Allegiant owns 100% of the district-scale Eastside Gold project located in mining friendly Nevada, one of the world’s top mining jurisdictions.
The project has outstanding infrastructure for mining with a high-voltage power line passing through the northern boundary of the property and highway US 95 through the southern boundary. Preliminary metallurgical testing indicates that gold at Eastside is amenable to cyanide leaching for both oxide and sulfide mineralization.
Inferred gold and silver resources have been defined at the Original Zone, which remains open to the south, west and at depth, and possibly to the north and east. The southern margin of the property also hosts historical near surface oxide gold resources. To date, seven (7) large geochemical anomalies have been identified on the property.
ALLEGIANT plans to drill over 15,000 meters in the second half of 2020 and early part of 2021 to test additional targets outside the original pit zone including the Castle/Boss Zones at the south part of Eastside.