Allied Nevada Receives Mill Construction Approval

RENO, NV - Allied Nevada Gold Corp. that it has received approval from the Nevada Department of Environmental Protection ("NDEP") to construct the 130,000 ton per day milling facilities at Hycroft mine in Humboldt County, Nevada. This approval, which was expected to be received in early 2013, was issued by NDEP on December 6th, 2012. Excavation for the milling facilities has already begun and is expected to be completed in the first quarter of 2013. Allied expects to begin pouring concrete for the mill foundation in the first quarter of 2013.

"We are extremely pleased with the continued timeliness of the Hycroft Project''s state and federal permit approvals," commented Deborah Lassiter, Vice President, Corporate Environmental Affairs. "This NDEP permit and the recent Record of Decision issued by the Bureau of Land Management represent two important milestones for the permitting process at Hycroft."Allied anticipates that mill construction will be completed in the second half of 2014 and full operations to begin in the first quarter of 2015.