(TheNewswire)
Tonopah, Nevada / TheNewswire / May 8, 2024 - Allegiant Gold Ltd.(“Allegiant” or the “Company”) (AUAU: TSX-V) (AUXXF: OTCQX) is pleased to welcome the return of Mr. NormanPitcher to the Board of Directors at Allegiant Gold effectiveimmediately.
Peter Gianulis, CEO of AllegiantGold , commented: “I amvery pleased to welcome Norm back to our Board. During the fouryears he was previously part of our Board, Norm was an important andinvaluable part of our team. We look forward to having Norm back onthe Board as we continue to advance the development of Eastside.”
BACKGROUND: NORM PITCHER
Mr. Pitcher is a current director at Ensign Mineralsand was a director of Allegiant Gold from 2017-2021. He is theformer CEO & President of Mirasol Resources and was anon-executive director of Roxgold from 2016-2022. From 2012 to 2015,Mr. Pitcher served as the President of Eldorado Gold Corporation, aCanadian international mid-tier gold producer and prior to this wasEldorado’s Chief Operating Officer. During his 30-year career, Mr.Pitcher has also worked with Pan American Silver, H.A. Simons,Cornucopia Resources, and Pioneer Metals. He has extensiveinternational expertise in exploration, evaluation and mining ofopen-pit and underground mineral deposits. Mr. Pitcher is a graduateof the University of Arizona with a Bachelor of Science inGeology.
ABOUT ALLEGIANT
Allegiant owns five highly prospective gold projects inthe United States all of which are in the mining-friendly jurisdictionof Nevada. Allegiant’s flagship, district-scale Eastside projecthosts a large and expanding gold resource and is in an area ofexcellent infrastructure. Preliminary metallurgical testing indicatesthat both oxide and sulphide gold mineralization at Eastside isamenable to heap leaching.
ON BEHALF OF THE BOARD
Peter Gianulis
CEO
For more information contact:
Investor Relations
ir@allegiantgold.com
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in policies ofthe TSX Venture Exchange) accepts responsibility for the adequacy oraccuracy of this release.
Certain statements and informationcontained in this press release constitute "forward-lookingstatements" within the meaning of applicable U.S. securities lawsand “forward-looking information” within the meaning of applicableCanadian securities laws, which are referred to collectively as"forward-looking statements". The United States PrivateSecurities Litigation Reform Act of 1995 provides a “safe harbor”for certain forward-looking statements. Allegiant Gold Ltd.’s (“Allegiant”)exploration plans for its gold exploration properties, the drillprogram at Allegiant’s Eastside project, the preparation andpublication of an updated resource estimate in respect of the OriginalZone at the Eastside project, Allegiant’s future exploration anddevelopment plans, including anticipated costs and timing thereof;Allegiant’s plans for growth through exploration activities,acquisitions or otherwise; and expectations regarding futuremaintenance and capital expenditures, and working capitalrequirements. Forward-looking statements are statements andinformation regarding possible events, conditions or results ofoperations that are based upon assumptions about future economicconditions and courses of action. All statements and information otherthan statements of historical fact may be forward-looking statements.In some cases, forward-looking statements can be identified by the useof words such as “seek”, “expect”, “anticipate”,“budget”, “plan”, “estimate”, “continue”,“forecast”, “intend”, “believe”, “predict”,“potential”, “target”, “may”, “could”, “would”,“might”, “will” and similar words or phrases (includingnegative variations) suggesting future outcomes or statementsregarding an outlook. Such forward-looking statements are based on anumber of material factors and assumptions and involve known andunknown risks, uncertainties and other factors which may cause actualresults, performance or achievements, or industry results, to differmaterially from those anticipated in such forward-looking information.You are cautioned not toplace undue reliance on forward-looking statements contained in thispress release. Some of the known risks and other factors which couldcause actual results to differ materially from those expressed in theforward-looking statements are described in the sections entitled“Risk Factors” in Allegiant’s Listing Application, dated January24, 2018, as filed with the TSX Venture Exchange and available onSEDAR under Allegiant’s profile at www.sedar.com. Actual resultsand future events could differ materially from those anticipated insuch statements. Allegiant undertakes no obligation to update orrevise any forward-looking statements included in this press releaseif these beliefs, estimates and opinions or other circumstances shouldchange, except as otherwise required by applicable law.
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