Wednesday 28th September 2016

Resource Clips



Allied Nevada reports Nevada Proven and Probable Reserves of 12.65M oz Gold, 481.88M oz Silver

Resource Clips - essential news on junior gold mining and junior silver miningAllied Nevada Gold Corp TSX:ANV announced proven and probable reserves from its Hycroft Property in Nevada.

Total proven and probable reserves for both heap leach and mill operations come to 1,134.67 million tonnes grading 0.01 g/t gold and 0.42 g/t silver for 12.65 million gold ounces and 481.88 million silver ounces.

Total measured and indicated resources for heap leach and mill operations come to 939.62 million tonnes grading 0.01 g/t gold and 0.25 g/t silver for 8.17 million gold ounces and 236.85 million silver ounces.

Total inferred resources for heap leach and mill operations come to 534.94 million tonnes grading 0.01 g/t gold and 0.25 g/t silver.

President/CEO Scott Caldwell comments, “We have successfully extended the mine life by continuing to focus our efforts on upgrading the resources at Hycroft. In 2012, drilling at Hycroft will be directed towards continuing to develop the current resource area as well as step-out targets on the greater Hycroft Property. We believe Hycroft is a world-class deposit that will sustain a long-life, low-cost production profile with significant regional potential.”

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Contact:
Scott Caldwell
President/CEO
775.358.4455

Contact:
Tracey Thom
VP of Investor Relations
775.789.01197

by Greg Klein

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