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Allegiant Receives BLM Approval for Exploration at Castle Zone Within Eastside Gold Project Plan of Operation Significantly Expands the Project Area
(TheNewswire) Tonopah, Nevada / August 20, 2025 – TheNewswire - Allegiant Go...
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[{"type":"text","content":"Allegiant Receives BLM Approval for Exploration at Castle Zone Within Eastside Gold Project Plan of Operation Significantly Expands the Project Area\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\n Tonopah, Nevada / August 20, 2025 –\n \n\n TheNewswire -\n \n\n Allegiant Gold Ltd. (“Allegiant” or the\n“Company”) (AUAU: TSX-V) (AUXXF: OTCQX)\n \n\n is\npleased to announce that it has received formal approval from the\nBureau of Land Management (BLM) and the Nevada Division of\nEnvironmental Protection (NDEP) for its Environmental Assessment (EA)\nand Plan of Operations for the Castle Project, located in Esmeralda\nCounty, Nevada, approximately 22 miles west of Tonopah.\n \n\n\n\n The approval allows Allegiant to proceed with an\nextensive multi-year exploration program, including up to 50 acres of\nsurface disturbance, multiple drill phases, and the ability to\nconstruct roads, drill pads, sumps, staging areas, and conduct\ntrenching over a highly prospective gold-bearing area; leading to more\ncomprehensive large-scale exploration.\n \n\n\n\n CASTLE PROJECT PLAN\nHIGHLIGHTS:\n \n\n\n\n\n\n Approved for up to 145 drill pads in Phase I, with\nflexibility for additional drilling phases\n \n\n\n\n\n\n Up to 50 acres of permitted disturbance within a\n1,658-acre project boundary\n \n\n\n\n\n\n Located adjacent to the historic Boss Mine, Castle has\nan inferred resource of 314,000 ounces of gold\n \n\n\n\n\n\n Significant infrastructure advantages with direct\nhighway access via US Routes 6 and 95\n \n\n\n\n\n\n Peter Gianulis, CEO of Allegiant\nGold\n \n\n , commented:\n \n\n ““The approval of the Castle Plan of\nOperations is a significant milestone for Allegiant. This permit\nprovides the scale and flexibility we need to aggressively test a\nlarge and highly prospective gold system at Eastside and in the heart\nof Nevada’s Walker Lane trend. We believe the Castle Project has the\npotential to deliver new discoveries at Eastside and grow into a\nsubstantial exploration asset, especially given its proximity to\nhistoric production, favorable logistics, and extensive past\ndata.”\n \n\n\n\n 1\n \n\n The\nupdated resource estimate (“Updated Resource Estimate and NI 43-101\nTechnical Report, Eastside and Castle Gold-Silver...