Movers and SHAKERS
Allegiant Gold (AUXXF)(AUAU:CA)
Eastside's Growing Resource Potential
Allegiant Gold is a mid-stage exploration stage company with 10 highly prospective projects in the southwest United States, including 7 projects in the State of Nevada. Allegiant's flagship project is Eastside, a district-scale project in Nevada with inferred resources of 1.4 million gold and 8.8 million silver ounces of inferred resources and significant potential to add size and scale. The company's shares trade on the TSX Venture Exchange under the ticker symbol "AUAU" and on the OTCQX under the ticker symbol "AUXXF."
Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.
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Preparation for upcoming drilling. Allegiant Gold has started road construction in and around the recently discovered high-grade zone within the western edge of the original pit zone at its Eastside gold deposit near Tonopah, Nevada. Roads will also be built in and around areas to the east and west of the original pit zone to test additional targets.
Drilling could commence as early as December. Allegiant has already provisioned drilling contractors and equipment. Plans include drilling up to 9 diamond core holes to define the high-grade areas discovered during the most recent drill program that ended in April. Recall Holes 239, 243, 244 and 245 returned strong gold intercepts. For example, Hole 243 returned 2.55 grams of gold per tonne over ...
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.