New roads improve access to drill targets. Allegiant has completed over 6 kilometers of additional roads at the Eastside project to improve access to the high-grade and east pediment zones and the western anomaly which will be targeted during the upcoming drilling program.Drilling to commence in March. Reverse circulation (RC) drilling will focus on the east pediment zone and the western anomaly and entail 35 holes, including 25 holes at the east pediment zone with an average depth of 200 meters per hole, and 10 holes at the western anomaly with an average depth of 300 meters per hole. Core drilling will begin in May to test the recently discovered high-grade zone within the western edge of the original pit zone and will entail 7 core holes with an average depth of 600 meters. Recall Holes 239, 243, 244 and 245 returned strong gold intercepts. For example, Hole 243 returned 2.55 grams of gold per tonne over 147.8 meters.Growing potential at Eastside. Allegiant has increased the project's potential with the recently amended plan-of-operations which expanded the permitted area to 3,600 acres enabling the company to test and drill new prospective targets in and around the original pit zone. Management thinks the western edge of the original pit zone is host to higher-grade zones.Rating is Outperform. Allegiant has made substantial progress in advancing its Eastside project and has a clear plan to add resources through drilling and to define the project’s high-grade areas. Results from the company’s drilling program could provide catalysts for the stock and our rating remains an Outperform based on our view that Eastside could develop into a multi-million-ounce resource representing significant upside potential for shareholders. Read More >>