of 6 projects located principally in the world-class gold mining jurisdiction of Nevada are slated for drilling over a 10-12 month period to approximately June 2019; drilling commenced at the Red Hills project in August 2018 (see press release of August 22, 2018) and at Hughes Canyon in October 2018 (see press release of October 2, 2018). ALLEGIANT completed 2,342 meters of rotary drilling in 9 holes at the Red Hills Project, Nevada in late September 2018.  The drilling successfully intersected its targets - a buried quartz monzonite intrusive, and the Cambrian limestones along the margins of the intrusive. All assays have been received and all holes were negative. Only slight concentrations of base metals and silver were encountered. No further work is planned at Red Hills. ALLEGIANT completed 2,139 meters of drilling in 12 rotary holes at the Hughes Canyon gold project, Nevada in October 2018.  Drilling was on the pediment along the west margin of the Stillwater Range where bedrock was intersected from 30 to 100 meters of depth.  Ten (10) of the 12 holes encountered hydrothermal alteration hosted by a structurally complex package of Mesozoic sedimentary rocks.  Assay are pending for Hughes Canyon. ALLEGIANT began drilling at the North Brown project, located on the Battle Mountain Gold Trend in Nevada, in November, 2018.  Rocks exposed at North Brown are Paleozoic carbonate and clastic rocks, largely of Devonian age intruded by variably altered Tertiary dikes.  Surface samples at North Brown ranged from nil to 9 g/t Au. Geochemistry and alteration is characteristic of Carlin-type gold mineralization in Nevada.  North Brown is a new prospecting discovery and has not been previously drilled by any companies.  ALLEGIANT plans 1,900 to 2,000 meters of rotary drilling in the initial phase at North Brown. Qualified Person Andy Wallace is a Certified Professional Geologist (CPG) with the American Institute of Professional Geologists and is a Qualified Person as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects.  Mr. Wallace has rev...

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