ALLEGIANT Completes North Brown Drilling Program, Nevada
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NEWS RELEASE
ALLEGIANT Completes North Brown Drilling Program, Nevada
Vancouver, BC, Canada, December 13th, 2018, Allegiant Gold Ltd. (“ALLEGIANT”) (AUAU: TSX -V)
(AUXXF: OTCQX) is pleased to report on the progress of its high-impact discovery drilling campaign. A
total of 6 projects located principally in the world -class gold mining jurisdiction of Nevada are slated
for drilling over a 10 -12 month period, to approximately June 2019 . D rilling commenced at the Red
Hills project in August 2018 and drilling at a third project, North Brown, was recently completed. Assay
results for Hughes Canyon (the second property drilled) and North Brown are expected soon. Drilling
is scheduled to resume at a fourth project early in 2019.
ALLEGIANT completed 2, 036 meters of rotary drilling in 11 holes at the North Brown gold project,
located on the Battle Mountain Gold Trend in Nevada. Rocks exposed at North Brown are Paleozoic
carbonate and clastic rocks, largely of Devonian age intruded by variably altered Tertiary dikes. Surface
samples at North Brown ranged from nil to 9 g/t Au. Geochemistry and alteration is characteristic of
Carlin-type gold mineralization in Nevada. North Brown is a new prospecting discovery and has not
been previously drilled by any companies.
Qualified Person
Andy Wallace is a Certified Professional Geologist (CPG) with the American Institute of Professional
Geologists and is a Qualified Person as defined under National Instrument 43 -101 - Standards of
Disclosure for Mineral Projects. Mr. Wallace has reviewed and approved the technical content of this
press release.
ABOUT ALLEGIANT
ALLEGIANT owns 100% of 14 highly-prospective drill-ready gold projects in the United States, 11 of
which are located in the mining-friendly jurisdiction of Nevada. Six of the projects are slated for near-
term drilling and all offer excellent discovery opportunity. ALLEGIANT’s flagship Eastside project hosts
a large and expanding gold resource, is district scale, and is located in an area of excellent
infrastructure. Preliminary metallurgical testing indicates that both oxide and sulphide gold
mineralization at Eastside is amenable to heap leaching.
Further information regarding ALLEGIANT can be found at www.allegiantgold.com.
ON BEHALF OF THE BOARD,
Allegiant Gold Ltd.
1090 Hamilton Street
Vancouver, BC V6B 2R9, Canada
www.allegiantgold.com
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Robert F. Giustra
Chairman & CEO
For more information contact:
Investor Relations
(604) 634-0970 or
1-888-818-1364
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
Certain statements and information contained in this press release constitute "forward -looking statements" within the meaning of
applicable U.S. securities laws and “forward -looking information” within the meaning of applicable Canadian securities laws, wh ich are
referred to collectively as "forward -looking statements". The United States Private Securities Litigation Reform Act of 1995 provides a
“safe harbor” for certain forward -looking statements. Forward -looking statements are statements and information regarding possible
events, conditions or results of operations that are based upon assumptions about future economic conditions and courses of a ction. All
statements and information other than statements of historical fact may be forward-looking statements. In some cases, forward-looking
statements can be identified by the use of words such as “seek”, “expect”, “anticipate”, “budget”, “plan”, “estimate”, “conti nue”,
“forecast”, “intend”, “believe”, “predict”, “potential”, “target”, “may”, “could”, “would”, “might”, “will” and similar words or phrases
(including negative variations) suggesting future outcomes or statements regarding an outlook. Forward -looking statements in this and
other press releases include but are not limited to statements and informatio n regarding ALLEGIANT’s drilling and exploration plans and
results for its properties , including anticipated timing thereof ; and the Eastside project’s resource expansion . Such forward -looking
statements are based on a number of material factors and assumptions and involve known and unknown risks, uncertainties and o ther
factors which may cause actual results, performance or achievements, or industry results, to differ mater ially from those anticipated in
such forward-looking information. You are cautioned not to place undue reliance on forward -looking statements contained in this press
release. Some of the known risks and other factors which could cause actual results to dif fer materially from those expressed in the
forward-looking statements are described in the sections entitled “Risk Factors” in ALLEGIANT’s Listing Application, dated January 24,
2018, as filed with the TSX Venture Exchange and available on SEDAR under ALLEGIANT’s profile at www.sedar.com. Actual results and
future events could differ materially from those anticipated in such statements. ALLEGIANT undertakes no obligation to update or revise
any forward -looking statements included in this press release if th ese beliefs, estimates and opinions or other circumstances should
change, except as otherwise required by applicable law.