reports
- Ben Pirie
AUAU: Provides Update on Eastside Project – MRE Q1/25
What you need to know: • Allegiant provided an update on its ongoing 5,000m 2024 drill program at Eastside. • AUAU will look to update its mineral resource estimate at Eastside by Q1/25, noting that the most recent update was in July 2021, with much drilling being done since. • We recently initiated coverage on Allegiant, find the report here. This morning, Allegiant Gold Ltd. (AUAU:TSXV, AUXXF:OTC) provided an update on its ongoing 2024 fully funded drill program at Eastside. The update incl...
- Ben Pirie
AUAU: Nevada Gold with Big Potential + Cash Generation
What you need to know: • Allegiant Gold is a leading gold explorer with five assets in Nevada. Its flagship, the Eastside District, hosts a 1.4Moz Au and 9Moz Ag deposit. • AUAU has commenced a 5,000m drill program at Eastside, part of which will focus on resource expansion and the rest on exploration targets. • Utilizing its project farm-out strategy, the Company has brought in ~$7.5M over the last five years, limiting dilution to shareholders and supporting its clean capital structure which h...
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