Positive ROD For The Hycroft Heap Leach Expansion

RENO, NV - Allied Nevada Gold Corp. reported that it received a positive record of decision from the United States Bureau of Land Management ("BLM") authorizing the amended Plan of Operations for the heap leach expansion at its wholly owned Hycroft mine located near Winnemucca, Nevada. This approval, which allows for expanded mining areas, construction and operation of the large north and south leach pads and associated infrastructure, will more than support the current life of mine heap leach reserve. Construction of the north and south leach pads will add more than 25 million square feet of leach pad space to the current leach pad capacity. Expanded mining areas include larger pits at Brimstone and Cut-5, mining of the Bay and Central pits and excavation of the area where the mill will be located. Infrastructure upgrades such as expanded Merrill-Crowe plant capacity and refinery, additional Merrill-Crowe plants for future processing requirements and other infrastructure required to support the increased mining and equipment fleet are also allowed with this approval. We anticipate receipt of the approvals required for mill construction and associated infrastructure in the first quarter of 2013.

"We are very pleased to have cleared this major permitting hurdle in such a smooth and timely fashion," commented Deborah Lassiter, Vice President, Corporate Environmental Affairs. "The BLM has been very responsive and diligent in carrying out this process."

In addition, the air quality permit to install the crushing components and operate when complete was recently received. The components of the crusher have begun arriving on site. With the completion of excavation for the gyratory crushing system completed, foundation work will now commence. We anticipate the gyratory crusher will be operational on schedule in the second half of 2013.

The company's address is 9790 Gateway Drive, Suite 200, Reno, NV 89521, (775) 358-4455, fax: (775) 358 4458, email: [email protected].