Thursday 27th October 2016

Resource Clips

Allied Nevada reports Nevada Assays up to 1.16 g/t Gold over 134m

Allied Nevada Gold Corp ANV:CA announced assays from its Hycroft mine near Winnemucca, Nevada. Highlights include 1.16 g/t gold and 79 g/t silver over 134 metres, 1.56 g/t gold and 34 g/t silver over 18 metres, and 1.68 g/t gold and 33 g/t silver over 31 metres.

VP Exploration David Flint commented, “I am very pleased with the results we’ve encountered throughout the 2010 exploration program and we expect to see a positive impact to the overall resource. We have carried out this program successfully and under budget. We exceeded our target of drilling 100,000 metres and believe we have achieved our 2010 exploration goals, including resource conversion and expansion, which will show in the updated resource estimate in February 2011.”

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Scott Caldwell

or Tracey Thom
VP Investor Relations

by Ted Niles

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