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Andy Wallace Named CEO of Allegiant Gold

ALLEGIANT is pleased to announce that Andy Wallace has joined as Chief Executive Officer in connection with the completion of the Spin-Out from Columbus Gold.

Mr. Wallace is the principal of Cordex Exploration, considered by many in the mining industry to be one of the most successful gold exploration groups in the United States. Cordex was founded by the legendary John Livermore, who discovered the Carlin Mine in Nevada and a new type of gold mineralization that is now referred to as “Carlin-Type”.

Andy Wallace’s experience in the gold mining industry is vast and varied and includes every aspect of mine development. At his Marigold discovery and also at the Pinson and Dee mines in Nevada, Mr. Wallace directed or was involved in, resource expansion, development, feasibility, engineering, permitting, mine construction and production. Pinson and Dee were Cordex discoveries, and in the mid-1970s Pinson accounted for 7% of all U.S. domestic gold production.

Mr. Wallace is a Certified Professional Geologist (CPG) with the American Institute of Professional Geologists. He completed a B.S. in geology at Eastern New Mexico University, an M.S. in geology at the University of Texas at El Paso, and a PhD in geology at the Mackay School of Mines at the University of Nevada, Reno.

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Allegiant Gold Ltd.

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