SHARE STRUCTURE
OUR
COMPANY
OUR COMPANY
OVERVIEW
In December 2017, Allegiant Gold Ltd., a former subsidiary of Columbus Gold Corp. (CGT: TSX), was spun-out to form an independent company focused exclusively on precious metals exploration in the western United States. ALLEGIANT has owned many of the properties in the portfolio for over 10 years as part of Columbus Gold Corp. It began trading on the TSX Venture Exchange under the trading symbol “AUAU” and in the U.S. under the trading symbol “AUXXF”.
ALLEGIANT owns 6 projects in the Southwestern United States with 5 being in the mining friendly jurisdiction of Nevada. The majority of the projects were discovered and developed by Andy Wallace, former Head of Cordex, 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”. Cordex is credited with an unprecedented nine gold discoveries in Nevada.
ALLEGIANT has been one of the most active explorers in the gold sector. The flagship project known as Eastside hosts a large and open resource of 1.4 million inferred gold ounces and 8.8 million silver1 with excellent potential for substantially increasing the total resource at Eastside. The infrastructure at Eastside is considered excellent with water, electricity and a main state highway running near or through the property. Preliminary metallurgical testing indicates that both oxide and sulphide mineralization at the Original Zone is amenable to heap leaching.
1The 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”) of Reno, Nevada with an effective date of July 31, 2021. Utilizing a 0.15 g/t cut-off for Au, measured gold was 0.55 g/t and silver was 4.4 g/t for the Eastside Original Pit Zone and 0.49 g/t for the Castle Area. Heap leach extractions are expected to be around 70% and 20% for gold and silver, respectively, using a three- stage crushing procedure. Milling with a fine grind is expected to result in extractions over 90% and around 50% for gold and silver, respectively. Please refer to Technical Report for important additional information and disclosures.
OFFICERS & DIRECTORS
- 23 Years in Natural Resource Sector
- Former Partner at Saranac Capital
- Expertise in Small Cap Natural Resource Sector
- More Than 20 Years in Financial Management
- Former Certified Public Accountant (Illinois)
- Specializing in Natural Resources Sector
- Founder and Chairman of Black Loon Group
- Extensive Career in Mining Development and Finance
- Former Co-Founder and Managing Partner at Gryphon Partners Canada
- Senior Investment Counsel at Citibank Canada
- Director of Capital Markets at Scotia Capital Inc. (2002-2014)
- Extensive Experience in Financial Services
- Specialized in Epithermal Gold-Silver Projects in North America
- Expertise in Nevada's Geological Landscape
- Holds Master's Degree from the Royal School of Mines
financial statements
Six Month Report
March 31, 2023
Six Month Report
March 31, 2023
Six Month Report
March 31, 2023
Six Month Report
March 31, 2023
Six Month Report
March 31, 2023
Six Month Report
March 31, 2023
Six Month Report
March 31, 2023
Six Month Report
March 31, 2023
Video Background
Our sponsors
governance & ethics