Allegiant's Castle environmental assessment okayed

Mr. Peter Gianulis reports ALLEGIANT RECEIVES BLM APPROVAL FOR EXPLORATION AT CASTLE ZONE WITHIN EASTSIDE GOLD PROJECT PLAN OF OPERATION SIGNIFICANTLY EXPANDS THE PROJECT AREA Allegiant Gold Ltd. has received formal approval from the Bureau of Land Management and the Nevada Division of Environmental Protection for its environmental assessment 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 multiyear exploration program, including up to 50 acres of surface disturbance, multiple drill phases, and the ability to construct roads, drill pads, sumps and 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 1, 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 gold; Significant infrastructure advantages with direct highway access through U.S. routes 6 and 95. Peter Gianulis, chief executive officer 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, favourable logistics and extensive past data." About Allegiant Gold Ltd. 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. We seek Safe Harbor.