Allegiant Receives Blm Approval FOR Exploration at Castle Zone Within Eastside GOLD Project Plan of Operation Significantly Expands the Project Area
ALLEGIANT RECEIVES BLM APPROVAL FOR EXPLORATION AT CASTLE ZONE
WITHIN EASTSIDE GOLD PROJECT
PLAN OF OPERATION SIGNIFICANTLY EXPANDS THE PROJECT AREA
Tonopah, Nevada / August 20, 2025 - Allegiant Gold Ltd. (“Allegiant” or the “Company”) (AUAU:
TSX-V) (AUXXF: OTCQX) is pleased to announce that it has received formal approval from the
Bureau of Land Management (BLM) and the Nevada Division of Environmental Protection (NDEP)
for its Environmental Assessment (EA) and Plan of Operations for the Castle Project, located in
Esmeralda County, Nevada, approximately 22 miles west of Tonopah.
The approval allows Allegiant to proceed with an extensive multi -year exploration program,
including up to 50 acres of surface disturbance, multiple drill phases, and the ability to construct
roads, drill pads, sumps, staging areas, and conduct trenching over a highly prospective gold-
bearing area; leading to more comprehensive large-scale exploration.
CASTLE PROJECT PLAN HIGHLIGHTS:
• Approved for up to 145 drill pads in Phase I, with flexibility for additional drilling phases
• Up to 50 acres of permitted disturbance within a 1,658-acre project boundary
• Located adjacent to the historic Boss Mine, Castle has an inferred resource of 314,000
ounces of gold1
• Significant infrastructure advantages with direct highway access via US Routes 6 and 95
Peter Gianulis, CEO of Allegiant Gold , commented: ““The approval of the Castle Plan of
Operations is a significant milestone for Allegiant. This permit provides the scale and flexibility we
need to aggressively test a large and highly prospective gold system at Eastside and in the heart
of Nevada’s Walker Lane trend. We believe the Castle Project has the potential to deliver new
discoveries at Eastside and grow into a substantial exploration asset, especially given its proximity
to historic production, favorable logistics, and extensive past data.”
1 The updated resource estimate (“Updated Resource Estimate and NI 43-101 Technical Report, Eastside and Castle Gold-Silver
Project Technical Report, Esmeralda County, Nevada”) conducted by Mine Development Associates (“MDA”) of Reno, Nevada,
with an effective date of July 30, 2021, contained a pit-constrained Inferred Resources (cut-off grade of 0.15 g/t Au) of 61,730,000
tonnes grading 0.55 g/t Au and 4.4 g/t Ag at the Original Pit Zone (1,090,000 ounces gold and 8,700,000 ounces silver) and
19,986,000 tonnes grading 0.49 g/t Au at the Castle Area (314,000 ounces gold). A copy of the Eastside Technical Report can be
found on SEDAR at www.sedar.com.
ABOUT ALLEGIANT
Allegiant owns three highly prospective gold projects in the United States all of which are in the
mining-friendly jurisdiction of Nevada. Allegiant’s flagship, district-scale Eastside project hosts a
large and expanding gold/silver resource and is in an area of excellent infrastructure. Preliminary
metallurgical testing indicates that both oxide and sulphide gold mineralization at Eastside is
amenable to heap leaching.
ON BEHALF OF THE BOARD
Peter Gianulis
CEO
For more information contact:
Investor Relations
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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, which 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. Allegiant Gold Ltd.’s (“Allegiant”) exploration plans for its gold exploration properties, the drill program at Allegiant’s Eastside
project, the preparation and publication of an updated resource estimate in respect of the Original Zone at the Eastside project, Allegiant’s future
exploration and development plans, including anticipated costs and timing thereof; Allegiant’s plans for growth through explo ration activities,
acquisitions or otherwise; and expectations regarding future maintenance and capital expenditures, and working capital requirements. Forward-
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