12,000 Meters Of Drilling Begins At Eastside

RENO, NV - Allegiant Gold Ltd. reported the completion of additional road building at Eastside and the commencement of drilling to occur in March. The Company has recently built over 6 kilometers of additional roads over the past few months allowing direct access to the High-Grade Zone (HGZ) recently discovered in the last drilling program. The roads will also provide better access to the upcoming drill program at both the East Pediment and the Western Anomaly. Allegiant plans to drill approximately 35 reverse circulation (RC) holes and 7 diamond core (Core) holes at Eastside in the upcoming drill program. Approximately 25 RC holes are planned at the East Pediment with an average depth of 200 meters per hole. At the Western Anomaly, Allegiant plans to drill 10 RC holes with an average depth of 300 meters per hole. The East Pediment drilling targets resistivity highs under shallow, alluvial cover (2-20 m.). The resistors have the same geophysical signatures as the rhyolite domes hosting most of the gold and silver in the area of past drilling at the Original Pit Zone (“OPZ”) Target. The West Anomaly drilling is targeting geochemical anomalies detected by surface sampling where gold values range from 0.5 g/t - 24 g/t gold with attendant pathfinder trace element signatures. To date, there has been no previous drilling on the East Pediment or the West Anomaly.