Source: Streetwise Reports 03/02/2019
The new target is located in this gold company’s Eastside claim block.
Allegiant Gold Ltd. (AUAU:TSX.V; AUXXF:OTCQX) announced in a news release it completed drilling at Monitor Hills and began drilling at Adularia Hill, both projects in Nevada. The latter is the fifth of sixth targets to be explored in this current exploration campaign.
Regarding Monitor Hills, assays for the 15 reverse circulation holes drilled over 2,535 meters there are pending.
As for Adularia Hill, where no historical drilling has been done, 14 holes totaling 2,545 meters are planned. Allegiant identified this target through geologic and alteration mapping, which it followed with surface sampling.
The company is drilling a “total of six ‘discovery potential’ projects located principally in the world-class gold mining jurisdiction of Nevada, over a 10-12-month period to approximately June 2019. The drilling campaign was initiated at the Red Hills project in August 2018.”
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