Allegiant Announces Filing of Preliminary Short Form Prospectus and Updated Technical Report for Previously Announced Bought Deal Offering and Updated Inferred Resource Estimate of 1.4M Gold and 8.7M Silver Ounces at Flagship Eastside Project in Nevada
The work has resulted in a significant increase in Inferred resources at its district-scale flagship, Eastside and Castle property near Tonopah, Nevada.
- The work has resulted in a significant increase in Inferred resources at its district-scale flagship, Eastside and Castle property near Tonopah, Nevada.
- The updated resource now incorporates a resource at the Castle Area and 9 additional holes at the Eastside Original Pit Zone.
- The updated resource estimate (Updated Resource Estimate and NI 43-101 Technical Report, Eastside and Castle Gold-Silver Project Technical Report, Esmeralda County, Nevada) was conducted by Mine Development Associates (MDA), a division of RESPEC of Reno, Nevada with an effective date of July 30, 2021.
- Allegiants flagship, district-scale Eastside project hosts a large and expanding gold resource and is located in an area of excellent infrastructure.