Allegiant Outlines Exploration Drilling Strategy for 2023; 12,715+ Metres of Additional Drilling - Resource Expansion and New Targets

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[{"type":"text","content":"Allegiant Outlines Exploration Drilling Strategy for 2023; 12,715+ Metres of Additional Drilling - Resource Expansion and New Targets\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Tonopah, Nevada –\n \n \n TheNewswire -\n \n \n May 24, 2023 - Allegiant Gold Ltd.\n(“Allegiant” or the “Company”) (\n \n \n TSX:\n \n \n AUAU) (\n \n \n OTC:\n \n \n AUXXF)\n \n \n is very\npleased to provide a detailed update of our exploration drilling\nprogram for the remainder of 2023.\n \n \n \n \n Allegiant plans to drill a total of 15,115 metres of\nReverse Circulation (“RC”) and Diamond Core Drilling (“DDH”)\nfor 2023.  The Company completed a 19-hole, 2,400 metre RC drill\nprogram in February 2023 at the Castle Project, Eastside District.\nAllegiant has already received most of the necessary drill permits and\nexpects the remainder in the next fiscal quarter.\n \n \n \n \n Peter Gianulis, CEO of Allegiant\nGold\n \n \n , commented:\n \n \n “2023\nwill be another busy year with the Company targeting four distinct\nareas including two drill programs at the Eastside District, and\ninitial drill programs at Goldfield West, one of the top prospects in\nour portfolio, and our recently acquired TS Project.  Our goal\ncontinues to be the same; the efficient allocation of capital directly\ninto the ground while we seek to expand our existing resources and\nmake new discoveries. In addition to funding our own programs, we are\nalso expecting additional exploration programs at our other projects,\nMogollon and Bolo, which are being funded by Summa Silver and Copaur,\nrespectively. Together, Allegiant will be one of the most active\nexploration companies in the sector.””\n \n \n \n \n Allegiant plans to conduct the following programs\nduring the remainder of the 2023 calendar year:\n \n \n \n \n EASTIDE PROJECT - EASTSIDE\n \n \n \n \n \n \n 11-Hole, 4,015 Metre RC Drill Program\n \n \n \n \n \n \n 2-Hole, 800 Metre DDH Drill Program\n \n \n \n \n \n \n Targeting resource expansion and new targets to the\nsouth of the current resource area\n \n \n \n \n \n \n CASTLE PROJECT - EASTSIDE\n \n \n \n \n \n \n 28-Hole, 3,500 Metre RC Drill Program\n \n \n \n \n \n \n 4-Hole, 800m Metre DDH Drill Program\n \n \n \n \n \n \n Resource expansion ...

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